Education technology startups raised $172,150,000 in January. More than half that total was the $100,000,000 invested in homework help platform Xueba100.com.
The total for January was down by about $2 million from this time last year, and down by about half from January 2015 (a record-setting year for ed-tech investment). The size of the average investment was down by about $1 million. The number of deals – 22 – was up slightly from January 2016 when there were 17. There were 11 acquisitions in January; the same as last year.
It’s far too early to identify trends, although I can’t help but notice that a student loan startup, a tutoring startup, and two homework help startups raised money. Some things do not change…
As always the data for this project is freely available on GitHub.