RECENT NOTABLE ACTIVITY – ED TECH

  • Nest Education, a Chain of blended learning centers, has raised $626K in Seed funding from Michael & Susan Dell Foundation and Anand Mahindra. Link
  • King Learning, an app based spoken English learning solution, has raised $2.5M in Series A funding from Michael & Susan Dell Foundation and Village Capital. Link
  • Tassl, a provider of mobile based alumni engagement tools for universities, has raised $635K in Seed funding from undisclosed investors. Link
  • Circledoo, an online community to share knowledge and experience, has raised $200K in Seed funding from undisclosed investors.Link
  • Awign, an online Job board for internships, has raised $140K in Angel funding from IIT Ropar. Link
  • BetterLesson, an online marketplace to share teaching content, has raised $5.4M in Series A funding from undisclosed investors. Link
  • Sumdog, a provider of adaptive learning games for grades K8, has raised $1.8M in PE funding from Nesta Impact Investments and Scottish Enterprise. Link
  • Cerebroz Edutree, a device to replace TV ads with educational content, has raised $734K in Angel funding from undisclosed investors.Link
  • CureFun, a virtual educational training platform for doctors, has raised $5.9M in Seed funding from undisclosed investors. Link
  • Game Plan, a cloud-based Student-athlete development platform, has raised $140K in Seed funding from undisclosed investors. Link
  • CareAcademy, a professional training provider for home caregivers, has raised $1.68M in Seed funding from Rethink Education, Lumina Foundation and Techstars Venture. Link
  • Zhongheedu, a legal education training and development platform, has raised $4.48M in Series A funding from Yonghua Capital. Link
  • Core Learning Exchange, a personalized learning platform for K-12, has raised $215K in Seed funding from undisclosed investors. Link
  • Mytonomy, an online patient education platform, has raised $5.2M in Series A funding from undisclosed investors. Link
  • Credly, a digital badge creation platform, has raised $4.5M in Series A funding from undisclosed investors. Link
  • Apogee, an on-campus residential network and video solutions provider, has raised an undisclosed amount as Conventional Debt from Citizens Commercial Banking. Link
  • Career Power, a coaching institute for government jobs, has raised an undisclosed amount in Conventional Debt from undisclosed investors. Link
  • Ardusat, a provider of DIY kits to perform space-related experiments, has raised $100K in Series A funding from undisclosed investors.Link
  • Heishehui, an online training platform for designers, has raised $1.49M in Series A funding from Capital Nuts. Link
  • 361 Degree Minds, a web based platform for online education, has raised $1.25M in Series A funding from CL Educate. Link
  • Emtrain, an online course provider for employee training, has raised an undisclosed amount in Series A funding from Dechatlon Capital.Link

SOME INTERESTING STARTUPS FOUND

M-Shule (2016, Nairobi) – a mobile-based adaptive learning platform operating in Kenya and Sub-Saharan Africa.

LEADER BOARD – ED TECH

Pre-K
Huivo (2011, Beijing, $47.3M) – Interactive teaching system, smart classes and a teaching app that aims to provide education solutions for kindergartens. Backed by TAL Education Group, YY and Fosun Kinzon Capital.
51110 (2011, Fuzhou, $30M) – Online platform which helps parents in monitoring their child in kindergarten schools. Backed by China equity.
Fancy Education (2014, Shanghai, $28.5M) – Educational products, which includes teaching management, handheld devices, kindergarten libraries. Backed by Amoeba Capital.
SavvySource (2008, SF, $28.4M) – Online community for parents of Pre-K kids, Backed by undisclosed investors.
Speakaboos (2008, NYC, $25.2M) – Subscription-based interactive storybooks, Backed by Advancit Capital, 212Media, KYOWON, KYOWON creative and Wellington Management.

K-12
EverFi (2008, Washington D.C., $251M) – Platform for teaching and certifying programs on critical skills. Backed by NEA, TomorrowVentures, Silicon Valley Bank, Allen & Company, Advance, Bezos Expeditions, Greenspring Associates, TPG, Rethink Education, Seavest Investment Group, Main Street Advisors, Rethink Impact and The Rise Fund.
Yuanfudao (2012, Beijing, $244.2M) – Online test preparation platform for K-12 students, Backed by IDG Capital Partners, Tencent, New Horizon Capital, K12, Matrix Partners China, Warburg Pincus and China Media Capital.
Byju’s Classes (2008, Bangalore, $244M) – Hybrid test preparation & learning platform. Backed by  Lightspeed Venture Partners, Sequoia Capital, IFC, Times Internet, Sofina, Aarin Capital, Tencent, Verlinvest, InnoVen Capital and Chan Zuckerberg Initiative.
Xuele Yunpingtai (2006, Hangzhou, $221.4M) – Cloud-based teaching platform. Backed by GSR Ventures, Haitong International Securities Group and Shenzhen GTJA Investment Group.
Knewton (2008, NYC, $157.3M) – Personalized adaptive learning platform. Backed by Accel Partners, First Round Capital, Bessemer Venture Partners, FirstMark Capital, Atomico, Founders Fund, Silicon Valley Bank, GSV Capital, Sofina, EDBI, Pearson, TAL Education Group and Mosaic Ventures.

Test Preparation
Huatu (2001, Beijing, IPO) – Tutoring platform having offline delivery centres. Backed by Fortune Venture capital.
Zhan (2010, Shanghai, $113M) – Online courses for students applying to overseas universities. Backed by Shunwei, GGVC, MCM China, Baifund, VKC Partners and Sequoia Capital.
Princeton Review (1981, NYC, $87M) – Online test preparation for higher education. Backed by Bain Capital Ventures, Reservoir Capital & Olympus Partners.
Varsity Tutors (2007, Washington D.C., $57M) – Offline and local tutoring and test preparation service. Backed by Technology Crossover Ventures.
Koolearn (2000, Beijing, $48.7M) – Online classes and training for various subjects. Backed by Tencent.

Higher Education
Blackboard (1997, Washington D.C., IPO, Acq.) – Learning management system for educators, corporates and public sectors. Went public in 2004. Acquired by Providence Equity Partners in 2011 for $1.64B.
2U (2008, Annapolis, IPO) – Virtual classroom platform provider for colleges and universities. Went public in 2014.
Instructure (2008, Salt Lake City, IPO) – Cloud-based learning management system for K-12 schools, universities and corporates. Went public in 2015.
Chegg (2005, Santa Clara, IPO) – Online tutoring and textbook rental company. Backed by Floodgate, Primera Capital, Insight Partners, KPCB, Foundation Capital, Lucasvg, Acegroup, Gabriel venture partners and GSV cap.
HotChalk (2004, Campbell, $245M) – Virtual classroom platform for universities. Backed by Bertelsmann and Peacock Equity.

Corporate Learning
Kaltura (2006, NYC, $160M) – Open source online video platform that allows companies to simplify the creation of video experiences via video management, publishing, and monetization tools. Backed by Nexus Venture Partners, 406 Ventures, Goldman Sachs, Intel Capital, Silicon Valley Bank, Nokia Growth Partners, Avalon Ventures, Mitsui Global Investment, ORIX, Commonfund, Gera Venture Capital, Luminari Capital and Sapphire Ventures.
Echo360 (2007, Dulles, $89.5M) – Online platform for the schools to upload their live lectures for free with full and unbound access to the students via multi-platform replay. Backed by Revolution, Court Square Ventures, Clark Enterprises, SCP Partners, Duchossois Capital Partners and Swan & Legend Venture Partners.
Grovo (2010, NYC, $73.3M) – SaaS-based learning management system for employee training. Backed by Accel Partners, Lead Edge Capital, SoftTech VC, Western Technology Investment, Costanoa Venture Capital, Red Swan Ventures, Industry Ventures, Milestone Venture Partners, Social Starts, Vayner/RSE, Lerer Hippeau Ventures and BoxGroup.
Catalant (2013, Boston, $73M) – On-demand management consulting service provider. Backed by Greylock Partners, Highland Capital Partners, General Catalyst Partners, Suffolk Equity Partners and GE Ventures.
Panopto (2007, Pittsburgh, $46.8M) – Digital media recording and content management company. Backed by Runa Capital, SaaS Capital, Sterling Partners, Square 1 Bank and Saturn Partners.

Continued Learning
Tedu (2002, Beijing, IPO) – Job-oriented live distance education, classroom-based tutoring and online learning courses for IT professional training. Went public in 2014.
Lynda (1995, Carpinteria, $289M, Acq.) – Online video courses in software, creative and business skills. Backed by Accel Partners, Spectrum Equity, Meritech Capital Partners and TPG Capital. Acquired by LinkedIn in 2015 for $1.5B.
Coursera (2012, CA, $210.1M) – Massive Open Online Courses (MOOC) provider. Backed by University of Pennsylvania, NEA, IFC, KPCB, Times Internet, GSV Capital, Learn Capital, Laureate, EDBI, California Institute of Technology, Designer Fund, GSV Asset Management and GSV Financial Group.
Pluralsight (2004, Cedar Valley, $205.4M) – Online video courses in programming and creative learning. Backed by Insight Venture Partners, Iconiq Capital, Felicis Ventures and Sorenson Capital.
Udemy (2010, SF, $173M) – Marketplace for online courses. Backed by 500 startups, MHS capital, Light Bank, Learn Capital, Insight Partners, New Venture Partners, Stripes Group and Naspers.
General Assembly (2011, NYC, $173M) – Online and offline courses in technology, business and design streams. Backed by Advance Publications, Wellington Capital Management, IVP, Learn Capital, Maveron, Rethink Education and GSV Capital.

Language Learning
51Talk (2011, Beijing, IPO) – Online English language learning platform providing one-to-one foreign language teacher service. Backed by DCM Ventures, Shunwei, Sequoia Capital, and Zhenfund. Went public in 2016.
TutorGroup (2004, Taiwan, $315M) – Online tutoring platform for learning English. Backed by Alibaba, Qiming Ventures, Temasek, Goldman Sachs, GIC, Russia-China Investment Fund, Silverlink Capital and Softbank Finance Group.
Hujiang (2001, Shanghai, $257M) – Language learning platform focussed on China. Backed by Baidu, Anhui new media, Marseille Fund, Softbank China, Pantheon Ventures and Hina.
VIPKID (2013, Beijing, $125M) – Online English tutoring platform. Backed by Sequoia Capital, Sinovation Ventures, YF Capital, Matrix Partners China, Northern Light Venture Capital and Bryent Stibel.
Open English (2006, Miami, $118M) – Online platform providing live English classes, Backed by Insight Venture Partners, Redpoint Ventures, Technology Crossover Ventures, Flybridge Capital Partners, Kaszek Ventures and Ideasy Capital.

Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.

For latest updates, visit the EdTech feed.

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