Global EdTech Unicorns
25 July 2018 (Updated). Current Private Education Companies Valued at USD $1B+
11 June 2018
EdTech Unicorns
For a market forecast to be $10 trillion by 2030, education is arguably underweight compared to peer industries for Unicorns or private companies valued at $1B+ USD. Over 250 Unicorns exist around the world across all industries with education making up around ten overall on a like-for-like basis (Started in the prior decade or recently raising venture capital).
If you are looking for ‘Unicorn Elders’, more mature private companies valued at US$1B+, please keep reading and check out The Complete List of Global Education Stocks to find the 110 public education companies, many of whom have a market capitalization greater than US$1B as well.
5 Years of Unicorn Investment
Over US$3B has been invested in these 10 Unicorns over the last five years with China making massive investments over the period. US companies such as Pluralsight and Renaissance have graduated to join their listed or Unicorn Elder peers.
Unicorn Elders
In addition to the 10 EdTech Unicorns and 100 Global Education Stocks are a group of private education companies (not all strictly EdTech) that are valued at US$1B+.
The EdTech Unicorn List
| Company | Country | Cluster | Date | Round | Valuation | Comments |
| VIPKid | China | Language | Apr 2018 | Series D | $1.5B | – |
| 17zuoye (一起作业) | China | Tutoring | March 2018 | Series E | $1.0B | – |
| ByJu’s | India | Mobile | Aug 2017 | Growth | $1.0B | – |
| Yuanfudao | China | Tutoring | May 2017 | PE Round | $1.0B | – |
| Udemy | US | Proprietary Online | Jun 2016 | Series D | $1.0B | – |
| Age of Learning | US | Online Curriculum | May 2016 | Series A | $1.0B | – |
| iTutorGroup | China | Language | November 2015 | Series C | $1.0B | – |
| Udacity | US | Proprietary Online | Nov 2015 | Series D | $1.1B | – |
| HuJiang | China | Online Curriculum | October 2015 | Series D | $1.0B | – |
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