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HolonIQ’s annual list of the most innovative EdTech startupsin the Russia and CIS region.
26 August 2020
The Commonwealth of Independent States (CIS) is a regional intergovernmental organisation formed in 1991, composed of Azerbaijan, Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Uzbekistan, and Ukraine.
The region is recognised for deep tech leadership and the ecosystem of education & training for technology learning, from early years STEM, Coding and Robotics, through to tech upskilling in the workforce and new applications of virtual, augmented and simulated reality, illustrates the strong support for technology in learning across the region.
Language Learning, Tutoring, Test Prep and Online Higher Education are also well represented and become key to global reach and growth.
The HolonIQ Education Intelligence Unit evaluated 800+ organizations from the region powered by data and insights from our Global Intelligence Platform.
HolonIQ and select Russia-CIS market experts assessed each organization based on HolonIQ’s startup scoring rubric, which 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.
The 2020 Russia & CIS EdTech 100 represents the breadth and depth of the region’s ecosystem, with strong representation from both the K12 and Workforce sectors, where innovation is supporting Tech Upskilling, Language Learning as well as technology-led innovations in XR, Games and Simulations as well as STEAM and Coding. While all countries in the region have innovative solutions, Russia, Ukraine and Kazakhstan and Armenia are most well represented in the 2020 Russia & CIS EdTech 100.
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