Top 31 EdTech Unicorns in 2024
Updated:
January 22, 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.
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If you want to build the next unicorn in the EdTech space, these 31 companies should be your inspiration.
31 EdTech Unicorns Companies
Sheet
1,190 Unicorns
Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
1) 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 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 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 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 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 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 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 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 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.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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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.