Carnegie Learning Named to the 2025 GSV 150 for Third Time

Carnegie Learning has been named to the 2025 edition of the GSV 150: GSV’s annual list of the top 150 private companies transforming digital learning and workforce skills.

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For the third time, Carnegie Learning has been named to the 2025 edition of the GSV 150: GSV’s annual list of the top 150 private companies transforming digital learning and workforce skills. (Graphic: Business Wire)

To select the GSV 150, GSV evaluated 2,500+ global companies across five key factors: revenue scale, revenue growth, user reach, geographic diversification, and margin profile. The 2025 cohort of the GSV 150 collectively reaches 3B learners and generates over $25B in annual revenue.

“I am deeply honored that Carnegie Learning has been recognized by ASU+GSV in their prestigious annual GSV 150 list of the Top 150 Private Companies,” said Carnegie Learning CEO Barry Malkin. “As pioneers in AI-driven education and leaders in HQIM, this recognition is a testament to our unwavering commitment to innovation and excellence. I am incredibly proud of our dedicated team—this honor reflects their hard work, passion, and the shared vision we bring to empowering learners everywhere.”

“The rapid rise of generative AI is fueling knowledge and creating opportunities we had not imagined before,” says Luben Pampoulov, Partner at GSV Ventures. “Multi-modality is making education more engaging, AI tools are driving personalization and productivity, and learning is happening at the speed of light. Effectively everyone across the 2025 GSV 150 has generative AI deeply embedded in their offering.”

Of the 2025 GSV 150, 58% are based in the US; 4% are based in Canada; 11% are India-based; 15% are Europe-based; and, notably, after two years’ absence, Chinese EdTech companies are back on the list. A meaningful shift towards profitability is evident throughout, with the estimated EBITDA score of the 2025 cohort up 21% versus last year.

See the list at https://www.asugsvsummit.com/gsv-150, and join many of them at the 2025 ASU+GSV Summit, April 6-9 in San Diego.

About Carnegie Learning, Inc.

Pittsburgh-based Carnegie Learning is at the forefront of ed tech companies using data and AI to dramatically improve learning outcomes for students. A leader in K-12 education for 26+ years, Carnegie’s award-winning math, literacy, world languages, professional learning, and high-dosage tutoring products are used by over 5.5 million students and educators in all 50 states and Canada. Born out of Carnegie Mellon University, the company continues to conduct research with over $90M in grant funding from the Gates Foundation, Walton Family Foundation, Department of Education, among others. Visit carnegielearning.com, LinkedIn, Twitter, and Instagram.

ABOUT GSV

Founded in 2011, GSV is a global platform that drives education and workforce skills innovation. Our mission is that ALL people have equal access to the future, and we believe that scaled innovations in “PreK to Gray” learning and skills are crucial to achieving this goal. The GSV platform includes the ASU+GSV Summit, hosted annually in San Diego with 7,000+ attendees; the India-based ASU+GSV & Emeritus Summit, now entering its third year; and The AI Show @ ASU+GSV, an immersive exploration of the AI Revolution in education, which welcomed 10,000+ attendees this year. GSV Ventures, GSV’s investment arm founded in 2015, is a multi-stage venture fund investing in the most transformational companies across the global “PreK to Gray” landscape.

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