Wey Education runs two divisions: a fee paying online secondary school where teachers deliver timetabled lessons online, InterHigh, set up in 2005; and Academy21, a business to business division which offers classes and resources to other education providers.
Wey is on track to record growth over more than 30% in the year to August 31 after gaining new customers due to a ramp up in marketing spend.
Whipp said the coronavirus lockdown had raised awareness of online schooling and education. “We were doing well before Covid. Teaching online is very different to teaching in the classroom and we understand that.”
Shares in Wey, run by chief executive Jacqueline Daniell, have risen from 14.25p at the start of the year to around 24p, valuing the company at £33 million. Founded in 2005, Wey has 144 staff and has taught nearly 13,000 students.