Announcing Our Investment in Watermark
Today, higher education is facing an inflection point, a time to reassess and better equip students for the needs of tomorrow. For most of history, colleges and universities have provided the foundational knowledge, talents and skills required by employers to gain entry into the workforce and to thrive in this ever-changing, global society of ours. Yet today, the norm is to question the value of a degree. Ever rising costs coupled with uneven student outcomes call into question the return on investment of higher education.
Against this backdrop, we see clear signs that point to a renaissance for those institutions that are willing and able to experiment, adapt and imagine again. To rise to the challenge and seize the opportunity facing higher education, we believe institutions need more insights from the data and tools at their disposal — to measure, assess, and act. This is not a simple task but we believe technology can play a critical role to make sense of the many dimensions of student success — in and out of the classroom — in order to drive learning outcomes, improve student retention, and prepare a skilled and productive workforce.
Our latest investment is about the challenges of today and the opportunities of tomorrow. With over 20 million students in higher education in the United States and over 200 million globally, the potential for impact is enormous.
We are excited to announce our investment in Watermark, a technology company that serves over 1,000 higher education institutions worldwide. Watermark is an educational intelligence system that helps colleges and universities connect information across the institution and gain meaningful insights into student learning. Equipped with this data, they can improve the quality of educational programs, assess institutional effectiveness, and streamline the accreditation process. We are also excited to partner with the company’s management team, TCV and Quad Partners, a group of executives and investors we have known and worked with over the years, and respect highly.
Headquartered in New York City with offices across the US and in India, Watermark’s mission is to put better data into the hands of administrators, educators, and learners everywhere in order to empower them to connect information and gain insights into learning which will drive meaningful improvements. This mission resonates with our core belief that learning in higher education must mirror the changing needs of employers and communities at large. By investing in Watermark, we are investing in the future of human capital.
Much like the institutions that Watermark serves, the company is also at an inflection point — poised to continue building technologies that transform how we learn, teach, work and grow.
If you’re passionate about higher education, interested in driving learning outcomes at your institution, or looking to partner on this mission, we encourage you to visit www.watermarkinsights.com and start a conversation.