Global EdTech Unicorns

A unicorn startup or unicorn company is a private company with a valuation over $1 billion USD. Unicorns are ‘startups’, i.e they do not include post-exit, acquired or listed companies, nor do they include ‘mature’ incumbents. As of 10 June 2021, there are now 24 EdTech Unicorns around the world who have collectively raised over $16+ billion of total funding in the last decade and are now collectively valued at $72B+.

Zhangmen left the list in June 2021 via IPO, raising nearly $42 million at an implied $1.8 billion valuation.

Masterclass joined the list in May 2021, raising a $225M Series F.

Handshake joined the list in May 2021, raising a $80M Series E.

Outschool joined the list in April 2021, raising a $75M Series C.

Degreed joined the list in April 2021, raising a $153M Series D.

Coursera left the list in March 2021 via IPO, raising nearly $520 million at an implied $4.3 billion valuation and closing the day up 36%, giving Coursera a market cap of $5.9 billion at the end of its first day of trading.

Yunxuetang (云学堂) joined the list in March 2021, raising a $190M Series E.

Newsela joined the list in February 2021, raising a $100M Series D.