EdTech Unicorns

20 Edtech Startups that are now Unicorn Companies

Here’s a full list of unicorn companies in the edtech industry that have made it to the US$1B valuation.

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Countless EdTech startups are being launched every day, and many fail because they did not learn from the success of other companies who've managed to rise above and join the unicorn club.

We just published this list of 20 well-known EdTech companies in the education industry that impressed investors enough to achieve a $1 billion valuation.

20 Edtech Startups that are now Unicorns

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:

    $1.00

    B (

    May 2016

    )

  • Country:

    United States

  • City:

    Glendale

  • Started in:

    2001

  • Founders:

    Doug Dohring

  • Industries:

    E-Learning, EdTech, Education

  • Number of employees:

    500-1,000

  • Funding Amount:

    $181,500,000

  • Number of funding rounds:

    3

  • Number of investors:

    3

here

ApplyBoard

ApplyBoard

ApplyBoard is a study abroad platform that’s revolutionizing the way students find and apply for programs abroad.

Details of the startup:

  • Valuation:

    $1.50

    B (

    May 2020

    )

  • Country:

    Canada

  • City:

    Waterloo

  • Started in:

    2015

  • Founders:

    Martin Basiri, Massi Basiri, Meti Basiri

  • Industries:

    E-Commerce Platforms, EdTech, Enterprise Software, Internet, PaaS, Software

  • Number of employees:

    500-1,000

  • Funding Amount:

    $178,342,957

  • Number of funding rounds:

    9

  • Number of investors:

    21

here

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:

    $13.00

    B (

    July 2017

    )

  • Country:

    India

  • City:

    Bangalore

  • Started in:

    2011

  • Founders:

    Byju Raveendran, Divya Gokulnath

  • Industries:

    E-Learning, EdTech, Education, Higher Education, Software

  • Number of employees:

    10,000+

  • Funding Amount:

    $2,347,000,000

  • Number of funding rounds:

    16

  • Number of investors:

    31

here

Changingedu

Changingedu

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

Details of the startup:

  • Valuation:

    $1.50

    B (

    October 2017

    )

  • Country:

    China

  • City:

    Xuhui

  • Started in:

    2014

  • Founders:

    Liu Changke

  • Industries:

    E-Learning, EdTech, Education, Mobile

  • Number of employees:

    100-250

  • Funding Amount:

    $188,000,000

  • Number of funding rounds:

    5

  • Number of investors:

    7

here

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:

    $1.10

    B (

    February 2020

    )

  • Country:

    United States

  • City:

    Redwood City

  • Started in:

    2006

  • Founders:

    Andrew T. Grauer, Gregor Carrigan, Jared Grauer

  • Industries:

    Crowdsourcing, E-Learning, EdTech, Education, Internet, Subscription Service

  • Number of employees:

    250-500

  • Funding Amount:

    $97,393,000

  • Number of funding rounds:

    8

  • Number of investors:

    26

here

Degreed

Degreed

Degreed is an upskilling platform for individuals and organizations. It offers free online courses, certification, and support to help individuals learn new skills in an interactive format.

Details of the startup:

  • Valuation:

    $1.40

    B (

    April 2021

    )

  • Country:

    United States

  • City:

    Pleasanton

  • Started in:

    2012

  • Founders:

    David Blake, David Wiley, Eric Sharp

  • Industries:

    Corporate Training, EdTech, Education, Internet, Skill Assessment, Software

  • Number of employees:

    500-1,000

  • Funding Amount:

    $390,205,796

  • Number of funding rounds:

    15

  • Number of investors:

    19

here

Guild Education

Guild Education

Guild Education delivers life-long learning to working adults with easy, flexible, and affordable classes. Save time and money by completing your degree while you earn a living.

Details of the startup:

  • Valuation:

    $1.00

    B (

    November 2019

    )

  • Country:

    United States

  • City:

    Denver

  • Started in:

    2015

  • Founders:

    Brittany Stich, Chris Romer, Rachel Carlson

  • Industries:

    Career Planning, EdTech, Education, Employee Benefits

  • Number of employees:

    250-500

  • Funding Amount:

    $228,500,000

  • Number of funding rounds:

    6

  • Number of investors:

    22

here

Hujiang Education Technologies

Hujiang Education Technologies

Hujiang is a professional learning platform that provides users with enjoyable and convenient learning.

Details of the startup:

  • Valuation:

    $1.00

    B (

    October 2015

    )

  • Country:

    China

  • City:

    Shanghai

  • Started in:

    2001

  • Founders:

    Cairui Fu

  • Industries:

    EdTech, Education, Internet

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $187,000,000

  • Number of funding rounds:

    5

  • Number of investors:

    4

here

Huohua Siwei

Huohua Siwei

Huohua Siwei, an online tutoring platform, helps elementary school students understand math and science through interactive online education.

Details of the startup:

  • Valuation:

    $1.50

    B (

    January 2021

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2016

  • Founders:

    Jian Luo

  • Industries:

    E-Learning, EBooks, EdTech, Education

  • Number of employees:

    10,000+

  • Funding Amount:

    $593,000,000

  • Number of funding rounds:

    9

  • Number of investors:

    15

here

Knowbox

Knowbox

Knowbox is a start-up building mobile apps to help students, teachers, and parents better manage their homework.

Details of the startup:

  • Valuation:

    $1.00

    B (

    May 2019

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2014

  • Founders:

    Jia Xiaoming, Liu Ye

  • Industries:

    Apps, Children, EdTech, Education, Mobile

  • Number of employees:

    250-500

  • Funding Amount:

    $305,756,292

  • Number of funding rounds:

    6

  • Number of investors:

    9

here

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:

    $1.00

    B (

    February 2021

    )

  • Country:

    United States

  • City:

    New York

  • Started in:

    2013

  • Founders:

    Dan Cogan-Drew, Matthew Gross

  • Industries:

    E-Learning, EdTech, Education, Language Learning

  • Number of employees:

    250-500

  • Funding Amount:

    $172,156,174

  • Number of funding rounds:

    6

  • Number of investors:

    24

here

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:

    $1.30

    B (

    April 2021

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2015

  • Founders:

    Amir Nathoo, Mikhail Seregine, Nick Grandy

  • Industries:

    Children, E-Learning, EdTech, Education, Information Technology, Marketplace

  • Number of employees:

    100-250

  • Funding Amount:

    $130,020,000

  • Number of funding rounds:

    5

  • Number of investors:

    13

here

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:

    $1.00

    B (

    May 2020

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2001

  • Founders:

    Andrew Sutherland, David Margulius

  • Industries:

    EdTech, Education, Internet, Knowledge Management

  • Number of employees:

    100-250

  • Funding Amount:

    $62,000,000

  • Number of funding rounds:

    3

  • Number of investors:

    7

here

Squirrel AI Learning

Squirrel AI Learning

Squirrel AI Learning builds adaptive educational solutions that drive academic achievement and enhance the learner experience.

Details of the startup:

  • Valuation:

    $1.10

    B (

    April 2019

    )

  • Country:

    China

  • City:

    Shanghai

  • Started in:

    2014

  • Founders:

    Derek Li, Jason Wei Zhou, Wei Cui

  • Industries:

    Artificial Intelligence, E-Learning, EdTech, Education, Internet, Machine Learning

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $131,300,000

  • Number of funding rounds:

    4

  • Number of investors:

    10

here

Udacity

Udacity

Udacity is redefining online education with a diverse portfolio of nanodegree programs, including programs in artificial intelligence, machine learning, and robotics.

Details of the startup:

  • Valuation:

    $1

    B (

    November 2015

    )

  • Country:

    United States

  • City:

    Mountain View

  • Started in:

    2011

  • Founders:

    David Stavens, Mike Sokolsky, Sebastian Thrun

  • Industries:

    Artificial Intelligence, E-Learning, EdTech, Education, Internet, Machine Learning, Robotics, Software, Training

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $235,000,000

  • Number of funding rounds:

    6

  • Number of investors:

    13

here

Udemy

Udemy

Udemy is the global marketplace for learning and teaching online used by students, companies and government.

Details of the startup:

  • Valuation:

    $3.20

    B (

    February 2020

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2009

  • Founders:

    Eren Bali, Gagan Biyani, Oktay Caglar

  • Industries:

    E-Learning, EdTech, Education, Training

  • Number of employees:

    500-1,000

  • Funding Amount:

    $296,500,000

  • Number of funding rounds:

    13

  • Number of investors:

    26

here

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:

    $2.00

    B (

    September 2020

    )

  • Country:

    India

  • City:

    Bangalore

  • Started in:

    2015

  • Founders:

    Gaurav Munjal, Hemesh Singh, Roman Saini, Sachin Gupta

  • Industries:

    E-Learning, EdTech, Education, Training

  • Number of employees:

    250-500

  • Funding Amount:

    $398,500,000

  • Number of funding rounds:

    11

  • Number of investors:

    36

here

Yuanfudao

Yuanfudao

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

Details of the startup:

  • Valuation:

    $15.50

    B (

    May 2017

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2012

  • Founders:

    Shuai Ke, Xin Li, Yong Li

  • Industries:

    E-Learning, EdTech, Tutoring

  • Number of employees:

    10,000+

  • Funding Amount:

    $4,052,000,000

  • Number of funding rounds:

    11

  • Number of investors:

    18

here

Zhangmen

Zhangmen

Zhangmen is a tutoring platform that offers affordable, high-quality, customized courses online.

Details of the startup:

  • Valuation:

    $1.60

    B (

    December 2017

    )

  • Country:

    China

  • City:

    Shanghai

  • Started in:

    2010

  • Founders:

    Yi Zhang

  • Industries:

    EdTech, Education, Information Services

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $502,277,273

  • Number of funding rounds:

    6

  • Number of investors:

    8

here

Zuoyebang

Zuoyebang

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

Details of the startup:

  • Valuation:

    $3.00

    B (

    July 2018

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2014

  • Founders:

    Hou Jianbin

  • Industries:

    Apps, Artificial Intelligence, E-Learning, EdTech, Education, Q&A, Search Engine, Tutoring

  • Number of employees:

    10,000+

  • Funding Amount:

    $2,935,000,000

  • Number of funding rounds:

    6

  • Number of investors:

    17

here
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