Wilmington EdTech LINQ Closes Growth Investment From Private Equity Firm
LINQ, the premier K-12 technology company in the US, announced that it has received a growth investment from the private equity firm Welsh, Caron, Anderson and Stowe (WCAS), anticipating growth.
According to the company’s statement, the ongoing pandemic has resulted in schools and districts accelerating “digital transformation.” LINQ is currently serving more than 4,000 customers and its software is used to support about 32,000 schools nationwide.
LINQ is the only company to deliver a full suite of integrated solutions to help the K-12 community improve operational efficiency, optimize financial performance, maintain state regulations, and increase participation in nutritional programs. The platform offers solutions for finance, human resources, nutrition management, digital payments, school and district websites, custom forms including student registration, and document management. Wilmington-based startup has been serving the K-12 community for over 30 years.
LINQ is on a mission to empower the everyday heroes who make the schools stronger. It represents a better way forward for the customers and the industry. Together, the platform can rewrite the future of education.
Talking about the platform, CEO of LINQ, Krista Endsley, said, “We have a unique opportunity to make a real difference in the lives of everyday heroes, who work in our nation’s school systems, by helping them to redefine the future of education. Our partnership with WCAS and Banneker marks the start of a new phase at LINQ; the emphasis will be on strengthening our purpose-driven company to continue providing outstanding service and solving key challenges for our partner districts.”
The company’s careers webpage lists dozens of job openings, including remote positions and positions based in Wilmington, Raleigh, and Charlotte.
Last year in August, LINQ acquired two companies in Alio and eGrants, which the company made in order to expand “product offerings to streamline both financial and grant management for districts.” Endsley joined the company as CEO in 2020, and the firm acquired two companies in September 2020, as well.
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