Which startups have raised the most funding in the EdTech market?
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In our EdTech market deck, you will find everything you need to understand the market
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 |

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 |

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.

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.

This chart, featured in our EdTech market deck, shows why Duolingo is winning in EdTech
Related blog posts
- EdTech: what are the top startups?
- Which startups are the most valued in the EdTech market?
- How strong is fundraising in the EdTech market right now?
- A complete overview of funding deals in the EdTech market
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