In December 2020, HolonIQ announced the annual Europe EdTech 100 — a list of the 100 most promising EdTech startups headquartered in Europe. As we open applications for our annual Europe EdTech 100, we take a look at where the 2020 cohort are now.
There are thousands of EdTech companies across Europe supporting learners, teachers, schools, institutions and companies to positively impact educational outcomes, support access to learning and increase the efficiency of educational processes and systems.
The HolonIQ Europe EdTech 100 recognises the most promising EdTech teams based across Europe excluding the Nordic-Baltic EdTech 50 and Russia and CIS EdTech 100. This annual list helps to surface the innovations occurring across this diverse set of markets, and the teams who are supporting institutions, teachers, parents and learners.
The Annual Europe EdTech 100 is focused on identifying young, fast growing and innovative learning and up-skilling start-ups based in the region. To be eligible, startups are generally less than 10 years old (though there are some exceptions), are either headquartered in Europe (see separate Russia & CIS EdTech 100, and Nordic-Baltic EdTech 50), or predominately focused on the market (e.g. > 80% revenue/customers, are pre exit (not acquired or listed) and not a subsidiary of a larger company or controlled by an investor group (e.g. via private equity buyout or controlling investment). Governments and the media, institutions and investors, schools and educators, influencers and talented leaders from across and around the world look to HolonIQ’s Europe EdTech 100 as the benchmark for education innovation in the region.
HolonIQ's Scoring Fingerprint
In 2020, HolonIQ’s Education Intelligence Unit evaluated over one thousand submissions from across Europe, powered by data and insights from our Global Intelligence Platform and local experts. Each organization was assessed using our proprietary scoring engine and following HolonIQ’s startup scoring rubric. Our normalization algorithm ensures that individual scoring bias is eliminated to create an equitable baseline and allows experts to review their own ‘scoring fingerprint’ relative to other experts. HolonIQ’s startup scoring rubric covers the following dimensions:
Market. The quality and relative attractiveness of the specific market in which the company competes.
Product. The quality and uniqueness of the product itself.
Team. The expertise and diversity of the team.
Capital. The financial health of the company and in particular its ability to generate or secure sufficient funding.
Momentum. Positive changes in the size and velocity of the company over time.