10 Largest Edtech Companies
The global EdTech boom is in full swing with revenue projected to riseexponentially as the years and decades move along. The United States hasbecome a critical adopter of educational technology itself, but EdTech is alsobecoming ubiquitous and essential to nations around the globe.Who is benefiting the most from the educational technology boom? From a fiscalperspective, the following 10 Edtech companies are lapping the field as thelargest and most profitable companies in the field right now.1. VIP KidVIP Kid has an estimated valuation of $1.5 billion, and it’s arguably thelargest of the Edtech companies currently. This company teaches English tochildren in other countries and employs most of its teachers in the UnitedStates.2. 17zuoyeBased in China, 17zuoye is a tutoring company. They have an estimated worth ofone billion, and they work with children from kindergarten through highschool. They use a multi-faceted approach to education.3. Byju’sByju’s is one of the biggest EdTech names to come out of India. Founded in2015, Byju’s provides an intuitive online learning experience for a widevariety of different subjects. They’ve been working with investors andSoftBank to raise $200-250 million in order to expand their footprint to awide variety of different countries.4. YuanfudaoAnother company based in China, their worth is approximately one billion, andthey make their money by tutoring as well. They run a classroom tutoring thatis supposed to be more focused on the child and makes using technology insidethe home and classroom easy.5. UdemyUdemy has course material on almost every topic you could dream of. Withreviews and ratings that show the quality of each course, students can easilychoose what will be worth their time and won’t be. They bring adult educationto a whole new level.6. Age of LearningAge of Learning focuses on the child by combining the best practices foreducation with technology. Based in the US and worth one billion, they are oneof the largest Edtech companies in the world.7. iTutorGroupAnother Edtech company worth a billion dollars is iTutorGroup. They work withlanguage tutoring and are based in China. In business for over four years,they aren’t leaving the spotlight anytime soon.8. UdacityUdacity offers online courses of all sorts. They are based out of the UnitedStates and are considered one of the most important online Edtech companiesdue to their proprietary online courses.9. CourseraCoursera is an online learning platform juggernaut that has received thebacking of over $145 million from a wide variety of top venture capital firms.Coursera is a name that a lot of leading universities trust to providegroundbreaking access to online learning courses.10. HuJiangHuJiang is a China-based company providing online courses especially in theEnglish language teaching sector. They employ many people in the United Statesto teach the English language to those in China.Concluding ThoughtsThere are many Edtech companies out there in different spaces. Some teachyoung children and others are for adults, but these 10 companies have proventhemselves to be some of the largest in the industry. Top 5 Most Promising EdTech Companies In India 2021Since the start of coronavirus pandemic in 2020, the world was under lockdownand life started online, online games, online entertainment, online foodordering, online jobs and online education. The world went digital andeverything went online, not just colleges, but even the schools also wentonline.Today, the EdTech industry of India is the second biggest in the world and itis only beginning. The industry is estimated to touch $3.2 billion by 2022.Given below are the top 5 EdTech companies in India during the current year2021:In the past few years, Byju’s has become the household name for providing goodquality education online. It started as a simple coaching class service, andnow Byju’s is one of the top EdTech companies in the world and one of the mostsuccessful ones. This start-up was founded by Byju Raveendran and his wifeDivya Gokulnath and had its headquarters in Bangalore, India. Many big companies foresaw the start-up’s potential and invested in them-General Atlantic, Owl Ventures, Qatar Investment Authority, Bond, Tiger GlobalManagement, etc. They have even done collaborated with Disney to make learningfun and interactive. Their main aim is to provide education different from aclassroom one- a more engaging, personalized, and easy way of learning. Byju’salso has various popular subsidiaries like WhiteHatJr. and SPAN ThoughtworksPrivate Limited. Not for forget, BYJUS is also one of the leading Unicorn OfIndiaBrainly is an online community where millions of students and verified expertscome together to solve questions. Michal Borkowski founded it in 2009 inPoland. Users are allowed to ask questions or doubts related to their projectsor assignments, and their queries get answered by a panel of experts in thefield. They have been funded by Learn Capital, Prosus Ventures, Runa Capital,General Catalyst Partners, MantaRay, etc. Owing to the sudden switch to theonline mode of education, Brainly has become one of the world’s largest onlinelearning communities.3. EdTech CollegeDuniaFounded in 2014 by Sahil Chalana, this online community provides a searchengine that helps students find the right college and course for themselves byproviding them results customized to their qualifications. It servesinformation on higher education for students in India as well as abroad. Whenyou enter the course you want in their search engines, you will be provided acompiled online brochure of the colleges you can apply to, the procedure youhave to follow, and other required information. They have had investors likeGray Matters Capital and M Chandrasekaran to provide their funding. Currently,they are invested in the growth of their mobile application amidst the surgeof online modes of education.
4. EdTech Gradeup
Gradeup is also one of the leading EdTech start-ups in India and specializesin curating content for acing competitive exams like JEE and NEET. The start-up was founded by Shobhit Bhatnagar, Vibhu Bhushan, and Sanjeev Kumar underthe parent company GradeStack Learning Pvt Ltd in the year 2015. They areinvested in an engaging and interactive exchange of queries and solutionsbetween aspirants and experts. The company focuses on using Data Analytics toincrease its audience organically.
5. EdTech MeritNation
MeritNation is one of the most popular online learning platforms for schoolchildren from classes 1-12. Pavan Chauhan founded the company in 2005 in NewDelhi, India. It is a subsidiary of Aakash Educational Services Limited beforeByju’s acquired the EdTech giant. It aims to provide a unique and creativelearning experience to the students using animations, question banks, notes,and an overall interactive environment.
Above is the list of Most Promising EdTech Companies in India 2021
Edited by Aishwarya IngleTop 25 Fast-Growing EdTech Companies & StartupsEducation has been the most highly affected industry by COVID-19. Workplacescontinue to operate remotely, businesses operate online, and the healthcaresector is working the same as before. But, educational institutes are one ofthe highly affected organizations.Lockdowns and closure of schools worldwide have given rise to EdTech startups.While we see universities/colleges move online, startups already operating inthat niche tend to grow.The already tech-savvy newer generations have to study online, and that ischanging multiple industries. Because if you change the policies in theeducation sector, it will directly affect the healthcare and business sector.The people who will join healthcare and start/work for businesses in thefuture are now in schools. Therefore, the education sector is the mostimpactful of them all.Education is going to become an industry worth $7 trillion by 2025. Startupsin this industry will be the most impactful and successful. These companieswill be shaping the new generations.In this article, we will discuss the EdTech startups that you must keep an eyeon in 2021. These companies have the potential to lead the EdTech business.The list comprises the startups launched in 2021 – the post-pandemic era.
Top 5 EdTech startups to watch in 2021
Here is the list of startups that got launched in 2021 and show signals offuture success.Talk about innovation, and Kalam Labs are here! Founded in 2021, the startupaims at revolutionalizing the way K-12 studies are done. Kalam Labs is one ofthe most disruptive and innovative startup ideas we have seen in a while. Itis a fusion of gaming and learning. They are a game-streaming service thatsits at the intersection of learning and playing. The gamers play and learnabout the subjects/concepts relating to their grade – according to the K-12system. Visit their site to learn more about their creative idea.The world saw a rise in online coaching providers. There are thousands of newtutors popping up and selling their online courses via their websites. Theproblem is testing, marketing, and analytics for their online course. Thetutors were forced to use multiple tools for those purposes. Utobo solves thisproblem. They provide a single dashboard for all of these activities.Creating, delivering, and testing – all in one dashboard. Learn more aboutthem by visiting their site.Megacampus is a Russian startup launched in 2021 as a social network foreducators, students, and employers. They aim to provide a platform forteachers to teach, employers to head-hunt, and students to network and learn.They operate as an EdTech aggregator. To learn more about their idea, visittheir website.Beetle launched recently in July 2021. Launched as a community for school andcollege students, they have a great idea of aggregating all the informationregarding jobs/skills/internships under one roof. It eliminates the struggleevery college student goes through their life. Also, since they want to createan online community where people can network, they aim to promote mental well-being amongst teenagers. Their website and community are under development.You can learn more about them here.Atorika is a french EdTech startup that wishes to revolutionalize childeducation. Their idea is still in the R&D stage, but you can learn more aboutthem from their website. They plan to create “Atorika Spaces” which arededicated rooms that will hold workshops for children aged between 5 to 15. Itwill include supervised, group workshops, and children will learn from a high-tech environment. Their slogan is ‘art and science through experience”, andwe’ve found their idea to be very exciting.
Top 10 Best Edtech Companies to Worth Watching in 2021
These education companies impact a student’s life in many ways. The studentsget access to cutting edge technologies and learning methods. These startupshelp students have fun while learning.Founded: 1997Location: WashingtonBlackboard is one of the biggest education technology companies. They arehustling to help teachers impart quality education.Working in the edtech realm, this is one of few companies with a mission todisrupt online education.Blackboard amplifies the student-teacher engagement by digitalizing theteaching world. Blackboard’s total valuation stands at $700 Million. This isone of the reasons why it is one of the the largest technology companies inthe education industry.Founded: 2011 as Think and Learn Pvt LtdLocation: Bengaluru, IndiaByju’s covers the entire K-12 segment of school education, but with the mainfocus on Maths and Science. Byju’s was the most valued education tech companyin 2019, standing at $5.4 billion.It allows students to take video lessons via the application or website.Today, Byju’s is one of the most successful startups. Beginning from a simpleeducation platform has today become an authentic source of learning.The gamification of the subject matter impresses the students and makeslearning fun. Growing as an innovative startup, Byju’s makes e learningaccessible and easier for everyone.As one of the top edtech companies, Byjus constantly innovates. Therefore,allowing the students to have a better study experience.
Check out 10 Ideas to Start Own Edtech Business
Find more about innovative ideas for own eLearning startup in 2020Read moreFounded: 2006Location: New York CityTPT is one of the amazing companies in the realm of education technology.Primarily, it connects teachers with teachers allowing them to exchange studymaterial.TPT works on an Open Marketplace business model securing funding via thePrivate Equity model.The aim is to breed deep connectivity in the teacher’s community. Teachers cansell and buy worksheets, lesson plans, and additional material from theirpeers.Since the Pre to K-12 segment has a homogenous study syllabus, TPT helps themembers gather the essential study material. Moreover, very few edtechcompanies have a similar business model.Founded: 2006Location: SeattleAs far as E learning startups go, Dreambox Learning is a very intuitive andexciting online education platform. Dreambox Learning uses the concept ofAdaptive Learning technology, which is rarely seen in even the top edtechcompanies.Where other education companies provide comprehensive learning, Dreambox usestechnology to teach mathematics.The mix of education authenticity and technology makes learning Maths easy andprogressive. Further, it helps the students learn maths without moving out oftheir comfort zone.First, they understand the level of the student’s knowledge. With this, thecourses recalibrate to address the student’s issues better.Founded: 2012Location: Mountain View, CaliforniaCoursera is one of the biggest education technology companies. It connectsstudents with more than 150 universities.They offer courses from diverse subject areas. Thus, helping students learnfrom the best educational institutions.Students can get access to on-demand video lectures and community forums. Notonly this, but Coursera is one of the biggest startups that is impartingeducation via e learning.With a total of 9 funding rounds, this edtech company has raised $313 Million.Founded: 2008Location: Salt Lake City, UtahAnother one of the amazing education startups that cater to the teachingcommunity. Instructure helps teachers create new courses and also allotassignments.Further, there are more than 3000 universities that have a listing on thiscloud-based platform.This startup’s USP is that it combines an LMS and a Massive Open Online Course(MOOC) to impart education.Founded:2008Location: New York CityOne of the most advanced top edtech companies, Knewton focusses on adaptivelearning.Knewton allows students to understand their strengths and weaknesses. This isin combination with developing their intellect in the subject.Apart from the inclusion of smart learning, teachers can receive analyticalreports for the students. Like other startups, Knewton aims to make E learningeasy.The students can also get personal recommendations about learning techniques.With a total of 9 funding rounds, Knewton raised a total of $182.3 Millioninvestment.Founded: 2005Location: Santa Clara, CliffChegg works in three major domains. Chegg provides digital notes and subjectmatter to the students.Unlike other companies’ platforms, the students on Chegg can opt for onlinetutoring on the edtech platform.It focuses on helping the students with their homework and self-learning.Thus, making the students independent.More importantly, on Chegg, the students can also buy, rent, or sell books.This helps the students to reduce their burden and get more financial leeway.Founded: 2000Location: New York CityDonorchosse is one of the unique and innovative edtech companies giving toppriority to practical learning.As a non-profit organization, the students can get funding for their projectsby donors.It connects donors and students. Students can freely work on their innovationswithout limiting themselves to self-funding.This breeds a culture of understanding the practical applications of therelevant subjects.DonorsChoose has got around $7 Million from 3 funding rounds.Founded:2010Location: BengaluruThere are only a handful of large scale startups that streamline professionaleducation. Simplilearn is an amazing portal that provides certifications forprofessional courses.As an edtech platform, it also helps the employees of different companieslearn more about their fields. This allows professionals to become better intheir field and look for better job prospects.Today Simplilearn is actively becoming a part of the professional training. Ina total of 4 funding rounds, they have got $31 million in funding.
Top 10 Best e Learning Startups to Worth Watching in 2021
After getting to know the best education technology companies, we are going totake up the startups. New startups in the education realm offer innovativeproducts and solutions to the learning community.Every single one of the top edtech companies was also a startup at some point.We have listed those top e-learning startups that are doing something new inthe realm of edtech.Founded: 2016Location: LondonZen Educate is one of those companies that use the edtech that helps schoolsrecruit top teachers. It removes the need to pay commissions and fees to therecruiters.They only enlist authenticated teachers who have the requisite experience.Further, education startups similar to this one ensures that the teachers getthe deserved remuneration.On the whole, it is the student who gets the ultimate benefit of getting goodtraining and education.In over 3 funding rounds, Zen Educate has raised $10.4 Million.Founded: 2011Location: New Orleans, LATORSH is another one of the innovative edtech companies aiming to bring top-class education to the students. It allows educators to impart promisingeducation to bring an improvement in the students.With features like professional training, education startups that resembleTORSH also improves teacher performance. It bridges the teacher-student withnext-gen solutions.Founded in: 2013Location: Beijing, China & San Francisco, USAVIP Kid is one of the most widespread education technology companies. It onlyimparts English lessons by connecting North American teachers.It is one of those companies that use edtech to help students and teachersconnect. The teachers can teach and earn all the while working from thecomfort of their homes.VIP Kid leverages virtual learning. They impart this form of educationtechnology on a larger scale relative to other companies. Further, the aim isto connect students and teachers from across the globe.Students can learn from native English teachers. Thus, giving them a betterlearning experience. In its seven funding rounds, VIP Kid raised $825 million,bringing its total valuation to $8 Billion.Founded: 2015Location: Denver, ColoradoWhen employers want to pay for their employee’s education, Guild Educationcomes in.Unlike other e learning startups, Guild Education helps the professionalemployees. And continue their studies while working.Since they do not have time to attend regular schools, this startup bringseducation to them virtually.This improves the intellect and book knowledge of the employees while they areworking on their practical skills.In the latest Series D funding round of edtech companies, they secured $157Million. Thus, bringing its total funding to $228 Million.Founded: 2016Location: BengaluruUnacademy is one of the fastest-growing and top edtech companies with aconsumer base of 300,000 students.They facilitate video lessons for students of all ages and subjects.The educators are handpicked, and they can share the video lessons on theplatform accessible to the students.This brings in the concept of imparting personalized lessons to students of asingle subject or stream.At present, the total value of one of the amazing startups in e learningdomain is $500 Million. In the last funding round, Unacademy got $110 million.Founded: 2015Location: Melbourne, AustraliaAnother one of the emerging edtech companies, A Cloud Guru is the topeducation platform for IT personnel.This startup imparts teachings on cloud technology. Along with this, theyprovide certifications in different domains of cloud technology.In its last funding round, they got investments worth $33 Million. This bringsthe total valuation of this entity to $40 million, which is better than othereducation technology companies.Founded: 2010Location: New Orleans, Louisiana4.0 Schools enter the e learning startups world with an innovative concept.They provide training to the upcoming CEOs and leaders online.They offer fellowships and other essential skills to help them train. Alongwith this, the students or entrepreneurs get community support.They help young entrepreneurs to groom their ideas and work on them. In asingle venture fund, they raised $15 Million.Founded: 2015Location: Waterloo, OntarioIn the sphere of edtech, Applyboard is quickly gaining traction among otherstartups. They help students from across the globe get an education in NorthAmerica.This startup provides the best education via online e-learning courses, whichhelp them improve their skills.These courses come from around 1200 North American schools and institutions.The benefit is for those students who cannot physically access educationoverseas.Rising to the occasion of one of the top edtech companies, Applyboard raised$26.4 Million in the last funding round.Founded: 2011Location: Exeter, UKSparx understands the issues in teaching and learning maths in schools. Thisstartups E learning prowess comes from skillful educators. They impart virtualclasses in maths for the students.With a motive to improve the numeracy levels of the students, Sparx is workingcontinuously.Sparx is one of the few startups that focuses solely on maths education. Theyhelp students and teachers overcome the daily challenges in learning maths.In the latest funding round of education technology, Sparx got $22 Millionovertaking other similar companies.Founded: 2013Location: Berlin, GermanyAmboss stands out from other startups as it operates in the realm of medicaleducation. It offers exam-style questions and the latest medical studymaterial to the students.Smart learning techniques are allowing the students to take notes, highlight,and develop as they learn.Amboss is only one of the few edtech companies that bring the entire medicalsubject matter online.In a total of 4 funding rounds, Amboss has raised $42 Million becoming, one ofthe largest companies in the medical edtech.
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