Byju’s is likely worth less than 10% of its last valuation of $22B
Based on an analysis of comparable company valuation data, the embattled India-based edtech unicorn might be worth less than $2B.
Education Tech
Employee upskilling and education platform Guild Education reaches $4.4B valuation. Guild’s 2020 revenue was $100M, and its competitors are Learn In, Career Karma, Udemy, and Coursera.
The company was previously valued at $3.8B in June 2021. Here are the top-line bullets you need to know.
Headless learning management system Odilo raises $64M. Odilo competitors in the broader company LMS space include WorkRamp, 360Learning, Mindtickle, and Instructure.
The funding will help Odilo expand into new markets in North America and Africa. Here are the top-line bullets you need to know.
Parallel Learning, a telepsychiatry service for children, raises $20M from investors including Tiger Global and Obvious Ventures. Parallel Learning competitors are ADHD Online and Array Behavioral Health.
The funding will help Parallel Learning fuel national expansion. Here are the top-line bullets you need to know.
High school- and university-focused virtual lab simulation provider Labster raises $47M from A16Z, Sofina Group, GGV, and Balderton. Labster competitors include LabInApp and PraxiLabs.
Labster will use the funding to expand its operations globally and hire more talent. Here are the top-line bullets you need to know.
Domestika Valuation Climbs To $1.3B For Its Online Course Marketplace For Creators. Domestika Competitors Include CreativeLive, Crehana, Maven, And Udemy.
This news comes on the heels of its Series D round. Domestika plans to use the funding to offer courses in additional languages. Here are the top-line bullets you need to know.
GoStudent Raises From Prosus At $3.5B Valuation — Its Competitors In The Student-Tutor Marketplace Business Include MyTutor, Preply, And Superprof
The funding will help GoStudent expand its offerings and prepare for an IPO. Here are the top-line bullets you need to know.
Career Karma, A Marketplace Connecting Employees To Job Training Programs, Raises Financing — Its Competitors Include Guild Education And Handshake
Career Karma aims to use the funding to expand into higher education. Here are the top-line bullets you need to know.
EverFi Acquired By Blackbaud For $750M — A 7.5x Trailing Price/Revenue Valuation Multiple
With the acquisition, Blackbaud expects to boost its revenue growth and pursue cross-sell and upsell opportunities. Here are the top-line bullets you need to know.
Codecademy Acquired By Skillsoft At A 12.5x Price/Revenue Valuation Multiple — Good News For Coderhouse, Dev.F, Udacity, And Its Other Competitors In The Programming Education Market
With the acquisition, Skillsoft plans to enhance its technical skills offering. Here are the top-line bullets you need to know.
Course Hero Hits $3.6B Valuation For Its Online Class Study Materials Technology. Competitors Include Studypool, Chegg, StuDocu, And Quizlet
This news comes on the heels of its Series C funding round. Course Hero plans to use the funds to develop resources for new subjects, grade levels, and geographies. Here are the top-line bullets you need to know.
LingoAce Raises $105M From Sequoia Capital India To Take On VIPKid’s LingoBus Service That Teaches Mandarin To Children
LingoAce plans to use the funding to support curriculum and product development. Here are the top-line bullets you need to know.
Chegg Acquires Busuu, An Online Language Learning Startup That Competes With Duolingo, Babble, And Memrise
The acquisition will help Chegg accelerate international expansion. Here are the top-line bullets you need to know.
SoftBank Group-Backed 360Learning, A Corporate Learning Platform, Raises $200M To Grow Its Global Presence
The funding will help 360Learning expand its workforce and accelerate R&D. Here are the top-line bullets you need to know.
Outschool Raises $110M To Develop Its Marketplace For Online After-School Classes
The funding brings Outschool to a $3B valuation and will help further fuel its global expansion. Here are the top-line bullets you need to know.
50+ Early-Stage Edtech Companies Transforming The Learning Experience
Market Map
From enterprise learning platforms to providers of remote learning support, we take a look at the early-stage edtech companies attracting investment and what this activity signals about shifts in the industry.
BYJU’s Acquires Coding Platform For Kids, Tynker, For $200M
As Byju’s' third acquisition in North America, this deal signals the company's growing presence in the region. Here are the top-line bullets you need to know.
The Future According To SoftBank
After suffering heavy losses in 2020, SoftBank Group has seen record profits in 2021 and is on pace to triple its investment volume this year. We take a look at where the investor is placing its bets on the future of technology.
This Temasek-Backed Edtech Startup Raised $185M To Fuel Its Acquisition Plans
The funding helps UpGrad achieve unicorn status at a valuation of $1.2B. Here are the top-line bullets you need to know.
This Owl Ventures-Backed Startup Raised $35M To Scale Its Online English Learning Platform
Novakid plans to use the funds to expand into Asian markets. Here are the top-line bullets you need to know.
This Temasek-Backed Company Raised $440M To Scale Its Edtech Platform
The funding helps Unacademy’s valuation hit the $3.44B mark. Here are the top-line bullets you need to know.
This IDG Capital-Backed Startup Raised $26M For Its STEM-Focused Edtech Platform
The funding helps Numerade’s valuation hit the $100M mark. Here are the top-line bullets you need to know.
This JMI Equity-Backed Startup Raised $50M For Its Corporate Training Platform
This funding will help OpenSesame to expand globally. Here are the top-line bullets you need to know.
Byju’s Acquired This Kids Reading App For $500M To Expand Its Edtech Platform
This acquisition will help Byju’s deepen its presence in the US. Here are the top-line bullets you need to know.