InStride
InStride, founded in April 2019 through a collaboration between Arizona State University and The Rise Fund, is a public benefit company offering workforce education programs with over 11,000 adult learners and 40+ corporate partners.
Founders
InStride was founded in April 2019 as a collaboration between Arizona State University (ASU) and The Rise Fund. This partnership aims to create a public benefit company focused on providing educational opportunities to adult learners through a comprehensive platform that connects corporate partners with top-tier academic institutions.
Corporate Partners
InStride has established partnerships with over 40 corporate partners. These collaborations enable companies to offer their employees access to a wide range of educational programs, including college degrees, credentials, and specific skills training. Corporate partners benefit from InStride's streamlined process for implementing workforce education programs, resulting in higher employee retention and promotion rates.
Educational Programs and Offerings
InStride offers more than 2,800 academic programs, catering to over 11,000 adult learners. The offerings include college degrees, credentials, and skills courses in various fields such as technology, healthcare, and executive education. InStride's network encompasses top-tier academic institutions, including Historically Black Colleges and Universities (HBCUs) and Hispanic-serving institutions, ensuring a diverse and inclusive range of educational opportunities.
Workforce Education Outcomes
InStride's educational programs have demonstrated significant outcomes for participating companies and employees. The programs boast a 92% annual retention rate and a 3x higher promotion rate for employees involved. Additionally, participating employees experience a 3x reduction in attrition rates. The programs also provide an average ROI of 226% over a three-year period for every dollar invested, compared to traditional tuition reimbursement programs, which see a 7% participation rate.
Innovative Solutions
InStride's platform supports various innovative solutions designed to enhance corporate education offerings. The Career Education Paths solution links education to skills and career advancement, while InSkilling supports skills-based hiring by replacing traditional degree requirements. The platform also includes features like direct billing, personalized learner experiences, and detailed reporting metrics, making it easier for companies to manage their workforce education programs.