Edtech, the blossoming industry is booming with every passing day.
The industry is gaining a lot of attraction and one can see it from the huge amounts that are being raised by edtech ventures every day.
Check out this list below that mentions of edtech companies that have raised over 50 Million Dollars in last 5 years!
1) Company name: Desire2Learn (D2L)
About: D2L is an integrated learning platform, providing cloud learning solutions for educational institutes and corporate. By developing solutions that improve learner achievement, increase retention rates and inspire greater engagement, they empower our customers to help learners reach their full potential.
Found in: 1999
Investors: Columbus Nova Technology Partners, Graham Holdings, Four Rivers Group, Aurion Capital and existing investors, New Enterprise Associates and OMERS Ventures.
Funding Year/Amount: 2012/USD 80 Million
Investors: Aurion Capital, Columbus Nova Technology Partners, Four Rivers Group, Graham Holdings, New Enterprise Associates, OMERS Ventures
Funding Date/Amount: 2014/ USD 85 Million
Website: https://www.d2l.com/
2) Company name: Udacity
About: Udacity provides online courses and credentials, built by AT&T, Google, etc. for data analysts, web or mobile developers.
Found in: 2011
Investors: Bertelsmann
Funding Date/Amount: 2015/USD 105 Million
Website: http://www.udacity.com
3) Company name: HotChalk
About: HotChalk helps great universities be great online.
Found in: 2004
Investors: Bertelsmann
Funding Date/Amount: 2015/USD 230 Million
Website: http://www.hotchalk.com/
4) Company name: Pluralsight
About: Pluralsight is the leading technology learning platform. With Pluralsight, companies attract and grow talent and improve performance.
Found in: 2004
Investors: Felicis Ventures, Aydin Senkut, Frank Wilder, GSV Acceleration, Deborah Quazzo, ICONIQ Capital, Insight Venture Partners, Bryan Gartner, Sorenson Capital, Fraser Bullock, Mark Ludwig
Funding Date/Amount: 2014/USD 135 Million
Website: http://www.pluralsight.com
5) Company name: iTutorGroup
About: iTutorGroup is an online education company that provides individualized, personalized learning experiences.
Found in: 2004
Investors: Alibaba Capital Partners
Funding Date/Amount: 2014/ USD 100 Million
Investors: GIC, Goldman Sachs, Russia-China Investment Fund, Silverlink Capital, Temasek Holdings
Funding Date/Amount: 2015/ USD 200 Million
Website: http://www.itutorgroup.com
6) Company name: Dude Solutions
About: Dude Solutions is the nation's leading provider of SaaS operations software for education, government, healthcare and member organizations.
Found in: 1999
Investors: Warburg Pincus
Funding Date/Amount: 2014/ USD 100 Million
Website: http://dudesolutions.com
7) Company name: Teacher Synergy (Teachers pay Teachers)
About: Teachers Pay Teachers is a community; the first and largest open marketplace where teachers share, sell/buy original educational resources.
Found in: 2006
Investors: Spectrum Equity, Tiger Global Management
Funding Date/Amount: 2014/ USD 64.12 Million
Website: https://www.teacherspayteachers.com/About-Us
8) Company name: Craftsy
About: Craftsy is the premier destination for learning, inspiration, and supplies for passionate enthusiast makers.
Found in: 2011
Investors: Stripes Group
Funding Date/Amount: 2014/USD 50 Million
Website: http://www.craftsy.com
9) Company name: Minerva Project
About: They are forming an exclusive university that teaches students who are taught almost entirely in small groups via live video sessions and live together in residential halls that rotate every year to different major cities worldwide.
Found in: 2012
Investors: Led by Chinese Investors from Minerva
Funding Date/Amount: 2014/ USD 70 Million
Website: https://www.minerva.kgi.edu/about/
10) Company name: Byju’s
About: BYJU'S makes learning effective and engaging for students in grades 4-12, through its app. It has 7 Mn+ users on its platform today
Found in: 2011
Investors: Sequoia Capital, Sofina
Funding Date/Amount: Mar 2016/ USD 75 Million / Series C
Investors: Chan Zuckerberg Initiative, Sequoia Capital
Funding Date/Amount: Sep 2016/ USD 50 Million / Series D
Website: http://byjus.com/
11) Company name: Udemy
About: Udemy is a global marketplace for learning and teaching online.
Found in: 2010
Investors: Naspers
Funding Date/Amount: 2016/ USD 60 Million
Investors: Insight Venture Partners, Norwest Venture Partners - NVP
Funding Date/Amount: 2015/ USD 65 Million
Website: http://www.udemy.com
12) Company name: Genshuixue
About: Genshuixue is a Chinese online education platform that allows its users to search for courses related to various fields and subjects.
Found in: 2014
Investors: Banyan Capital Partners
Funding Date/Amount: 2015/ USD 50 Million
Website: http://genshuixue.com/
13) Company name: NetDragon Education
About: NetDragon Education is an online education platform that targets students in Kindergarten to high school through websites and mobile apps.
Found in: 2014
Investors: IDG Capital Partners
Funding Date/Amount: 2015/ USD 52.5 Million
Website: http://netdragon.com/
14) Company name: Xioazhan Jiaoyu
About: The Company’s resources help Chinese students to prepare for foreign college entrance exams
Found in: 2011
Investors: Sequoia Capital, Bertelsmann Asia Investment, GGV Capital, Milestone Capital, Shunwei Capital Partners and Vision Knight Capital.
Funding Date/Amount:2015/ USD 84 Million
15) Company name: Yuantiku
About: Yuantiku is a Chinese online education product launched by Beijing Fenbi Future Science and Technology.
Found in: 2012
Investors: China Media Capital (CMC), New Horizon Capital, IDG Capital Partners, Matrix Partners China
Funding Date/Amount: 2015/ USD 60 Million
Website: http://yuantiku.com
16) Company name: Civitas Learning
About: Civitas Learning offers a cloud-based, predictive analytics platform that delivers insights to the frontlines of education.
Found in: 2011
Investors: Rethink Education, Warburg Pincus
Funding Date/Amount: 2015/ USD 60 Million
Website: http://www.civitaslearning.com
17) Company name: Hujang.com
About: Hujiang.com is a Shanghai based online education platform.
Found in: 2001
Investors: China Minsheng Investment Group
Funding Date/Amount:2015/ USD 157 Million
Website: http://www.hujiang.com/
18) Company name: Varsity Tutors
About: Varsity Tutors is a live learning platform that connects students with personalized instruction to accelerate academic achievement.
Found in: 2007
Investors: Adam Levine, Stuart Udell, TCV
Funding Date/Amount: 2015/ USD 50 Million
Website: http://www.varsitytutors.com
19) Company name: Coursera
About: Coursera is scaling a global platform to provide universal access to the world’s best education.
Found in: 2012
Investors: EDB Investments, New Enterprise Associates
Funding Date/Amount: 2015/ USD 61.1 Million
Website: http://www.coursera.org
20) Company name: Knewton
About: Knewton is the world’s leading adaptive learning technology provider with the mission of bringing personalized education to the world.
Found in: 2008
Investors: Accel Partners, Kevin Comolli, Simon Levene, Bessemer Venture Partners, Robert Stavis, First Round, FirstMark Capital, Amish Jani, Founders Fund, GSV Capital, Silicon Valley Bank
Funding Date/Amount: 2013/USD 51 Million
Website: http://www.knewton.com
21) Company name: General Assembly
About: General Assembly offers full-time immersive programs that empower individuals to pursue work they love.
Found in: 2011
Investors: Advance Publications
Funding Date/Amount: 2015/ USD 70 Million
Website: http://generalassemb.ly
22) Company name: AltSchool
About: AltSchool is a network of schools with an interdisciplinary team aimed at offering experimental learning.
Found in: 2013
Investors: Adrian Aoun, Daniel Curran, Designer Fund, Emerson Collective, First Round, Flight Ventures, Harrison Metal, John Doerr, Jonathan Scherr, Learn Capital, Omidyar Network, Tusk Ventures, Zuckerberg Education Ventures
Funding Date/Amount: 2015/ USD 100 Million
Website: http://www.altschool.com
23) Company name: Lynda.com
About: lynda.com is an online learning company that provides video tutorials to learn about software, and creative and business skills.
Found in: 1995
Investors: Accel Partners, Spectrum Equity, Meritech Capital Partners
Funding Date/Amount: 2015/ USD 186 Million and 2013/ USD 103 Million
Website: http://www.lynda.com
24) Company name: Kaltura
About: Kaltura is an open-source video platform.
Found in: 2006
Investors: Goldman Sachs
Funding Date/Amount: 2016/ USD 50 Million
Website: http://corp.kaltura.com
Do you know any other edtech company that raised amount this big?
