Annual Impact Review 2024

ILT Education

Market-leading supplier of digital educational tools for schools and preschools

Subheadings

At a glance

Year of investment: 2021
Investment Strategy: Buyout
Impact Theme: Healthy People
Sector: Education

Website
100-kommuner
ILT logo

Business description

ILT Education offers digital educational solutions for schools and preschools, with a focus on audio and visual-assisted learning solutions for  students with special education needs ("SEND") such as dyslexia, and students with multilingual backgrounds. Its comprehensive service offering, based on a SaaS business model, is available in Sweden, Finland, Norway, Germany, Austria, UK and France. The company has historically had consistent organic and inorganic growth over the years with a high level of recurring customers.

"I'm welcoming Trill Impact as the new majority owner of ILT Education where we together can create a true impact leader in Ed-Tech, accelerating our value proposition by measuring learning outcomes of students, increasing customer adoption and strengthening loyalty among our end-users and employees. This, combined with an ambitious growth agenda, makes me very excited about the outlook for the next few years."

- Jakob Skogholm, CEO of ILT Education

ILT Education's solution

TI (115)

Social/Environmental challenges

  • Falling PISA scores in most EU markets, >20% of students underachieving in reading, math and science, COVID-19 adding to the challenge
  • Non-native students perform below average
  • Majority of teachers lack knowledge of neuropsychiatric disabilities
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SDG Contribution

ILT Education is a highly impactful company addressing general European educational challenges and seeks to provide people equal opportunity to gain knowledge and access to information. The products are designed specifically for both young children and students with learning support needs and range from narrated audio versions of printed schoolbooks to multilingual and interactive digital support functions.

SDG # 5: Ensure inclusive and equitable quality education. Promote lifelong learning opportunities for all

SDG #10: Ensure equal opportunities, end discrimination, empower and promote inclusion of all

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