I have updated this project with November funding information. As always, the data is freely and openly available via the GitHub repository that powers this site.
The amount of money raised in November was the lowest of any month so far this year: just $85 million. I wrote almost the same sentence last month: “October was the lowest of any month so far this year: $111 million.” I’ll repeat this one from October too: “The number of deals and the number of acquisitions were also the lowest they’ve been all year.” That is to say, VC interest in education technology waned in October, and that trend has continues to spiral downward.
- Amount invested: $85,000,000
- Number of investments: 11
- Average investment size: $7,729,090 / Median: $4,000,000
- Number of acquisitions: 5
- Number of mergers: 0
This list of those ed-tech startups who’ve raised the most money this year remains unchanged from October’s update.
The total invested so far in 2016 is off significantly from this time last year. More analysis to come as I examine "The Business of Ed-Tech" next week as part of my annual year-in-review.