What are the most valued startups in the EdTech market?

Last updated: 13 July 2026

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

This regularly refreshed ranking tracks the most valuable startups in the EdTech market.

We update the list every month using public market values, funding announcements, acquisition prices, operating data and comparable company analysis.

The database covers 99 EdTech companies across digital learning, tutoring, language education, workforce training, school software and education finance.

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 Yuanfudao, $10.0B–$15.5B
Second most valuable EdTech startup Zuoyebang, $6.0B–$10.0B
Median EdTech startup valuation Approximately $500M
Share of EdTech valuation captured by the top 10 Approximately 48%
Top EdTech valuation vs. median Approximately 25.5 times
Median EdTech valuation-to-capital-raised ratio Approximately 3.2 times
EdTech startups valued at $1B+ 31
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 detaild 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 Yuanfudao AI tutoring platform $10.0B–$15.5B Partial Confidence Comparables-Based Estimate Estimated $3.5B Partial Confidence
2 Zuoyebang K-12 tutoring app $6.0B–$10.0B Partial Confidence Comparables-Based Estimate Estimated $3.0B Strong Confidence
3 Duolingo Gamified language learning app $6.0B Full Confidence Public Market Cap Observed $639M Full Confidence
4 Physics Wallah Affordable exam preparation $3.9B Full Confidence Public Market Cap Observed $682M Strong Confidence
5 Handshake Early-career recruiting network $3.2B–$4.5B Strong Confidence Revenue or ARR Multiple Estimate Estimated $431M Full Confidence
6 Articulate E-learning authoring software $3.3B–$4.0B Partial Confidence Revenue or ARR Multiple Estimate Estimated $1.5B Full Confidence
7 Course Hero Online study resources platform $3.0B–$3.8B Partial Confidence Revenue or ARR Multiple Estimate Estimated $478M Strong Confidence
8 VIPKid Online English tutoring $2.0B–$4.5B Partial Confidence Comparables-Based Estimate Estimated $1.8B Strong Confidence
9 Eruditus Executive education programs $2.8B–$3.2B Strong Confidence Announced Private Round Valuation Observed $741M Strong Confidence
10 GoStudent Online tutoring marketplace $2.4B–$3.4B Partial Confidence Comparables-Based Estimate Estimated $686M Strong Confidence
11 MasterClass Expert-led online classes $2.3B–$3.0B Partial Confidence Revenue or ARR Multiple Estimate Estimated $461M Full Confidence
12 Go1 Corporate learning content marketplace $1.8B–$2.5B Partial Confidence Revenue or ARR Multiple Estimate Estimated $430M Partial Confidence
13 Multiverse Apprenticeships and AI upskilling $2.1B Full Confidence Announced Private Round Valuation Observed $484M Full Confidence
14 Age of Learning Children’s digital learning apps $1.6B–$2.4B Partial Confidence Revenue or ARR Multiple Estimate Estimated $450M Strong Confidence
15 Kajabi Creator course commerce platform $1.6B–$2.2B Partial Confidence Revenue or ARR Multiple Estimate Estimated $550M Strong Confidence
16 Coursera Online courses and degrees $1.7B Full Confidence Public Market Cap Observed $927M Partial Confidence
17 Kahoot! Game-based learning quizzes $1.7B Strong Confidence Acquisition Value Observed $312M Strong Confidence
18 upGrad Online higher education $1.6B–$1.8B Strong Confidence Proxy-Based Estimate Observed $515M Partial Confidence
19 Outschool Live classes for children $1.4B–$2.2B Low Confidence Revenue or ARR Multiple Estimate Estimated $240M Full Confidence
20 Andela Global technical talent network $1.2B–$1.6B Partial Confidence Revenue or ARR Multiple Estimate Estimated $381M Partial Confidence
21 Guild Employer education benefits platform $1.2B–$1.5B Partial Confidence Revenue or ARR Multiple Estimate Estimated $554M Full Confidence
22 Avanse Financial Services Education-focused lending company $1.1B–$1.4B Partial Confidence Comparables-Based Estimate Estimated $352M Partial Confidence
23 ClassIn Virtual classroom SaaS $1.0B–$1.6B Partial Confidence Implied Valuation from Raise Implied $315M Strong Confidence
24 ClassDojo School-family communication platform $1.1B–$1.4B Strong Confidence Revenue or ARR Multiple Estimate Estimated $191M Strong Confidence
25 Preply Online language tutoring marketplace $1.2B Full Confidence Announced Private Round Valuation Observed $299M Partial Confidence
26 BetterUp Workforce coaching platform $1.0B–$1.2B Strong Confidence Revenue or ARR Multiple Estimate Estimated $570M Strong Confidence
27 Huike Group Higher-ed learning SaaS $800M–$1.4B Partial Confidence Revenue or ARR Multiple Estimate Estimated $420M Partial Confidence
28 Codemao Children’s coding education $800M–$1.3B Partial Confidence Implied Valuation from Raise Implied $395M Partial Confidence
29 Quizlet Flashcards and study tools $900M–$1.1B Strong Confidence Revenue or ARR Multiple Estimate Estimated $62M Full Confidence
30 Speak AI-powered language tutor $900M–$1.2B Strong Confidence Announced Private Round Valuation Estimated $162M Strong Confidence
31 Hotmart Creator course commerce platform $900M–$1.1B Partial Confidence Comparables-Based Estimate Estimated $130M Partial Confidence
32 HuJiang Language learning platform $600M–$1.0B Partial Confidence Comparables-Based Estimate Estimated $300M Partial Confidence
33 Knowbox K-12 digital education $600M–$1.0B Partial Confidence Comparables-Based Estimate Estimated $250M Low Confidence
34 Hetao101 Children’s coding courses $650M–$1.0B Partial Confidence Implied Valuation from Raise Implied $269M Strong Confidence
35 Babbel Subscription language learning platform $650M–$850M Partial Confidence Revenue or ARR Multiple Estimate Estimated $34M Partial Confidence
36 Leap Scholar Study abroad services $700M–$800M Strong Confidence Announced Private Round Valuation Observed $218M Strong Confidence
37 Vedantu Live online tutoring $750M–$900M Strong Confidence Proxy-Based Estimate Estimated $337M Strong Confidence
38 GoGuardian K-12 device management software $750M–$1.0B Partial Confidence Revenue or ARR Multiple Estimate Estimated $200M+ Partial Confidence
39 Prodigy Education Game-based K-12 learning $550M–$850M Partial Confidence Comparables-Based Estimate Estimated $125M+ Partial Confidence
40 Ruangguru Indonesian learning platform $500M–$800M Partial Confidence Implied Valuation from Raise Estimated $500M Strong Confidence
41 Lingokids Playlearning app for children $500M–$750M Partial Confidence Implied Valuation from Raise Implied $186M Partial Confidence
42 Great Learning Professional upskilling courses $600M Full Confidence Acquisition Value Observed $0M Full Confidence
43 Huohua Siwei Online math science tutoring $300M–$700M Low Confidence Comparables-Based Estimate Estimated $590M Partial Confidence
44 Golden Education Finance career education $350M–$700M Partial Confidence Proxy-Based Estimate Estimated $150M Partial Confidence
45 Riiid AI adaptive learning platform $450M–$650M Partial Confidence Revenue or ARR Multiple Estimate Estimated $247M Strong Confidence
46 Udemy Online course marketplace $650M–$850M Strong Confidence Acquisition Value Implied $695M Strong Confidence
47 LEAD School School learning system $550M–$800M Partial Confidence Revenue or ARR Multiple Estimate Estimated $172M Strong Confidence
48 Simplilearn Digital skills bootcamps $420M–$520M Partial Confidence Revenue or ARR Multiple Estimate Estimated $81M Strong Confidence
49 Teachmint Teaching infrastructure platform $430M–$500M Strong Confidence Proxy-Based Estimate Estimated $118M Full Confidence
50 Clever K-12 single sign-on platform $435M–$500M Strong Confidence Acquisition Value Observed $43M Full Confidence
51 DreamBox Learning Adaptive math and reading software $350M–$550M Low Confidence Comparables-Based Estimate Estimated $176M Partial Confidence
52 Classplus Coaching SaaS platform $500M–$650M Partial Confidence Revenue or ARR Multiple Estimate Estimated $249M Partial Confidence
53 Codecademy Interactive coding education $525M Full Confidence Acquisition Value Observed $83M Strong Confidence
54 General Assembly Workforce technology skills training $413M Full Confidence Acquisition Value Observed $119M Strong Confidence
55 iTutorGroup Online language tutoring $350M–$450M Partial Confidence Acquisition Value Observed $200M Low Confidence
56 Scaler Technology career upskilling programs $350M–$370M Partial Confidence Active Raise Valuation Observed $77M Full Confidence
57 Panorama Education Student support analytics software $300M–$450M Partial Confidence Comparables-Based Estimate Estimated $105M Strong Confidence
58 Newsela K-12 instructional content $300M–$700M Low Confidence Proxy-Based Estimate Estimated $173M Strong Confidence
59 Domestika Creative online learning community $300M–$500M Low Confidence Revenue or ARR Multiple Estimate Estimated $130M Strong Confidence
60 Leverage Edu Study abroad counselling $280M–$320M Partial Confidence Active Raise Valuation Observed $71M Partial Confidence
61 Squirrel AI AI adaptive tutoring $250M–$450M Low Confidence Comparables-Based Estimate Estimated $194M Partial Confidence
62 Lingoda Live online language classes $250M–$400M Partial Confidence Revenue or ARR Multiple Estimate Estimated $83M Strong Confidence
63 Unacademy Online test preparation platform $300M–$500M Strong Confidence Acquisition Value Estimated $880M Strong Confidence
64 Nearpod Interactive K-12 lesson platform $650M Strong Confidence Acquisition Value Observed $51M Partial Confidence
65 CollegeDekho College admissions platform $145M–$175M Strong Confidence Announced Private Round Valuation Implied $78M Partial Confidence
66 Cambly English tutor marketplace $220M–$300M Partial Confidence Comparables-Based Estimate Estimated $60M Partial Confidence
67 Seesaw Elementary classroom engagement platform $220M–$350M Low Confidence Proxy-Based Estimate Estimated $1M Low Confidence
68 Paper K-12 tutoring support platform $220M–$350M Low Confidence Comparables-Based Estimate Estimated $389M Partial Confidence
69 Brainly Peer homework help network $190M–$300M Partial Confidence Revenue or ARR Multiple Estimate Estimated $149M Strong Confidence
70 Adda247 Government exam preparation platform $180M–$240M Partial Confidence Implied Valuation from Raise Implied $65M Strong Confidence
71 Open English Live online English classes $180M–$280M Low Confidence Comparables-Based Estimate Estimated $120M Partial Confidence
72 Quizizz Gamified quizzes and lessons $180M–$280M Partial Confidence Comparables-Based Estimate Estimated $47M Strong Confidence
73 Cuemath Online math tutoring $160M–$230M Partial Confidence Comparables-Based Estimate Estimated $116M Strong Confidence
74 Degreed Enterprise upskilling platform $160M–$210M Partial Confidence Revenue or ARR Multiple Estimate Estimated $298M Strong Confidence
75 Platzi Latin American technology courses $170M–$260M Low Confidence Revenue or ARR Multiple Estimate Estimated $79M Strong Confidence
76 Mathpresso AI tutoring app QANDA $160M–$230M Partial Confidence Revenue or ARR Multiple Estimate Estimated $130M Partial Confidence
77 Nerdy Live online tutoring platform $180M Full Confidence Public Market Cap Observed $682M+ Strong Confidence
78 Skillshare Creative learning subscription platform $130M–$220M Low Confidence Revenue or ARR Multiple Estimate Estimated $109M Partial Confidence
79 Ubits Corporate digital training platform $130M–$190M Partial Confidence Revenue or ARR Multiple Estimate Estimated $33M Full Confidence
80 Toppr K-12 test preparation platform $150M Strong Confidence Acquisition Value Observed $109M Partial Confidence
81 ELSA Speak AI English pronunciation app $130M–$220M Partial Confidence Revenue or ARR Multiple Estimate Estimated $60M Strong Confidence
82 Crehana LatAm workforce learning platform $110M–$180M Low Confidence Comparables-Based Estimate Estimated $95M Strong Confidence
83 Descomplica Brazilian online exam preparation $90M–$150M Low Confidence Revenue or ARR Multiple Estimate Estimated $119M Strong Confidence
84 Extramarks Digital school learning content $90M–$130M Partial Confidence Revenue or ARR Multiple Estimate Estimated $44M Low Confidence
85 Sunstone Higher education programs $100M–$150M Partial Confidence Revenue or ARR Multiple Estimate Estimated $68M Full Confidence
86 Newton School Coding career programs $110M–$125M Strong Confidence Announced Private Round Valuation Observed $31M Full Confidence
87 DataCamp Data and AI skills training $100M–$180M Low Confidence Revenue or ARR Multiple Estimate Estimated $33M Partial Confidence
88 Numerade STEM video tutoring platform $90M–$140M Partial Confidence Comparables-Based Estimate Estimated $26M Full Confidence
89 Springboard Mentor-led technology bootcamps $80M–$140M Low Confidence Comparables-Based Estimate Estimated $69M Partial Confidence
90 Changingedu K-12 tutoring marketplace $70M–$130M Low Confidence Proxy-Based Estimate Estimated $188M Strong Confidence
91 Udacity Technology career learning platform $80M–$100M Partial Confidence Acquisition Value Implied $160M Strong Confidence
92 2U University online-program management $50M–$110M Low Confidence Proxy-Based Estimate Estimated $220M Strong Confidence
93 Labster Virtual science lab simulations $45M–$80M Low Confidence Revenue or ARR Multiple Estimate Estimated $147M Strong Confidence
94 BYJU’S Online learning platform $0M–$100M Low Confidence Proxy-Based Estimate Estimated $6.0B Strong Confidence
95 Yunxuetang Corporate learning SaaS $21M–$29M Strong Confidence Public Market Cap Observed $397M Strong Confidence
96 17 Education & Technology K-12 learning platform $20M–$30M Strong Confidence Public Market Cap Observed $873M Strong Confidence
97 Zhangmen Education Online tutoring services $0M–$30M Low Confidence Acquisition Value Estimated $300M Strong Confidence
98 Doubtnut AI doubt-solving app $10M Strong Confidence Acquisition Value Observed $49M Strong Confidence
99 DaDa Online English tutoring $0M Strong Confidence Proxy-Based Estimate Observed $300M Low Confidence
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

  • The 10 largest EdTech companies represent approximately 48% of the combined valuation in this ranking, showing that market value remains concentrated among a relatively small group of scaled platforms.
  • Duolingo and Physics Wallah have created about $9.9 billion of public value after raising approximately $1.3 billion combined, making both consumer EdTech platforms unusually capital efficient.
  • Quizlet’s estimated $1.0 billion midpoint is about 16 times its $62 million in funding, one of the strongest valuation-to-capital-raised ratios in the EdTech market.
  • Handshake’s estimated valuation midpoint is almost nine times its cumulative funding, suggesting that proprietary career data and recruiting network effects can support stronger economics than conventional course libraries.
  • ClassDojo and BetterUp have similar valuation midpoints, but BetterUp raised almost three times as much capital. The comparison highlights the efficiency of deeply embedded, product-led school networks.
  • Clever’s acquisition value was roughly 11 times its total funding, showing the strategic value of identity, access and distribution infrastructure that is already integrated across school systems.
  • Speak’s estimated valuation midpoint is about 6.5 times its funding. This result suggests that AI-native language learning products can scale more efficiently than tutor-led language marketplaces.
  • The gap between Physics Wallah’s $3.9 billion public value and Nerdy’s $180 million market capitalization shows how strongly investors distinguish profitable exam-preparation ecosystems from slower-growth tutoring platforms.
  • Yunxuetang and 17 Education raised about $1.3 billion combined, yet retain only around $50 million in public equity value. Listed EdTech companies can lose substantial value when growth and profitability weaken.
  • EdTech acquisition outcomes differ sharply by business model. Infrastructure and focused skills platforms such as Clever and Codecademy produced strong returns, while Doubtnut’s exit value equaled only about 20% of funding.
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 word 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, business model and funding stage.

To build this 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 and 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 estimate EdTech valuations using operating metrics such as revenue, ARR, subscribers, learners, enterprise customers or institutional partnerships. We then apply 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, user engagement, customer retention or product traction.

Different EdTech business models can support very different valuation multiples. Subscription software, school infrastructure, marketplaces, tutoring services, online degrees and education lenders cannot be valued in the same way.

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 information is treated cautiously and adjusted conservatively when necessary.

This is especially important in the EdTech market because many companies reached high valuations during the online-learning boom and later experienced slower growth, restructurings, acquisitions or significant valuation compression.

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

Because valuation data is not always fully public, each EdTech 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 reflects 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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