Global EdTech Unicorns
The Complete List of Global EdTech Unicorns
6 May 2021
Global EdTech Unicorns
A unicorn startup or unicorn company is a private company with a valuation over $1 billion USD. As of 6 May 2021, there are now 23 EdTech Unicorns around the world who have collectively raised over $15+ billion of total funding in the last decade and are now collectively valued at $68B+.
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.
17zuoye left the list in December 2020 via IPO (NASDAQ:YQ), raising $290M and closing 2020 with a $2.4B Market Capitalization.
| Company | Country | Cluster | Last Round Date | Last Round Type | Valuation |
| Yuanfudao | China | Tutoring | Dec 2020 | $300M Series G Top Up | $15.5B |
| ByJu’s | India | Tutoring | Mar 2021 | $450M Series F | $13.0B |
| Zuoyebang | China | Tutoring | Dec 2020 | $1.6B Series E+ | $10.0B |
| VIPKid | China | Language | Sep 2019 | $150M VC/PE Round | $4.5B |
| Udemy | United States | Online Post Secondary/Skills | Mar 2021 | Series F Top Up | $3.3B |
| Duolingo | United States | Language | Nov 2020 | $35M Series H | $2.4B |
| Unacademy | India | Test Prep | Jan 2021 | $50M Top Up | $2.0B |
| Zhangmen | China | Tutoring | Oct 2020 | $400M Series E | $2.0B+ |
| Kajabi | United States | Learning Environment | May 2021 | $550M VC/PE Round | $2.0B+ |
| Degreed | United States | Upskilling | Apr 2021 | $153M Series D | $1.4B |
| ApplyBoard | Canada | International Recruitment | Sep 2020 | $55M Series C | $1.4B |
| Outschool | United States | Alternative Learning | Apr 2021 | $75M Series C | $1.3B |
| Course Hero | United States | Study Notes | Aug 2020 | $70M B+ Top Up | $1.1B |
| Yunxuetang | China | Corporate Learning | Mar 2021 | $190M Series E | $1.0B |
| Newsela | United States | Education Resources | Feb 2021 | $100M Series D | $1.0B |
| Quizlet | United States | Study Notes | May 2020 | $30M Series C | $1.0B |
| Guild Education | United States | Online Post Secondary/Employers | Nov 2019 | $157M Series D | $1.0B+ |
| Knowbox | China | Tutoring | May 2019 | $150M Series D | $1.0B+ |
| Udacity | United States | Online Post Secondary/Skills | Nov 2020 | $75M Debt Round | $1.1B |
| iTutorGroup | China | Language | Jul 2019 | Controlling Inv | $1.0B |
| Huike | China | Online Post Secondary | May 2018 | $200M Series D | $1.0B |
| Age of Learning | United States | Online Curriculum | May 2016 | $150M Series A | $1.0B |
| HuJiang | China | Online Curriculum | Oct 2015 | $157M Series D | $1.0B |
Request a Demo
HolonIQ is the world’s smartest source of education intelligence to power decisions that matter. Request a Demo of our Global Education Market Intelligence Platform.
Related Research
The Complete List of Global EdTech Unicorns
6 May 2021.The Complete List of Global EdTech Unicorns
Global EdTech Venture Capital Update – Q1 2020
31 March 2021.Q1 delivered nearly $4B of Global EdTech Venture Capital, on track to meet the 2020 record of $16.1B. The US has already deployed $1B for 2021, challenging the $2.5B total for 2020. Strong starts all around the world.
US EdTech. Late-Stage Venture Funding Deep Dive.
31 March 2021.The United States EdTech market has led a global wave to transform the way the world learns. Q1 2021 has seen a massive VC funding expansion in the US, already half of the 2020 funding total at the end of the first quarter.
The Complete List of Global HealthTech Unicorns
27 February 2021.The Complete List of Global HealthTech Unicorns