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Top 21 E-Learning Unicorn Companies in 2023

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Have you ever wondered which private companies in the E-Learning industry have the highest valuations?

You’re not alone.

There are lots of unicorn companies in this space, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 21 E-Learning unicorn startups, from highest to lowest valuation.

21 E-Learning Unicorns Companies

Accelerators & Incubators List
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2,658 Accelerators & Incubators

Information about the industries, stages and countries they generally invest in.

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Complete Unicorns List
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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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Complete Unicorns List
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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

Get the Sheet for $50

1) BYJU's

BYJU's

BYJU’S is an educational technology company that designs and develops personalized, high quality learning programs for K-12 students.

Details of the startup:

  • Valuation: $22.00B (July 2017)
  • Country: India
  • City: Bengaluru
  • Started in: 2008
  • Founders: Byju Raveendran, Divya Gokulnath
  • Number of employees: 1,000-5,000
  • Funding: $5,182.78M
  • Funding rounds: 21
  • Number of investors: 49

You can find their website here.

2) Yuanfudao

Yuanfudao

Yuanfudao aims to revolutionize online education by connecting Chinese and English speakers with a world class education.

Details of the startup:

  • Valuation: $15.50B (May 2017)
  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2012
  • Founders: Ke Shuai, Xin Li, Yong Li
  • Number of employees: 10,000+
  • Funding: $4,044.20M
  • Funding rounds: 11
  • Number of investors: 18

You can find their website here.

3) VIPKid

VIPKid

VIPKid is an online teaching platform where teachers from North America work one-on-one with students in China.

Details of the startup:

  • Valuation: $4.50B (August 2016)
  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2013
  • Founders: Cindy Mi, Jessie Chen, Victor Zhang
  • Number of employees: 5,000-10,000
  • Funding: $975.49M
  • Funding rounds: 10
  • Number of investors: 12

You can find their website here.

4) Articulate

Articulate

Articulate creates a workplace training platform for management systems that includes online courses.

Details of the startup:

  • Valuation: $3.75B (July 2021)
  • Country: United States
  • State: New York
  • City: New York
  • Started in: 2002
  • Founders: Adam Schwartz
  • Number of employees: 250-500
  • Funding: $1,500.00M
  • Funding rounds: 1
  • Number of investors: 3

You can find their website here.

5) Course Hero

Course Hero

Course Hero is a digital classroom with learning resources that help students pass, excel in, and enjoy college.

Details of the startup:

  • Valuation: $3.60B (February 2020)
  • Country: United States
  • State: California
  • City: Redwood City
  • Started in: 2006
  • Founders: Andrew T. Grauer, Gregor Carrigan, Jared Grauer
  • Number of employees: 250-500
  • Funding: $1,555.00M
  • Funding rounds: 9
  • Number of investors: 33

You can find their website here.

6) Unacademy

Unacademy

Unacademy is a place to learn. It’s a revolutionary education system that makes learning materials accessible and affordable.

Details of the startup:

  • Valuation: $3.44B (September 2020)
  • Country: India
  • City: Bengaluru
  • Started in: 2015
  • Founders: Gaurav Munjal, Hemesh Singh, Roman Saini, Sachin Gupta
  • Number of employees: 1,000-5,000
  • Funding: $875.73M
  • Funding rounds: 12
  • Number of investors: 42

You can find their website here.

7) Zuoyebang

Zuoyebang

Zuoyebang provides superior education products and services to k12 students from around the world.

Details of the startup:

  • Valuation: $3.00B (July 2018)
  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2014
  • Founders: Hou Jianbin
  • Number of employees: 10,000+
  • Funding: $1,239.79M
  • Funding rounds: 6
  • Number of investors: 17

You can find their website here.

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8) Outschool

Outschool

Outschool.com is a marketplace of live online classes for kids that connects teachers qualified in one specific field of education with students who want to learn in a live environment, through live classes

Details of the startup:

  • Valuation: $3.00B (April 2021)
  • Country: United States
  • State: California
  • City: San Francisco
  • Started in: 2015
  • Founders: Amir Nathoo, Mikhail Seregine, Nick Grandy
  • Number of employees: 100-250
  • Funding: $240.02M
  • Funding rounds: 6
  • Number of investors: 14

You can find their website here.

9) Age of Learning

Age of Learning

Age of Learning offers a broad and dynamic curriculum for at-home or in-center enrichment.

Details of the startup:

  • Valuation: $3.00B (May 2016)
  • Country: United States
  • State: California
  • City: Glendale
  • Started in: 2007
  • Founders: Doug Dohring
  • Number of employees: 500-1,000
  • Funding: $542.41M
  • Funding rounds: 5
  • Number of investors: 5

You can find their website here.

10) UpGrad

UpGrad

UpGrad is an online higher education platform providing various programs.

Details of the startup:

  • Valuation: $2.25B (August 2021)
  • Country: India
  • City: Mumbai
  • Started in: 2015
  • Founders: Mayank Kumar, Phalgun Kompalli, Ravijot Chugh, Ronnie Screwvala
  • Number of employees: 1,000-5,000
  • Funding: $361.23M
  • Funding rounds: 4
  • Number of investors: 5

You can find their website here.

11) Changingedu

Changingedu

Changingedu is helping make learning an accessible and affordable experience for students.

Details of the startup:

  • Valuation: $1.50B (October 2017)
  • Country: China
  • State: Shanghai
  • City: Shanghai
  • Started in: 2014
  • Founders: Liu Changke
  • Number of employees: 100-250
  • Funding: $188.00M
  • Funding rounds: 5
  • Number of investors: 7

You can find their website here.

12) Domestika

Domestika

Domestika is a creative community where creative experts share their knowledge and skills through professionally produced online courses.

Details of the startup:

  • Valuation: $1.30B (January 2022)
  • Country: United States
  • State: California
  • City: Berkeley
  • Started in: 2012
  • Founders: Julio Cotorruelo, Tomy Pelluz
  • Number of employees: 500-1,000
  • Funding: $200.00M
  • Funding rounds: 2
  • Number of investors: 2

You can find their website here.

13) ClassDojo

ClassDojo

ClassDojo is a school communication platform that is used by teachers, students, and families to create close-knit communities.

Details of the startup:

  • Valuation: $1.25B (July 2022)
  • Country: United States
  • State: California
  • City: San Francisco
  • Started in: 2011
  • Founders: Liam Don, Sam Chaudhary
  • Number of employees: 101-250
  • Funding: $191.10M
  • Funding rounds: 5
  • Number of investors: 30

You can find their website here.

14) Pipa Coding

Pipa Coding

Pipa Coding is a provider of children's programming education services, helping children to learn programming through online introductory courses, advanced courses, and small workshops.

Details of the startup:

  • Valuation: $1.20B (March 2021)
  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2017
  • Founders: Yuhang Wang
  • Funding: $1,283.00M
  • Funding rounds: 5
  • Number of investors: 11

You can find their website here.

15) Physics Wallah

Physics Wallah

Physics Wallah provides live classes, video lectures, test series, and dynamic exercises.

Details of the startup:

  • Valuation: $1.10B (June 2022)
  • Country: India
  • State: Uttar Pradesh
  • City: Noida
  • Started in: 2014
  • Founders: Alakh Pandey, Prateek Maheshwari
  • Number of employees: 1001-5000
  • Funding: $100.00M
  • Funding rounds: 1
  • Number of investors: 2

You can find their website here.

16) LEAD School

LEAD School

LEAD School offers a technology-based school transformation system that provides quality education to students.

Details of the startup:

  • Valuation: $1.10B (January 2022)
  • Country: India
  • City: Andheri
  • Started in: 2012
  • Founders: Smita Deorah, Sumeet Mehta
  • Number of employees: 500-1,000
  • Funding: $166.00M
  • Funding rounds: 5
  • Number of investors: 3

You can find their website here.

17) Newsela

Newsela

Newsela is a Ed-tech startup that makes learning materials from great news stories, for readers of all ages and abilities.

Details of the startup:

  • Valuation: $1.00B (February 2021)
  • Country: United States
  • State: New York
  • City: New York
  • Started in: 2013
  • Founders: Dan Cogan-Drew, Matthew Gross
  • Number of employees: 250-500
  • Funding: $170.72M
  • Funding rounds: 6
  • Number of investors: 24

You can find their website here.

18) Vedantu

Vedantu

Vedantu is an interactive online tutoring platform for students.

Details of the startup:

  • Valuation: $1.00B (September 2021)
  • Country: India
  • City: Bengaluru
  • Started in: 2014
  • Founders: Anand Prakash, Pulkit Jain, Saurabh Saxena, Vamsi Krishna
  • Number of employees: 500-1,000
  • Funding: $306.38M
  • Funding rounds: 10
  • Number of investors: 11

You can find their website here.

19) iTutorGroup

iTutorGroup

ITutorGroup is dedicated to servicing your business and educational needs through superior in-house support and a team of professional tutors.

Details of the startup:

  • Valuation: $1.00B (November 2015)
  • Country: China
  • State: Shanghai
  • City: Shanghai
  • Started in: 1998
  • Founders: Eric Yang, Jerry Huang, Ming Yang
  • Number of employees: 1,000-5,000
  • Funding: $315.00M
  • Funding rounds: 4
  • Number of investors: 8

You can find their website here.

20) Quizlet

Quizlet

Quizlet is a platform that empowers and inspires students to learn, study, and master concepts by engaging them with innovative activities and games.

Details of the startup:

  • Valuation: $1.00B (May 2020)
  • Country: United States
  • State: California
  • City: San Francisco
  • Started in: 2005
  • Founders: Andrew Sutherland, David Margulius
  • Number of employees: 100-250
  • Funding: $62.00M
  • Funding rounds: 3
  • Number of investors: 7

You can find their website here.

21) Huike Group

Huike Group

Huikedu is a professional skills training centre based in Beijing, providing quality education courses for students in the domestic and international markets.

Details of the startup:

  • Valuation: $1.00B (May 2018)
  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2010
  • Founders: Alec Fang
  • Number of employees: 1,000-5,000
  • Funding: $63.00M
  • Funding rounds: 4
  • Number of investors: 5

You can find their website here.

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