Press Releases

New brand comes as company moves beyond K-12 market, supporting lifelong learning from kindergarten through adulthood K12 Inc. (NYSE: LRN), the nation’s leading provider of online and blended education, is becoming Stride, Inc. The new brand reflects the company’s continued growth into lifelong learning, regardless of a student’s age or location. The corporate name change will become effective on Wednesday, December 16, 2020. “A great education doesn’t stop at high school graduation,” said Nate Davis, Stride’s CEO and Chairman of the Board of Directors. “The Stride brand recognizes that, as a company, we are no longer limited by the boundaries of the K-12 market, and that we are dedicated to supporting lifelong learning and providing personalized, high-quality education in important career pathways that launch good paying careers.” Through its general education and career learning programs, Stride offers students multiple potential pathways for success, preparing them today for the

Acquisition of one of Inc. 5000’s fastest growing companies in the multi-billion-dollar healthcare training market K12 Inc. (NYSE: LRN) – to be Stride, Inc. effective December 16, 2020 – has entered into a definitive agreement to acquire MedCerts , a leader in online career certification training, in a continuing buildout of Stride’s career learning solutions for lifelong learners across diverse industries. “For so many Americans struggling to make it through these challenging times, the gap between daily reality and future opportunity can only be bridged by further education,” said Nate Davis, Chief Executive Officer and Chairman of the Board of Directors at Stride. “Our acquisition of MedCerts further solidifies Stride as a company that is innovating education delivery for diverse industries and talent, giving individuals and employers the training and resources to provide excellent healthcare services.” Founded in 2009, MedCerts has become one of Inc.’s Fastest Growing Private

Tech Elevator boasts industry-leading job placement rate of 92%, as grads go on to Accenture, JP Morgan Chase, PNC, and more. K12 Inc. (NYSE: LRN) – to be Stride, Inc. effective December 16, 2020 – today announced that it has entered into a definitive agreement to acquire Tech Elevator , a proven innovator in supporting individuals and companies seeking to develop in-demand coding skills and talent. Alongside Stride’s subsidiary Galvanize , Tech Elevator will help more individuals gain access to careers in technology by expanding on the company’s student demographic profile, geographic footprint, and hiring partner portfolio. Where Galvanize bootcamps enroll advanced beginners in software engineering and data science bootcamps, Tech Elevator expands Stride’s total addressable market by admitting students across the country with no coding experience. Stride will now upskill learners of all experience levels to meet the needs of all types of employers, in all types of markets. Stride’s

Recognizing that the Dallas metro area is the largest tech labor force in the South and wanting to increase accessibility for individuals looking to future-proof their careers, Galvanize , a leader in developing talent and capabilities for individuals and corporations in the fields of software engineering and data science, is expanding their reach with the launch of a new Dallas campus in January 2021. The launch of this new campus will provide students in North Texas with in-person access to leading software engineering programs. Amid growing popularity of Galvanize’s remote offering in Dallas, the new, physical campus is centrally located in the City Center District, with easy access to the DART Light Rail, expanding opportunities for more students to participate in immersive bootcamp programs that prepare them for careers in software engineering. “After seeing the immense interest in the Dallas area in our remote offerings, we knew we had to take the next step to expand the way we

More than 700 active duty military and Veterans have used Galvanize training to get post-military tech jobs Galvanize , the nation’s leading provider of software engineering and data science training, has hired Lawren Bradberry as Senior Manager of Military Programs. Bradberry will lead Galvanize’s newly enhanced Veteran support programs launching in January 2021, which will better aid Veterans and transitioning service members into meaningful careers in technology by providing resources such as mentorship, guest lectures, transition services, and more. Bradberry served for 10 years as a Behavioral Health NCO for the U.S. Army, and is the former Program Coordinator for Veteran Services and Career Development Specialist at the University of Houston. “Veterans give their all to protect us and our country, and we are proud to offer programs that help launch them into the next stage of their careers,” said Harsh Patel, Galvanize CEO. “Having ample experience working with Veterans and

Ping by Tallo recreates the college and career fair experience through a virtual “swipe left/right” matching experience As South Carolina’s economy recovers amid the continued need for social distancing, it is vital that employers, educational institutions, job seekers, and students find new ways to connect and share opportunities. With job fairs and recruitment events curtailed, one South Carolina company is creating new opportunities for these valuable connections. Tallo, a digital platform that connects talent with opportunities, is introducing their new web-based app to South Carolina with a series of college and career fair events. The new app, Ping by Tallo, allows postsecondary institutions and employers to host or join virtual events and match with interested and qualified students and job seekers. Ping is completely free for students and job seekers. To get started, all they have to do is answer a few short questions about their interests and qualifications, and then they’ll

The Miami Virtual Program, Arizona (MVPAZ), a new online public-school serving K-10 students throughout the state is ready to get to work providing Arizona students with the safe and comprehensive education options they need during these historic times. MVPAZ is an online public-school program as part of the Miami, AZ Unified School District. Online classes for grades K-10 started October 19 th but enrollment remains open. “MVPAZ will have a strong focus on the learning community and the connections between the students and educators,” said Bouchra Bouanani, Head of School for MVPAZ. “With everything going on in the world, and even just in this state, we want to provide additional options for parents who may need them.” In the face of a global pandemic, the new school year has been a constant worry for families throughout Arizona. According to one national survey , 2/3 of parents support keeping brick and mortar schools closed until there is no risk. All MVPAZ students will have

Lone Star Online Academy at Roscoe (LSOA), a new statewide online public school serving K-5 students across the state, is ready to get to work providing Texas students with the safe and comprehensive education they need. LSOA is an online public school program of the Roscoe Collegiate Independent School District. “We are excited to provide a new online education option for Texas families,” said Roscoe Collegiate Independent School District Superintendent Andy Wilson. “This is a school year like none other, and we are delivering this virtual option so that families will have access to high quality instruction and curriculum in an environment that meets their unique needs.” All LSOA students will have access to a robust curriculum and can attend live virtual classes taught by state-certified online teachers. Students are offered a full course load in the core subjects of math, science, English/language arts, history, and a host of electives. Teachers will regularly communicate with

New partnership will create first-of-its-kind career assessment and opportunity-matching solution built on science, data analytics and digital technology Tallo , the leader in end-to-end virtual workforce talent development, today announced a partnership with jobZology , an organization that empowers individuals to find joy and purpose in their education and career lives through trusted science and technology. The partnership integrates jobZology’s career assessment solution into the Tallo platform to better connect talent to training, careers and employment through the use of predictive science, real-time data analytics and digital technology. Employers today are tasked with not only finding qualified talent to fill open roles, but ensuring the talent they’re hiring has a meaningful fit within the workplace in order to keep employees engaged and motivated in the long run – and ultimately to decrease turnover rates. jobZology and Tallo provide employers with meaningful and insightful

Total Enrollments Top 195 Thousand, up 57.1%, For Fifth Consecutive Year of Growth K12 Inc. (NYSE: LRN), one of the nation’s leading tech-enabled education companies, today announced its results for the first fiscal quarter ended September 30, 2020. Financial Highlights for the First Quarter Fiscal 2021 compared with the First Quarter Fiscal 2020 Revenues of $371.0 million, compared with $257.1 million, driven by increased enrollments. Income from operations of $12.1 million, compared with a loss of $19.4 million. The increase in income is due to increased revenue and improved operating leverage. Net income of $12.7 million, compared with a net loss of $9.7 million. Diluted net income per share of $0.30, compared with a net loss per share of $0.25. Cash and cash equivalents as of September 30, 2020 of $308.8 million, compared with $165.9 million as of September 30, 2019. The change in cash is due largely to the net proceeds from the convertible debt offering, partially offset by cash