Here is the latest data on “the business of education” for February 2018:

  • Amount of venture capital invested during the month: $$180.8 million
  • Number of investments: 19
  • Average investment size: $10 million / Median investment size: $6.8 million
  • Number of acquisitions: 7
  • Number of mergers: 0
  • Number of IPOs: 2
  • Number added to the “ed-tech dead pool”: 3

Investment Trends

It’s too early to say much about “what’s trending” in education, but I will note that tutoring companies have raised over $170 million so far this year – roughly a third of all the venture capital raised so far this year.

The Biggest Investments of 2018 (So Far)

The companies that have raised the most money in 2018 (not including the venture capital firms that have raised new funds):

  • Zhangmen (tutoring): $120 million
  • DadaABC (English language learning) : $100 million
  • Varsity Tutors (tutoring): $50 million
  • Singularity University (corporate training): $32 million
  • Area 9 Lyceum (adaptive learning): $30 million

Download the Data

As part of this project, you can review information from the last few years who’s received funding, who’s been acquired, who’s IPO’d, which startups have closed, and who’s investing in the stories that Edsurge tells you about the shape of the education technology industry.

I have created separate GitHub repositories for all areas of funding that I monitor:

These sites include human- and machine-readable versions of this funding data. For more ed-tech data sets, visit Hack Education Data on GitHub.

If you see an error or omission, please file a GitHub issue. You’re welcome to fork or download the repositories too, of course.

Audrey Watters


Who's Funding Education Technology?

A Hack Education Project

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