A unicorn startup or unicorn company is a private company with a valuation over $1 billion. As of January 2020, there are 14 EdTech Unicorns around the world who have collectively raised over $6.6 billion of total funding in the last decade.
|Company||Country||Cluster||Last Round Date||Last Round Type||Valuation|
|ByJu’s||India||Tutoring||Jul 2019||PE Round||$5.8B|
|VIPKid||China||Language||Sep 2019||Corporate Round||$4.5B|
|Yuanfudao||China||Tutoring||Dec 2018||Series F||$3.0B|
|Duolingo||United States||Language||Dec 2019||Series F||$1.5B|
|Guild Education||United States||UpSkilling||Nov 2019||Series D||$1.0B+|
|Knowbox||China||Tutoring||May 2019||Series D||$1.0B+|
|Coursera||United States||MOOC||Apr 2019||Series E||$1.0B+|
|iTutorGroup||China||Language||Feb 2019||Corporate Round||$1.0B|
|Zhangmen||China||Tutoring||Jan 2019||Series E||$1.0B+|
|Huike||China||OPM||May 2018||Series D||$1.0B|
|17zuoye (一起作业)||China||Tutoring||Mar 2018||Series E||$1.0B|
|Age of Learning||US||Online Curriculum||May 2016||Series A||$1.0B|
|Udacity||US||Proprietary Online||Nov 2015||Series D||$1.1B|
|HuJiang||China||Online Curriculum||Oct 2015||Series D||$1.0B|
Q1 2020 was one of the largest quarters in Global EdTech Venture Capital, boosted by Yuanfudao’s Mega $1B Series G.
Global EdTech Venture Capital will nearly triple over the next decade.
From zero to 400 players fueled by $1B+ of Venture Capital in a decade. Bootcamps are just getting started as the evolution of post-secondary education accelerates.