In August 2020, HolonIQ announced the annual Russia & CIS EdTech 100 — a list of the 100 most promising EdTech startups headquartered in Russia & the CIS. As we open applications for our annual Russia and CIS EdTech 100, we take a look at where the 2020 cohort are now.
Russia and CIS countries are well known for deep tech capabilities, developed through its education system and the focus on STEM learning in early years and tech capabilities in adult up-skilling. However, technology innovation can be seen right across the education landscape from Language Learning, Tutoring, Test Prep and Online Higher Education through to applications of virtual reality, blockchain and artificial intelligence.
In August 2020, we set out to learn more about the work of EdTech teams in Russia and CIS countries and how they are impacting learners, institutions and economies in the region, and more broadly across Europe and globally. Identified by HolonIQ and local market experts the 2020 Russia & CIS EdTech 100 identifies the most promising EdTech teams headquartered in Russia and CIS countries.
The annual Russia and CIS EdTech 100 recognizes the most promising EdTech startups based in the region and shines a light on the innovations occurring across the market. Governments and the media, institutions and investors, schools and educators, influencers and talented leaders from across the CIS and around the world look to HolonIQ’s Russia and CIS EdTech 100 as the benchmark for education innovation in the region. Applications close 17 September 2021.
HolonIQ's Scoring Fingerprint
In 2020, HolonIQ’s Education Intelligence Unit evaluated 800+ submissions from across the CIS, 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.