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Top 26 Education Unicorn Companies in 2022

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Once a company crosses the $1 Billion mark, it becomes part of a rare and exclusive club: The Unicorn Club.

This next list contains 26 companies in the Education industry that have achieved a valuation of more than $1 billion dollars; or in other words, have reached a so-called “Unicorn” status.

26 Education Unicorns Companies

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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:

    $21.00

    B (

    July 2017

    )

  • Country:

    India

  • City:

    Bengaluru

  • Started in:

    2008

  • Founders:

    Byju Raveendran, Divya Gokulnath

  • Industries:

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

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $5,182.78M

  • Number of funding rounds:

    21

  • Number of investors:

    49

here

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:

    $4.50

    B (

    August 2016

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2013

  • Founders:

    Cindy Mi, Jessie Chen, Victor Zhang

  • Industries:

    E-Learning, Education, Internet, Online Portals, Primary Education

  • Number of employees:

    5,000-10,000

  • Funding Amount:

    $975.49M

  • Number of funding rounds:

    10

  • Number of investors:

    12

here

Articulate

Articulate

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

Details of the startup:

  • Valuation:

    $3.75

    B (

    July 2021

    )

  • Country:

    United States

  • City:

    New York

  • Started in:

    2002

  • Founders:

    Adam Schwartz

  • Industries:

    E-Learning, EdTech, Education, Software, Training

  • Number of employees:

    250-500

  • Funding Amount:

    $1,500.00M

  • Number of funding rounds:

    1

  • Number of investors:

    3

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:

    $3.75

    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:

    $376.50M

  • Number of funding rounds:

    7

  • Number of investors:

    25

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:

    $3.60

    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:

    $1,555.00M

  • Number of funding rounds:

    9

  • Number of investors:

    33

here

GoStudent

GoStudent

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

Details of the startup:

  • Valuation:

    $3.50

    B (

    June 2021

    )

  • Country:

    Austria

  • City:

    Vienna

  • Started in:

    2017

  • Founders:

    Felix Ohswald, Ferdinand von Hagen, Gregor Muller

  • Industries:

    EdTech, Education, Tutoring

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $684.79M

  • Number of funding rounds:

    8

  • Number of investors:

    13

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:

    $3.44

    B (

    September 2020

    )

  • Country:

    India

  • City:

    Bengaluru

  • Started in:

    2015

  • Founders:

    Gaurav Munjal, Hemesh Singh, Roman Saini, Sachin Gupta

  • Industries:

    E-Learning, EdTech, Education, Training

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $875.73M

  • Number of funding rounds:

    12

  • Number of investors:

    42

here

Eruditus Executive Education

Eruditus Executive Education

Eruditus provides global access to executive education programs.

Details of the startup:

  • Valuation:

    $3.20

    B (

    August 2021

    )

  • Country:

    India

  • City:

    Mumbai

  • Started in:

    2010

  • Founders:

    Ashwin Damera, Chaitanya Kalipatnapu

  • Industries:

    Continuing Education, EdTech, Education, Skill Assessment

  • Number of employees:

    500-1,000

  • Funding Amount:

    $593.46M

  • Number of funding rounds:

    7

  • Number of investors:

    13

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:

    $3.00

    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

  • Number of employees:

    100-250

  • Funding Amount:

    $240.02M

  • Number of funding rounds:

    6

  • Number of investors:

    14

here

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:

    $3.00

    B (

    May 2016

    )

  • Country:

    United States

  • City:

    Glendale

  • Started in:

    2007

  • Founders:

    Doug Dohring

  • Industries:

    E-Learning, EdTech, Education

  • Number of employees:

    500-1,000

  • Funding Amount:

    $542.41M

  • Number of funding rounds:

    5

  • Number of investors:

    5

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:

    $3.00

    B (

    May 2020

    )

  • Country:

    Canada

  • City:

    Kitchener

  • Started in:

    2015

  • Founders:

    Martin Basiri, Massi Basiri, Meti Basiri

  • Industries:

    EdTech, Education, Internet, PaaS, Sales Automation

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $479.91M

  • Number of funding rounds:

    9

  • Number of investors:

    22

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:

    $1,239.79M

  • Number of funding rounds:

    6

  • Number of investors:

    17

here

MasterClass

MasterClass

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

Details of the startup:

  • Valuation:

    $2.75

    B (

    May 2021

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2015

  • Founders:

    Aaron Rasmussen, David Rogier

  • Industries:

    EdTech, Education, Training

  • Number of employees:

    250-500

  • Funding Amount:

    $461.40M

  • Number of funding rounds:

    11

  • Number of investors:

    41

here

Fenbi Education

Fenbi Education

Fenbi provides vocational education examination services.

Details of the startup:

  • Valuation:

    $1.95

    B (

    February 2021

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2015

  • Founders:

    Zhang Xiaolong

  • Industries:

    EdTech, Education, Vocational Education

  • Number of employees:

    500-1,000

  • Funding Amount:

    $227.34M

  • Number of funding rounds:

    3

  • Number of investors:

    9

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:

    Shanghai

  • Started in:

    2014

  • Founders:

    Liu Changke

  • Industries:

    E-Learning, EdTech, Education, Mobile

  • Number of employees:

    100-250

  • Funding Amount:

    $188.00M

  • Number of funding rounds:

    5

  • Number of investors:

    7

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, Skill Assessment, Software

  • Number of employees:

    500-1,000

  • Funding Amount:

    $385.92M

  • Number of funding rounds:

    16

  • Number of investors:

    22

here

UpGrad

UpGrad

UpGrad is an online higher education platform providing various programs.

Details of the startup:

  • Valuation:

    $1.20

    B (

    August 2021

    )

  • Country:

    India

  • City:

    Mumbai

  • Started in:

    2015

  • Founders:

    Mayank Kumar, Phalgun Kompalli, Ravijot Chugh, Ronnie Screwvala

  • Industries:

    E-Learning, EdTech, Education

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $361.23M

  • Number of funding rounds:

    4

  • Number of investors:

    5

here

LEAD School

LEAD School

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

Details of the startup:

  • Valuation:

    $1.10

    B (

    January 2022

    )

  • Country:

    India

  • City:

    Andheri

  • Started in:

    2012

  • Founders:

    Smita Deorah, Sumeet Mehta

  • Industries:

    E-Learning, EdTech, Education, Secondary Education

  • Number of employees:

    500-1,000

  • Funding Amount:

    $166.00M

  • Number of funding rounds:

    5

  • Number of investors:

    3

here

Carson Group

Carson Group

Carson Group's companies cater to financial advisors and investors.

Details of the startup:

  • Valuation:

    $1.00

    B (

    July 2021

    )

  • Country:

    United States

  • City:

    Lincoln

  • Started in:

    1983

  • Founders:

    Ron Carson

  • Industries:

    Advice, Education, Financial Services, Marketing

  • Number of employees:

    100-250

  • Funding Amount:

    $217.01M

  • Number of funding rounds:

    1

  • Number of investors:

    1

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:

    $170.72M

  • Number of funding rounds:

    6

  • Number of investors:

    24

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:

    2005

  • Founders:

    Andrew Sutherland, David Margulius

  • Industries:

    E-Learning, EdTech, Education, Internet, Knowledge Management

  • Number of employees:

    100-250

  • Funding Amount:

    $62.00M

  • Number of funding rounds:

    3

  • Number of investors:

    7

here

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:

    $1.00

    B (

    May 2018

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2010

  • Founders:

    Alec Fang

  • Industries:

    E-Commerce, E-Learning, Education, Higher Education

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $63.00M

  • Number of funding rounds:

    4

  • Number of investors:

    5

here

HuJiang

HuJiang

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:

    $223.29M

  • Number of funding rounds:

    5

  • Number of investors:

    4

here

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:

    $1.00

    B (

    November 2015

    )

  • Country:

    China

  • City:

    Shanghai

  • Started in:

    1998

  • Founders:

    Eric Yang, Jerry Huang, Ming Yang

  • Industries:

    Consumer Software, E-Learning, Education, Internet, Language Learning

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $315.00M

  • Number of funding rounds:

    4

  • Number of investors:

    8

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, Wang Ke

  • Industries:

    Apps, Children, EdTech, Education, Mobile

  • Number of employees:

    250-500

  • Funding Amount:

    $2,200.00M

  • Number of funding rounds:

    6

  • Number of investors:

    9

here

Vedantu

Vedantu

Vedantu is an interactive online tutoring platform for students.

Details of the startup:

  • Valuation:

    $1.00

    B (

    September 2021

    )

  • Country:

    India

  • City:

    Bengaluru

  • Started in:

    2014

  • Founders:

    Anand Prakash, Pulkit Jain, Saurabh Saxena, Vamsi Krishna

  • Industries:

    E-Learning, EdTech, Education, Tutoring

  • Number of employees:

    500-1,000

  • Funding Amount:

    $306.38M

  • Number of funding rounds:

    10

  • Number of investors:

    11

here
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