K-12 EdTech - Tracxn Feed Report - 08 Apr 2022

TRACXN FEED REPORT
K-12 EDTECH
APRIL 08, 2022

Contents
Overview
Funding
Investors
Acquisitions
IPOs
Companies
Unicorns
Business Models
News
Appendix
Feed Report - K-12 EdTech - Apr 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Contents
Overview Summary
Funding Market Map
Investors
Acquisitions
IPOs
Companies
Unicorns
Business Models
News
Appendix
K-12 EdTech - Summary (1/2)
Top Companies Key Stats
Unacademy Classplus
(2015, India, $881M) (2015, India, $158M) 19,057 3,646 $37.5B
LEAD Teachmint Companies Funded Total Funding
(2013, India, $171M) (2020, India, $118M) Companies
PowerSchool BYJU'S
(1997, United St.., $32.0M) (2011, India, $5.0B)
$18.2B 584 46
Blackboard Open English
(1997, United St.., $118M) (2007, United St.., $119M) Funding in last 2 Acquisitions IPOs
years
Scope of Feed Top Geographies by Companies

Total Companies
What is included
All companies that provide courses, resources, games, mobile apps, and interactive India 5418
devices for online learning for school students and teachers. Also, contains adaptive
learning platforms, learning management system, administrative management system, United States 4428
collaborative platforms, smart classroom solutions, and other support...
United Kingdom 1347
What is not included
Marketplace for products such as stationery items, school bags, and books for kids; China 689
Educational loan providers, traditional brick-n-mortar schools, after-school
programs, tutoring agencies; Services companies Australia 536
Unfunded Companies Funded Companies
4 Feed Report - K-12 EdTech - Apr 2022 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
K-12 EdTech - Summary (2/2)
# Companies by Stage Y-o-Y Funding $ Funding by Country
Total Funding: $37.5B
China (43.5%)
Founded 19057 -
United States (24.5%)
Funded 3646 100%
India (21.4%)
Series A+ 561 15% Canada (2.0%)
Austria (1.8%)
Series B+ 283 7%
United Kingdom (1.2%)
Series C+ 163 4%
Indonesia (0.9%)
Series D+ 102 2% Others (4.6%)
$ Funding # Rounds
Top Funding Rounds in last 2y Top Investors Top Exits

Company Round Details Stage Investor # Portfolio Type Company Acq. Price/IPO Mcap
Yuanfudao Techstars 29 Instructure
(2012, China, $4.0B)
$2.2B-Series G Seed (2008, United States, $89.4M)
$2.0B
Y Combinator 28
Stage
BYJU'S StartEd 27 Turnitin
$965M-Series F Acq. (2000, United States)
$1.8B
(2011, India, $5.0B)
NewSchools Venture F.. 14
BYJU'S Early Blackboard
$864M-Series F Owl Ventures 12 (1997, United States, $118M)
$1.6B
(2011, India, $5.0B) Stage
500 Global 10
Zuoyebang Zhangmen
$750M-Series E (2005, China, $873M)
$16.3B
(2014, China, $2.9B) Sequoia Capital 13
Late IPO
BYJU'S Tencent 12 17Zuoye
$501M-Series F Stage $4.9B
(2011, India, $5.0B) Owl Ventures 11 (2011, China, $585M)
Marketmap: HR Tech Sep 2020
Marketmap - K-12 EdTech
STUDENT LEARNING ONLINE SCHOOLS SCHOOL IT Top Business Models in last 1y
Business Model Funding
MATHS LEARNING MANAGEMENT Online K-12 Academic Learning
SYSTEMS $2.8B
Platforms
CODING SCHOOL ADMINISTRATION Online Subscription Based

$666M
K-12 Academic Tutoring
ENGLISH PARENT TEACHER COMMUNICATION School Management Software $435M
Online Courses for Schools $417M

DATA ANALYTICS
ONLINE LEARNING COMMUNITIES
Tutoring Platforms for Schools $381M
CLASSROOM SOLUTIONS
Online Speech Therapy For
$370M
STUDENT ASSESSMENT Autistic Children
TUTOR AND SCHOOL DISCOVERY
PLATFORMS K-12 Learning Gamification $307M
CONTENT MANAGEMENT
Online K-12 Tutoring $267M

VIRTUAL CLASSROOM
E-COMMERCE PLATFORMS Virtual Classroom For Tutors $250M
CLASSROOM TEACHING DEVICES

Online K-12 Chinese Tutoring $162M
*Upcoming Business Model

Contents
Overview
Funding Funding Funnel
Investors Y-o-Y Funding Trends
Acquisitions Funding by Geography
IPOs Y-o-Y Stage wise Funding
Companies Median Round Size by Stage
Unicorns New Entrants to Funded Club
Business Models Funding by Team Background - College wise
News Funding by Team Background - Company wise
Appendix List of Key Funding Rounds
Funding Funnel
# Companies Funding Funnel Moved from Avg. Years from first
Stage
% previous Stage % funding
Founded 19,057 - - -
Funded 3,646 100% 19% -
Series A+ 561 15% 15% 2.3
Series B+ 283 8% 50% 3.2
Series C+ 163 4% 58% 4.1
Series D+ 102 3% 63% 5.5
Y-o-Y Funding Trends
Top Funding Rounds in last 2 years
Company Funding Round
Yuanfudao
(2012, China)
$2.2B - Series G
Zuoyebang
(2014, China)
$1.6B - Series E
BYJU'S
(2011, India)
$965M - Series F
BYJU'S
(2011, India)
$864M - Series F
Zuoyebang
(2014, China)
$750M - Series E
BYJU'S
(2011, India)
$501M - Series F
BYJU'S
(2011, India)
$460M - Series F
Unacademy
(2015, India)
$440M - Series H
Zhangmen
$ Funding (3y) CAGR = +17% (2005, China)
$400M - Series F
Presence Learning
$ Funding (5y) CAGR = +33% (2009, United States)
$350M - Series E
Note: Funding includes only Equity Funding. It excludes Debt, Grant, Post-IPO and ICO funding.
Funding by Geography
Distribution by Country - Total Funding ($) Top Cities by Funding
# Rounds Top Funded Company Beijing $7.1B
China 627 Yuanfudao (4.0B)

Bangalore $6.8B
Age of Learning
United States 1551 Chaoyang $4.3B
(482M)
India 831 BYJU'S (5.0B) Shanghai $2.4B
San Francisco $1.6B

Canada 76 Paper (390M)
New York City $817M

Austria 9 GoStudent (684M)
Los Angeles $742M

United Kingdom 212 Pi-Top (40.4M)
Vienna $685M
Indonesia 27 Ruangguru (205M)
Washington, DC $614M
Singapore 51 LingoAce (180M)

Hangzhou $557M
Note: Funding includes only Equity Funding. It excludes Debt, Grant, Post-IPO and ICO funding.
Y-o-Y Stage-wise Funding Trends
Stage-wise $ Invested Stage-wise Number of Rounds
$2.2B $4.4B $2.6B $11.0B $7.0B $2.1B 352 414 352 366 376 61
Seed Early Stage Late Stage Total Funding Seed Early Stage Late Stage Total Rounds
Note: Seed includes Seed, Angel rounds. Early Stage includes Series A,B rounds. Late Stage includes Series C+, PE, Pre-IPO rounds.
Median Round Size by Stage
Stage Round size - Min, Median, Max (2017-2022) Y-o-Y Median Round Size (2017-2022)
Late Stage $50.7M

$50.0K $2.2B
Series B $16.0M
$71.4K $200M
Series A $5.0M
$125K $80.0M
Seed $700K
$42 $145M
2017 2018 2019 2020 2021 2022 YTD
Note: Seed includes Seed, Angel rounds. Early Stage includes Series A,B rounds. Late Stage includes Series C+, PE, Pre-IPO rounds.
New Entrants to Funded Club
Notable
Companies
LEAD GoGuardian Classplus Teachmint Amplify WISE
(2013, India, $171M) (2014, United States, (2015, India, $158M) (2020, India, $118M) (2012, United States, (2020, India, $5.0M)
$200M) $215M)
Funding by Team Background - College wise
Distribution by Team Background
University of GoStudent 17Zuoye Outschool

Cambridge $684M $585M $240M
Stanford University Outschool Zum isaac

$240M $200M $125M
Massachusetts Answers littleBits Quizlet

Institute of Tec.. $388M $80.1M $62.0M
IIT Bombay Vedantu Teachmint Toppr

$309M $118M $116M
Harvard University Outschool Clever Subject

$240M $43.4M $34.7M
IIT Roorkee Vedantu Classplus Uable

$309M $158M $4.5M
Wonder
IIT Delhi Teachmint Cuemath
$118M
Workshop $69.1M
$80.8M
Stanford Business Zum isaac PlayShifu
School $200M $125M $29.9M
Total Funding
Note: Number in the bracket is the Total Funding raised by the Company
Funding by Team Background - Company wise
Cisco Unacademy Zaya Learning .. Buddy

$881M $600K -
Google Outschool GoGuardian Jiliguala

$240M $200M $100M
Boston Consulting GoStudent Open English Clever

Group $684M $119M $43.4M
Microsoft Duolingo Classplus Knowledgehook

$183M $158M $21.3M
Intel Knowbox Baijiayun Kidaptive

$306M $49.7M $45.0M
McKinsey Teachmint ClassDojo Snapask

$118M $96.1M $50.0M
Wonder
Amazon Outschool Quizizz
$240M
Workshop $47.0M
$80.8M
Zum PlayShifu KiwiCo
eBay
$200M $29.9M $10.1M
Total Funding
Top Funding Rounds in last 24 months (1/2)
Company $ Amount Round Date Investors
Yuanfudao (2012, China, $4.0B) $2.2B Series G Oct 2020 Boyu Capital, Hillhouse Capital Group, Tencent, DCP, +4 more
BYJU'S (2011, India, $5.0B) $965M Series F Mar 2022 Red Spring Innovation Partner, Sasa Partner, Master .., +4 more
BYJU'S (2011, India, $5.0B) $864M Series F Sep 2021 Byjus Time Capital Advisors, GenGlobal Bright, Epic, +12 more
Zuoyebang (2014, China, $2.9B) $750M Series E Jun 2020 Tiantu Capital, Xiang He Capital, Sequoia, Qatar Finan.., +3 more
BYJU'S (2011, India, $5.0B) $501M Series F Sep 2020 Bond Capital, BlackRock, Sands Capital, Alkeon Capital.., +6 more
BYJU'S (2011, India, $5.0B) $460M Series F Mar 2021 Kaizenvest, MIH Ventures, Helion Venture Partners, +7 more
Unacademy (2015, India, $881M) $440M Series H Aug 2021 Dragoneer Investment Group, Tiger Global Management, +7 more
Zhangmen (2005, China, $873M) $400M Series F Oct 2020 SoftBank Vision Fund, IFC Asset Management Company, +1 more
Presence Learni.. (2009, United States, $414M) $350M Series E Dec 2021 The Rise Fund, Spectrum Equity
BYJU'S (2011, India, $5.0B) $340M Series F Jun 2021 phxri.com, Blackstone, ADQ, UBS, Eric S Yuan
GoStudent (2016, Austria, $684M) $340M Series D Jan 2022 Dragoneer Investment Group, Coatue, Left Lane Capital, +4 more
Age of Learning.. (2007, United States, $482M) $300M Series E Jun 2021 Qatar Investment Authority, TPG
Top Funding Rounds in last 24 months (2/2)
Company $ Amount Round Date Investors
Yuanfudao (2012, China, $4.0B) $300M Series G Dec 2020 Yunfeng Capital
Paper (2014, Canada, $390M) $270M Series D Feb 2022 Salesforce, BDC, Bullpen Capital, Red House Education, +5 more
ClassIn (2014, China, $265M) $265M Series C Dec 2020 Hillhouse Capital Group, SIG, Tencent, INCE Capital, +1 more
Wing-Owl Educat.. (2014, China, $280M) $265M Series C Nov 2020 INCE CAPITAL, Gaocheng Capital, SIG, Tencent
GoStudent (2016, Austria, $684M) $244M Series C Jun 2021 DN Capital, Left Lane Capital, Tencent, SoftBank Visio.., +3 more
Amplify (2012, United States, $215M) $215M Series D Nov 2021 Emerson Collective, A, Learn Capital
Meishubao (2014, China, $375M) $210M Series D Dec 2020 SAIF Partners, Winsdom Capital, Fortune Capital, The R..
GoGuardian (2014, United States, $200M) $200M Series B Aug 2021 Tiger Global Management
BYJU'S (2011, India, $5.0B) $200M Series F Nov 2020 BlackRock, T. Rowe Price
Shenzhen Dianma.. (2015, China, $359M) $198M Series D Nov 2020 Baring Private Equity Asia, CMB International, Bank .., +4 more
VIPThink (2018, China, $195M) $180M Series C Sep 2020 Sinovation Ventures, Enlight Growth Partners, Alpha .., +5 more
Unacademy (2015, India, $881M) $154M Series F Sep 2020 Nexus Venture Partners, IIFL Finance, Sequoia Capital, +4 more
View all 138 funding rounds on Tracxn Platform
Contents
Overview
Funding
Investors YoY Investor Trends
Acquisitions Most Active Investors: Accelerators & Incubators
IPOs Most Active Investors: VC - Seed
Companies Most Active Investors: VC - Early
Unicorns Most Active Investors: VC - Late
Business Models Most Active Investors: PE
News
Appendix
Y-o-Y Active Investors
Y-o-Y # of unique Institutional Investors in K-12 EdTech Top Institutional Investors in the last 2 years
Stage Investor name # Rounds in Last 2y1
Y Combinator 20 (▲186%)
Seed Stage AngelList 16 (▲300%)
LetsVenture 10 (▲233%)
Owl Ventures 10 (▲67%)
Early Stage GSV Ventures 10 (▲900%)
Learn Capital 6 (▲500%)
Tiger Global
12 (▲300%)
Management
Late Stage Tencent 10 (▲43%)
Owl Ventures 10 (▲233%)
First-time Investors Existing Investors
Note: First-time investors and Existing Investors are calculated from the available Equity Funding Rounds on Tracxn Platform. 1.The numbers in bracket correspond to the change from previous period.
Most Active Investors: VC - Seed
# Overall # Investments in
# Investor Name Country Notable Investments in Feed*
investments Feed*
1 Investor Location Portfolio count Investments in Feed Notable Investments in Feed
Blackboard ($118M), Rosetta Stone ($62.0M), MEL Science

2 Arc Capital Development United States 157 75
($24.5M)
3 Learn Capital United States 108 43 VIPKID ($976M), Outschool ($240M), Amplify ($215M)
4 Reach Capital United States 81 32 Paper ($390M), Outschool ($240M), Newsela ($173M)
5 GSV Ventures United States 69 28 LEAD ($171M), Class ($164M), Classplus ($158M)
6 Kapor Capital United States 206 26 Newsela ($173M), ClassDojo ($96.1M), NoRedInk ($58.3M)
VIPKID ($976M), 17Zuoye ($585M), Bo Bird Picture Book

7 Zhen Fund China 616 24
($147M)
8 Brand Capital India 539 16 BYJU'S ($5.0B), Toppr ($116M), Stepapp ($29.1M)
Beijing HexFuture Technology ($11.9M), Zhiyue Study Room

9 Blue Elephant Capital China 36 15
($3.5M), Piyingke ($2.5M)
Altitude Learning ($178M), Doubtnut ($49.9M), Tinkergarten
10 Omidyar Network United States 357 13
($28.6M)
Note: *Feed = K-12 EdTech. The number in bracket refers to the total funding raised by the company.
Most Active Investors: VC - Early Stage
investments Feed*
2 Owl Ventures United States 72 30 BYJU'S ($5.0B), Presence Learning ($414M), LingoAce ($180M)
3 Sequoia Capital United States 1702 27 BYJU'S ($5.0B), Zuoyebang ($2.9B), VIPKID ($976M)
4 Rethink United States 94 21 EVERFI ($252M), GoFormative ($70.0M), NoRedInk ($58.3M)
Vedantu ($309M), Altitude Learning ($178M), Doubtnut

5 Imaginable Futures United States 106 20
($49.9M)
6 Sinovation Ventures United States 271 17 VIPKID ($976M), VIPThink ($195M), Xuebajun 1 on 1 ($155M)
7 Tiger Global Management United States 656 14 BYJU'S ($5.0B), Zuoyebang ($2.9B), Unacademy ($881M)
8 Edovate Capital United States 21 14 Paper ($390M), Kiddom ($56.5M), ThinkCERCA ($16.8M)
Newsela ($173M), Illuminate Education ($26.5M), LightSail

9 New Ground Ventures United States 124 13
($25.7M)
BSD Education ($4.0M), Edukasyon.ph ($3.4M), ACKTEC
10 RISE China 562 13
Technologies ($1.0M)
Note: *Feed = K-12 EdTech. The number in bracket refers to the total funding raised by the company. Early Stage refers to Series A and Series B rounds
Most Active Investors: VC - Late Stage
investments Feed*
2 SoftBank Vision Fund United Kingdom 304 8 Zuoyebang ($2.9B), Unacademy ($881M), Zhangmen ($873M)
3 DST Global Russia 154 5 BYJU'S ($5.0B), Yuanfudao ($4.0B), GoStudent ($684M)
Newsela ($173M), Open English ($119M), Varsity Tutors

4 TCV United States 284 4
($107M)
5 Bond Capital United States 83 3 BYJU'S ($5.0B), Outschool ($240M), Duolingo ($183M)
littleBits ($80.1M), littleBits ($59.8M), Kajeet Education

6 DFJ Growth United States 76 3
Broadband ($55.9M)
7 CapitalG United States 68 3 Duolingo ($183M), Cuemath ($69.1M), Renaissance ($40.0M)
8 Sofina Belgium 85 3 BYJU'S ($5.0B), Zhangmen ($873M), Labster ($147M)
9 PSG United States 85 3 DigitalEd ($7.0M), Nepris ($6.5M), SchoolStatus ($4.0M)
10 Vesuvio Ventures United States 30 2 Nearpod ($50.6M), Xennial Digital
Note: *Feed = K-12 EdTech. The number in bracket refers to the total funding raised by the company. Late Stage refers to Series C & beyond rounds.
Most Active Investors: PE
investments Feed*
2 Warburg Pincus United States 393 8 Yuanfudao ($4.0B), Zhangmen ($873M), DaDaABC ($335M)
3 General Atlantic United States 332 7 BYJU'S ($5.0B), Unacademy ($881M), Ruangguru ($205M)
4 Ares Capital Corporation United States 409 6 Raptor Technologies, Excelligence, Turnitin
Schoolnet ($45.5M), PowerSchool ($32.0M), eSpark Learning

5 Quad United States 34 6
($30.7M)
6 The Carlyle Group United States 561 5 Huohua Siwei ($440M), Blackboard ($118M), Jingrui ($70.0M)
7 Saratoga Investment United States 97 5 Destiny Solutions ($11.0M), Modern Campus, LINQ
8 Alpine Investors United States 66 5 Escape Technology, Perennial EdTech, Riverside Assessments
9 HarbourVest Partners United States 311 4 Edmentum, Finalsite, EInstruction
10 W Capital Partners United States 107 4 EVERFI ($252M), Blackboard ($118M), Renaissance ($40.0M)
Most Active Investors: Accelerators & Incubators
investments Feed*
GoStudent ($684M), Nearpod ($50.6M), Education.com

2 StartEd United States 243 86
($38.1M)
Panorama Education ($105M), ClassDojo ($96.1M),
3 Imagine K12 United States 86 64
GoFormative ($70.0M)
4 MassChallenge United States 2554 55 Kickboard ($8.8M), Up Learn ($4.4M), Brilliant ($3.7M)
Outschool ($240M), Panorama Education ($105M), ClassDojo

5 Y Combinator United States 3798 48
($96.1M)
6 Techstars United States 3149 47 Newsela ($173M), Sphero ($132M), ClassWallet ($12.2M)
7 Village Capital United States 886 44 Doubtnut ($49.9M), TRANSFR VR ($12.0M), Kickboard ($8.8M)
8 500 Global United States 1905 42 Descomplica ($115M), Lingokids ($66.0M), Remind ($59.5M)
9 Start-Up Chile Chile 1064 37 Padlet ($1.4M), Edoome ($360K), Tebo ($97.7K)
10 LearnLaunch United States 71 31 ChalkTalk ($10.5M), Unruly Studios ($3.7M), Kaymbu ($3.5M)
Contents
Overview
Funding
Investors
Acquisitions Acquisition Trends
IPOs List of Acquisitions
Companies Most Active Acquirers
Unicorns List of Acquihires
Business Models
News
Appendix
Quick Snapshot - Acquisitions
Key Stats Y-o-Y Acquisition Trends All-time Top Acquisitions
$217M $438M $73.6M $109M $750M Company Acq. Price
584 5.6 Yrs Instructure
$2.0B
(2008, Salt Lake City, $89.4M)
# Total Avg. yrs from first
Acquisitions funding to Acq. Turnitin
$1.8B
(2000, Oakland)
Blackboard
$18.4M $200M (1997, Washington, DC, $1.6B
$118M)
Avg. Funding Avg. Acq. Price Renaissance
raised before Acq. (1986, Wisconsin Rapids, $1.1B
# of Acquisitions Avg. Acquisition Price $40.0M)
SunGard K-12
$850M
Top Investors by # Acq. Exits Acquisitions Distribution by Acq. Price (2002, Bethlehem)
Investor # Acq. Notable Acq. iParadigms

$752M
(1998, Oakland)
NewSchools Nearpod,
23
Venture Fund codeSpark, Master.. EVERFI
Amplify, (2008, Washington, DC, $750M
Learn Capital 15 $252M)
MasteryConnect, E..
Arc Capital Blackboard, Rosetta Nearpod
14 $650M
Development Stone,.. (2012, Hallandale, $50.6M)
Quipper, Freckle, Ex Libris
500 Global 9 $500M
Mystery .. (1986, Jerusalem, $4.0M)
MasteryConnect,
Imagine K12 9
Securly, S..
# of Acquisitions
Back to index
List of Acquisitions (1/2)

Company Acquirer(s) Acq. Date Acq. Price
Giglets ILT Education Mar 2022 NA
(2011, United Kingdom)
Cipafilter Family Zone Mar 2022 NA

(1999, United States)
Lessons For SEL 7 Mindsets Mar 2022 NA

Scolab TC Transcontinental Mar 2022 NA

(2004, Canada)
Sumdog Hej Albert Mar 2022 NA

(1993, United Kingdom, $4M)
Laurel Springs - Mar 2022 NA

Discovery Education - Mar 2022 NA

Don't Memorise Infinity Learn Mar 2022 NA

(2012, India, $256K)
FirstSteps Famly Mar 2022 NA

(1994, United Kingdom)
Education Networks of America Zayo Group Mar 2022 NA

Back to index
List of Acquisitions (2/2)

Company Acquirer(s) Acq. Date Acq. Price
Fedena Practically Mar 2022 NA
(2009, India)
DyKnow Securly Mar 2022 NA

TeachBoost SchoolStatus Mar 2022 NA

(2012, United States, $2M)
Lido Vedantu Feb 2022 NA

(2019, India, $29M)
SkoolStream Bodhi AI Feb 2022 NA

(2020, India)
Solvably PSI Feb 2022 NA

PUPIL Sdui Feb 2022 NA

(2016, Switzerland)
Houghton Mifflin Harcourt Veritas Capital Feb 2022 NA

SchoolMitra Eupheus Feb 2022 NA

(2013, India)
EduQfix Pine Labs Feb 2022 NA

(2015, India)
View all 584 companies on Tracxn Platform
Most Active Acquirers
Average
# Acquirer Country # Acq. Companies Acquired
Acq. Price
1 BYJU'S India 12 $65.0M WhiteHat Jr ($300M), Tynker ($200M), Toppr ($150M), Osmo ($120M) +8 more
2 PowerSchool United States 10 $85.0M SunGard K-12 ($850M), Kickboard, Schoology, Hoonuit +6 more
3 McGraw Hill United States 8 $6.3M Engrade ($50.0M), Achieve3000, Kidaptive, Tegrity +4 more
4 Renaissance United States 7 $92.9M Nearpod ($650M), Freckle, Schoolzilla, Lalilo +3 more
5 Blackboard United States 7 - MyEdu, SchoolwiresCommunity, ParentLink, MyDropBox +3 more
Frontline
6 United States 6 - Hayes Soft, School Improvement Network, Accelify, Esped +2 more
Education
7 Ixl United States 6 - Rosetta Stone, WyzAnt, Education.com, 3P Learning +2 more
8 Chegg United States 5 $34.4M Mathway ($100M), Imagine Easy ($42.0M), WriteLab ($15.0M), Math 42 ($14.8M) +1 more
9 LINQ United States 5 $15.0M Titan School Solutions ($75.0M), Script, Registration Gateway, alio +1 more
Note: Numbers in bracket indicate the Acquisition Price of the company.
Back to index
List of Acqui-hires
Company Acquirer Acq. Date Acq. Price
NextSteps Schoolnet India Feb 2022 NA
(2017, India)
ForClass Time To Know Aug 2016 NA

(2013, Israel)
Xolvr Next Education Aug 2016 NA

(2015, India)
ClassBadges edstart.com Apr 2014 NA

Contents
Overview
Funding
Investors
Acquisitions
IPOs IPO Trends
Companies List of IPOs
Unicorns
Business Models
News
Appendix
Quick Snapshot - IPOs
Key Stats Y-o-Y IPO Trends All-time Top IPOs
$11.1M $86.7M $2.7B $4.7B - Company IPO MCap
46 6.2 Yrs Zhangmen

$16.3B
(2005, Shanghai, $873M)
# Total IPOs Avg. yrs from first
funding to IPO 17Zuoye
$4.9B
(2011, Beijing, $585M)
Duolingo
$1.9B $3.7B
$159M (2011, Pittsburgh, $183M)
Avg. Funding Avg. IPO Mcap PowerSchool

$3.5B
raised before IPO (1997, Folsom, $32.0M)
# of IPOs Avg. IPO MCap
iHuman
$3.1B
(2016, Tianjin)
Top Investors by # IPO Exits IPOs Distribution by IPO Mcap
Ixl
Investor # IPOs Notable IPOs $763M
(1998, San Mateo)
PowerSchool,
Warburg Pincus 3 Ambow Education
Zhangmen, Scie.. $713M
(2000, Beijing, $167M)
K12, 51Talk,
Zhen Fund 3
17Zuoye K12
$490M
51Talk, Zhangmen, (1999, Herndon)
Shunwei Capital 3
17Zuoye
Cluey
Zhangmen, Meten, $106M
Fortune Capital 3 (2017, Sydney, $22.1M)
Talkweb
New Enterprise ReadyTech
2 Duolingo, D2L $86.7M
(1997, Pyrmont)
Associates
# of IPOs
Back to index
List of IPOs (1/2)

Company Investors IPO Date IPO Mcap
Institution for a Global Society University of Tokyo E.., +1 more Dec 2021 $64M
(2010, Japan)
D2L Columbus Nova Technol.., +7 more Nov 2021 -

(1999, Canada, $159M)
Duolingo Franklin Templeton In.., +15 more Jul 2021 $3.7B

PowerSchool Warburg Pincus, Snider .., +4 more Jul 2021 $3.5B

Zhangmen Genesis Capital, IFC As.., +15 more Jun 2021 $16.3B
(2005, China, $873M)
Topicus Constellation Software Feb 2021 -

(1998, Netherlands)
Cluey Allectus Capital, Panga.., +2 more Dec 2020 $106M

(2017, Australia, $14M)
17Zuoye Temasek, CITIC Capital, +6 more Dec 2020 $4.9B

(2011, China, $585M)
iHuman Share Capital Oct 2020 $3.1B

(2016, China)
Kahoot SoftBank Group Corp, +12 more Jun 2020 -

(2012, Norway, $67M)
Back to index
List of IPOs (2/2)

Company Investors IPO Date IPO Mcap
Meten Shenzhen Doug Capital.., +8 more Mar 2020 -
(2006, China, $69M)
i-Scream edu Jul 2019 -

(2013, South Korea)
Genshuixue Banyan Capital, Kai Fu .., +3 more Jun 2019 -

(2014, China, $50M)
ReadyTech Pemba Capital Partners Apr 2019 $87M

(1997, Australia)
Science4you Portugal Ventures Dec 2018 $9M

(2008, Portugal)
ReadCloud Feb 2018 $13M

(2009, Australia)
Surala.jp NTT DOCOMO Ventures, +1 more Dec 2017 $20M

(2008, Japan)
Family Zone Tellus Matrix Group, +2 more Aug 2016 $9M

(2014, Australia)
Promethean World Apax Sep 2015 -

Roborobo Apr 2015 $5M

(2000, South Korea)
Contents
Overview
Funding
Investors
Acquisitions
IPOs Top Companies
Companies Early Stage Editor’s Pick
Unicorns Companies by Geography
Business Models Companies by Team Background - College wise
News Companies by Team Background - Company wise
Appendix Funded Deadpooled Companies
Top Companies
Company Tracxn Score Company Tracxn Score Company Tracxn Score
Unacademy 84.2 Vedantu 76.3 Doubtnut 70.8
(2015, India, $881M) (2011, India, $309M) (2016, India, $49.9M)
LEAD 79.8 ClassDojo 75.4 Instructure 70.5

(2013, India, $171M) (2011, United St.., $96.1M) (2008, United St.., $89.4M)
PowerSchool 78.2 Brainly 74.0 Outschool 70.5

(1997, United St.., $32.0M) (2009, Poland, $165M) (2015, United St.., $240M)
Blackboard 77.2 Rosetta Stone 73.5 Clever 70.1

(1997, United St.., $118M) (1992, United St.., $62.0M) (2012, United St.., $43.4M)
Classplus 77.1 JumpStart 73.4 Cuemath 70.1

(2015, India, $158M) (1991, United St.., $44.4M) (2013, India, $69.1M)
Teachmint 77.1 Quizlet 72.6 GoStudent 70.0

(2020, India, $118M) (2005, United St.., $62.0M) (2016, Austria, $684M)
BYJU'S 77.0 Nearpod 72.2 Duolingo 69.8

(2011, India, $5.0B) (2012, United St.., $50.6M) (2011, United St.., $183M)
Open English 76.7 Renaissance 72.0 codeSpark 69.1

Wonder Workshop 76.5 Toppr 71.6 Lido 69.1

(2012, United St.., $80.8M) (2013, India, $116M) (2019, India, $29.3M)
Kahoot 76.3 Varsity Tutors 71.4 Newsela 68.8

(2012, Norway, $67.3M) (2007, United St.., $107M) (2013, United St.., $173M)
View all 19,057 companies on Tracxn Platform
Note: Tracxn Score is a proprietary score based on various market signals reflecting the company’s size, execution and growth.
Early Stage Editor’s Pick (1/2)
Shikho 63.4 EarlyBird 56.1 1Question 50.8
(2019, Bangladesh, $5.6M) (2020, United St.., $6.0M) (2020, Australia, $1.9M)
Pandai 63.1 Counting Well 55.5 TailorED 50.8

(2019, Malaysia, $2.1M) (2018, India, $1.1M) (2017, Israel, $1.6M)
Questt 60.9 Jeel 55.0 Primer 50.6

(2019, India, $8.1M) (2019, United St.., $1.2M) (2020, United St.., $3.7M)
Uable 60.8 Codingal 54.9 Boddle Learning 50.5

(2019, India, $4.5M) (2020, India, $1.9M) (2018, United St.., $1.4M)
Maqsad 60.5 CuriousJr 54.8 Sdui 50.0

(2021, Pakistan, $2.1M) (2020, India, $1.0M) (2018, Germany)
PiggyRide 59.5 Create & Learn 53.1 Unruly Studios 49.7

(2019, India, $2.9M) (2018, United St.., $1.7M) (2017, United St.., $3.7M)
Vidyakul 58.9 21K School 52.9 QiDZ 49.6

(2017, India, $5.5M) (2020, India, $5.1M) (2017, United Ar.., $1.0M)
Toddle 57.4 Doyobi 52.5 Pay Theory 49.6

(2018, India, $3.0M) (2020, Singapore, $3.8M) (2018, United St.., $2.5M)
Zigazoo 56.6 FlashPrep 51.3 Spark Studio 49.6

(2020, United St.., $4.0M) (2020, India, $1.0M) (2020, India, $125K)
Jodo 56.2 Kohbee 50.8 KidzByte 49.3

(2020, India, $3.8M) (2019, India, $235K) (2018, India, $471K)
Early Stage Editor’s Pick (2/2)
Codeyoung 49.2 Zogo 46.9 Rhithm 45.3
(2020, India, $395K) (2018, United St.., $120K) (2019, United St.., $4.5M)
mote 48.9 Blackboard Radio 46.8 GiantLeap 44.9

(2020, United St.., $2.0M) (2017, India, $1.4M) (2018, United St.., $1.0M)
WeSkill 48.5 Next Skills 360 46.8 Teesas 44.6

(2020, India, $408K) (2020, India) (2020, Nigeria, $1.6M)
Gluu 48.4 Readlee 46.2 HITCH 43.7

(2019, United Ki.., $971K) (2020, United St..) (2018, Canada, $30.0K)
BCDiploma 48.1 Dreamscape 46.0 STEMpedia 43.7

(2017, France, $1.3M) (2019, United St..) (2017, India, $111K)
TagHive 47.4 SupplyWell 46.0 Neekids 43.5

(2017, South Korea, $2.5M) (2017, United Ki.., $481K) (2019, Chile)
TeachFX 47.1 Innovare Social In.. 45.8 Math games 43.5

(2017, United St.., $1.5M) (2017, United St.., $3.0M) (2018, Estonia, $1.5M)
RosieReality 47.1 InSpace 45.8 SiMBi 43.4

(2018, Switzerland, $2.9M) (2020, United St.., $6.0M) (2018, Canada, $460K)
Beereaders 47.0 Kidato 45.6 Little Leap 43.4

(2020, United St.., $3.2M) (2020, Kenya, $1.4M) (2019, India, $401K)
Synthesis 46.9 ROYBI 45.4 Cleverly 43.1

(2020, United St.., $5.0M) (2017, United St.., $4.2M) (2020, Germany, $3.5M)
Companies by Geography
Distribution by Country - Companies founded Top Cities by Companies founded
Total Companies Bangalore 775

India 5418
London 446
United States 4428
Mumbai 432
United Kingdom 1347

Singapore 313
China 689
New York City 297
Australia 536
San Francisco 246
Canada 502 Gurgaon 229
Singapore 317 Beijing 172
France 188 Boston 81
Shanghai 67
Companies by Team Background - College wise
Harvard University Outschool Clever Subject

$240M $43.4M $34.7M
Stanford University Outschool Zum isaac

$240M $200M $125M
Wonder
IIT Delhi Teachmint Cuemath
$118M
Workshop $69.1M
$80.8M
IIT Bombay Vedantu Teachmint Toppr

$309M $118M $116M
University of Kajeet Educati.. Neverware Allovue

Pennsylvania $55.9M $14.2M $13.6M
IIT Kharagpur Next Education PlayShifu SplashLearn

$80.4M $29.9M $25.1M
Harvard Business Mightier uLesson Camp K12

School $29.0M $25.6M $18.9M
University of GoStudent 17Zuoye Outschool

Cambridge $684M $585M $240M
Companies by Team Background - Company wise
Microsoft Duolingo Classplus Knowledgehook

$183M $158M $21.3M
Google Outschool GoGuardian Jiliguala

$240M $200M $100M
McKinsey Teachmint ClassDojo Snapask

$118M $96.1M $50.0M
Wonder
Amazon Outschool Quizizz
$240M
Workshop $47.0M
$80.8M
Intel Knowbox Baijiayun Kidaptive

$306M $49.7M $45.0M
Goldman Sachs isaac MyTutor Knowre

$125M $36.1M $15.1M
Cisco Unacademy Zaya Learning .. Buddy

$881M $600K -
Wonder Workshop Touch Press Piper

Apple
$80.8M $18.4M $9.7M
Funded Deadpooled Companies
Company $ Funding Company $ Funding Company $ Funding
Xuebajun 1 on 1 $155M Classteacher Learning .. $15.0M Uda100 $4.6M
(2013, China) (1999, India) (2014, China)
ConnectEDU $65.1M Firefly $13.0M Yingwuluo $3.6M

(2002, United States) (2005, United Kingdom) (2010, China)
Classba $62.9M Hoop $8.6M NewsCrafted $3.4M

(2014, China) (2014, United Kingdom) (2012, United States)
Xstudy $62.2M Shenzhen Huiyi Educati.. $8.6M Guangzixuexi $3.0M

(2014, China) (2014, China) (2015, China)
Biancm $56.8M Kyt $7.5M Kidthing $3.0M

(2019, China) (2019, India) (2005, United States)
JerrySchool $38.0M Moonshoot $6.6M LearnBoost $2.9M

(2010, China) (2007, United States) (2010, United States)
Yogome $33.5M DecisionDesk $6.5M Beijing Pu Ruiqi Onlin.. $2.8M

(2011, United States) (2010, United States) (2018, China)
Lexuezx $30.0M Zi Tech $5.0M Three Ring $2.8M

(2015, Philippines) (2015, China) (2011, United States)
EduIsFun $28.5M OnChip Power $4.7M Baobei $2.6M

(2014, India) (2019, United States) (2012, China)
KidZui $16.4M Knetwit $4.6M MadRat Games $2.5M

(2006, United States) (2007, United States) (2010, India)
View all 315 Funded Deadpooled companies on Tracxn Platform
Contents
Overview
Funding
Investors
Acquisitions
IPOs Unicorn Trends
Companies List of Unicorns
Unicorns Investors in Unicorns by Stage of Entry
Business Models Top Unicorn Investors by Stage of Entry
News Soonicorn Club - List of Soonicorns
Appendix Soonicorn Club - List of Minicorns
Unicorn Trends
K-12 EdTech
15 3.8 $141M 5.2 8.3
# Total Unicorns Avg Years from Series A Avg $ Funding before Avg # Funding Rounds Avg Institutional Investors
to Unicorn Round Unicorn Round before Unicorn Round before Unicorn Round
Global
1034 4.4 $169M 4.4 7.6
# Total Unicorns Avg Years from Series A Avg $ Funding before Avg # Funding Rounds Avg Institutional Investors
to Unicorn Round Unicorn Round before Unicorn Round before Unicorn Round
Top Seed Stage Investors Top Early Stage Investors Top Late Stage Investors Top Countries
Blume Ventures Sequoia Capital Sequoia Capital China (6)
Y Combinator Union Square Ventures Tiger Global Management United States (5)
Collaborative Fund Owl Ventures Tencent India (3)
Elevar Equity Shunwei Capital Coatue Austria (1)
FundersClub TAL Education Group General Atlantic

+ 19 more + 52 more + 169 more
Note: Investors refers to Institutional Investors only. Top Investors are calculated based on investments before the Unicorn Round.
List of Unicorns (1/2)
Unicorn Time from Series
Company Short Description $ Funding2 # Rounds2 # Investors2
Event Date A (yrs)1
LEAD Provides curriculum to affordable schools along
Jan 2022 3.1 $69M 5 6
(2013, Mumbai, $171M) with other software and services
Vedantu Provider of an online courses and personalized

Sep 2021 6.4 $209M 17 17
(2011, Bangalore, $309M) tutoring platform
GoGuardian AI and cloud-based platform offering school

Aug 2021 3.2 - 1 1
(2014, Los Angeles, $200M) management software
GoStudent Online platform providing tutoring solutions for

Jun 2021 1.0 $100M 5 5
(2016, Vienna, $684M) students
Outschool
Marketplace of online classes for students Apr 2021 1.9 $55M 4 10
(2015, San Francisco, $240M)
Newsela Online platform providing learning content for

Feb 2021 6.4 $73M 6 10
(2013, New York City, $173M) educators
Mobile & SaaS-based platform providing

Unacademy
multi-disciplinary learning & test preparation Sep 2020 3.6 $201M 9 10
(2015, Bangalore, $880M)
solutions
Huohua Siwei Provider of AI-based online learning platform

Aug 2020 - $190M 5 12
(2016, Beijing, $440M) for students
1 - Time taken from First funding to the Unicorn Event Date. 2 - Before Unicorn Round
List of Unicorns (2/2)
Unicorn Time from Series
Company Short Description $ Funding2 # Rounds2 # Investors2
Event Date A (yrs)1
Zuoyebang
App-based homework assistance for students Jun 2020 4.8 $560M 4 13
(2014, Beijing, $2.9B)
Quizlet Online platform providing learning tools and

May 2020 4.4 $32M 3 5
(2005, San Francisco, $62M) flashcards for students
Knowbox Provider of online education platform which

May 2019 3.9 $156M 6 7
(2014, Beijing, $306M) connects students and teachers
Squirrel Ai Learning Provider of AI-based tutoring platform for

Oct 2018 - $44M 1 0
(2014, Shanghai, $194M) students
Qingqing Jiajiao
Discovery platform form offline tutors Oct 2017 3.2 $133M 4 5
(2014, Shanghai, $188M)
VIPKID Online tutoring platform for kids providing

Aug 2017 2.9 $125M 5 7
(2013, Beijing, $975M) language learning sessions
Age of Learning Gamified platform and educational content

May 2016 4.9 $32M 3 0
(2007, Los Angeles, $482M) provider for kids
1 - Time taken from First funding to the Unicorn Event Date. 2 - Before Unicorn Round
Back to List
LEAD
Provides curriculum to affordable schools along with other software and ser...
1.1K
Twitter Followers
3.0M
Mobile Downloads
2013 India $171M $7.1M 1.7K NA 70

Founded Country Funding Annual Revenue Employee Count App Rating News Mentions
Founding Team Top Competitors

Smita Deorah Sumeet Mehta
Co-Founder & COO Co-Founder & CEO
Sparsh, ex-Procter & Gamble, Price Ex-Zee Learn, Procter & Gamble. Punjab Amplify EVERFI Educational In...
Waterhouse Coopers. Narsee Monjee C.. Engineering College 1997, India.. (2012, Brooklyn, $215M) (2008, Washington, DC, $252M) (2001, Ahmedabad, $31M)
Freckle Apex Learning XSEED

(2013, San Francisco, $10M) (1997, Seattle, $17M) (2008, Singapore, $20M)
View all 605 Competitors
Funding Rounds Key News

Jan 2022 $101M Series E WestBridge, GSV Ventures • Jan 2022 - Edtech firm LEAD elevates Ritwik Khare as COO VCCircle
Apr 2021 $30M Series D GSV Ventures, WestBr.. +1 more • Nov 2021 - Edtech firm LEAD appoints ex-Paytm HR head Rohit Thakur as
CHRO People Matters
May 2020 $28M Series C WestBridge, Elevar Equity
• Apr 2021 - Edtech LEAD appoints Ex-Nykaa CHRO People Matters
Oct 2019 $7M Series B Elevar Equity +1 more
• Mar 2021 - Edtech LEAD makes Senior-level Appointments as it Eyes Growth
Dec 2018 $3M Series A Elevar Equity +1 more News Experts
Aug 2017 $2M Seed Elevar Equity +2 more
View all Key News
Back to List
Vedantu
Provider of an online courses and personalized tutoring platform
9.2K
Twitter Followers
30.0K
Mobile Downloads
2011 India $309M $4.3M 4.0K 4 299


Vamsi Krishna Saurabh Saxena
Co-Founder & CEO Co-Founder
Ex- Co-Founder Lakshya Institute. IIT CEO & Founder Uable, ex- Co-Founder Unacademy BYJU'S Toppr
Bombay BTech 2005 Vedantu, Lakshya. IIT Roorkee B.T.. (2015, Bangalore, $880M) (2011, Bangalore, $5.0B) (2013, Mumbai, $116M)
Pulkit Jain Anand Prakash

Co-Founder Co-Founder
Ex-Co-Founder Lakshya Institute, Ex- Co-Founder Lakshya Institute, Abhisek Meritnation Extramarks Oliveboard
Evalueserve,Google,ANALEC . IIT Roork.. Industries. IIT Roorkee BE .. (2007, Delhi, $14M) (2007, Noida, $49M) (2012, Bangalore, $4M)

Feb 2022 $2M Series E Orios Venture Partners • Mar 2022 - Edtech firm Vedantu launches platform for immersive live
learning Business Standard
Sep 2021 $100M Series E ABC World Asia +12 more
• Mar 2022 - Vedantu announces broadcast association with IPL 2022 YourStory
Jul 2021 $206K Angel Media
Jul 2020 $100M Series D Coatue +5 more • Mar 2022 - Nikhil Rungta Joins Vedantu as Chief Growth Officer SMEStreet.in
Apr 2020 $7M Series C KB Investment • Feb 2022 - Vedantu aims to revolutionise edtech sector with heavy focus on
K12 segment YourStory Media
Apr 2020 $13M Series C Legend Capital, Omidyar Network I..
View all 19 Funding Rounds View all Key News
Back to List
GoGuardian
AI and cloud-based platform offering school management software
7.6K
Twitter Followers
NA
Mobile Downloads
2014 United States $200M - 237 NA 30


Aza Steel Todd Mackey
ex-Co-Founder ex-Co-Founder & CCO
Ex-Yahoo. University of California, Los Hermosa Strand Capital, ex-ClassCalc, PowerSchool Brightwheel Kajeet Educati...
Angeles 2013 Specright, GonnaBe. San Diego St.. (1997, Folsom, $32M) (2014, San Francisco, $89M) (2003, Mclean, $56M)
Advait Shinde Tyler Shaddix

Co-Founder & CEO Co-Founder & CIO
UpKeep Maintenance Management, Forbes Technology Council, ex-UC Merced, Next Education Allovue Frontline Educ...
Toucan, Forbes Technology Council, ex-G.. NetFile. University of Califo.. (2007, Hyderabad, $80M) (2013, Baltimore, $14M) (1998, Malvern)

Aug 2021 $200M Series B Tiger Global Management • Mar 2022 - GoGuardian Promotes Kate Beihl to Chief Marketing Officer and
Appoints Harris Goodman to General Manager of Content Business Wire
May 2018 Undis.. Series A Sumeru Equity Partners
• Dec 2021 - GoGuardian Appoints Former Google Executive Jenny Zhao as
Chief Technology Officer Business Wire
• Aug 2021 - GoGuardian Appoints Cyrus Mistry as Chief Product Officer and
Chief Operating Officer Business Wire
• Jul 2021 - GoGuardian Adds Former Qualtrics and Microsoft Executive Julie
Larson-Green to Board of Directors Business Wire
View all Key News
Back to List
GoStudent
Online platform providing tutoring solutions for students
757
Twitter Followers
NA
Mobile Downloads
2016 Austria $684M - NA NA 41


Gregor Muller Ferdinand von Hagen
Co-Founder Co-Founder & CTO
Ex-Founder antihangover box, The Boston Deloitte Switzerland, ex-ProjectTogether, Unacademy BYJU'S Vedantu
Consulting Group. University o.. QAware, Airbus. ETH Zurich B.. (2015, Bangalore, $880M) (2011, Bangalore, $5.0B) (2011, Bangalore, $309M)
Felix Ohswald Felix Ohswald

Ex-BCG. University of Vienna 2013, Edtech Founders Club, ex- BCG. University Toppr Varsity Tutors Lido
University of Cambridge BA 2014, ET.. of Cambridge BA 2014 (2013, Mumbai, $116M) (2007, St. Louis, $107M) (2019, Mumbai, $29M)
View all 5 Founders View all 833 Competitors

Jan 2022 $340M Series D Prosus, Deutsche Tel.. +5 more • Jun 2021 - Vienna’s GoStudent raises $244M at a $1.7B valuation for its
online tutor marketplace TechCrunch
Jun 2021 $244M Series C DST Global, Coatue +5 more
• May 2021 - Austrian edtech startup GoStudent launching its digital tutoring
Mar 2021 $82M Series B Coatue, DN Capital, Left Lane Cap.. service in Russia, Mexico and Canada EU-Startups
Nov 2020 $6M Series A Left Lane Capital, DN Capital • Mar 2021 - Vienna-based GoStudent nabs €70 million to expand its
Jun 2020 $9M Series A Left Lane Capital, DN Capital e-learning platform EU-Startups
Jul 2018 $2M Seed Speedinvest • Jan 2021 - Vienna-based online tutoring startup GoStudent expands to 5
more European countries EU-Startups
Back to List
Outschool
Marketplace of online classes for students
6.3K
Twitter Followers
NA
Mobile Downloads
2015 United States $240M - 84 NA 18


Nick Grandy Mikhail Seregine
Co-Founder Co-Founder
Ex-Clever, Airbnb, Redshift Technologies. Ex- Google, Founder ClayValet, Cuemath Yellow Class PiggyRide
Harvard University 2000, Uni.. Amazon.com. Stanford University BS 2002 (2013, Bangalore, $69M) (2020, Gurgaon, $8M) (2019, Bangalore, $3M)
Amir Nathoo
Co-Founder & CEO
Ex- Co-Founder Trigger, Insight Data PlanetSpark BrightCHAMPS Synthesis
Science, Outschool. University of.. (2017, Gurgaon, $17M) (2020, Bangalore, $63M) (2020, West Hollywood, $5M)

Oct 2021 $110M Series D Tiger Global Management +7 more • Oct 2021 - Non-Traditional Education Provider Outschool Raises $110M at
$3B Valuation EdTechReview
Apr 2021 $75M Series C Coatue, Tiger Global Management
• Oct 2021 - M2P Fintech raises US$35 million from Tiger Global Finextra
Sep 2020 $45M Series B Lightspeed Venture Part.. +5 more
• Sep 2020 - Outschool Raises $45M in Series B Funding FinSMEs
May 2019 $9M Series A Union Square Ventures, Reach Cap..
• May 2019 - Outschool Raises $8.5M in Series A Funding FinSMEs
Jun 2017 $1M Seed Collaborative Fund +5 more
Mar 2016 $120K Seed Y Combinator
View all Key News
Back to List
Newsela
Online platform providing learning content for educators
36.8K
Twitter Followers
300K
Mobile Downloads
2013 United States $173M - NA NA 46


Matthew Gross Dan Cogan-Drew
Ex- Regents Research Fund, Pencil, Ulysses S. Grant Foundation, USA
Submedia, Teach For America. Columb.. Ultimate, Concord Consortium, Fact Ci.. ()

Feb 2021 $100M Series D +6 more • Oct 2021 - Brightcove Promotes Video Interactivity with the Acquisition of
the Best Hapyak Technology in Newsela Business Wire
Mar 2019 $50M Series C TCV
• Feb 2021 - Newsela Announces $100 Million Series D Financing AiThority
Oct 2015 $15M Series B Kleiner Perkins +3 more
• Nov 2020 - Newsela Selects Cloud-Based Verint Community to Expand
Sep 2014 $6M Series A Owl Ventures, Knight Foundation Reach to Educators Nationwide Business Wire
May 2014 $400K Seed • Mar 2019 - Newsela raises $50M to expand a content repository for K-12
Oct 2013 $1M Seed NewSchools Venture Fund +3 more learning that replaces traditional textbooks TechCrunch
Back to List
Unacademy
Mobile & SaaS-based platform providing multi-disciplinary learning & test p...
142K
Twitter Followers
75.8M
Mobile Downloads
2015 India $881M $50.1M 4.5K 5 515


Gaurav Munjal Roman Saini
Ex-Flatchat, Direct, Metacue. NMIMS AIIMS MBBS 2013 BYJU'S Vedantu Toppr
University, Mumbai BE 2012 (2011, Bangalore, $5.0B) (2011, Bangalore, $309M) (2013, Mumbai, $116M)
Hemesh Kumar Singh Sachin Gupta

Co-Founder & CTO Ex-Co-Founder
Ex-Flatchat. Motilal Nehru National Solid, ex- Livspace.com, Cisco Systems. Embibe Extramarks Magoosh
Institute Of Technology BE 2013 Motilal Nehru National Institu.. (2012, Bangalore, $12M) (2007, Noida, $49M) (2008, Berkeley, $500K)

Aug 2021 $440M Series H Mirae Asset, Temasek +4 more • Apr 2022 - Mass layoffs at edtech unicorn Unacademy, months after raising
a $440Mn round TechPortal
Nov 2020 $86M Series F Tiger Global Management +7 more
• Apr 2022 - IndiQube bags USD 30 Million from promoters, WestBridge
Sep 2020 $154M Series F SoftBank Vision Fund +6 more Capital Enablers
Feb 2020 $110M Series E General Atlantic, Face.. +4 more • Mar 2022 - Truecaller Strengthens Leadership Team With New
Jun 2019 $50M Series D Steadview Capital +5 more Appointments Adgully
Mar 2019 $303K Angel • Mar 2022 - Unacademy Lays Off 125 Employees From PrepLadder Team
After Performance Review Inc42
Back to List
Huohua Siwei
Provider of AI-based online learning platform for students
NA
Twitter Followers
NA
Mobile Downloads
2016 China $440M - NA NA 33


Luo Jian Mark Luo
Co-Founder & CEO Founder & CEO
Ex- Avanade - Unacademy BYJU'S Vedantu
(2015, Bangalore, $880M) (2011, Bangalore, $5.0B) (2011, Bangalore, $309M)
Toppr Varsity Tutors GoStudent

(2013, Mumbai, $116M) (2007, St. Louis, $107M) (2016, Vienna, $684M)

Jan 2021 Undis.. Series E Trustbridge Partners, Tencent • Jan 2021 - China math tuition platform adds $150m to Series E Asian Venture
Capital Journal
Oct 2020 $100M Series E Tencent, The Carlyle G.. +1 more
• Jan 2021 - Spark Thinking completes over 400 million US dollars in Series E
Aug 2020 $150M Series E KKR, GGV Capital, Seq.. +3 more financing 36Kr
Apr 2020 $30M Series D Kuaishou, Bytedance • Jan 2021 - Tencent-Backed Huohua Siwei Picks Banks for U.S. IPO
BloombergQuint
Aug 2019 $85M Series D KKR, GGV Capital +6 more
• Oct 2020 - Tencent leads edtech firm Huohua Siwei’s $100m series E2 round
Mar 2019 $40M Series C Longhu Group +6 more Tech in Asia
Back to List
Zuoyebang
App-based homework assistance for students
26
Twitter Followers
NA
Mobile Downloads
2014 China $2.9B - NA NA 51


Hou Jianbin Hu Changjuan
- - Unacademy BYJU'S Vedantu
(2015, Bangalore, $880M) (2011, Bangalore, $5.0B) (2011, Bangalore, $309M)
Toppr Varsity Tutors GoStudent

(2013, Mumbai, $116M) (2007, St. Louis, $107M) (2016, Vienna, $684M)

Sep 2020 $1.6B Series E Alibaba Group +5 more • Jan 2022 - Homework Gang launched the intelligent hardware "Xiaolu
writing pen", black technology to improve children's writing ..PEdaily
Jun 2020 $750M Series E FountainVest Partners +6 more
• Jun 2021 - Alibaba-backed Zuoyebang Slashes Tutoring Sales Staff Caixin Global
Jul 2018 $350M Series D Coatue, Goldman Sachs +6 more
• May 2021 - Apple hires Facebook ads manager, 'Chaos Monkeys' author
Aug 2017 $150M Series C H Capital Advance +5 more Antonio Garcia Martinez AppleInsider
Sep 2016 $60M Series B GGV Capital +3 more • May 2021 - Zuoyebang Launches Paperang Pocket Printer P3 Pro KrASIA
Sep 2015 Undis.. Series A Sequoia Capital, Legend Capital
View all Key News
Back to List
Quizlet
Online platform providing learning tools and flashcards for students
41.8K
Twitter Followers
NA
Mobile Downloads
2005 United States $62.0M - NA NA 54


Matthew Glotzbach Andrew Sutherland
CEO Ex-Founder
Ex- YouTube, Google, Trilogy. Cornell MIT 2011 StuDocu Lecturenotes.in StudyBlue
University BS 1997 (2013, Amsterdam, $51M) (2011, Bhubaneswar, $3M) (2008, San Francisco, $22M)
Studydrive SparkNotes Skuola

(2013, Berlin) (1999, New York City) (2000, Rome)

May 2020 $30M Series C General Atlantic +4 more • Jan 2022 - LinkedIn alum Crystal Braswell joins Quizlet as global comms
head One News Page
Feb 2018 $20M Series B Icon Ventures +4 more
• Dec 2021 - Quiz reports improved results homeofdirectcommerce.com
Dec 2015 $12M Series A Union Square Ventures +3 more
• Mar 2021 - Quizlet Appoints Jessie Woolley-Wilson to Its Board of Directors
Nov 2012 $30K Seed AiThority
• Jan 2021 - Quizlet and TikTok Partner on New Integration Enabling Creators
to Build Engaging, Informative Learning Videos AiThority
View all Key News
Investors in Unicorns by Stage of Entry (1/2)
Company Seed Stage Early Stage Late Stage
LEAD Elevar Equity, The Rise Fund, RFE Investment

GSV Ventures, WestBridge, Good Capital
(2013, Mumbai, $171M) Partners
Vedantu Trifecta Capital, TAL Education Group, Omidyar Coatue, GGV Capital, WestBridge, 360insights,
Great Power, Ranks Technosoft
(2011, Bangalore, $309M) Network In.., +6 more KB Investment, +5 more
GoGuardian
Sumeru Equity Partners
(2014, Los Angeles, $200M)
GoStudent
Speedinvest, Pioneers, VentureOut Coatue, DN Capital, Left Lane Capital
(2016, Vienna, $684M)
Outschool Collaborative Fund, Y Combinator, FundersClub, Lightspeed Venture Partners, Reach Capital,
(2015, San Francisco, $240M) Learn Capital, +2 more Union Square .., +1 more
Newsela NewSchools Venture Fund, Kapor Capital, Womens VC Fund II, Knight Foundation, Owl
TCV
(2013, New York City, $173M) Kaplan Ventures, +5 more Ventures, Kleiner.., +1 more
Unacademy Tracxn Labs, Blume Ventures, WaterBridge, Sequoia Capital, Nexus Venture Partners, General Atlantic, Facebook, Steadview Capital,
(2015, Bangalore, $880M) Morpheus Gang, SAE Elevation ABG Capital
Huohua Siwei Sequoia Capital, Northern Light Venture Capital, Kuaishou, Bytedance, KKR, GGV Capital, Longhu
(2016, Beijing, $440M) IDG, Hike .., +3 more Group
Zuoyebang GGV Capital, Sequoia China, Legend Capital, Coatue, Goldman Sachs, New Enterprise
(2014, Beijing, $2.9B) Xiang He Capital, +1 more Associates, Tiantu Ca.., +4 more
Note: “Investors” includes only those Institutional Investors who have invested before the Unicorn Round.
Investors in Unicorns by Stage of Entry (2/2)
Company Seed Stage Early Stage Late Stage
Quizlet Icon Ventures, Union Square Ventures, Costanoa

(2005, San Francisco, $62M) Venture, +2 more
Knowbox Bertelsmann Asia Investment Fund, TAL

Legend Star Source Code Capital, Yunfeng Capital
(2014, Beijing, $306M) Education Group, +2 more
Squirrel Ai Learning
Tiantu Capital
(2014, Shanghai, $194M)
Qingqing Jiajiao Xueersi, TAL Education Group, Trustbridge

Sequoia Capital, IDG Capital
(2014, Shanghai, $188M) Partners
VIPKID Sinovation Ventures, Learn Capital, Rencent Zhen Fund, Sequoia Capital, Matrix Partners Yunfeng Capital, Bryant Stibel, Alpha Square
(2013, Beijing, $975M) Capital China, Northern.., +4 more Group
Age of Learning
Angel Capital Management
(2007, Los Angeles, $482M)
Note: “Investors” includes only those Institutional Investors who have invested before the Unicorn Round.
Top Unicorn Investors by Stage of Entry
# Unicorn
Investor Seed Stage Early Stage Late Stage Others*
Portfolio
Huohua Siwei, Unacademy, BYJU'S,
Sequoia Capital 7 - Zuoyebang, Qingqing Jiajiao, +2 - -
more
Tiger Global Unacademy, BYJU'S, Zuoyebang,
7 - GoGuardian, Vedantu -
Management Outschool, 17Zuoye
Huohua Siwei, GoStudent,

Tencent 5 - - -
Yuanfudao, BYJU'S, VIPKID
Zuoyebang, Outschool, VIPKID,

Coatue 5 - GoStudent -
Vedantu
Unacademy, BYJU'S, Quizlet,

General Atlantic 4 - - -
Duolingo
GoStudent, Yuanfudao, BYJU'S,

DST Global 4 - - -
17Zuoye
SoftBank Vision GoStudent, Zhangmen,

4 - - -
Fund Unacademy, Zuoyebang
Temasek 3 - - Yuanfudao, Unacademy, 17Zuoye -
GGV Capital 3 - Zuoyebang Huohua Siwei, Vedantu -
Note: “Investors” includes only Institutional Investors who have invested before the Unicorn Round. Others*: Includes investors who have invested in Non Equity rounds or Undisclosed Rounds
Soonicorn Club - List of Soonicorns (1/2)
Classplus 77.1 Lingokids 67.2 Makeblock 63.0
(2015, India, $158M) (2014, United St.., $66.0M) (2011, China, $80.5M)
Teachmint 77.1 Miko 66.9 Presence Learning 62.1

(2020, India, $118M) (2015, India, $51.4M) (2009, United St.., $414M)
Open English 76.7 Kajeet Education B.. 65.6 Niche 62.1

Wonder Workshop 76.5 Ruangguru 65.4 Cialfo 61.9

(2012, United St.., $80.8M) (2014, Indonesia, $205M) (2017, Singapore, $77.0M)
ClassDojo 75.4 Embodied 64.4 BrightBytes 61.9

(2011, United St.., $96.1M) (2016, United St.., $67.0M) (2012, United St.., $52.2M)
Brainly 74.0 Extramarks 64.0 NoRedInk 61.6

(2009, Poland, $165M) (2007, India, $49.1M) (2012, United St.., $58.3M)
Varsity Tutors 71.4 Zum 63.8 Prodigy 61.4

(2007, United St.., $107M) (2014, United St.., $200M) (2011, Canada, $125M)
Doubtnut 70.8 Labster 63.7 Panorama Education 61.2

(2016, India, $49.9M) (2011, United St.., $147M) (2012, United St.., $105M)
Cuemath 70.1 Next Education 63.6 Paper 60.8

(2013, India, $69.1M) (2007, India, $80.4M) (2014, Canada, $390M)
LingoAce 67.6 Matific 63.0 GoFormative 60.7

(2013, Singapore, $180M) (2012, United St.., $57.0M) (2013, United St.., $70.0M)
Note: A Soonicorn is a company which is likely to achieve US $1 billion valuation in the short to medium term. Tracxn Score is a proprietary score based on various market signals reflecting the company’s size, execution and growth.
Soonicorn Club - List of Soonicorns (2/2)
PT Zenius Education 59.6 Remind 53.6 Meishubao 49.4
(2007, Indonesia, $60.0M) (2011, United St.., $59.5M) (2014, China, $375M)
Quizizz 59.6 Compass 53.0 Xiaoyuetong 49.3

(2015, India, $47.0M) (2009, Australia, $41.1M) (2016, China, $139M)
Descomplica 59.4 BrightCHAMPS 53.0 VIPThink 48.8

(2011, Brazil, $115M) (2020, India, $63.0M) (2018, China, $195M)
Mosyle 59.3 ClassIn 52.7 Baijiayun 47.3

(2012, United St.., $51.1M) (2014, China, $265M) (2014, China, $49.7M)
Mathpresso 58.3 Kiddom 52.7 Palfish 46.0

(2015, South Korea, $105M) (2012, United St.., $56.5M) (2015, China, $125M)
TeachersPayTeachers 57.3 DaDaABC 51.1 Huayu 44.6

(2006, United St.., $64.0M) (2013, China, $335M) (2010, China, $52.5M)
Snapask 55.5 atama + 50.7 Neo Bear 43.6

(2015, China, $50.0M) (2017, Japan, $74.3M) (2009, China, $56.0M)
Sphero 55.0 Shenzhen Dianmao T.. 50.3 Connexeo 43.5

(2010, United St.., $132M) (2015, China, $359M) (2018, United St.., $110M)
zSpace 54.2 littleBits 50.1 VIP 43.2

(2007, United St.., $79.1M) (2011, United St.., $59.8M) (2014, China, $165M)
Jiliguala 53.6 Wing-Owl Education 49.9 ePals 42.3

(2014, China, $100M) (2014, China, $280M) (1996, United St.., $77.7M)
Note: A Soonicorn is a company which is likely to achieve US $1 billion valuation in the short to medium term. Tracxn Score is a proprietary score based on various market signals reflecting the company’s size, execution and growth.
Soonicorn Club - List of Minicorns (1/2)
PlayShifu 68.6 Enuma 62.2 uLesson 60.3
(2016, India, $29.9M) (2012, United St.., $17.5M) (2019, Nigeria, $25.6M)
MyTutor 66.8 StudySmarter 61.9 Yellow Class 60.2

(2013, United Ki.., $36.1M) (2017, Germany, $31.0M) (2020, India, $8.4M)
ParentSquare 66.7 Educational Initia.. 61.8 Legends Of Learning 60.2

Practically 66.5 SplashLearn 61.6 XSEED 60.0

(2018, India, $24.0M) (2010, India, $25.1M) (2008, Singapore, $20.0M)
MEL Science 65.7 KiwiCo 61.3 CourseKey 60.0

(2015, United Ki.., $24.5M) (2011, United St.., $10.1M) (2016, United St.., $20.0M)
Texthelp 64.3 Abl Schools 61.2 Showbie 59.8

(1996, United Ki.., $617K) (2015, United St.., $12.0M) (2013, Canada, $16.5M)
Makers Empire 63.2 Famly 60.7 NovaKid 59.6

(2014, Australia, $1.6M) (2013, Denmark, $24.5M) (2018, United St.., $41.4M)
Filo 63.0 Avishkaar 60.7 Apptegy 59.5

Allovue 62.3 Yup 60.5 GoNoodle 59.4

(2013, United St.., $13.6M) (2014, United St.., $23.5M) (2012, United St.., $5.0M)
Classcraft 62.3 Khan Academy 60.4 Abwaab 59.1

(2013, Canada, $13.4M) (2008, United St..) (2019, Jordan, $27.5M)
Note: A Minicorn is a company which is likely to achieve US $1 billion valuation in the medium to long term. Tracxn Score is a proprietary score based on various market signals reflecting the company’s size, execution and growth.
Soonicorn Club - List of Minicorns (2/2)
PlanetSpark 59.0 Uolo 58.4 Elevate K-12 56.8
BetterLesson 59.0 ThingLink 58.4 Camp K12 56.8

(2008, United St.., $24.6M) (2010, United St.., $5.2M) (2010, India, $18.9M)
Edukasyon.ph 58.9 Stepapp 58.2 Collpoll 56.5

(2015, Philippines, $3.4M) (2015, India, $29.1M) (2013, India, $3.5M)
Knowledge Platform 58.9 Edsby 58.2 digiSchool.com 56.5

(2000, Singapore, $5.0M) (2010, Canada, $6.0M) (2005, France, $19.7M)
Tonara 58.9 Winuall 58.2 Sawyer 55.7

(2008, Israel, $9.8M) (2015, India, $2.1M) (2015, United St.., $18.5M)
ClassTag 58.8 Tinkergarten 58.2 Mrs Wordsmith 55.5

(2014, United St.., $7.1M) (2014, United St.., $28.6M) (2015, United Ki.., $14.5M)
Mightier 58.8 WISE 57.6 Desmos 55.5

Juni Learning 58.6 Knowledgehook 57.5 Chrysalis 55.3

(2017, United St.., $11.4M) (2014, United St.., $21.3M) (2002, India, $3.7M)
Geniebook 58.5 LearnPlatform 57.3 Smartivity 55.3

(2015, Singapore, $18.0M) (2014, United St.., $10.3M) (2015, India, $5.6M)
Tutorful 58.4 Third Space Learning 57.2 Akudo 55.2

(2015, United Ki.., $10.8M) (2013, United Ki.., $10.1M) (2020, India, $4.2M)
Note: A Minicorn is a company which is likely to achieve US $1 billion valuation in the medium to long term. Tracxn Score is a proprietary score based on various market signals reflecting the company’s size, execution and growth.
Contents
Overview
Funding
Investors
Acquisitions
IPOs
Companies
Unicorns
Business Models Marketmap
News Top Funded Business Models
Appendix Taxonomy
Marketmap: HR Tech Sep 2020
Marketmap - K-12 EdTech
STUDENT LEARNING ONLINE SCHOOLS SCHOOL IT Factsheet
Overview
Companies 19057
MATHS LEARNING MANAGEMENT Funded 3646 Series A+ 561
SYSTEMS Funding $37.5B Last 2 yrs $18.2B
Most Active Investors

CODING SCHOOL ADMINISTRATION VC - Seed Arc Capital De.. (75)
VC - Early Owl Ventures (30)
VC - Late SoftBank Visio.. (8)
ENGLISH PARENT TEACHER COMMUNICATION PE
Incubators StartEd (86)
DATA ANALYTICS Exits

ONLINE LEARNING COMMUNITIES IPOs 46 Institution for..
Acquisitions 584 Giglets, Cipafi..
Top Acquirers byjus.com, powe..
CLASSROOM SOLUTIONS
Feed in Numbers
STUDENT ASSESSMENT Unicorns 15 Soonicorns 60
TUTOR AND SCHOOL DISCOVERY Minicorns 268 Editor Picks 1541
PLATFORMS Acquihired 4 Deadpooled 1769
CONTENT MANAGEMENT
Top Companies
Unacademy (2015, India, $881M)
LEAD (2013, India, $171M)
VIRTUAL CLASSROOM
PowerSchool (1997, United St.., $32.0M)
E-COMMERCE PLATFORMS
Top Cities
CLASSROOM TEACHING DEVICES Beijing 172 Cos $7.1B
Bangalore 776 Cos $6.8B
*Upcoming Business Model

Top Funded Business Models - last 1 year (1/2)
Rank Business Model $ Funding # Rounds Top Funding Round Details
BYJU'S (2011, India)
1 ▲2 Online K-12 Academic Learning Platforms $2.8B 9
$965M - Series F
Link
GoStudent (2016, Austria)

2 ▼1 Online Subscription Based K-12 Academic Tutoring $666M 5
$340M - Series D
Link
GoGuardian (2014, United States)

3 ▲10 School Management Software $435M 25
$200M - Series B
Link
Amplify (2012, United States)

4 ▲13 Online Courses for Schools $417M 15
$215M - Series D
Link
Paper (2014, Canada)

5 ▲27 Tutoring Platforms for Schools $381M 4
$270M - Series D
Link
Presence Learn.. (2009, United States)

6 ▲15 Online Speech Therapy For Autistic Children $370M 3
$350M - Series E
Link
Age of Learning (2007, United States)

7 ▲18 K-12 Learning Gamification $307M 6
$300M - Series E
Link
Outschool (2015, United States)

8 ▲2 Online K-12 Tutoring $267M 16
$110M - Series D
Link
Teachmint (2020, India)

9 ▲14 Virtual Classroom For Tutors $250M 6
$78.0M - Series B
Link
LingoAce (2013, Singapore)

10 ▲12 Online K-12 Chinese Tutoring $162M 4
$105M - Series C
Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Top Funded Business Models - last 1 year (2/2)
Rank Business Model $ Funding # Rounds Top Funding Round Details
Class (2020, United States)
11 ▼6 Virtual Classroom Solutions $122M 5
$105M - Series B
Link
GoFormative (2013, United States)

12 ▲6 K-12 Student Assessment Tools $82.2M 7
$70.0M - Series A
Link
GoStudent (2016, Austria)

13 ▼9 Online K-12 Academic Tutoring $68.6M 18
$340M - Series D
Link
Mathpresso (2015, South Korea)

14 ▲10 Virtual K-12 Math Tutoring Platform $65.6M 6
$50.0M - Series C
Link
Panorama Educa.. (2012, United States)

15 ▲22 School Data Analytics $63.0M 4
$60.0M - Series C
Link
PT Zenius Educ.. (2007, Indonesia)

16 ▼7 Online K-12 Academic Courses $57.2M 15
$40.0M - Series B
Link
CYPHER LEARNING (2015, United States)

17 ▼11 School Learning Management System $48.2M 3
$40.0M - PE
Link
Labster (2011, United States)

18 ▼6 Virtual School Laboratories $47.0M 1
$47.0M - Series C
Link
Kiddom (2012, United States)

19 ▲12 School Content Management System $35.0M 4
$35.0M - Series C
Link
Camp K12 (2010, India)

20 ▲13 Online Kids Coding Tutoring $28.6M 9
$12.9M - Series A
Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Back to index
Online K-12 Academic Learning $2.8B (▲61.4%)

01 Platforms $ Invested in last 1 year
Unacademy BYJU'S Vedantu 9 (▼40%)

(2015, India, $881M) (2011, India, $5.0B) (2011, India, $309M) # Funding Rounds in last 1 year
Key Stats Recent Funding Rounds Taxonomy
BYJU'S (2011, India) K-12 EdTech (LEAD)

125 18 $965M - Series F - Mar 2022 (# Cos: 19057 | $37.5B)
Companies Funded Companies BYJU'S (2011, India) B2C Learning Solutions (Open English)
$864M - Series F - Sep 2021 (# Cos: 6769 | $23.5B)
Unacademy (2015, India) School Curriculum (Vedantu)

$6.4B 4 $440M - Series H - Aug 2021 (# Cos: 3770 | $19.2B)
Total $ Invested Soonicorn Club BYJU'S (2011, India) Multi Subject (BYJU'S)
$340M - Series F - Jun 2021 (# Cos: 3110 | $18.7B)
Vedantu (2011, India) Horizontal (Unacademy)
$100M - Series E - Sep 2021 (# Cos: 125 | $6.4B)
- 1 BYJU'S (2011, India)
IPOs Acquisitions
$50.0M - Series F - Jun 2021
Vedantu (2011, India)
$2.0M - Series E - Feb 2022
View all 9 Funding Rounds on Tracxn Platform
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Back to index
Online Subscription Based K-12 $666M (▼74.4%)

02 Academic Tutoring $ Invested in last 1 year
GoStudent Ruangguru Cluey 5 (▼54.5%)

(2016, Austria, $684M) (2014, Indonesia, $205M) (2017, Australia, $22.1M) # Funding Rounds in last 1 year
GoStudent (2016, Austria) K-12 EdTech (LEAD)

100 25 $340M - Series D - Jan 2022 (# Cos: 19057 | $37.5B)
Companies Funded Companies GoStudent (2016, Austria) B2C Learning Solutions (Open English)
$244M - Series C - Jun 2021 (# Cos: 6769 | $23.5B)
Ruangguru (2014, Indonesia) School Curriculum (BYJU'S)

$5.1B 4 $55.0M - Series C - Apr 2021 (# Cos: 3770 | $19.2B)
Total $ Invested Soonicorn Club CoLearn (2019, Indonesia) Multi Subject (Unacademy)
$17.0M - Series A - Jan 2022 (# Cos: 3110 | $18.7B)
CoLearn (2019, Indonesia) Online Tutoring (Varsity Tutors)
$10.0M - Series A - Apr 2021 (# Cos: 719 | $10.7B)
1 2
IPOs Acquisitions Subscription (GoStudent)
(# Cos: 100 | $5.1B)
Back to index
$435M (▲734%)
03 School Management Software $ Invested in last 1 year
GoGuardian Next Education Frontline Education 25 (▲13.6%)

(2014, United States, $200M) (2007, India, $80.4M) (1998, United States) # Funding Rounds in last 1 year
GoGuardian (2014, United States) K-12 EdTech (Unacademy)

3735 313 $200M - Series B - Aug 2021 (# Cos: 19057 | $37.5B)
Companies Funded Companies Xiaoyuetong (2016, China) School IT (PowerSchool)

$120M - Series D - Jun 2021 (# Cos: 6281 | $3.8B)
Cialfo (2017, Singapore)
Suite (GoGuardian)
$1.5B 24 $40.0M - Series B - Jan 2022
(# Cos: 3735 | $1.5B)
Total $ Invested Soonicorn Club Cialfo (2017, Singapore)
$20.0M - Series B - Mar 2022
Famly (2013, Denmark)
$18.0M - Series A - Nov 2021
4 102 Coursedog (2017, United States)
IPOs Acquisitions
$17.0M - Series A - Sep 2021
Gredu (2016, Indonesia)
$4.0M - Series A - Jul 2021
Back to index
$417M (▲932%)
04 Online Courses for Schools $ Invested in last 1 year
LEAD Amplify EVERFI 15 (▲7.1%)

(2013, India, $171M) (2012, United States, $215M) (2008, United States, $252M) # Funding Rounds in last 1 year
Amplify (2012, United States) K-12 EdTech (Unacademy)

605 210 $215M - Series D - Nov 2021 (# Cos: 19057 | $37.5B)
Companies Funded Companies LEAD (2013, India) B2B2C Learning Solutions (Wonder Workshop)
$102M - Series E - Jan 2022 (# Cos: 1596 | $5.4B)
atama + (2017, Japan) School Curriculum (Nearpod)

$2.1B 26 $45.3M - Series B - Jul 2021 (# Cos: 1126 | $4.5B)
Total $ Invested Soonicorn Club LEAD (2013, India) Multi Subject (JumpStart)
$30.0M - Series D - Apr 2021 (# Cos: 1003 | $4.0B)
Atom Learning (2017, United Kingdom) Online Courses (LEAD)
$25.0M - Series A - Dec 2021 (# Cos: 605 | $2.1B)
6 49 eSpark Learning (2010, United States)
IPOs Acquisitions
$25.0M - Series C - Jan 2022
Kognity (2012, Sweden)
$20.0M - Series B - Jun 2021
Back to index
$381M (▲3890%)
05 Tutoring Platforms for Schools $ Invested in last 1 year
Paper Elevate K-12 Knowbox 4 (▲300%)

(2014, Canada, $390M) (2015, United States, $14.5M) (2014, China, $306M) # Funding Rounds in last 1 year
Paper (2014, Canada) K-12 EdTech (Unacademy)

32 11 $270M - Series D - Feb 2022 (# Cos: 19057 | $37.5B)
Companies Funded Companies Paper (2014, Canada) B2B2C Learning Solutions (Wonder Workshop)
Tutored by Te.. (2019, United States) School Curriculum (JumpStart)

$722M 4 $10.0M - Series A - Feb 2022 (# Cos: 1126 | $4.5B)
Total $ Invested Soonicorn Club Memby (2020, Lithuania) Multi Subject (LEAD)
$1.0M - Seed - Aug 2021 (# Cos: 1003 | $4.0B)
Online Tutoring (Paper)

(# Cos: 32 | $722M)
- 1
IPOs Acquisitions
Back to index
Online Speech Therapy For Autistic $370M (▲1270%)

06 Children $ Invested in last 1 year
Presence Learning Expressable Rethink 3 (▲50%)

(2009, United States, $414M) (2019, United States, $20.4M) (2007, United States, $16.9M) # Funding Rounds in last 1 year
Presence Lear.. (2009, United States) K-12 EdTech (Unacademy)

55 22 $350M - Series E - Dec 2021 (# Cos: 19057 | $37.5B)
Companies Funded Companies Expressable (2019, United States) Assistive Tech for Differently Abled Students
$15.0M - Series A - Feb 2022 (EarlyBird)
(# Cos: 274 | $533M)
Expressable (2019, United States)
Autism (Expressable)
$458M 3 $5.4M - Seed - May 2021
(# Cos: 165 | $491M)
Total $ Invested Soonicorn Club
Online Speech Therapy (Presence
Learning)
(# Cos: 55 | $458M)
- 1
IPOs Acquisitions
Back to index
$307M (▲1778%)
07 K-12 Learning Gamification $ Invested in last 1 year
Pandai Enuma Sumdog 6 (▼25%)

(2019, Malaysia, $2.1M) (2012, United States, $17.5M) (1993, United Kingdom, $3.7M) # Funding Rounds in last 1 year
Age of Learning (2007, United States) K-12 EdTech (LEAD)

698 154 $300M - Series E - Jun 2021 (# Cos: 19057 | $37.5B)
Companies Funded Companies Zigazoo (2020, United States) B2C Learning Solutions (Open English)
$4.0M - Seed - Apr 2021 (# Cos: 6769 | $23.5B)
Pandai (2019, Malaysia) School Curriculum (BYJU'S)

$744M 12 $2.0M - Seed - Jan 2022 (# Cos: 3770 | $19.2B)
Total $ Invested Soonicorn Club Jeel (2019, United States) Multi Subject (Unacademy)
$1.2M - Seed - Jul 2021 (# Cos: 3110 | $18.7B)
Pandai (2019, Malaysia) Activity Based Learning (Quizlet)
$125K - Seed - Sep 2021 (# Cos: 1136 | $1.0B)
2 15 Bamboo Learning (2005, United States)
IPOs Acquisitions Games (Pandai)
Undisclosed - Seed - Dec 2021 (# Cos: 698 | $744M)
Back to index
$267M (▲99.8%)
08 Online K-12 Tutoring $ Invested in last 1 year
Outschool Cuemath Yellow Class 16 (▼15.8%)

(2015, United States, $240M) (2013, India, $69.1M) (2020, India, $8.4M) # Funding Rounds in last 1 year
Outschool (2015, United States) K-12 EdTech (LEAD)

592 50 $110M - Series D - Oct 2021 (# Cos: 19057 | $37.5B)
Companies Funded Companies Outschool (2015, United States) B2C Learning Solutions (Unacademy)
$75.0M - Series C - Apr 2021 (# Cos: 6769 | $23.5B)
BrightCHAMPS (2020, India)
Diversified (Cuemath)
$455M 6 $51.0M - Series C - Nov 2021
(# Cos: 1206 | $515M)
Total $ Invested Soonicorn Club PlanetSpark (2017, India)
$13.5M - Series B - Nov 2021 Online Tutoring (Outschool)
(# Cos: 592 | $455M)
Yellow Class (2020, India)
$6.5M - Series A - Aug 2021
- 2 Synthesis (2020, United States)
IPOs Acquisitions
$5.0M - Series A - May 2021
Marathon Education (2021, Vietnam)
$1.5M - Seed - Aug 2021
Back to index
$250M (▲845%)
09 Virtual Classroom For Tutors $ Invested in last 1 year
Classplus Teachmint Winuall 6 (▼45.5%)

(2015, India, $158M) (2020, India, $118M) (2015, India, $2.1M) # Funding Rounds in last 1 year
Teachmint (2020, India) K-12 EdTech (Unacademy)

23 7 $78.0M - Series B - Oct 2021 (# Cos: 19057 | $37.5B)
Companies Funded Companies Classplus (2015, India) Business Management Software for Tutors
$70.0M - Series D - Mar 2022 (Teachmint)
(# Cos: 129 | $286M)
Classplus (2015, India)
Virtual Classroom (Classplus)
$281M 3 $65.0M - Series C - Jun 2021
(# Cos: 23 | $281M)
Total $ Invested Soonicorn Club Teachmint (2020, India)
$20.0M - Series A - Jul 2021
Teachmint (2020, India)
$16.5M - Series A - Apr 2021
- 1 Edmingle (2016, India)
IPOs Acquisitions
$300K - Seed - Jun 2021
Back to index
$162M (▲501%)
10 Online K-12 Chinese Tutoring $ Invested in last 1 year
LingoAce He Xiaoxiang TutorMandarin 4 (▼20%)

(2013, Singapore, $180M) (2017, China, $28.2M) (2016, Taiwan) # Funding Rounds in last 1 year
LingoAce (2013, Singapore) K-12 EdTech (LEAD)

46 10 $105M - Series C - Dec 2021 (# Cos: 19057 | $37.5B)
Companies Funded Companies LingoAce (2013, Singapore) B2C Learning Solutions (Unacademy)
$55.0M - Series B - Oct 2021 (# Cos: 6769 | $23.5B)
T-Lab (2020, Singapore) Language Learning (Open English)

$224M 3 $1.6M - Seed - Sep 2021 (# Cos: 648 | $2.8B)
Total $ Invested Soonicorn Club Huan Chuang Technology (2015, China) Chinese (He Xiaoxiang)
Undisclosed - Series B - Apr 2021 (# Cos: 55 | $224M)
Online Tutoring (LingoAce)

(# Cos: 46 | $224M)
- -
IPOs Acquisitions
Back to index
$122M (▼65.5%)
11 Virtual Classroom Solutions $ Invested in last 1 year
Class WISE Impartus 5 (▼58.3%)

(2020, United States, $164M) (2020, India, $5.0M) (2013, India, $5.4M) # Funding Rounds in last 1 year
Class (2020, United States) K-12 EdTech (Unacademy)

109 18 $105M - Series B - Jul 2021 (# Cos: 19057 | $37.5B)
Companies Funded Companies Class (2020, United States) Tech for Teachers (Kahoot)
WISE (2020, India)
Virtual Classroom (Class)
$503M 4 $5.0M - Series A - Jan 2022
(# Cos: 109 | $503M)
Total $ Invested Soonicorn Club InSpace (2020, United States)
Undisclosed - Seed - Jun 2021
Baijiayun (2014, China)
Undisclosed - Series C - Jul 2021
- 2
IPOs Acquisitions
Back to index
$82.2M (▲116%)
12 K-12 Student Assessment Tools $ Invested in last 1 year
Renaissance Quipper MasteryConnect 7 (▼65%)

(1986, United States, $40.0M) (2010, Indonesia, $10.0M) (2009, United States, $33.9M) # Funding Rounds in last 1 year
GoFormative (2013, United States) K-12 EdTech (Unacademy)

628 170 $70.0M - Series A - Jun 2021 (# Cos: 19057 | $37.5B)
Companies Funded Companies Questt (2019, India) Tech for Teachers (Kahoot)
$6.8M - Series A - Oct 2021 (# Cos: 1808 | $1.6B)
Dugga (2015, Sweden)
Student Assessment (Renaissance)
$595M 9 $5.1M - Series A - Apr 2021
(# Cos: 628 | $595M)
Total $ Invested Soonicorn Club Thrive (2019, Bangladesh)
$180K - Seed - Apr 2021
Edustack (2020, India)
$125K - Seed - Feb 2022
- 38 Inspera (1999, Norway)
IPOs Acquisitions
Undisclosed - PE - Sep 2021
Renaissance (1986, United States)
Undisclosed - Series D - Nov 2021
Back to index
$68.6M (▼90.4%)
13 Online K-12 Academic Tutoring $ Invested in last 1 year
Varsity Tutors Doubtnut GoStudent 18 (▼33.3%)

(2007, United States, $107M) (2016, India, $49.9M) (2016, Austria, $684M) # Funding Rounds in last 1 year
GoStudent (2016, Austria) K-12 EdTech (LEAD)

719 146 $340M - Series D - Jan 2022 (# Cos: 19057 | $37.5B)
Companies Funded Companies GoStudent (2016, Austria) B2C Learning Solutions (Open English)
Ruangguru (2014, Indonesia) School Curriculum (BYJU'S)

$10.7B 23 $55.0M - Series C - Apr 2021 (# Cos: 3770 | $19.2B)
Total $ Invested Soonicorn Club Filo (2020, India) Multi Subject (Unacademy)
$23.0M - Series A - Mar 2022 (# Cos: 3110 | $18.7B)
MyTutor (2013, United Kingdom) Online Tutoring (Varsity Tutors)
$20.7M - Series B - Sep 2021 (# Cos: 719 | $10.7B)
3 15 CoLearn (2019, Indonesia)
IPOs Acquisitions
$17.0M - Series A - Jan 2022
iTutor (2002, United States)
$12.2M - Series B - Mar 2022
Back to index
$65.6M (▲177%)
14 Virtual K-12 Math Tutoring Platform $ Invested in last 1 year
Symbolab Mathpresso Desmos 6 (▲200%)

(2011, Israel, $500K) (2015, South Korea, $105M) (2011, United States, $5.8M) # Funding Rounds in last 1 year
Mathpresso (2015, South Korea) K-12 EdTech (LEAD)

73 20 $50.0M - Series C - Jun 2021 (# Cos: 19057 | $37.5B)
Companies Funded Companies ByteLearn (2020, India) B2C Learning Solutions (BYJU'S)
$9.5M - Seed - Dec 2021 (# Cos: 6769 | $23.5B)
ByteLearn (2020, India) School Curriculum (Unacademy)

$158M 4 $2.5M - Seed - Aug 2021 (# Cos: 3770 | $19.2B)
Total $ Invested Soonicorn Club CLEVAI (2020, Singapore) Math (Mathpresso)

$2.1M - Seed - Sep 2021 (# Cos: 609 | $422M)
Beijing Youyou Growth.. (2020, China) Online Tutoring (Yup)
$1.5M - Angel - Apr 2021 (# Cos: 200 | $395M)
- 3 Mathpresso (2015, South Korea)
IPOs Acquisitions Virtual Tutor (Symbolab)
Undisclosed - Series C - Nov 2021 (# Cos: 73 | $158M)
Back to index
$63.0M (▲7356%)
15 School Data Analytics $ Invested in last 1 year
PowerSchool Kidaptive BrightBytes 4 ( <> 0% )

(1997, United States, $32.0M) (2012, United States, $45.0M) (2012, United States, $52.2M) # Funding Rounds in last 1 year
Panorama Educ.. (2012, United States) K-12 EdTech (Unacademy)

169 57 $60.0M - Series C - Sep 2021 (# Cos: 19057 | $37.5B)
Companies Funded Companies Innovare Soci.. (2017, United States) School IT (Blackboard)
$3.0M - Seed - Aug 2021 (# Cos: 6281 | $3.8B)
SchoolStatus (2012, United States)
Data Analytics (PowerSchool)
$316M 4 Undisclosed - Seed - Jul 2021
(# Cos: 169 | $316M)
Total $ Invested Soonicorn Club Innovare Soci.. (2017, United States)
Undisclosed - Seed - Jun 2021
1 23
IPOs Acquisitions
Back to index
$57.2M (▼60.1%)
16 Online K-12 Academic Courses $ Invested in last 1 year
Shikho Brilliant Khan Academy 15 (▼21.1%)

(2019, Bangladesh, $5.6M) (2012, United States, $3.7M) (2008, United States) # Funding Rounds in last 1 year
PT Zenius Education (2007, Indonesia) K-12 EdTech (LEAD)

1130 200 $40.0M - Series B - Mar 2022 (# Cos: 19057 | $37.5B)
Companies Funded Companies Subject (2020, United States) B2C Learning Solutions (Open English)
$29.4M - Series A - Mar 2022 (# Cos: 6769 | $23.5B)
Abwaab (2019, Jordan) School Curriculum (BYJU'S)

$670M 19 $20.0M - Series A - Nov 2021 (# Cos: 3770 | $19.2B)
Total $ Invested Soonicorn Club uLesson (2019, Nigeria) Multi Subject (Unacademy)
$15.0M - Series B - Dec 2021 (# Cos: 3110 | $18.7B)
90+ My Tuition App (2018, India) Online Courses (Shikho)
$5.0M - Series A - May 2021 (# Cos: 1130 | $670M)
2 22 Vidyakul (2017, India)
IPOs Acquisitions
$4.2M - Seed - Sep 2021
Shikho (2019, Bangladesh)
$4.0M - Seed - Mar 2022
Back to index
$48.2M (▼82.4%)
17 School Learning Management System $ Invested in last 1 year
Blackboard Instructure D2L 3 (▼70%)

(1997, United States, $118M) (2008, United States, $89.4M) (1999, Canada, $159M) # Funding Rounds in last 1 year
CYPHER LEARNING (2015, United States) K-12 EdTech (Unacademy)

598 106 $40.0M - PE - Jun 2021 (# Cos: 19057 | $37.5B)
Companies Funded Companies Beijing HexFuture Tec.. (2016, China) School IT (PowerSchool)
Pupilfirst (2011, India)
Learning Management System
$942M 12 $548K - Seed - Jun 2021
(Blackboard)
Total $ Invested Soonicorn Club (# Cos: 598 | $942M)
6 33
IPOs Acquisitions
Back to index
$47.0M (▼31.9%)
18 Virtual School Laboratories $ Invested in last 1 year
Labster Lab4U BlocksCAD 1 (▼50%)

(2011, United States, $147M) (2013, Chile) (2017, United States) # Funding Rounds in last 1 year
Labster (2011, United States) K-12 EdTech (Unacademy)

27 14 $47.0M - Series C - Apr 2022 (# Cos: 19057 | $37.5B)
Companies Funded Companies B2B2C Learning Solutions (Wonder Workshop)

(# Cos: 1596 | $5.4B)
School Curriculum (Nearpod)

$150M 1 (# Cos: 1126 | $4.5B)
Total $ Invested Soonicorn Club Multi Subject (LEAD)

(# Cos: 1003 | $4.0B)
Activity Based Learning (JumpStart)

(# Cos: 358 | $1.1B)
- 2
IPOs Acquisitions Virtual Labs (Labster)
(# Cos: 27 | $150M)
Back to index
$35.0M (▲250%)
19 School Content Management System $ Invested in last 1 year
Kahoot Classcraft GoNoodle 4 (▼33.3%)

(2012, Norway, $67.3M) (2013, Canada, $13.4M) (2012, United States, $5.0M) # Funding Rounds in last 1 year
Kiddom (2012, United States) K-12 EdTech (Unacademy)

425 116 $35.0M - Series C - Aug 2021 (# Cos: 19057 | $37.5B)
Companies Funded Companies Math games (2018, Estonia) Tech for Teachers (Renaissance)
$1.0M - Seed - Aug 2021 (# Cos: 1808 | $1.6B)
Classavo (2016, United States)
Content Management (Kahoot)
$225M 6 Undisclosed - Seed - Jul 2021
(# Cos: 425 | $225M)
Total $ Invested Soonicorn Club QuizCo (2018, Germany)
Undisclosed - Seed - May 2021
2 17
IPOs Acquisitions
Back to index
$28.6M (▲421%)
20 Online Kids Coding Tutoring $ Invested in last 1 year
WhiteHat Jr Camp K12 Codingal 9 (▼10%)

(2018, India, $11.3M) (2010, India, $18.9M) (2020, India, $1.9M) # Funding Rounds in last 1 year
Camp K12 (2010, India) K-12 EdTech (LEAD)

285 28 $12.9M - Series A - Aug 2021 (# Cos: 19057 | $37.5B)
Companies Funded Companies Kodland (2018, Russia) B2C Learning Solutions (Unacademy)
$9.0M - Series A - Jan 2022 (# Cos: 6769 | $23.5B)
Camp K12 (2010, India)
Coding (codeSpark)
$167M 5 $2.0M - Seed - May 2021
(# Cos: 517 | $225M)
Total $ Invested Soonicorn Club Tekie (2017, India)
$1.5M - Seed - May 2021 Online Tutoring (WhiteHat Jr)
(# Cos: 285 | $167M)
Codingal (2020, India)
$1.2M - Seed - Sep 2021
- 2 Tinkerly (2015, India)
IPOs Acquisitions
$883K - Seed - Sep 2021
Codevidhya (2016, India)
$606K - Seed - Jul 2021
Taxonomy (1/3)
# Cos # Funded $ Funding
Taxonomy Total Funding Notable Companies
Tracked Cos. (Last 2y)
New Age Schools 11 4 $173M -- (▼100%) Ambow Education, Qubena
Online Schools 95 15 $115M $35.6M K12, 21K School
New Age Tuition Centers 5 4 $13.1M $12.7M (▲29100%) Klassroom, Algorithmics
B2C Learning Solutions 6769 1202 $23.5B $13.3B (▲120%) Unacademy, BYJU'S
Assistive Tech for Differently Abled

274 88 $533M $440M (▲4038%) Presence Learning, EarlyBird
Students
B2B2C Learning Solutions 1596 599 $5.4B $1.8B (▲97%) LEAD, Wonder Workshop
School IT 6281 831 $3.8B $1.2B (▲97%) PowerSchool, Blackboard
School Transportation 34 4 $824K -- (▼100%) Safetrax, Hugo
Tech for Teachers 1808 480 $1.6B $712M (▲498%) Kahoot, Renaissance
Business Management Software for Tutors 129 16 $286M $277M (▲5426%) Classplus, Teachmint
Student Loans 5 2 $3.8M $3.8M Jodo, Fee Plan
Houghton Mifflin Harcourt,

K-12 ECommerce 254 44 $307M $56.7M (▼64%)
TeachersPayTeachers
Taxonomy (2/3)
Discovery Platforms 887 127 $265M $49.9M (▲244%) WyzAnt, Niche
Student Productivity 73 5 $41.1K Coursicle, myHomeworkapp
After School Activities 210 69 $119M $4.7M (▼90%) KidPass, Tinkergarten
Student Volunteer Marketplace 2 1 VolunteerCrowd, Passport For Good
Kajeet Education Broadband, Lightspeed

Internet Safety 38 13 $114M $4.5M (▼72%)
Systems
Collaborative Learning Tool 28 11 $23.4M $6.1M FreshGrade, Padlet
Online Learning Communities 251 80 $491M $108M (▲233%) Brainly, Edmodo
Online Competitions 18 1 $366K $366K Allrounder Cup, HCL Jigsaw
Career Guidance 68 21 $32.6M $14.9M (▲96%) IDreamCareer, Nepris
Personal Educational Record 2 1 Backpack, TOTBOX
App Studios 132 9 $18.5M $2.0M (▲300%) StoryToys, Toca Boca
Educational Screen Time Management 11 1 $1.9M $1.9M 1Question, TimeoutIQ
Taxonomy (3/3)
Limited Information Available 1 Tmrw Digital
View full Taxonomy on Tracxn Platform
Contents
Overview
Funding
Investors
Acquisitions
IPOs
Companies
Unicorns
Business Models
News Recent Key News
Appendix
Recent Key News (1/3)
Transactions Company Updates
● Northwind Group Lends $26M on Houston Mixed-Use Towers Commercial ● Leading Edtech Company GuruQ is Coming Back in Action with Offline
Observer Classes after the Pandemic NewsVoir
● IndiQube bags USD 30 Million from promoters, WestBridge Capital ● Indian startups raised $8.4 bn in Q1, 2022; India ranks 4th globally with
Enablers 96 unicorns Business Today
● Houghton Mifflin Harcourt Successfully Completes Sale to Veritas Capital ● Pittsburgh Technical College Selects D2L Brightspace to Enhance Virtual
userwalls.com
Learning Opportunities GlobeNewswire
● Singaporean EdTech Ascend Now Raises Additional $700k In Seed Round
● IPEVO Introduces Uplift Magnetic—A More Versatile and Sturdier
To Develop Its Content Creat.. EdTechReview
Magnetic Multi-angled Arm for iPhone 12 .. PRWeb
● Amsterdam-based Knowledge Sharing Platform StuDocu Acquires
● LingoAce Launches New English Language Learning Program, English Live
German EdTech Studybees EdTechReview Business Wire
● Intellinetics, Inc. Acquires Yellow Folder, LLC; Completes Equity and Debt ● D2L Inc. Opens the Market CNW
Financing GlobeNewswire
● DreamBox Learning® Launches Lesson Highlights to Equip Educators with
● Andreessen Horowitz-backed Danish edtech startup Labster raises Transformative Insight in.. Business Wire
€42.83M Silicon Canals
● Wayfinder Announces Expansion of Social-Emotional and Purpose
● Labster secures USD47m in additional funding in round led by Sofia Curriculum to K-12 Market PRWeb
Group and Pirate Impact Private Equity Wire
● Vedantu launches W.A.V.E 2.0, an interactive learning platform that
● Valar Labs Raises $4M in Seed Funding FinSMEs leverages AI/ML YourStory Media
● Skill-based Learning App Conker World Raises $300k In Pre-Seed Round ● Two tenants commit to longer leases at canal-side premises
EdTechReview TheBusinessDesk.com
Legal Partnerships
● ED Attaches Educomp Group Company’s Assets Worth 90.31 Cr Under ● Spin Master's Sago Mini® Studio Collaborates with Otsimo On A New
Money Laundering Case Inc42 Speech App for Children: Sago.. userwalls.com
● Weiss Law Reminds TGNA, MTOR, HMHC, and MGI Shareholders About ● Vi launches its ‘Jobs & Education’ platform in partnership with Apna,
Its Ongoing Investigations PR Newswire Enguru and Pariksha Telecom Operator News
● WeissLaw LLP Reminds TEN, HMHC, RESN, and MGI Shareholders About ● Juni Learning, Bloom Partner to Close Financial Literacy Gap with Free
Its Ongoing Investigations PR Newswire Investing Courses for Te.. GlobeNewswire
● WeissLaw LLP Investigates Houghton Mifflin Harcourt Company ● Xello Announces Partnership with Intellispark to Further Support
ICrowdNewswire Student Success CNW
● The M&A Class Action Firm is Investigating the Buyout - MGI, RESN, ● BetterLesson Partners with TeachFX to Drive Student-Centered
APTS, HMHC, MTOR, TGNA PR Newswire Instructional Practices Through Actionable.. PRWeb
● Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in ● London South Bank University Partners with Symplicity CareerHub Core
Proposed Sale of Houghton .. Business Wire to Put Students Front and Ce.. PR Newswire
● Halper Sadeh LLP Is Investigating Whether the Sale of Houghton Mifflin ● JumpStart and Upper Deck team up for Neopets trading cards and game
Harcourt Company Is Fair.. Business Wire ToyNews
● Robbins LLP Reminds Investors that Zhangmen Education Inc. (ZME) is ● Quantum Storey Collaborates with Hasbro to Form XR Publishing
Being Sued for Misleading S.. Business Wire licenseglobal.com
● Rosen , a world-renowned investor's legal adviser, encourages investors ● SMART Technologies and Kooth join forces to transform student and
who have suffered losse.. Business Wire teacher wellbeing PR Newswire
● Edtech Startup Unacademy ‘Reviewing’ Court Order Restraining It To Use ● BYJU’S and QIA To Launch Edtech Business In MENA Region Inc42
PrepLadder In Plagiarism Row Inc42
People Movement Other
● Mass layoffs at edtech unicorn Unacademy, months after raising a ● STEMscopes NGSS 3D Wins STEM Solution Cool Tool Award for Second
$440Mn round TechPortal Consecutive Year in 2022 EdTec.. Business Wire
● Classplus appoints ex-OYO Ankit Sood as Head of Global Growth People ● Class Technologies Named Among Best Places to Work TecHR Series
Matters
● Quiz expects return to profit following positive sales momentum Retail
● Promevo Appoints Karthik Kripapuri to Chief Executive Officer, Further Gazette
Building its Executive L.. Business Wire
● Cambium Learning Group Recognizes Three Exceptional Teachers for its
● Shmoop Expands its Leadership Team Fueling its Rapid Growth PRWeb 2022 Essential Educator Aw.. Business Wire
● Modern Campus Names Rick Bakewell as Chief Financial Officer PRWeb ● D2L Inc. Announces Fourth Quarter and Fiscal Year 2022 Financial
Results Financial Post
● SkinBioTherapeutics proposes Manprit Singh Randhawa as new CFO
Morningstar ● PowerSchool Recognized with Six Stevie® Awards for Ongoing
● DreamBox Learning® Promotes Dianna Winegarden to Chief Customer
Commitment to Customer Support and S.. Business Wire
Officer Business Wire ● China Online Education Group Announces Full Year 2021 Results PR
Newswire
● Jenzabar Appoints Jaime Moquin as Vice President of Engagement and
Customer Success Business Wire ● iHuman Inc. Announces Fourth Quarter and Fiscal Year 2021 Unaudited
Financial Results PR Newswire
● Truecaller Strengthens Leadership Team With New Appointments Adgully
● PaperCut named a leader in IDC MarketScape report The Recycler
● Cuemath appoints Varun Jha as chief marketing officer People Matters
● EdisonLearning Virtual Curriculum Receives Quality Matters Certification
PRWeb
Contents
Overview
Funding
Investors
IPOs
Acquisitions
Companies
Unicorns
Business Models
News
Appendix
Vendor Discovery
# Vendor Name Country # Customers Customers
1 World Mosaic Australia 13 Makers Empire ($1.6M), Quick Key ($600K), ClassCover ($455K), Hoonuit +9More
2 Brainsearch India 10 BYJU'S ($5.0B), Unacademy ($881M), Vedantu ($309M), LEAD ($171M) +6More
3 Groupworld Canada 8 MyTutor ($36.1M), Cluey ($22.1M), Tomorrow's Genius, Tutortag +4More
4 Lessonspace United States 6 Tutorfly, Pluto LMS, TutorCruncher, Wings Tuition +2More
5 Acadecraft India 5 Educomp ($1.6M), Scholr ($383K), NIIT Nguru, TextbookRush +1More
6 Did Teach United Kingdom 3 Century ($12.2M), Third Space Learning ($10.1M), Evidence Based Education
7 BlueSnap United States 3 KIDOZ ($1.2M), Veracross, Transparent Language
8 InfiHire India 3 BYJU'S ($5.0B), Toppr ($116M), WhiteHat Jr ($11.3M)
9 Kids Home Alone United States 3 Khan Academy, TVOKids, ABCya
10 Lumaverse Techno.. United States 3 GoSignMeUp, Learning Stream, AtoZ Connect
Note: Numbers in bracket indicate the total funding of the company.
Explore more on Tracxn
Companies Investment Activity Reports
All Tech Companies Recent funding rounds Delhivery - Company Report
US Tech Companies Investment Trends Novel Foods - Business Model Report
Online Travel Companies Most Active Investors HRTech - Feed Report
Companies using AI in Healthcare Top Funded Business Models FinTech - Top Business Models Report
Companies founded by Stanford GSB Alumni India Tech - Top Business Models Report
Soonicorn club in Fintech US Tech - Monthly Report
Analyst Picks in Israel Tech
Company Due Diligence Exits Miscellaneous

Company Detail Page of DoorDash Public Companies Key News in FinTech
Competitors of Freshworks Acquired Companies Events in Bay Area
Cap Table for TransferWise Most Active Acquirers Angel Investors in United States
Financials for Ola Bluebox
Employee Count for Revolut
Explore other Reports on Tracxn
Company Reports Business Model Reports Feed Reports Top Business Models in PA Geo Monthly Reports
Transferwise Novel Foods HRTech FinTech US Tech
Coursera Blockchain Network Cybersecurity Enterprise Applications Europe Tech
BigBasket P2P Remittance Food Tech Artificial Intelligence China Tech
Unicorn Reports Feed Geo Reports Top Business Models in Geo

Monthly Unicorn Report FinTech Europe India Tech
Consumer Digital SEA Israel Tech
HiTech US UK & Ireland Tech
Any and all information either accessed from the website www.tracxn.com or having otherwise originated from Tracxn Technologies Limited including but not limited to the
information contained herein ("Data") is the sole property of Tracxn Technologies Limited (hereinafter "Tracxn"). You shall not recirculate, distribute, transmit, publish, or sell the
Data or any portion thereof in any form or by any means, either for commercial or non-commercial use, or permit any third party to use or distribute the Data or any portion
thereof; to any other party, except with the prior written consent of Tracxn. You may however incorporate insubstantial portions, extracts, abstracts or summaries from the Data
into analysis, presentations or tools for your customers or for your internal use, so long as Tracxn is clearly and visibly identified as the source of information.
For further information

Feed please
Report - K-12 refer to
EdTech our2022
- Apr Terms of Use at www.tracxn.com Copyright © 2022, Tracxn Technologies Limited. All rights reserved.

K-12 EdTech - Tracxn Feed Report - 08 Apr 2022

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

K-12 EdTech - Tracxn Feed Report - 08 Apr 2022

Uploaded by

Copyright:

Available Formats

TRACXN FEED REPORT

APRIL 08, 2022

Scope of Feed Top Geographies by Companies

Unfunded Companies Funded Companies

Top Funding Rounds in last 2y Top Investors Top Exits

CODING SCHOOL ADMINISTRATION Online Subscription Based

ENGLISH PARENT TEACHER COMMUNICATION School Management Software $435M

Online Courses for Schools $417M

Online K-12 Tutoring $267M

CLASSROOM TEACHING DEVICES

*Upcoming Business Model

Funded 3,646 100% 19% -

Series A+ 561 15% 15% 2.3

Series B+ 283 8% 50% 3.2

Series C+ 163 4% 58% 4.1

Series D+ 102 3% 63% 5.5

# Rounds Top Funded Company Beijing $7.1B

China 627 Yuanfudao (4.0B)

India 831 BYJU'S (5.0B) Shanghai $2.4B

San Francisco $1.6B

New York City $817M

Los Angeles $742M

Singapore 51 LingoAce (180M)

Late Stage $50.7M

2017 2018 2019 2020 2021 2022 YTD

University of GoStudent 17Zuoye Outschool

Stanford University Outschool Zum isaac

Massachusetts Answers littleBits Quizlet

IIT Bombay Vedantu Teachmint Toppr

Harvard University Outschool Clever Subject

IIT Roorkee Vedantu Classplus Uable

Cisco Unacademy Zaya Learning .. Buddy

Google Outschool GoGuardian Jiliguala

Boston Consulting GoStudent Open English Clever

Microsoft Duolingo Classplus Knowledgehook

Intel Knowbox Baijiayun Kidaptive

McKinsey Teachmint ClassDojo Snapask

View all 138 funding rounds on Tracxn Platform

Seed Stage AngelList 16 (▲300%)

Owl Ventures 10 (▲67%)

Early Stage GSV Ventures 10 (▲900%)

Learn Capital 6 (▲500%)

Late Stage Tencent 10 (▲43%)

Owl Ventures 10 (▲233%)

First-time Investors Existing Investors

Blackboard ($118M), Rosetta Stone ($62.0M), MEL Science

VIPKID ($976M), 17Zuoye ($585M), Bo Bird Picture Book

Beijing HexFuture Technology ($11.9M), Zhiyue Study Room

4 Rethink United States 94 21 EVERFI ($252M), GoFormative ($70.0M), NoRedInk ($58.3M)

Vedantu ($309M), Altitude Learning ($178M), Doubtnut

Newsela ($173M), Illuminate Education ($26.5M), LightSail

Newsela ($173M), Open English ($119M), Varsity Tutors

littleBits ($80.1M), littleBits ($59.8M), Kajeet Education

7 CapitalG United States 68 3 Duolingo ($183M), Cuemath ($69.1M), Renaissance ($40.0M)

8 Sofina Belgium 85 3 BYJU'S ($5.0B), Zhangmen ($873M), Labster ($147M)

9 PSG United States 85 3 DigitalEd ($7.0M), Nepris ($6.5M), SchoolStatus ($4.0M)

10 Vesuvio Ventures United States 30 2 Nearpod ($50.6M), Xennial Digital

Schoolnet ($45.5M), PowerSchool ($32.0M), eSpark Learning

9 HarbourVest Partners United States 311 4 Edmentum, Finalsite, EInstruction

GoStudent ($684M), Nearpod ($50.6M), Education.com

Outschool ($240M), Panorama Education ($105M), ClassDojo

Investor # Acq. Notable Acq. iParadigms

List of Acquisitions (1/2)

Cipafilter Family Zone Mar 2022 NA