Edalex one of the 50 most promising education technology startups in Australia and New Zealand according to leading market intelligence firm, HolonIQ
The HolonIQ Australia-New Zealand EdTech 50 recognises the most promising EdTech teams based in Australia and New Zealand and helps to shine a light on innovation across the market, the robustness of the ecosystem and the collaboration between EdTech companies and education institutions. As a member of HolonIQ’s ANZ 50, Edalex are in an elite group of Australian EdTech companies who collectively employ over 2,200 staff and are responsible for generating more than $400 million of revenue.
Edalex was one of only 5 companies recognised in the Tutoring, Assessment and Credentials category and were chosen from the 750+ EdTech companies evaluated by HolonIQ. Edalex was assessed against a variety of factors, which included the quality and uniqueness of the product, the expertise and diversity of the team and the momentum, the positive changes in the size and velocity of the company over time, among others.
“We are thrilled to be included in the prestigious HolonIQ ANZ EdTech 50,” says Dan McFadyen, Managing Director of Edalex. “This recognition validates not only the importance of the employability challenge we are tackling but also our innovative approach to providing personalised evidence of workforce-relevant skills through our Credentialate platform.”
HolonIQ is an industry leading market intelligence platform that provides data and analysis of developments in the global education market, providing updates and commentary on companies, countries and industries and how their innovation activities form patterns and trends in the market.
“We worked closely with HolonIQ to shortlist the most Innovative Australian EdTech companies and Edalex is certainly well placed on the list.” said David Linke, Managing Director of EduGrowth. “You should be truly proud of your work building Edalex to date, it will be exciting to watch your next steps as you scale to even greater heights and impact even more learners around the world.”
This award comes on the heels of Edalex winning the 2020 APAC EdTech Venture Competition. Edalex is recognised for the two platforms it develops: Credentialate, the world’s first Credential Evidence Platform, and openEQUELLA, an open source digital repository. Credentialate securely extracts, analyses and presents personalised qualitative and quantitative evidence backing digital credentials. openEQUELLA, a project of the Apereo Foundation, is a digital repository that provides a single platform to house teaching/learning, research, media, and library content.
Powering your single source of truth for skills and learning data
Edalex is an EdTech company powering your single source of truth for skills and learning data. Founded in 2016, Edalex develops technology solutions that extract hidden value from educational data to make it accessible and more meaningful. Edalex brings together the team behind the CODiE award-winning openEQUELLA open source platform that centrally houses teaching and learning, research, media and library content.
In 2019, Edalex launched Credentialate, the world’s first Credential Evidence Platform, that helps discover and share evidence of workplace skills. Credentialate creates order from chaotic data, provides meaningful insight through framework alignment and equips each learner with unique, rich, industry-aligned evidence of their skills and competencies. Credentialate has continued to evolve at an accelerated pace, informed in partnership with educators and industry leaders from around the world.
openRSD was released by Edalex in 2022 to help create, store and share rich skill descriptors (RSDs) and RSD collections. openRSD uses Edalex’s open source technology stack to create locally- and globally-relevant libraries of RSDs that are open to all contributors and consumers. RSDs are the building blocks of a skills-driven labour market. They structure skills data, add context around a particular skill and are both human and machine readable. RSDs bring equity to the learner and the skills ecosystem and provide an even playing field for skills recognition.