PwC advises Steplab on its investment from Pelican Capital
May 2026
PwC Corporate Finance is pleased to announce it has advised Steplab, a high-growth, subscription-based professional development EdTech platform, on its investment from Pelican Capital.
Founded in 2018 and headquartered in London, Steplab enables schools to deliver meaningful, comprehensive professional development to teachers end-to-end. Designed by educators, the platform provides schools with the tools required to deliver evidence-based training and improve teaching outcomes. Today, Steplab is helping teachers to access effective PD across the UK, Australia, the US and other international markets. The investment from Pelican Capital will support the business in its next phase of growth, enabling further expansion of its platform and international footprint.
PwC Corporate Finance acted as lead financial adviser to Steplab, supporting the shareholders throughout the transaction process and delivering a successful outcome with Pelican Capital.
The PwC team advising on the deal was Tim Armstrong, Chris Whitehead, Jamie Berry and Theo Hill.
“I want to express my thanks to the PwC team as a whole for their support for the shareholders of Steplab. When we selected an advisor, we wanted to work with somebody who would stand side by side with us throughout this process, and deliver on what they said they would achieve. PwC went above and beyond for us, and drew on a vast array of experience to deliver an exceptional outcome for us.”
“Working with Josh, Ben and the rest of the Steplab team on this deal has been a pleasure. Steplab’s platform is driving meaningful outcomes for teachers, training providers and school groups, and we are delighted to have advised the shareholders on securing investment from Pelican Capital to support the next phase of growth. Josh, Ben and the management team have built an incredible business which is helping teachers to access effective PD... and great teachers change student’s lives. I am excited to see Steplab deliver even more, faster over the coming years with the backing of the team at Pelican. Once again, we are proud to continue our track record of working with exciting private businesses, delivering meaningful sector driven insights and advice.”
Contact us
