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The Founder's Handbook

Top 31 EdTech Unicorns in 2024

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The EdTech industry is filled with successful companies that have raised millions of dollars in VC funding that came from some of the top investors in the world.

Many of these successes have turned into unicorns — private companies worth over $1 billion.

If you want to build the next unicorn in the EdTech space, these 31 companies should be your inspiration.

31 EdTech Unicorns Companies

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2,189 Accelerators & Incubators

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1,016 Unicorns

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1,190 Unicorns

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250 FinTech Investors

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250 AI Investors

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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) 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: $4.40B (November 2019)
  • Country: United States
  • State: Colorado
  • City: Denver
  • Started in: 2015
  • Founders: Brittany Stich, Chris Romer, Rachel Carlson
  • Number of employees: 250-500
  • Funding: $376.50M
  • Funding rounds: 7
  • Number of investors: 25

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) GoStudent

GoStudent

GoStudent is a digital platform that connects students to teachers in a virtual learning environment.

Details of the startup:

  • Valuation: $3.50B (June 2021)
  • Country: Austria
  • City: Vienna
  • Started in: 2017
  • Founders: Felix Ohswald, Ferdinand von Hagen, Gregor Muller
  • Number of employees: 1,000-5,000
  • Funding: $684.79M
  • Funding rounds: 8
  • Number of investors: 13

You can find their website here.

7) 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.

8) Eruditus Executive Education

Eruditus Executive Education

Eruditus provides global access to executive education programs.

Details of the startup:

  • Valuation: $3.20B (August 2021)
  • Country: India
  • City: Mumbai
  • Started in: 2010
  • Founders: Ashwin Damera, Chaitanya Kalipatnapu
  • Number of employees: 500-1,000
  • Funding: $593.46M
  • Funding rounds: 7
  • Number of investors: 13

You can find their website here.

9) 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.

10) 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.

11) 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: $3.00B (May 2020)
  • Country: Canada
  • State: Ontario
  • City: Kitchener
  • Started in: 2015
  • Founders: Martin Basiri, Massi Basiri, Meti Basiri
  • Number of employees: 1,000-5,000
  • Funding: $479.91M
  • Funding rounds: 9
  • Number of investors: 22

You can find their website here.

12) 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.

13) MasterClass

MasterClass

MasterClass is a provider of an online education platform designed to offer video based vocational courses.

Details of the startup:

  • Valuation: $2.75B (May 2021)
  • Country: United States
  • State: California
  • City: San Francisco
  • Started in: 2015
  • Founders: Aaron Rasmussen, David Rogier
  • Number of employees: 250-500
  • Funding: $461.40M
  • Funding rounds: 11
  • Number of investors: 41

You can find their website here.

14) 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.

15) Kajabi

Kajabi

Kajabi offers a subscription service to people who want to monetize their expertise, offering tools for creating websites, online classes, newsletters, podcasts and collecting payment from members.

Details of the startup:

  • Valuation: $2.00B (May 2021)
  • Country: United States
  • State: California
  • City: Irvine
  • Started in: 2010
  • Founders: Kenny Rueter, Travis Rosser
  • Number of employees: 250-500
  • Funding: $550.00M
  • Funding rounds: 2
  • Number of investors: 6

You can find their website here.

16) Fenbi Education

Fenbi Education

Fenbi provides vocational education examination services.

Details of the startup:

  • Valuation: $1.95B (February 2021)
  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2015
  • Founders: Zhang Xiaolong
  • Number of employees: 500-1,000
  • Funding: $227.34M
  • Funding rounds: 3
  • Number of investors: 9

You can find their website here.

17) Multiverse

Multiverse

Multiverse is a technology startup that connects college graduates with apprenticeship opportunities.

Details of the startup:

  • Valuation: $1.70B (June 2022)
  • Country: United Kingdom
  • State: England
  • City: London
  • Started in: 2016
  • Founders: Euan Blair, Sophie Adelman
  • Number of employees: 101-250
  • Funding: $414.00M
  • Funding rounds: 5
  • Number of investors: 19

You can find their website here.

18) 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.

19) 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: $1.40B (April 2021)
  • Country: United States
  • State: California
  • City: Pleasanton
  • Started in: 2012
  • Founders: David Blake, David Wiley, Eric Sharp
  • Number of employees: 500-1,000
  • Funding: $385.92M
  • Funding rounds: 16
  • Number of investors: 22

You can find their website here.

20) 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.

21) 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.

22) 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.

23) 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.

24) apna

apna

Apna is a professional networking and job placement platform that assists blue-collar and gray-collar workers in locating communities and securing employment.

Details of the startup:

  • Valuation: $1.10B (September 2021)
  • Country: India
  • City: Bengaluru
  • Started in: 2019
  • Founders: Nirmit Parikh
  • Number of employees: 250-500
  • Funding: $192.50M
  • Funding rounds: 5
  • Number of investors: 8

You can find their website here.

25) Xiaoe Tech

Xiaoe Tech

Xiaoe Tech is a software-as-a-service education provider.

Details of the startup:

  • Valuation: $1.00B (June 2021)
  • Country: China
  • State: Guangdong
  • City: Shenzhen
  • Started in: 2015
  • Founders: Xiaoxing Fan
  • Number of employees: 11-50
  • Funding: $148.81M
  • Funding rounds: 4
  • Number of investors: 6

You can find their website here.

26) 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.

27) 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: $1.00B (May 2019)
  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2014
  • Founders: Jia Xiaoming, Liu Ye, Wang Ke
  • Number of employees: 250-500
  • Funding: $2,200.00M
  • Funding rounds: 6
  • Number of investors: 9

You can find their website here.

28) HuJiang

HuJiang

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

Details of the startup:

  • Valuation: $1.00B (October 2015)
  • Country: China
  • State: Shanghai
  • City: Shanghai
  • Started in: 2001
  • Founders: Cairui Fu
  • Number of employees: 1,000-5,000
  • Funding: $223.29M
  • Funding rounds: 5
  • Number of investors: 4

You can find their website here.

29) 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.

30) 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.

31) JoyTunes

JoyTunes

JoyTunes is a musical instrument teaching app that develops music learning software for anyone to learn to play a musical instrument.

Details of the startup:

  • Valuation: $1.00B (June 2021)
  • Country: Israel
  • City: Tel Aviv
  • Started in: 2011
  • Founders: Roey Izkovsky, Yigal Kaminka, Yuval Kaminka
  • Number of employees: 100-250
  • Funding: $91.50M
  • Funding rounds: 6
  • Number of investors: 16

You can find their website here.

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