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Penn Foster Secures Investment to Accelerate Pairing of Data Science with Skills-Based Digital Learning


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BOSTON, Jan. 21, 2021 /PRNewswire/  Workforce development pioneer Penn Foster today announced a significant new investment from BayPine and Two Sigma Impact to accelerate the build-out of its digital learning platform focused on preparing frontline workers to thrive within high-growth, high-skill jobs. The two investment businesses will partner with Penn Foster to bring new capabilities in data science and advanced technology to help the company continue to offer practical, affordable solutions to its students.
Skill gaps and economic mobility are, in many ways, two sides of the same coin, said Frank Britt, Chief Executive Officer of Penn Foster. This investment reflects our belief that the combination of advanced labor market analytics with low-cost digital training can help individuals make better-informed decisions about their educational investments. It s about enabling employers to close skill gaps by identifying and cre ....

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