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

  • Amount of venture capital invested during the month: $331 million
  • Number of investments: 18
  • Average investment size: $20.7 million / Median investment size: $4 million
  • Number of acquisitions: 13
  • Number of mergers: 1
  • Number of IPOs: 2
  • Number added to the “ed-tech dead pool”: 1

Investment Trends

Money continues to flow into ed-tech, although – as we have seen in the past few months – the amount of money is somewhat skewed by a handful of big deals. This month, there were two $100+ million deals – Knowbox and Connexeo – accounting for about two-thirds of the total amount of investment.

Also notable this month: two major acquisitions. One was a fire sale – Edmodo, which was sold for $137.5 million (of which just $15 million was cash) and General Assembly, which sold for a much more health $412 million.

The Biggest Investments of 2018 (So Far)

The companies that have raised the most money so far this year:

  • 17zouye (tutoring): $200 million
  • Zhangmen (tutoring): $120 million
  • Connexeo (school administration software): $110 million
  • DadaABC (English language learning): $100 million
  • Knowbox (tutoring): $100 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

Back to Archives