What are the most valued startups in the EdTech market?

Last updated: 7 September 2026

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market research pitch 2026 statistics EdTech market

In our EdTech market deck, you will find everything you need to understand the market

The EdTech market includes some of the world's largest digital learning, tutoring, workforce training and education software companies.

Valuations range from multibillion-dollar public companies and private platforms to smaller businesses that have been sharply repriced since the pandemic.

We update this list every month to reflect new funding rounds, public market movements, acquisitions and other valuation signals.

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 valuable EdTech startup Handshake, $8.0B–$12.0B
Second most valuable EdTech startup Yuanfudao, $7.0B–$10.0B
Median EdTech valuation About $517M
EdTech valuation captured by top 10 About 48%
Top EdTech valuation vs. median About 19.4x
Median EdTech valuation-to-capital-raised ratio About 2.6x
EdTech startups valued at $1B+ 32
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

Top startups in the EdTech market ranked by valuation

Here is an updated table that ranks the top startups in the EdTech market based on their latest reported or estimated valuations.

If you want more details about their fundraising activity, you can check our list of the startups who have raised the most funding in the EdTech market.

# Startup Name What They Do Current Valuation ($) Valuation Confidence Level Valuation Type Evidence Status Total Funding ($) Funding Confidence Level
1 Handshake Career network and AI data $8.0B–$12.0B Partial Confidence Revenue or ARR Multiple Estimate Estimated $435M Not provided
2 Yuanfudao AI-powered K-12 learning platform $7.0B–$10.0B Partial Confidence Proxy-Based Estimate Estimated $4.044B Not provided
3 Duolingo Gamified language-learning platform $7.4B Full Confidence Public Market Cap Observed $183M Not provided
4 Zuoyebang K-12 homework and tutoring platform $4.0B–$6.0B Low Confidence Proxy-Based Estimate Estimated $3.435B Not provided
5 Articulate Workplace e-learning authoring software $3.8B–$4.6B Strong Confidence Revenue or ARR Multiple Estimate Estimated $1.5B Not provided
6 Physics Wallah Test prep and learning platform $3.5B Full Confidence Public Market Cap Observed $310M Not provided
7 Eruditus University-backed executive online education $2.9B–$3.3B Strong Confidence Announced Private Round Valuation Estimated $1.27B Not provided
8 Multiverse Enterprise AI and tech upskilling $2.1B Full Confidence Announced Private Round Valuation Observed $484M Not provided
9 MasterClass Celebrity-led online learning subscriptions $1.6B–$2.2B Partial Confidence Comparables-Based Estimate Estimated $500M Not provided
10 upGrad Higher education and professional upskilling $1.7B–$1.9B Strong Confidence Announced Private Round Valuation Estimated $806M Not provided
11 Squirrel AI AI-powered adaptive K-12 tutoring $1.0B–$2.5B Low Confidence Proxy-Based Estimate Estimated $128M Not provided
12 Changingedu K-12 tutoring marketplace $1.0B–$2.5B Low Confidence Proxy-Based Estimate Estimated $188M Not provided
13 Kahoot! Gamified learning and assessment platform $1.7B Full Confidence Acquisition Value Observed $39M Not provided
14 VIPKid Online English tutoring for children $1.2B–$2.0B Low Confidence Proxy-Based Estimate Estimated $975M Not provided
15 Course Hero Digital study resources marketplace $1.4B–$1.8B Partial Confidence Comparables-Based Estimate Estimated $477M Not provided
16 Guild Employer-funded education and career platform $1.3B–$1.8B Partial Confidence Comparables-Based Estimate Estimated $730M Not provided
17 Go1 Corporate learning content marketplace $1.3B–$1.8B Partial Confidence Comparables-Based Estimate Estimated $414M Not provided
18 iTutorGroup Online language and personalized tutoring $1.4B–$1.6B Partial Confidence Acquisition Value Estimated $315M Not provided
19 Kajabi Creator commerce and course platform $1.2B–$1.6B Partial Confidence Revenue or ARR Multiple Estimate Estimated $550M Not provided
20 Speak AI-powered language speaking tutor $1.2B–$1.6B Partial Confidence Comparables-Based Estimate Estimated $166M Not provided
21 Andela Global technology talent marketplace $1.2B–$1.5B Partial Confidence Proxy-Based Estimate Estimated $375M Not provided
22 Golden Education Finance and professional exam training $1.0B–$1.5B Partial Confidence Comparables-Based Estimate Estimated $150M Not provided
23 Avanse Education-focused lending and financing $1.1B–$1.4B Partial Confidence Comparables-Based Estimate Estimated ~$570M Not provided
24 Degreed Enterprise learning and skills platform $1.0B–$1.4B Partial Confidence Revenue or ARR Multiple Estimate Estimated $386M Not provided
25 Preply Online language tutoring marketplace $1.2B Full Confidence Announced Private Round Valuation Observed $320M Not provided
26 Hotmart Creator monetization and course platform $1.0B–$1.4B Strong Confidence Revenue or ARR Multiple Estimate Estimated $130M Not provided
27 KnowBox AI-assisted school homework platform $900M–$1.2B Partial Confidence Revenue or ARR Multiple Estimate Estimated $306M Not provided
28 Newsela Curriculum content for schools $900M–$1.2B Strong Confidence Comparables-Based Estimate Estimated $189M Not provided
29 GoGuardian K-12 classroom management software $900M–$1.2B Partial Confidence Comparables-Based Estimate Estimated $200M Not provided
30 Huohua Siwei Interactive math and thinking classes $800M–$1.2B Low Confidence Proxy-Based Estimate Estimated $590M Not provided
31 Hetao101 Coding education for children $800M–$1.2B Partial Confidence Comparables-Based Estimate Estimated $268M Not provided
32 BetterUp Enterprise coaching and development platform $900M–$1.1B Strong Confidence Comparables-Based Estimate Estimated $567M Not provided
33 Codemao Programming education for children $715M–$1.1B Partial Confidence Comparables-Based Estimate Estimated $360M Not provided
34 ApplyBoard International student recruitment platform $700M–$1.1B Partial Confidence Comparables-Based Estimate Estimated $554M Not provided
35 Babbel Subscription-based digital language learning $700M–$1.0B Partial Confidence Revenue or ARR Multiple Estimate Estimated $34M Not provided
36 Ruangguru Southeast Asian digital learning platform $700M–$1.0B Partial Confidence Revenue or ARR Multiple Estimate Estimated $213M Not provided
37 Quizlet AI-powered study and flashcards $700M–$1.0B Partial Confidence Revenue or ARR Multiple Estimate Estimated $62M Not provided
38 Leap Scholar International study and student finance $700M–$850M Partial Confidence Announced Private Round Valuation Implied ~$218M equity / $318M incl. debt Not provided
39 Age of Learning Digital learning for young children $600M–$900M Low Confidence Revenue or ARR Multiple Estimate Estimated $482M Not provided
40 HuJiang Languages and professional online learning $600M–$900M Low Confidence Proxy-Based Estimate Estimated $223M Not provided
41 Nearpod Interactive K-12 classroom lessons $650M Full Confidence Acquisition Value Observed $51M Not provided
42 Lingokids Educational entertainment app for children $500M–$750M Strong Confidence Implied Valuation from Raise Implied $182M Not provided
43 ClassDojo School-family communication platform $550M–$650M Strong Confidence Comparables-Based Estimate Estimated $222M Not provided
44 DataCamp Data and AI skills training $500M–$700M Strong Confidence Revenue or ARR Multiple Estimate Estimated $31M Not provided
45 Domestika Creative-skills online courses $450M–$700M Low Confidence Revenue or ARR Multiple Estimate Estimated $200M Not provided
46 Open English Online English-language instruction $500M–$600M Partial Confidence Proxy-Based Estimate Estimated $137M Not provided
47 LEAD School School curriculum and technology platform $450M–$650M Partial Confidence Revenue or ARR Multiple Estimate Estimated $182M Not provided
48 Platzi Latin American professional skills education $400M–$650M Low Confidence Comparables-Based Estimate Estimated $70M Not provided
49 Clever K-12 identity and learning platform $508M Full Confidence Acquisition Value Observed $43M Not provided
50 Outschool Live online classes for children $350M–$650M Low Confidence Revenue or ARR Multiple Estimate Estimated $240M Not provided
51 GoStudent Online and offline tutoring $350M–$550M Partial Confidence Revenue or ARR Multiple Estimate Estimated $780M Not provided
52 General Assembly Digital skills and workforce training $413M Full Confidence Acquisition Value Observed ~$120M Not provided
53 Paper 24/7 K-12 virtual tutoring $300M–$500M Low Confidence Comparables-Based Estimate Estimated $379M Not provided
54 Crehana Latin American workforce learning platform $300M–$500M Low Confidence Comparables-Based Estimate Estimated $99M Not provided
55 Lingoda Live online language classes $350M–$450M Strong Confidence Revenue or ARR Multiple Estimate Estimated $73M Not provided
56 Brainly AI-powered collaborative homework platform $320M–$480M Partial Confidence Revenue or ARR Multiple Estimate Estimated $149M Not provided
57 Codecademy Interactive programming and technical courses $390M Full Confidence Acquisition Value Observed ~$88M Not provided
58 Descomplica Brazilian online higher education $300M–$450M Low Confidence Comparables-Based Estimate Estimated $121M Not provided
59 Scaler Technology upskilling and degree programs $330M–$400M Partial Confidence Active Raise Valuation Implied ~$77M Not provided
60 Quizizz / Wayground Gamified classroom learning platform $300M–$400M Strong Confidence Revenue or ARR Multiple Estimate Estimated $47M Not provided
61 Huike Group University digital education solutions $250M–$450M Low Confidence Comparables-Based Estimate Estimated $63M Not provided
62 Panorama Education K-12 student data software $280M–$400M Partial Confidence Revenue or ARR Multiple Estimate Estimated $92M Not provided
63 Prodigy Education Game-based math and English learning $250M–$400M Low Confidence Comparables-Based Estimate Estimated $125M Not provided
64 Simplilearn Professional technology skills training $250M–$350M Partial Confidence Revenue or ARR Multiple Estimate Estimated $78M Not provided
65 Leverage Edu Overseas education and student mobility $280M–$320M Partial Confidence Active Raise Valuation Implied ~$73M Not provided
66 Cambly Live one-to-one English tutoring $250M–$350M Partial Confidence Comparables-Based Estimate Estimated $100M Not provided
67 Classplus Software platform for educators $200M–$320M Partial Confidence Revenue or ARR Multiple Estimate Estimated $159M Not provided
68 Skillshare Subscription creative-skills learning platform $200M–$300M Partial Confidence Revenue or ARR Multiple Estimate Estimated $117M Not provided
69 2U University online-program technology provider $180M–$300M Low Confidence Proxy-Based Estimate Estimated $107M Not provided
70 Riiid / Socra AI AI-powered personalized language learning $180M–$280M Partial Confidence Revenue or ARR Multiple Estimate Estimated $257M Not provided
71 Ubits Corporate learning platform for LatAm $170M–$280M Low Confidence Implied Valuation from Raise Implied $35M Not provided
72 Mathpresso (QANDA) AI-powered math learning platform $160M–$230M Partial Confidence Implied Valuation from Raise Implied $134M Not provided
73 Great Learning Professional and higher education courses $160M–$210M Partial Confidence Acquisition Value Estimated Bootstrapped / undisclosed Not provided
74 Sunstone Industry-linked higher education programs $140M–$200M Partial Confidence Implied Valuation from Raise Estimated ~$86M Not provided
75 DreamBox Learning Adaptive math and reading software $120M–$220M Low Confidence Comparables-Based Estimate Estimated $176M Not provided
76 CollegeDekho College discovery and admissions platform $150M–$180M Strong Confidence Announced Private Round Valuation Implied ~$78M Not provided
77 Vedantu Live K-12 online tutoring $125M–$200M Partial Confidence Revenue or ARR Multiple Estimate Estimated $333M Not provided
78 Springboard Mentor-led technology career training $120M–$200M Low Confidence Comparables-Based Estimate Estimated ~$66M Not provided
79 Adda247 Government exams and skills training $140M–$170M Partial Confidence Revenue or ARR Multiple Estimate Estimated ~$63M Not provided
80 Toppr K-12 learning and exam preparation $145M–$155M Strong Confidence Acquisition Value Observed ~$116M Not provided
81 Teachmint School management and classroom software $120M–$180M Partial Confidence Revenue or ARR Multiple Estimate Estimated $118M Not provided
82 Nerdy Live online tutoring marketplace $124M Full Confidence Public Market Cap Observed $107M Not provided
83 Newton School Technology education and career training $105M–$130M Partial Confidence Active Raise Valuation Estimated ~$31M Not provided
84 Cuemath Online mathematics tutoring for children $90M–$140M Partial Confidence Revenue or ARR Multiple Estimate Estimated ~$126M Not provided
85 Numerade Video and AI STEM tutoring $80M–$120M Partial Confidence Comparables-Based Estimate Estimated $26M Not provided
86 BYJU'S K-12 learning and exam preparation $50M–$150M Low Confidence Proxy-Based Estimate Estimated $6.083B Not provided
87 ELSA Speak AI English pronunciation coaching $85M–$95M Strong Confidence Comparables-Based Estimate Estimated $48M Not provided
88 Udacity Technology and AI career training $70M–$100M Low Confidence Acquisition Value Estimated $236M Not provided
89 Extramarks Digital learning solutions for schools $45M–$75M Low Confidence Revenue or ARR Multiple Estimate Estimated ~$44M Not provided
90 ClassIn Interactive virtual classroom platform $35M–$70M Low Confidence Revenue or ARR Multiple Estimate Estimated $265M Not provided
91 Labster Virtual science laboratory simulations $35M–$50M Partial Confidence Comparables-Based Estimate Estimated $147M Not provided
92 17 Education & Technology School SaaS and learning services $21M Full Confidence Public Market Cap Observed $385M Not provided
93 Yunxuetang (YXT.COM) Corporate digital learning software $17M Full Confidence Public Market Cap Observed $397M Not provided
94 DaDa One-to-one children's English tutoring $14M–$16M Partial Confidence Acquisition Value Implied $355M Not provided
95 Zhangmen Education Online K-12 tutoring services $10M–$12M Strong Confidence Acquisition Value Implied $873M Not provided
96 Doubtnut Photo-based homework help platform $9M–$11M Strong Confidence Acquisition Value Observed >$52M Not provided
Chart comparing the 2026 size of the EdTech market with other markets of similar size

This chart, featured in our EdTech market deck, compares the 2026 size of the EdTech market with other markets of similar size

Key valuation trends in the EdTech market

Insights

  • EdTech valuation is highly concentrated. The top 10 companies account for about 48% of the combined valuation represented in this ranking, even though the database includes 96 companies.
  • Duolingo's $7.4B public valuation is more than four times Kahoot!'s $1.7B acquisition value. Consumer language learning has produced much greater equity value at scale than classroom engagement software.
  • Physics Wallah has created about $11 of current market value for every $1 of disclosed funding. That makes Physics Wallah one of the most capital-efficient multibillion-dollar EdTech companies in the ranking.
  • Nearpod's $650M acquisition value was almost 13 times its $51M of disclosed funding, while Clever's $508M exit was almost 12 times its $43M funding base. Embedded K-12 software has produced strong strategic outcomes.
  • Hotmart's estimated $1.0B–$1.4B valuation compares with only $130M of funding. The ratio suggests that course distribution and creator monetization can scale with much less external capital than many tutoring businesses.
  • The contrast between successful EdTech software and distressed tutoring platforms is extreme. Zhangmen Education raised $873M but was valued at roughly $11M in its going-private transaction, implying almost complete destruction of invested capital.
  • General Assembly and Codecademy reached remarkably similar strategic exit values, $413M and $390M respectively. Established digital-skills platforms appear to have converged around a comparable acquisition value despite different histories.
  • The median company in this EdTech ranking is worth about $517M, while the midpoint of Handshake's valuation range is about $10B. The market leader is therefore valued at roughly 19 times the median company.
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

A few words about our methodology

As you can see, we built a database that ranks startups in the EdTech market based on their current valuation.

Estimating EdTech startup valuations is not always straightforward. Many education companies do not publicly disclose their valuation, and the available information can vary widely depending on the company and its stage.

To build this EdTech ranking, we applied a structured valuation methodology and cross-checked information across multiple reliable sources.

Whenever possible, we relied on direct disclosures. These include announced valuations from completed funding rounds, public filings for listed EdTech companies, or official acquisition prices.

When an EdTech company is publicly listed, we use its current market capitalization as the reference valuation.

If an education company was acquired and no independent valuation can reasonably be estimated today, we use the acquisition price as the main reference point.

When an EdTech startup recently raised capital but the valuation was not disclosed, we estimate the implied valuation using typical dilution levels for that stage of fundraising.

In some cases, we also estimate EdTech valuations using operating metrics such as revenue, ARR, paid users, school penetration or customer traction, combined with valuation multiples from comparable companies.

When direct financial data is not available, we may rely on carefully selected comparable EdTech startups and other signals such as hiring growth, investor quality, product traction or geographic expansion.

All estimates follow a strict evidence hierarchy. Recent funding rounds with announced valuations carry the most weight, followed by strong operating metrics and comparable company analysis.

We also carefully evaluate the age of every data point. Recent information carries more weight, while older EdTech valuation data is treated cautiously and adjusted conservatively when necessary.

Whenever information is uncertain or incomplete, we clearly distinguish between confirmed facts and reasonable inferences.

Because private EdTech valuation data is not always fully public, each startup in the ranking is assigned a confidence level based on the reliability, recency and consistency of the available evidence.

Full confidence means the valuation is supported by strong and recent evidence. Strong confidence means the estimate is well supported but includes minor inference. Partial confidence means the estimate relies more heavily on indirect signals. Low confidence means available information is limited or inconsistent.

When confidence is lower, we take a more conservative approach by widening the valuation range. This helps reflect the uncertainty and increases the probability that the true valuation falls within the estimated range.

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 valuation estimate, 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 the projected CAGR of the EdTech market

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

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