Edalex, an EdTech company on a mission to surface learning outcomes, digital assets and the power of individual achievement, were selected as the inaugural winner of the Future of Education in APAC, EdTech Venture Competition.
The competition, a program run by Creatella Ventures, and supported by EdTech heavyweights AWS EdStart, EduSpaze and Blackboard, attracted submissions from 167 EdTech startups from more than a dozen countries across the Asia Pacific region. More than 50 seasoned investors, business angels, VCs, mentors, accomplished entrepreneurs and senior industry experts, from both the startup and corporate world provided mentorship and judging across multiple rounds of the competition, held throughout September and October.
Edalex’s winning pitch focused on their Credentialate platform. Credentialate, the world’s first Credential Evidence Platform, aligns closely with all three competition themes of Future of Education, Distance Learning and the Future of Workforce.
Credentialate was developed in close collaboration with Group of Eight (Go8) design partner UNSW Sydney, in support of a multi-year, cross-faculty micro-credential community of practice and research project. Credentialate securely extracts, analyses and presents personalised qualitative and quantitative evidence with the digital credential. Employers can in turn immediately validate achievements and assess candidates beyond their grades, through the more holistic view Credentialate provides.
“To win against such impressive competition is a great validation of Credentialate, our vision and its positive impact for learners and institutions,” said Dan McFadyen, Managing Director of Edalex. “This recognition reinforces that Credentialate is bringing meaning to micro-credentials by giving learners a voice for their workplace-relevant skills.”
About Edalex
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.
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