The EdTech industry is home to 29 unicorn companies that are reshaping education worldwide. These firms span from India and China to the United States and Europe.
At the top is India's BYJU'S, which has reached a $22B valuation after raising $6.3B in funding. Other significant companies include China's Yuanfudao, valued at $17B, and the US-based Articulate, with a $4B valuation.
Below is the full list of 29 EdTech unicorn startups at this time.
Top 10 Most Valuable EdTech Unicorns
Tool
Fundraising OS
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Sheet
2,189 Accelerators & Incubators
Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Sheet
1,600+ Unicorns
Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50Sheet
250 BioTech & Health Investors
List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Sheet
250 AI Investors
List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Sheet
250 Fintech Investors
List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50BYJU'S builds an educational technology platform that provides personalized learning programs for K-12 students. They offer a suite of learning apps and content designed to make complex subjects more accessible and engaging.
| Valuation | $22B |
| Headquarters | Bangalore, Karnataka, India |
| Year Founded | 2011 |
| Founders | Byju Raveendran, Divya Gokulnath |
| Funding Amount | $6.3B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Private Equity |
| Top Investors | Peak XV Partners, Bond, BlackRock, Lightspeed Venture Partners, B Capital |
Yuanfudao runs a leading online education platform that provides live courses and tutoring services for K-12 students. They integrate AI into their educational products to offer personalized and interactive learning experiences at scale.
| Valuation | $17B (Joined May 2017) |
| Headquarters | Beijing, Beijing, China |
| Year Founded | 2012 |
| Founders | Ke Shuai, Xin Li, Yong Li |
| Funding Amount | $4B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series G |
| Top Investors | Temasek Holdings, Hillhouse Investment, IDG Capital, Warburg Pincus, Matrix Partners China |
Zuoyebang operates a massive online education platform offering tutoring and homework help to K-12 students. Its core product uses AI to provide instant answers to student questions, functioning as a dedicated search engine for school subjects.
| Valuation | $10B (Joined July 2018) |
| Headquarters | Beijing, Beijing, China |
| Year Founded | 2014 |
| Founders | Hou Jianbin |
| Funding Amount | $2.9B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series E |
| Top Investors | New Enterprise Associates, Tiger Global Management, Goldman Sachs, Legend Capital, HSG |
Guild builds an education-as-a-benefit platform that connects working adults with classes, programs, and degrees. They partner with leading employers to upskill their workforce, helping employees advance their careers without taking on student debt.
| Valuation | $4B |
| Headquarters | Denver, Colorado, United States |
| Year Founded | 2015 |
| Founders | Brittany Stich, Chris Romer, Rachel Romer |
| Funding Amount | $643.2M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series F |
| Top Investors | FPV Ventures, General Catalyst, Bessemer Venture Partners, Salesforce Ventures, Wellington Management |
Learneo has assembled a platform of businesses focused on learning and productivity. Their portfolio contains some of the most widely used tools in education and writing, including Course Hero, Grammarly, and QuillBot.
| Valuation | $4B |
| Headquarters | Redwood City, California, United States |
| Year Founded | 2006 |
| Founders | Andrew T. Grauer, Gregor Carrigan |
| Funding Amount | $492.4M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series C |
| Top Investors | IDG Capital, TPG, 137 Ventures, Wellington Management, SV Angel |
Articulate develops a suite of apps for workplace learning, making it simple for organizations to create online training. Their flagship product, Articulate 360, is widely used by instructional designers to build engaging and interactive courses.
| Valuation | $4B (Joined July 2021) |
| Headquarters | New York, New York, United States |
| Year Founded | 2002 |
| Founders | Adam Schwartz |
| Funding Amount | $1.5B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series A |
| Top Investors | ICONIQ Growth, General Atlantic, Blackstone Accelerates Growth |
GoStudent runs a digital platform that connects students with teachers for lessons in a virtual learning environment. They provide personalized, one-on-one tutoring across all school subjects to help students reach their academic goals.
| Valuation | $3.5B (Joined June 2021) |
| Headquarters | Vienna, Wien, Austria |
| Year Founded | 2016 |
| Founders | Felix Ohswald, Ferdinand von Hagen, Gregor Muller |
| Funding Amount | $781.3M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | Coatue, Speedinvest, Tencent, Deutsche Bank, Prosus |
Unacademy offers a vast online learning platform with video lectures and live classes to help students prepare for competitive examinations. They're known for a comprehensive library of courses and a large network of educators focused on helping students pass critical entrance exams.
| Valuation | $3.44B (Joined September 2020) |
| Headquarters | Bangalore, Karnataka, India |
| Year Founded | 2015 |
| Founders | Gaurav Munjal, Hemesh Singh, Roman Saini, Sachin Gupta |
| Funding Amount | $838.5M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series H |
| Top Investors | Sequoia Capital, Peak XV Partners, Nexus Venture Partners, Elevation Capital, General Atlantic |
Eruditus delivers executive education and professional training from top universities to a global audience. Their online programs and boot camps cover in-demand subjects, allowing professionals to upskill with certifications from world-class institutions.
| Valuation | $3.1B (Joined August 2021) |
| Headquarters | Mumbai, Maharashtra, India |
| Year Founded | 2010 |
| Founders | Ashwin Damera, Chaitanya Kalipatnapu |
| Funding Amount | $1.6B |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series F |
| Top Investors | InnoVen Capital, Accel, Peak XV Partners, HSBC, Prosus Ventures |
Outschool provides a marketplace of live online classes for kids, connecting learners, parents, and teachers. They offer a vast catalog of subjects, giving families a flexible way to pursue educational interests outside of a traditional classroom.
| Valuation | $3B (Joined April 2021) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2015 |
| Founders | Amir Nathoo, Mikhail Seregine, Nick Grandy |
| Funding Amount | $240.2M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series D |
| Top Investors | Y Combinator, Lightspeed Venture Partners, Reach Capital, Union Square Ventures, Bond |
The Remaining 19 EdTech Unicorns
The top ten companies are just the beginning of the story. Many of the other fast-growing startups in this space come from the United States and India.
Some of these companies are newer, while others are already well-known names in education. Here’s a look at the rest of the EdTech unicorns making an impact.