Mapping #edtech startups
The CB Insights newsletter is a must to subscribe to, and excellently put together by Anand Sawal - if you want to learn about a new sector or industry you have to check him out.
The Education Tech Map they created back in May is excellent; we are now working with a number of "edtech" clients so this was very helpful for research!
Here are some of the different sectors being innovated and disrupted:
Broad Online Learning Platforms – Perhaps ed tech’s most visible segment, these platforms like Coursera, Udemy, and Khan Academy host educational content covering a wide variety of subjects, generally geared toward individuals.
Learning-Management Systems – Digital platforms that help classroom teachers communicate with students, track assignments, and share content, with features like online discussion boards, text notifications, and parent check-ins. LMS represents one of the largest categories within ed tech, and includes startups like HotChalk, Remind, and Nearpod.
Early Childhood Education – Educational toys and games for small children. Speakaboos, with $24M in disclosed funding, produces interactive, digital storybooks for children.
Online-to-Offline – Digital platforms that connect students with live tutors or in-person programming. Beijing-based Gaosi Education, with $63M in disclosed funding, provides students with after-school tutoring.
School Administration – Tools for school administrators to support teachers, manage records, and implement school policy. Parchment, with $69M in disclosed funding, offers schools a software-as-a-service platform to manage electronic transcripts.
Next-Gen Schools – Startups aiming to reinvent the school experience. AltSchool, with $136M in disclosed funding, is building a network of K-8 schools. The Minerva Project and UniversityNow focus on new models for universities.
Curriculum Production – Digital platforms that produce and distribute educational content to schools, like Apex Learning.
Search – Helping students and parents research schools and their curricula. GreatSchools, with $27.5M in disclosed funding, offers information and parent ratings on public and private schools.
If you have an edtech business, talk to us about funding!
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