Which startups have raised the most funding in the EdTech market?

Last updated: 7 September 2026

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This constantly refreshed ranking tracks the most funded startups in the EdTech market, based on the cumulative amount of capital raised by each company.

The database covers 100 EdTech companies across K-12 learning, tutoring, language education, professional training, workforce learning, higher education, education infrastructure and other major segments.

We update this list every month so investors, founders and market researchers can follow new funding rounds, changes in company status and shifts in the EdTech funding landscape.

And if you want to better understand this new industry, you can download our pitch covering the EdTech market.

A quick summary table

Metric Value
Most funded EdTech startup BYJU'S, $4.6B
Second most funded EdTech startup Yuanfudao, $4.0B
Largest EdTech funding round Zuoyebang, $1.6B
Median EdTech startup funding $189M
Share of funding captured by the top 10 46.8%
Median time since last round About 5 years and 4 months
Startups that raised funding in the last 12 months At least 6
EdTech startups with at least $1B raised 5
EdTech startups with at least $500M raised 21
EdTech startups with 10 or more rounds 8
Chart showing annual VC investment in EdTech startups

This chart, featured in our EdTech market deck, shows annual VC investment in EdTech startups

Top startups in the EdTech market ranked by total funding raised

Here is an updated table that ranks the top startups in the EdTech market based on the total amount of funding they have raised to date.

The table also includes the total number of funding rounds, the date and size of the latest round, the financing type (e.g. Series A, equity financing), key investors, the startup’s current status (active, IPO, acquired, or shut down), and a confidence score based on the data collected (we excluded startups with very low data confidence, to make sure everything is reliable).

If you're interested in knowing how much these startups are worth, you can check our list of the top startups in the EdTech market ranked by valuation.

# Startup What They Do Total Raised ($) Total Rounds Last Round Date Last Round Amount ($) Last Round Type Key Investors Current Stage Confidence
1 BYJU'S Digital K-12 learning and tutoring $4.6B 25 February 2024 $200M Rights Issue Existing shareholders Shutdown Partial
2 Yuanfudao Chinese K-12 online learning platform $4.0B 11 December 2020 $300M Series G-IV Yunfeng Capital Active Full
3 Zuoyebang Homework help and online tutoring $2.9B 6 December 2020 $1.6B Series E-II Alibaba, SoftBank Vision Fund, Tiger Global Active Full
4 Articulate Corporate e-learning authoring and training $1.5B 1 July 2021 $1.5B Series A General Atlantic, Blackstone Growth, ICONIQ Growth Active Full
5 Eruditus Executive education and online learning $1.1B 6 October 2024 $150M Series F TPG Rise Fund, SoftBank, Accel Active Strong
6 VIPKid Live online English tutoring $975M 9 September 2019 $150M Series E Tencent Active Strong
7 Coursera University and professional online learning $962M 9 March 2021 $519M IPO Public-market investors IPO Strong
8 Zhangmen Education Online personalized K-12 tutoring $902M+ 8 October 2020 $400M Series F SoftBank Vision Fund, CPP Investments, CMC Capital Acquired Partial
9 Unacademy Exam preparation learning platform $900M 12 July 2021 $440M Series H Temasek, SoftBank, Tiger Global Active Full
10 17 Education & Technology K-12 digital learning and SaaS $841M 9 December 2020 $331M IPO Morgan Stanley, Goldman Sachs, BofA Securities IPO Strong
11 Duolingo Gamified language learning platform $704M 9 July 2021 $521M IPO Public-market investors IPO Strong
12 Udemy Marketplace for online skills courses $694M 9 October 2021 $421M IPO Public-market investors Acquired Strong
13 GoStudent Online one-to-one student tutoring $686M 6 January 2022 $340M Series D Prosus, SoftBank Vision Fund 2, Tencent Active Strong
14 Nerdy Live online tutoring and learning $682M+ 4 September 2021 $575M SPAC / PIPE TPG Pace, Franklin Templeton, Koch Industries IPO Partial
15 upGrad Professional upskilling education platform $675M 8 October 2024 $60M Equity Round Temasek Active Strong
16 Huohua Siwei Children's math and thinking courses $590M 9 January 2021 $150M Series E3 Trustbridge Partners, Tencent Active Strong
17 BetterUp Digital employee coaching and development $567M 5 October 2021 $300M Series E Wellington Management, ICONIQ Growth, Lightspeed Venture Partners Active Strong
18 Guild Employer-funded education and career mobility $554M 7 June 2022 $175M Series F Wellington Management, Bessemer Venture Partners, Felicis Active Full
19 Kajabi Creator courses and commerce platform $550M+ 1 May 2021 $550M Growth Equity Tiger Global, TPG, Tidemark Active Partial
20 2U Online university program technology services $537M 6 June 2018 $331M Post-IPO Equity Public-market investors Acquired Partial
21 Age of Learning Digital learning programs for children $500M 3 June 2021 $300M Series C / Growth Equity TPG, Madrone Capital Partners, Qatar Investment Authority Active Full
22 Multiverse Workforce AI and tech upskilling $484M 6 May 2026 $70M Growth Equity Schroders Capital, General Catalyst, Lightspeed Active Full
23 Course Hero Digital study resources and tutoring $476M 7 December 2021 $380M Series C Wellington Management, Sequoia, OMERS Active Strong
24 ApplyBoard International student recruitment marketplace $475M 6 June 2021 $300M Series D Ontario Teachers' Pension Plan, Fidelity, Harmonic Growth Partners Active Strong
25 MasterClass Celebrity-led online learning courses $461M 7 May 2021 $225M Series F Fidelity, Baillie Gifford, Eldridge Active Strong
26 Physics Wallah Affordable online exam preparation $446M 3 2024 $136M Equity Round Lightspeed, Hornbill Capital Active Strong
27 DaDa Online one-to-one English tutoring $436M 6 January 2019 $255M Series D Warburg Pincus, TAL Education, Yonghua Capital Acquired Partial
28 Handshake College career network and recruiting $434M 7 January 2022 $200M Series F Coatue, Valiant Peregrine Fund, Base10 Partners Active Strong
29 Yunxuetang / YXT Enterprise digital learning platform $401M 10 August 2026 $2M Registered Direct Offering Institutional investor IPO Strong
30 Paper K-12 on-demand academic support $390M+ 6 February 2022 $270M Series D Sapphire Ventures, SoftBank Vision Fund 2, IVP Active Partial
31 Go1 Enterprise learning content marketplace $386M 9 April 2023 $2M Venture Round Blue Cloud Ventures Active Partial
32 Andela Global technology talent marketplace $382M 6 September 2021 $200M Series E SoftBank Vision Fund 2, Whale Rock, Generation IM Active Strong
33 Codemao Children's coding and programming tools $361M 10 February 2021 Undisclosed Series D Extension OPPO Active Strong
34 HuJiang Online language and professional learning $334M 6 February 2019 $46M Series E Undisclosed Active Partial
35 ClassIn Interactive online classroom SaaS $330M 4 December 2020 $265M Series C GL Ventures, Tencent, SIG Active Partial
36 Kahoot! Game-based learning and quizzes $327M 7 October 2020 $215M Private Placement SoftBank Acquired Partial
37 Vedantu Live online tutoring platform $320M 10 February 2022 $2M Series E Extension Orios Venture Partners Active Strong
38 iTutorGroup Live online language education $315M+ 5 July 2019 Undisclosed Strategic Equity Ping An Acquired Partial
39 Knowbox Digital homework and learning tools $306M 6 May 2019 $150M Series D Alibaba, Yunfeng Capital, C Ventures Active Full
40 Degreed Enterprise skills and learning platform $295M 8 April 2021 $153M Series D Sapphire Ventures, Riverwood Capital, Owl Ventures Active Partial
41 Preply Marketplace for live language tutors $288M 6 January 2026 $150M Series D WestCap Active Strong
42 Avanse Education financing platform $270M 4 March 2024 $120M Private Equity Mubadala, Avendus Active Partial
43 Hetao101 / Walnut Programming AI-powered children's programming education $268M 5 March 2021 $200M Series C KKR, Hillhouse Capital, Source Code Capital Active Strong
44 Riiid AI-powered personalized learning test prep $247M 6 May 2021 $175M Series D SoftBank Vision Fund 2 Active Strong
45 Outschool Live online classes for children $240M 6 October 2021 $110M Series D Tiger Global, Lightspeed, Union Square Ventures Active Full
46 ClassDojo School-family communication learning platform $221M 6 September 2021 $125M Series D Tencent Active Strong
47 Ruangguru Indonesian digital learning platform $205M+ 5 April 2021 $55M Series D Tiger Global, GGV Capital Active Partial
48 Domestika Online courses for creative professionals $204M 4 January 2022 $110M Series D Zeev Ventures, GSV Ventures Active Strong
49 GoGuardian K-12 classroom management and safety $200M+ 2 August 2021 $200M Growth Equity Tiger Global Management Acquired Partial
50 Newsela Digital K-12 instructional learning content $189M 6 February 2021 $100M Series D Franklin Templeton, TCV, Owl Ventures Active Strong
51 Squirrel AI AI adaptive personalized learning platform $189M 5 October 2021 Undisclosed Series C Extension CITIC Capital, Greenland Group, Dongfang Guozi Active Partial
52 Changingedu Marketplace connecting students with tutors $188M 6 October 2017 $55M Series D ClearVue Partners, TAL Education, Trustbridge Partners Active Strong
53 Seesaw Elementary learning and family engagement $188M 3 October 2021 $175M Private Equity Providence Equity Partners Active Partial
54 DreamBox Learning Adaptive math and reading software $173M 5 July 2018 $130M Series C / Growth The Rise Fund Acquired Full
55 LEAD School School education technology platform $166M 5 2022 $100M Series E WestBridge Capital Active Strong
56 Speak AI-powered spoken language learning $162M 6 January 2025 <$1M Venture / Private Equity Flat Capital Active Partial
57 Udacity Online technology skills and training $160M 4 November 2015 $105M Series D Bertelsmann, Baillie Gifford, Emerson Collective Acquired Strong
58 Golden Education Finance and professional certification training $150M+ 6 March 2021 Undisclosed Series D Tianyi Capital Active Partial
59 Brainly AI tutoring and homework help $149M 6 December 2020 $80M Series D Learn Capital, Prosus Ventures, Runa Capital Active Full
60 Labster Virtual science laboratory simulations $147M 5 April 2022 $47M Series C Extension Sofina, Pirate Impact, Andreessen Horowitz Active Full
61 Prodigy Education Game-based math and English learning $140M 2 January 2021 $125M Series B TPG Growth, Canadian Business Growth Fund Active Strong
62 Mathpresso AI-powered personalized tutoring app $133M+ 8 September 2023 $8M Strategic Investment KT Corporation Active Strong
63 Open English Live online English language learning $132M 7 July 2026 $2M Venture / Unattributed Undisclosed investors Active Partial
64 Hotmart Creator courses and monetization platform $130M+ 4 March 2021 $130M Series C TCV, Alkeon Capital, General Atlantic Active Partial
65 Cuemath Online math learning platform $121M 6 May 2022 $57M Growth Equity Sequoia, Lightrock, Alpha Wave Active Full
66 Descomplica Brazilian online education and university $121M 10 January 2023 $6M Series E Extension Amadeus Capital Partners, Invus, Valor Capital Group Active Strong
67 General Assembly Digital skills training and education $120M 4 September 2015 $70M Series D Advance Publications, Wellington Management, IVP Acquired Full
68 Teachmint Teacher infrastructure SaaS platform $118M 5 October 2021 $78M Series B Rocketship.vc, Vulcan Capital Active Full
69 Skillshare Online creative skills learning community $109M+ 9 November 2020 Undisclosed Private Equity NewSpring Capital Active Partial
70 CollegeDekho College discovery marketplace $106M 10 December 2025 $10M Corporate Equity CarDekho Group Active Full
71 Toppr Online test preparation platform $102M 6 July 2020 $46M Series D Foundation Holdings, Kaizenvest Acquired Strong
72 Cambly Live English tutoring marketplace $100M 6 June 2022 $60M Series B/C Benchmark, Bessemer Venture Partners Active Partial
73 Classplus Coaching institute technology platform $97M 4 2022 $60M Series C Alpha Wave, RTP Global Active Strong
74 Panorama Education K-12 student success analytics platform $93M 6 September 2021 $60M Series C General Atlantic, Owl Ventures, Emerson Collective Active Strong
75 Crehana Digital and corporate skills training $89M+ 8 August 2021 $70M Series B General Atlantic, IFC, DILA Capital Active Partial
76 Codecademy Interactive online coding skills education $83M 4 February 2021 $40M Series D Owl Ventures, Prosus Ventures, Union Square Ventures Acquired Full
77 Lingoda Live online language school $83M+ 6 April 2021 $68M Growth Equity / Series C Summit Partners, Conny Boersch Active Partial
78 Springboard Mentor-led career and technology training $82M 7 July 2026 $9M Series B Extension Undisclosed investors Active Strong
79 Extramarks Digital learning solutions provider $80M+ 2 2022 $80M Growth Equity Bodhi Tree Systems Active Partial
80 Scaler Tech career learning platform $80M+ 3 2023 Undisclosed Growth Equity Sequoia, Tiger Global Active Partial
81 Leap Scholar Overseas education marketplace $77M+ 3 2025 $65M Growth Equity Steadview, Peak XV, Jungle Ventures Active Strong
82 Leverage Edu Study abroad guidance platform $73M 7 July 2023 $40M Series C Blume Ventures, ETS, DSG Active Strong
83 Platzi Latin American professional skills education $70M 4 December 2021 $62M Series B Prosus, Foundation Capital, Y Combinator Active Strong
84 Sunstone Higher education upskilling platform $68M 4 August 2022 $35M Series C WestBridge, Alteria Capital Active Strong
85 Adda247 Indian exam preparation learning platform $65M 5 October 2022 $35M Series C WestBridge Capital, Google, Info Edge Active Strong
86 Huike Group Higher-education technology and training $63M 4 August 2018 Undisclosed Series D China Oceanwide, New Dragon Holdings Active Partial
87 Quizlet Digital study and learning tools $62M 3 May 2020 $30M Series C General Atlantic, Costanoa Ventures, Icon Ventures Active Full
88 ELSA Speak AI English speaking and pronunciation $60M 5 September 2023 $23M Series C UOB Venture Management, Uni-President, DBJ Active Partial
89 Lingokids Educational play app for children $60M 6 June 2021 $40M Series C GP Bullhound, HV Capital, Ravensburger Active Partial
90 Doubtnut AI-assisted school tutoring platform $52M 5 April 2023 $3M Convertible Note / Series B Extension Peak XV Partners, Omidyar Network Acquired Full
91 Simplilearn Professional skills bootcamp platform $50M 4 2021 $20M Growth Equity Prosus, Kalaari Acquired Partial
92 Quizizz Gamified quizzes and classroom lessons $47M 4 June 2021 $32M Series B Tiger Global, Eight Roads Ventures, Nexus Venture Partners Active Strong
93 Clever K-12 identity and app platform $43M 4 December 2014 $30M Series B Lightspeed Venture Partners, Sequoia Capital, GSV Capital Acquired Full
94 Nearpod Interactive classroom lesson delivery $37M 4 March 2017 $21M Series B Insight Venture Partners, Reach Capital, GSV Acceleration Acquired Full
95 Great Learning Higher education online courses $35M 2 2020 $25M Series B Sequoia Capital India Acquired Partial
96 Babbel Subscription-based digital language learning $34M 4 July 2015 $22M Series C Scottish Equity Partners, NGP Capital, REV Active Strong
97 UBITS Corporate employee learning platform $33M 5 January 2022 $25M Series B Riverwood Capital, Owl Ventures, Endeavor Catalyst Active Strong
98 DataCamp Data and AI skills training $31M 6 December 2018 $25M Series A Spectrum Equity, Accomplice, Arthur Ventures Active Full
99 Newton School Coding education platform $31M 4 April 2022 $25M Series B Nexus Venture Partners Active Full
100 Numerade STEM video tutoring and study platform $26M+ 2 July 2021 $26M Series A IDG Capital, General Catalyst, Mucker Capital Active Partial
Market map chart showing top companies and startups in the EdTech market

This market map, featured in our EdTech market deck, highlights top companies and startups in the EdTech market

Key funding trends in the EdTech market

Insights

  • The 100 EdTech startups in this ranking have raised roughly $39.9B in identified funding, but the $189M median is less than half the roughly $399M average, showing how strongly mega-rounds distort the market.
  • The ten most funded EdTech companies account for approximately 46.8% of all identified capital in the ranking, so almost half of cumulative funding sits with only 10% of the companies examined.
  • BYJU'S, Yuanfudao and Zuoyebang alone account for about $11.5B, or nearly 29% of identified EdTech funding, highlighting the exceptional scale reached by large K-12 platforms during the previous investment cycle.
  • Only five EdTech companies in the ranking have crossed $1B in cumulative funding, while 21 have raised at least $500M, showing how quickly the market narrows at the highest levels of capitalization.
  • The median startup last raised capital around May 2021, roughly five years and four months ago, which shows how much today's EdTech funding leaderboard still reflects the 2020 and 2021 investment boom.
  • Recent funding is increasingly visible in professional education, workforce learning and language technology, with Multiverse, Preply, Springboard and Open English all recording new financing activity during 2026.
  • Articulate is an unusual EdTech funding outlier because the company's single $1.5B Series A represents its entire identified funding history, showing how growth equity can create a top-ranked company without repeated venture rounds.
  • Repeated access to institutional capital still matters. Eight EdTech companies completed at least ten rounds, including BYJU'S, Yuanfudao, Unacademy, Yunxuetang, Codemao, Vedantu, Descomplica and CollegeDekho.
Google Trends chart showing rising interest in online learning

As this chart shows, and as featured in our EdTech market deck, online search interest in online learning has grown significantly

A few word about our methodology

As you can see, we built a database that ranks startups in the EdTech market based on their total cumulative fundraising. To create this ranking, we reviewed many sources and cross-checked information across multiple places.

Whenever possible, we prioritized official company communications, since they are the most reliable source for funding amounts. When those were not available, we relied on reputable industry sources such as TechCrunch, Crunchbase, Financial Times or Forbes (to name a few).

We excluded random blogs, unverified websites, and any sources that could not be validated.

When EdTech funding rounds were announced in other currencies such as euros, Swiss francs, Singapore dollars, Australian dollars, or rupees, we converted them into approximate USD equivalents for consistency.

Sometimes different sources report slightly different numbers, or the exact round size is not fully disclosed. In those cases, we flag the uncertainty and assign a confidence label to each startup, visible in the last column.

Here is what they mean.

Full confidence: The company’s equity fundraising history can be reconstructed completely from public sources. The rounds, dates, amounts, and key investors are clearly identified, with no meaningful gaps.

Strong confidence: The fundraising history is largely complete and reliable. There may be a small missing detail, such as incomplete investor information or a minor round with limited data, but the overall record is clear.

Partial confidence: The main fundraising rounds can be identified, but the record is incomplete or somewhat mixed. Some rounds may be missing or certain funding events may be difficult to separate clearly.

Low confidence: Public information is too limited, inconsistent, or ambiguous to reliably reconstruct the company’s equity fundraising history.

When the confidence level is too low, we take a conservative approach and exclude the company from the ranking. We don’t want to include data that cannot be reliably verified.

This reflects how we conduct all our research, including the work behind our report covering the EdTech market.

In a world where LLMs hallucinate and unreliable information is everywhere, our goal is simple: provide data you can trust.

If you want the full detail on a specific calculation, feel free to contact us and we will gladly explain.

Finally, know that we update the dataset once per month, so come back here if you need fresh information.

Chart showing why Duolingo is winning in the EdTech market

This chart, featured in our EdTech market deck, shows why Duolingo is winning in EdTech

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