The Tracxn report on top business models in the edtech sector reveals substantial funding trends over the past year, totaling approximately $3.5 billion for K-12 edtech. Key players include Yuanfudao and Zuoyebang, which have raised significant amounts in various funding rounds. The document highlights investor activity and geographic funding distribution, with China dominating the landscape.

1. TRACXN TOP BUSINESS MODELS REPORT
February 26, 2021
EDTECH

2. EdTech - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
EdTech Funding - Overview 3
Top Funded Business Models 4
One pagers 9
Appendix 59
2

3. EdTech - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Funding in last 1 year
3
K-12 EdTech $10.4B
Test Preparation Tech $1.7B
Higher Education Tech $1.6B
Continued Learning $1.5B
Corporate Learning $1.4B
Pre-K EdTech $220M
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Y Combinator
Venture Catalysts
AngelList
18
7
6
Early
Stage
Rethink
Owl Ventures
Shunwei Capital
6
5
4
Late
Stage
Tencent
Owl Ventures
General Atlantic
12
9
5
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
China (59%)
United States (21%)
India (11%)
Canada (3%)
United Kingdom (2%)
Brazil (1%)
Germany (1%)
Others (3%)
$ Funding # Rounds
Zuoyebang
(2014, China)
$1.6B - Series E
Yuanfudao
(2012, China)
$1.2B - Series G
Yuanfudao
(2012, China)
$1.0B - Series G
Yuanfudao
(2012, China)
$1.0B - Series G
Zuoyebang
(2014, China)
$750M - Series E
BYJU'S
(2011, India)
$501M - Series H
Zhangmen
(2010, China)
$400M - Series F
Fenbi
(2012, China)
$390M - Series A
SoFi
(2011, United States)
$370M - Series G
Yuanfudao
(2012, China)
$300M - Series G
Wing-Owl Education
(2014, China)
$265M - Series C
ClassIn
(2014, China)
$265M - Series C

4. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1▲8
K-12 EdTech > B2C Learning Solutions > School
Curriculum > Multi Subject > Online Tutoring > ..
$3.5B 8 Yuanfudao | $1.2B | Series G Link
2▲28
K-12 EdTech > B2C Learning Solutions > School
Curriculum > Multi Subject > Online Tutoring > ..
$2.4B 2 Zuoyebang | $1.6B | Series E Link
3▼2 Online Self Paced Test Preparation Courses $1.4B 13 BYJU'S | $501M | Series H Link
4<> 0
K-12 EdTech > B2C Learning Solutions > School
Curriculum > Multi Subject > Online Tutoring
$720M 26 Zuoyebang | $1.6B | Series E Link
5▼2 Corporate Learning Platforms $421M 19 Coursera | $130M | Series F Link
6▲22
K-12 EdTech > B2C Learning Solutions > Art and
Craft > Online Courses
$290M 4 Meishubao | $210M | Series D Link
7--
K-12 EdTech > School IT > Learning Management
System
$274M 10 Wing-Owl Educ.. | $265M | Series C Link
8▲10
Corporate Learning > Learning Management System
> Multi Sector > Virtual Classroom Platform
$265M 2 ClassIn | $265M | Series C Link
9▲10 Coding Courses for Kids $264M 8 CodeMao | $198M | Series D Link
10▲76
K-12 EdTech > B2C Learning Solutions > School
Curriculum > Math > Online Tutoring
$221M 4 VIPThink | $180M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11▼4 Coaching Based Test Preparation Platforms $204M 5 Vedantu | $100M | Series D Link
12▲5
K-12 EdTech > B2C Learning Solutions > School
Curriculum > Multi Subject > Online Courses
$160M 15 Descomplica | $84.5M | Series E Link
13▼1
Corporate Learning > Networking Platforms >
Mentor Network
$153M 3 BetterUp | $125M | Series D Link
14▼3 Corporate LMS $145M 20 LearnUpon | $56.0M | Series A Link
15▲22
Higher Education Tech > Tech for Teachers >
Classroom Live Streaming
$130M 1 Top Hat | $130M | Series E Link
16▲11 Learning Management System for Sales Sector $122M 2 MindTickle | $100M | Series D Link
17--
K-12 EdTech > B2C Learning Solutions > Language
Learning > English > Online Tutoring
$120M 7 Palfish | $120M | Series C Link
18--
Higher Education Tech > College IT > Finance >
Student Financial Services
$120M 1 CampusLogic | $120M | Series D Link
19▲160 Digital Storybooks $116M 7 Learn With H.. | $50.0M | Series C Link
20▲13 K-12 EdTech > Online Learning Communities > Q & A $105M 2 Brainly | $81.0M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21▲3 K-12 EdTech > B2C Learning Solutions > News $100M 1 Newsela | $100M | Series D Link
22▲43
Higher Education Tech > B2C Learning Solutions >
Learning Resources > Diversified > Student C..
$73.6M 2 Course Hero | $70.0M | Series B Link
23▲18
K-12 EdTech > B2B2C Learning Solutions > School
Curriculum > Multi Subject > Activity Based L..
$72.6M 3 Labster | $60.0M | Series C Link
24▼9 Learning Content Management for Corporates $71.8M 19 eLearning Br.. | $38.0M | Series C Link
25▼2
Continued Learning > Professional > Educational
Resources > Academic Research > Research Mana..
$71.8M 3 Benchling | $50.0M | Series D Link
26▲30 Preschool Management Software $61.2M 5 Brightwheel | $55.0M | Series C Link
27-- K-12 EdTech > Tech for Teachers > Virtual Classroom $56.6M 6 Class | $30.8M | Series A Link
28▲16
K-12 EdTech > B2B2C Learning Solutions > School
Curriculum > Multi Subject > Online Tutoring
$54.4M 4 Riiid | $41.8M | Series C Link
29-- K-12 EdTech > K-12 ECommerce > School Supplies $48.5M 1 Trinity3 | $48.5M | Series C Link
30▲37
K-12 EdTech > B2C Learning Solutions > Diversified >
Online Tutoring
$48.3M 4 Outschool | $45.0M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31▲3
K-12 EdTech > B2C Learning Solutions > Language
Learning > Diversified > Activity Based Learn..
$45.0M 2 Duolingo | $35.0M | Series H Link
32--
K-12 EdTech > Tech for Teachers > Content
Management
$40.0M 3 Quizlet | $30.0M | Series C Link
33▲50 Online Schools $37.7M 3 Lead School | $28.0M | Series C Link
34▲76 K-12 EdTech > School Discovery $35.9M 3 Niche | $35.0M | Series C Link
35--
Higher Education Tech > Admissions Support for
Students > College Discovery > Listings > Revi..
$35.0M 1 Niche | $35.0M | Series C Link
36--
K-12 EdTech > School IT > Admin Solutions > Mobile
Device Management for Schools
$33.8M 2 Mosyle | $32.9M | Series B Link
37▼8 K-12 Learning Communities $31.1M 5 Brainly | $81.0M | Series D Link
38▲103 Interactive Learning Platforms $30.8M 4 Strivr | $30.0M | Series B Link
39▼25
Corporate Learning > Learning Platforms > IT >
Cybersecurity > Interactive Learning
$30.3M 5 RangeForce | $16.0M | Series A Link
40<> 0 Corporate Learning > Trainer Marketplace $30.0M 1 CoachHub | $30.0M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41--
K-12 EdTech > Assistive Tech for Differently Abled
Students > Autism > Online Speech Therapy
$27.0M 2 Presence Lea.. | $27.0M | Series D Link
42▲82
K-12 EdTech > Business Management Software for
Tutors > Virtual Classroom
$25.1M 8 Classplus | $10.2M | Series C Link
43▼38
K-12 EdTech > B2C Learning Solutions > Language
Learning > English > Online Tutoring > Crossb..
$24.6M 6 DaDaABC | $10.4M | Series D Link
44▲4 Industry Experts Marketplace for Corporates $24.3M 2 Lynk | $24.0M | Series C Link
45▲5
K-12 EdTech > B2C Learning Solutions > School
Curriculum > Math > Online Tutoring > AI Based ..
$23.0M 1 Photomath | $23.0M | Series B Link
46▲18 Higher Education Tech > Digital Textbooks $22.7M 3 BibliU | $12.0M | Series A Link
47▲59
Higher Education Tech > Admissions Support for
Students > Loans > Student Aid Application
$22.5M 2 Mos | $17.5M | Series B Link
48▲27
Corporate Learning > Learning Platforms >
Functional Skills > Interactive Learning > Soft Ski..
$20.6M 2 Mursion | $20.0M | Series B Link
49▲29 K-12 EdTech > Tutor Discovery $20.4M 7 GoStudent | $9.3M | Series A Link
50--
K-12 EdTech > Tech for Teachers > Professional
Development Solutions > Online Courses
$20.0M 2 Knowledgehook | $20.0M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
K-12 EdTech > B2C Learning Solutions > School Curriculum >
Multi Subject > Online Tutoring > Subscription
01
9
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$3.5B (▲2217%)
8(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$4.3B
21
1
90
2
K-12 EdTech (Kahoot)
(# Cos: 12199 | $27.8B)
B2C Learning Solutions (Duolingo)
(# Cos: 3769 | $17.5B)
School Curriculum (Vedantu)
(# Cos: 2714 | $14.0B)
Multi Subject (Unacademy)
(# Cos: 2309 | $13.6B)
Online Tutoring (Varsity Tutors)
(# Cos: 537 | $9.6B)
Subscription (Ruangguru)
(# Cos: 90 | $4.3B)
Ruangguru
(2014, Indonesia, $150M)
Cluey
(2018, Australia, $22.1M)
Yuanfudao
(2012, China, $4.0B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Yuanfudao (2012, China)
$1.2B - Series G - Aug 2020
Yuanfudao (2012, China)
$1.0B - Series G - Oct 2020
Yuanfudao (2012, China)
$1.0B - Series G - Mar 2020
Yuanfudao (2012, China)
$300M - Series G - Dec 2020
Qin1 (2019, India)
$400K - Seed - Jan 2021
Qin1 (2019, India)
$343K - Seed - Apr 2020
Qin1 (2019, India)
$300K - Seed - Apr 2020
View all 8 Funding Rounds on Tracxn Platform

10. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
K-12 EdTech > B2C Learning Solutions > School Curriculum >
Multi Subject > Online Tutoring > Homework Help
02
10
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$2.4B (▲6614%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$3.1B
33
-
116
3
K-12 EdTech (Kahoot)
(# Cos: 12199 | $27.8B)
B2C Learning Solutions (Duolingo)
(# Cos: 3769 | $17.5B)
School Curriculum (Vedantu)
(# Cos: 2714 | $14.0B)
Multi Subject (Unacademy)
(# Cos: 2309 | $13.6B)
Online Tutoring (Varsity Tutors)
(# Cos: 537 | $9.6B)
Homework Help (Snapask)
(# Cos: 116 | $3.1B)
Snapask
(2015, China, $50.0M)
Zuoyebang
(2014, China, $2.9B)
TutorMundi
(2015, United States, $890K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zuoyebang (2014, China)
$1.6B - Series E - Sep 2020
Zuoyebang (2014, China)
$750M - Series E - Jun 2020

11. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Online Self Paced Test Preparation
Courses
03
11
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$1.4B (▲69.2%)
13( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$3.4B
48
-
306
8
Test Preparation Tech (Toppr)
(# Cos: 1603 | $4.6B)
Digital Learning (BYJU'S)
(# Cos: 1479 | $4.5B)
Diversified (Vedantu)
(# Cos: 406 | $4.3B)
Self-Paced (Unacademy)
(# Cos: 306 | $3.4B)
Unacademy
(2015, India, $354M)
BYJU'S
(2011, India, $2.3B)
Toppr
(2013, India, $107M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
BYJU'S (2011, India)
$501M - Series H - Sep 2020
Fenbi (2012, China)
$390M - Series A - Feb 2021
BYJU'S (2011, India)
$200M - Series H - Nov 2020
Unacademy (2015, India)
$154M - Series F - Sep 2020
BYJU'S (2011, India)
$122M - Series G - Aug 2020
Toppr (2013, India)
$46.9M - Series D - Jul 2020
BYJU'S (2011, India)
$23.0M - Series G - Jun 2020
View all 13 Funding Rounds on Tracxn Platform

12. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
K-12 EdTech > B2C Learning Solutions > School Curriculum >
Multi Subject > Online Tutoring
04
12
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$720M (▲178%)
26(▲62.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$9.6B
130
1
537
20
K-12 EdTech (Kahoot)
(# Cos: 12199 | $27.8B)
B2C Learning Solutions (Duolingo)
(# Cos: 3769 | $17.5B)
School Curriculum (Vedantu)
(# Cos: 2714 | $14.0B)
Multi Subject (Unacademy)
(# Cos: 2309 | $13.6B)
Online Tutoring (Varsity Tutors)
(# Cos: 537 | $9.6B)
Varsity Tutors
(2007, United States, $107M)
Lido
(2019, India, $19.1M)
Ruangguru
(2014, Indonesia, $150M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zuoyebang (2014, China)
$1.6B - Series E - Sep 2020
Yuanfudao (2012, China)
$1.2B - Series G - Aug 2020
Yuanfudao (2012, China)
$1.0B - Series G - Oct 2020
Yuanfudao (2012, China)
$1.0B - Series G - Mar 2020
Zuoyebang (2014, China)
$750M - Series E - Jun 2020
Zhangmen (2010, China)
$400M - Series F - Oct 2020
Yuanfudao (2012, China)
$300M - Series G - Dec 2020
View all 26 Funding Rounds on Tracxn Platform

13. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Corporate Learning Platforms
05
13
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$421M (▲32%)
19(▲11.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
35
$2.2B
150
6
450
23
Corporate Learning (Kahoot)
(# Cos: 3383 | $7.6B)
Learning Platforms (Pluralsight)
(# Cos: 1401 | $3.7B)
Functional Skills (upGrad)
(# Cos: 591 | $2.3B)
Courses (Udemy)
(# Cos: 450 | $2.2B)
Udemy
(2010, United States, $373M)
upGrad
(2015, India)
Simplilearn
(2009, United States, $33.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Coursera (2012, United Kingdom)
$130M - Series F - Jul 2020
Udemy (2010, United States)
$100M - Series F - Nov 2020
Udemy (2010, United States)
$50.0M - Series F - Nov 2020
Degreed (2012, United States)
$47.6M - Series D - Nov 2020
Go1 (2015, Australia)
$40.0M - Series C - May 2020
Degreed (2012, United States)
$32.0M - Series C - Jun 2020
Cool College (2017, China)
$14.9M - Series A - Oct 2020
View all 19 Funding Rounds on Tracxn Platform

14. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
K-12 EdTech > B2C Learning Solutions > Art and
Craft > Online Courses
06
14
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$290M (▲625%)
4(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$375M
2
-
6
1
K-12 EdTech (Kahoot)
(# Cos: 12199 | $27.8B)
B2C Learning Solutions (Unacademy)
(# Cos: 3769 | $17.5B)
Art and Craft (BLVRD)
(# Cos: 9 | $380M)
Online Courses (Meishubao)
(# Cos: 6 | $375M)
Meishubao
(2014, China, $375M)
FoldApps
(2013, Germany)
Pratibha
(2018, India)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Meishubao (2014, China)
$210M - Series D - Dec 2020
Meishubao (2014, China)
$40.0M - Series C - Jul 2020
Meishubao (2014, China)
$40.0M - Series D - Feb 2021
VIPidea (2019, China)
Undisclosed - Angel - Jun 2020

15. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Wing-Owl Education (2014, China)
$265M - Series C - Nov 2020
Beijing HexFuture Tec.. (2016, China)
$4.2M - Series A - Apr 2020
Edsby (2010, Canada)
$4.0M - Series A - Sep 2020
KoolSkools (2019, United Kingdom)
$416K - Seed - Jul 2020
Illumnus (2018, India)
$100K - Angel - May 2020
Wuji Education Cloud (2018, China)
Undisclosed - Series A - Sep 2020
Wing-Owl Education (2014, China)
Undisclosed - Series B - Jul 2020
View all 10 Funding Rounds on Tracxn Platform
K-12 EdTech > School IT > Learning
Management System
07
15
Back to index
K-12 EdTech (Unacademy)
(# Cos: 12199 | $27.8B)
School IT (PowerSchool)
(# Cos: 4289 | $2.7B)
Learning Management System
(Schoology)
(# Cos: 457 | $876M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$274M ( -- )
10( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
30
$876M
99
5
457
11
Schoology
(2009, United States, $57.0M)
D2L
(1999, Canada, $159M)
Instructure
(2008, United States, $89.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

16. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Corporate Learning > Learning Management System > Multi
Sector > Virtual Classroom Platform
08
16
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$265M (▲327%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$469M
22
1
57
5
Corporate Learning (Pluralsight)
(# Cos: 3383 | $7.6B)
Learning Management System (D2L)
(# Cos: 1660 | $3.1B)
Multi Sector (Kahoot)
(# Cos: 1538 | $2.8B)
Virtual Classroom Platform
(EdCast)
(# Cos: 57 | $469M)
EdCast
(2013, United States, $128M)
CoSo Cloud
(2007, United States, $13.0M)
Webinar
(2008, Russia, $7.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ClassIn (2014, China)
$265M - Series C - Dec 2020
ClassIn (2014, China)
Undisclosed - Series B - Jul 2020

17. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Coding Courses for Kids
09
17
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$264M (▲348%)
8(▲60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$434M
24
-
41
4
K-12 EdTech (Unacademy)
(# Cos: 12199 | $27.8B)
B2B2C Learning Solutions (Nearpod)
(# Cos: 1187 | $4.2B)
Coding (Wonder Workshop)
(# Cos: 71 | $715M)
Online Courses (CodeHS)
(# Cos: 41 | $434M)
CodeHS
(2012, United States, $4.2M)
GameSalad
(2007, United States, $7.4M)
CodeMao
(2015, China, $359M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
CodeMao (2015, China)
$198M - Series D - Nov 2020
CodeMao (2015, China)
$35.3M - Series C - Apr 2020
Xiaomao Wang (2016, China)
$21.1M - Series B - Mar 2020
Prenda Code C.. (2013, United States)
$6.1M - Series A - May 2020
Codio (2013, United Kingdom)
$2.5M - Series A - May 2020
Doyobi (2020, Singapore)
$1.0M - Seed - Aug 2020
Code Planet (2017, China)
Undisclosed - Seed - Nov 2020
View all 8 Funding Rounds on Tracxn Platform

18. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
K-12 EdTech > B2C Learning Solutions > School Curriculum >
Math > Online Tutoring
10
18
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$221M (▲3191%)
4(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$358M
33
-
127
6
K-12 EdTech (Kahoot)
(# Cos: 12199 | $27.8B)
B2C Learning Solutions (Vedantu)
(# Cos: 3769 | $17.5B)
School Curriculum (Unacademy)
(# Cos: 2714 | $14.0B)
Math (Photomath)
(# Cos: 377 | $378M)
Online Tutoring (Cuemath)
(# Cos: 127 | $358M)
Cuemath
(2011, India, $67.2M)
Photomath
(2014, United States, $29.0M)
Desmos
(2011, United States, $5.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
VIPThink (2018, China)
$180M - Series C - Sep 2020
Cuemath (2011, India)
$40.0M - Series C - Dec 2020
Photomath (2014, United States)
$23.0M - Series B - Feb 2021
Cuemath (2011, India)
$1.2M - Series B - Jul 2020

19. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Coaching Based Test Preparation
Platforms
11
19
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$204M (▲17.9%)
5(▼16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$839M
29
1
98
6
Test Preparation Tech (Toppr)
(# Cos: 1603 | $4.6B)
Digital Learning (BYJU'S)
(# Cos: 1479 | $4.5B)
Diversified (Unacademy)
(# Cos: 406 | $4.3B)
Instructor-Led (Vedantu)
(# Cos: 98 | $839M)
Vedantu
(2011, India, $206M)
GradeUp
(2015, India, $16.9M)
Varsity Tutors
(2007, United States, $107M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Vedantu (2011, India)
$100M - Series D - Jul 2020
Descomplica (2011, Brazil)
$84.5M - Series E - Feb 2021
Vedantu (2011, India)
$12.7M - Series C - Apr 2020
Vedantu (2011, India)
$7.0M - Series C - Apr 2020
lingshiedu (2013, China)
Undisclosed - Series B - Oct 2020

20. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
K-12 EdTech > B2C Learning Solutions > School Curriculum >
Multi Subject > Online Courses
12
20
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$160M (▲132%)
15(▼31.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
17
$571M
177
2
895
15
K-12 EdTech (Kahoot)
(# Cos: 12199 | $27.8B)
B2C Learning Solutions (Duolingo)
(# Cos: 3769 | $17.5B)
School Curriculum (Vedantu)
(# Cos: 2714 | $14.0B)
Multi Subject (Unacademy)
(# Cos: 2309 | $13.6B)
Online Courses (Khan Academy)
(# Cos: 895 | $571M)
Khan Academy
(2008, United States)
Doubtnut
(2016, India, $44.4M)
Brilliant
(2012, United States, $3.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Descomplica (2011, Brazil)
$84.5M - Series E - Feb 2021
Beijing Le Le Gaoshan.. (2014, China)
$40.0M - Series C - Sep 2020
Doubtnut (2016, India)
$25.1M - Series B - Feb 2021
uLesson (2019, Nigeria)
$7.5M - Series A - Jan 2021
Primer (2020, United States)
$3.7M - Seed - May 2020
Wize (2017, Canada)
$3.0M - Seed - Jan 2021
Abwaab (2019, Jordan)
$2.4M - Seed - Mar 2020
View all 15 Funding Rounds on Tracxn Platform

21. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
BetterUp (2013, United States)
$125M - Series D - Feb 2021
Torch Labs (2017, United States)
$25.0M - Series B - Feb 2021
MentorcliQ (2012, United States)
$2.8M - Series A - Feb 2021
Corporate Learning > Networking
Platforms > Mentor Network
13
21
Back to index
Corporate Learning (Kahoot)
(# Cos: 3383 | $7.6B)
Networking Platforms (Fiverr)
(# Cos: 171 | $548M)
Mentor Network (BetterUp)
(# Cos: 70 | $331M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$153M (▲17.4%)
3(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$331M
30
-
70
4
BetterUp
(2013, United States, $267M)
Torch Labs
(2017, United States, $40.0M)
MentorCloud
(2013, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

22. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Corporate LMS
14
22
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$145M (▼2.4%)
20(▲5.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
47
$1.2B
177
8
861
31
Corporate Learning (Pluralsight)
(# Cos: 3383 | $7.6B)
Learning Management System (EdCast)
(# Cos: 1660 | $3.1B)
Multi Sector (Kahoot)
(# Cos: 1538 | $2.8B)
Horizontal (D2L)
(# Cos: 861 | $1.2B)
D2L
(1999, Canada, $159M)
Docebo
(2005, United States, $6.4M)
Instructure
(2008, United States, $89.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
LearnUpon (2010, Ireland)
$56.0M - Series A - Oct 2020
Skilljar (2013, United States)
$33.0M - Series B - Oct 2020
WorkRamp (2015, United States)
$17.7M - Series B - Dec 2020
Studytube (2010, Netherlands)
$11.3M - Series A - Jul 2020
eloomi (2015, Denmark)
$7.1M - Series A - Oct 2020
SelfStudy (2017, United States)
$3.6M - Series A - Nov 2020
Intelliboard (2015, United States)
$3.4M - Series A - May 2020
View all 20 Funding Rounds on Tracxn Platform

23. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Top Hat (2009, Canada)
$130M - Series E - Feb 2021
Higher Education Tech > Tech for Teachers >
Classroom Live Streaming
15
23
Back to index
Higher Education Tech (Course Hero)
(# Cos: 4932 | $10.3B)
Tech for Teachers (Mettl)
(# Cos: 264 | $1.0B)
Classroom Live Streaming (Top Hat)
(# Cos: 9 | $359M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$130M (▲465%)
1(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$359M
5
-
9
3
Top Hat
(2009, Canada, $200M)
Echo360
(2007, United States, $156M)
Vivi
(2015, Australia, $4.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

24. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Learning Management System for Sales
Sector
16
24
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$122M (▲205%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$260M
15
-
32
2
Corporate Learning (Pluralsight)
(# Cos: 3383 | $7.6B)
Learning Management System (Kahoot)
(# Cos: 1660 | $3.1B)
Sector Specific (Lessonly)
(# Cos: 122 | $277M)
Sales (MindTickle)
(# Cos: 32 | $260M)
MindTickle
(2011, United States, $181M)
Lessonly
(2012, United States, $36.3M)
Brainshark
(1999, United States, $23.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
MindTickle (2011, United States)
$100M - Series D - Nov 2020
Lessonly (2012, United States)
$22.0M - Series C - Mar 2020

25. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
K-12 EdTech > B2C Learning Solutions > Language Learning >
English > Online Tutoring
17
25
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$120M ( -- )
7( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$1.9B
41
2
105
11
K-12 EdTech (Kahoot)
(# Cos: 12199 | $27.8B)
B2C Learning Solutions (Unacademy)
(# Cos: 3769 | $17.5B)
Language Learning (Duolingo)
(# Cos: 413 | $2.3B)
English (Lingokids)
(# Cos: 213 | $2.0B)
Online Tutoring (Open English)
(# Cos: 105 | $1.9B)
Open English
(2007, United States, $119M)
51Talk
(2011, China, $90.0M)
NovaKid
(2018, United States, $6.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Palfish (2015, China)
$120M - Series C - Aug 2020
DaDaABC (2013, China)
$10.4M - Series D - Apr 2020
Shenzhen Youle Scienc.. (2018, China)
$10.0M - Series B - Feb 2020
NovaKid (2018, United States)
$4.3M - Series A - Dec 2020
iNSTRUCKO (2019, United Kingdom)
Undisclosed - Seed - Dec 2020
Whales English (2012, China)
Undisclosed - Series B - Jan 2021
Whale foreign teacher (2019, China)
Undisclosed - Series B - Jan 2021

26. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Higher Education Tech > College IT > Finance >
Student Financial Services
18
26
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$120M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$289M
5
1
9
1
Higher Education Tech (Top Hat)
(# Cos: 4932 | $10.3B)
College IT (Schoology)
(# Cos: 2028 | $3.4B)
Finance (Flywire)
(# Cos: 68 | $617M)
Student Financial Services
(CampusLogic)
(# Cos: 9 | $289M)
CampusLogic
(2011, United States, $197M)
Higher One
(2000, United States, $91.2M)
Reeher
(2002, United States, $603K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
CampusLogic (2011, United States)
$120M - Series D - Jul 2020

27. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Learn With Ho.. (2013, United States)
$50.0M - Series C - Sep 2020
Ivydad (2015, China)
$30.0M - Series B - Jan 2021
Epic (2013, United States)
$15.0M - Series D - Jun 2020
Mind Candy (2003, United Kingdom)
$12.0M - Series B - Apr 2020
BOOKR Kids (2015, Hungary)
$4.8M - Series A - Nov 2020
Kutuki (2017, India)
$2.2M - Seed - Feb 2021
BrainNow (2015, South Korea)
$1.7M - Series A - Aug 2020
Digital Storybooks
19
27
Back to index
Pre-K EdTech (Brightwheel)
(# Cos: 1225 | $1.5B)
B2C Learning Solutions (Lingokids)
(# Cos: 831 | $892M)
Digital Storybooks (Learn With Homer)
(# Cos: 184 | $396M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$116M (▲ >10K%)
7(▲600%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$396M
66
-
184
6
Learn With Homer
(2013, United States, $93.0M)
Novel Effect
(2015, United States, $4.3M)
Mind Candy
(2003, United Kingdom, $24.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

28. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Brainly (2009, United States)
$81.0M - Series D - Dec 2020
Brainly (2009, United States)
$23.7M - Series C - Sep 2020
K-12 EdTech > Online Learning
Communities > Q & A
20
28
Back to index
K-12 EdTech (Unacademy)
(# Cos: 12199 | $27.8B)
Online Learning Communities (Edmodo)
(# Cos: 192 | $568M)
Q & A (Brainly)
(# Cos: 24 | $174M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$105M (▲240%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$174M
6
-
24
1
Brainly
(2009, United States, $165M)
Scholr
(2015, India, $383K)
Socratic
(2013, United States, $7.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

29. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Newsela (2012, United States)
$100M - Series D - Feb 2021
K-12 EdTech > B2C Learning Solutions >
News
21
29
Back to index
K-12 EdTech (Kahoot)
(# Cos: 12199 | $27.8B)
B2C Learning Solutions (Unacademy)
(# Cos: 3769 | $17.5B)
News (Newsela)
(# Cos: 12 | $173M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$100M (▲98.9%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$173M
5
-
12
1
Newsela
(2012, United States, $173M)
KidzByte
(2018, India, $289K)
Press4kids
(2011, United States, $315K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

30. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Higher Education Tech > B2C Learning Solutions > Learning
Resources > Diversified > Student Created Content
22
30
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$73.6M (▲636%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$143M
28
-
100
3
Higher Education Tech (Top Hat)
(# Cos: 4932 | $10.3B)
B2C Learning Solutions (Varsity Tutors)
(# Cos: 862 | $458M)
Learning Resources (StudyBlue)
(# Cos: 383 | $276M)
Diversified (OpenClassrooms)
(# Cos: 266 | $263M)
Student Created Content (Course Hero)
(# Cos: 100 | $143M)
Course Hero
(2006, United States, $97.5M)
StudyBlue
(2008, United States, $22.1M)
StuDocu
(2013, Netherlands, $1.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Course Hero (2006, United States)
$70.0M - Series B - Aug 2020
Charly (2019, Germany)
$3.6M - Series A - Feb 2021

31. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
K-12 EdTech > B2B2C Learning Solutions > School Curriculum
> Multi Subject > Activity Based Learning > Virtual Labs
23
31
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$72.6M (▲241%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$107M
12
-
27
2
K-12 EdTech (Unacademy)
(# Cos: 12199 | $27.8B)
B2B2C Learning Solutions (Wonder Workshop)
(# Cos: 1187 | $4.2B)
School Curriculum (Houghton Mifflin Harcourt)
(# Cos: 875 | $3.1B)
Multi Subject (JumpStart)
(# Cos: 767 | $2.3B)
Activity Based Learning (Nearpod)
(# Cos: 280 | $976M)
Virtual Labs (Labster)
(# Cos: 27 | $107M)
Labster
(2011, United States, $100M)
Lab4U
(2013, Chile)
BlocksCAD
(2017, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Labster (2011, United States)
$60.0M - Series C - Feb 2021
Labster (2011, United States)
$9.0M - Series B - Aug 2020
Inspirit (2020, United States)
$3.6M - Seed - Jan 2021

32. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Learning Content Management for
Corporates
24
32
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$71.8M (▼17.2%)
19(▲5.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
22
$958M
181
4
456
30
Corporate Learning (Pluralsight)
(# Cos: 3383 | $7.6B)
Learning Management System (D2L)
(# Cos: 1660 | $3.1B)
Multi Sector (EdCast)
(# Cos: 1538 | $2.8B)
Content Management (Kahoot)
(# Cos: 456 | $958M)
Kahoot
(2012, Norway, $67.3M)
Disprz
(2015, United States, $7.6M)
Showpad
(2011, United States, $180M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
eLearning Bro.. (2009, United States)
$38.0M - Series C - May 2020
Talespin (2015, United States)
$15.0M - Series B - Mar 2020
Userlane (2015, Germany)
$11.3M - Series B - Jul 2020
Strigo (2015, Israel)
$8.0M - Series A - Jul 2020
Trivie (2011, United States)
$5.0M - Series B - Jul 2020
EduMe (2016, United Kingdom)
$5.0M - Series A - Jul 2020
Enduvo (2018, United States)
$4.0M - Seed - Apr 2020
View all 19 Funding Rounds on Tracxn Platform

33. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Continued Learning > Professional > Educational Resources >
Academic Research > Research Management
25
33
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$71.8M (▲40.4%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$172M
24
-
41
3
Continued Learning (Udemy)
(# Cos: 8916 | $10.3B)
Professional (Pluralsight)
(# Cos: 4880 | $6.1B)
Educational Resources (Mendeley)
(# Cos: 172 | $476M)
Academic Research (Academia)
(# Cos: 172 | $476M)
Research Management (Benchling)
(# Cos: 41 | $172M)
Benchling
(2012, United States, $114M)
Flywheel
(2015, United States, $29.7M)
Iris.Ai
(2015, Norway, $400K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Benchling (2012, United States)
$50.0M - Series D - May 2020
Flywheel (2015, United States)
$21.1M - Series B - Jan 2021
ReDWit (2019, South Korea)
$660K - Seed - Jun 2020

34. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Brightwheel (2014, United States)
$55.0M - Series C - Feb 2021
Connect Chil.. (2005, United Kingdom)
$5.4M - Series A - Jan 2021
Famly (2013, Denmark)
$411K - Seed - Aug 2020
Kinderpedia (2014, Romania)
$337K - Seed - Jun 2020
Clever Educat.. (2020, United States)
$30.5K - Seed - Sep 2020
Preschool Management Software
26
34
Back to index
Pre-K EdTech (Learn With Homer)
(# Cos: 1225 | $1.5B)
Pre K School IT (Procare Software)
(# Cos: 261 | $497M)
School Management Software
(Brightwheel)
(# Cos: 174 | $273M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$61.2M (▲385%)
5(▼37.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$273M
34
-
174
3
Brightwheel
(2014, United States, $88.8M)
Procare Software
(1992, United States)
Connect Childcare
(2005, United Kingdom, $5.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

35. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Class (1994, Germany)
$30.8M - Series A - Feb 2021
ClassEDU (2020, United States)
$16.0M - Angel - Sep 2020
WeSchool (2016, Italy)
$7.6M - Series A - Aug 2020
Ajenta (2013, United Kingdom)
$1.3M - Seed - Jul 2020
2be Live (2018, United States)
$950K - Seed - Jan 2021
Chengdu Online Fulcru.. (2019, China)
Undisclosed - Seed - Feb 2021
K-12 EdTech > Tech for Teachers >
Virtual Classroom
27
35
Back to index
K-12 EdTech (Unacademy)
(# Cos: 12199 | $27.8B)
Tech for Teachers (Kahoot)
(# Cos: 1212 | $1.1B)
Virtual Classroom (Impartus)
(# Cos: 30 | $81.2M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$56.6M ( -- )
6( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$81.2M
9
-
30
4
Impartus
(2013, India, $5.4M)
WeSchool
(2016, Italy, $7.6M)
WizIQ
(2007, India, $4.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

36. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
K-12 EdTech > B2B2C Learning Solutions > School Curriculum
> Multi Subject > Online Tutoring
28
36
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$54.4M (▲189%)
4( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$91.5M
9
-
19
3
K-12 EdTech (Unacademy)
(# Cos: 12199 | $27.8B)
B2B2C Learning Solutions (Wonder Workshop)
(# Cos: 1187 | $4.2B)
School Curriculum (JumpStart)
(# Cos: 875 | $3.1B)
Multi Subject (Nearpod)
(# Cos: 767 | $2.3B)
Online Tutoring (Riiid)
(# Cos: 19 | $91.5M)
Riiid
(2014, South Korea, $72.3M)
Camp K12
(2010, India, $4.0M)
GradeSlam
(2014, Canada, $9.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Riiid (2014, South Korea)
$41.8M - Series C - Jul 2020
GradeSlam (2014, Canada)
$7.5M - Series A - Mar 2020
Camp K12 (2010, India)
$4.0M - Seed - Apr 2020
Trilogy Mentors (2015, United States)
$1.1M - Seed - Jul 2020

37. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Trinity3 (2014, United States)
$48.5M - Series C - Oct 2020
K-12 EdTech > K-12 ECommerce > School
Supplies
29
37
Back to index
K-12 EdTech (Unacademy)
(# Cos: 12199 | $27.8B)
K-12 ECommerce (Kopykitab)
(# Cos: 120 | $289M)
School Supplies (Trinity3)
(# Cos: 44 | $52.5M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$48.5M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$52.5M
9
-
44
0
Trinity3
(2014, United States, $48.5M)
TeacherLists
(2012, United States)
School Notices
(2012, United Kingdom, $1.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

38. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
K-12 EdTech > B2C Learning Solutions >
Diversified > Online Tutoring
30
38
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$48.3M (▲404%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$59.4M
10
-
32
1
K-12 EdTech (Kahoot)
(# Cos: 12199 | $27.8B)
B2C Learning Solutions (Unacademy)
(# Cos: 3769 | $17.5B)
Diversified (Piggyride.in)
(# Cos: 105 | $104M)
Online Tutoring (Outschool)
(# Cos: 32 | $59.4M)
Outschool
(2015, United States, $55.0M)
Piggyride.in
(2019, India, $2.9M)
Yellow Class
(2020, India, $1.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Outschool (2015, United States)
$45.0M - Series B - Sep 2020
Piggyride.in (2019, India)
$1.9M - Seed - Jul 2020
Yellow Class (2020, India)
$1.3M - Seed - Nov 2020
BrightCHAMPS (2020, India)
$139K - Angel - Sep 2020

39. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
K-12 EdTech > B2C Learning Solutions > Language Learning >
Diversified > Activity Based Learning > Games
31
39
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$45.0M (▲47.4%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$185M
14
-
47
1
K-12 EdTech (Kahoot)
(# Cos: 12199 | $27.8B)
B2C Learning Solutions (Unacademy)
(# Cos: 3769 | $17.5B)
Language Learning (Open English)
(# Cos: 413 | $2.3B)
Diversified (Rosetta Stone)
(# Cos: 172 | $270M)
Activity Based Learning (Studycat)
(# Cos: 47 | $185M)
Games (Duolingo)
(# Cos: 47 | $185M)
Duolingo
(2011, United States, $183M)
Studycat
(1999, China)
Pili Pop
(2012, France, $129K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Duolingo (2011, United States)
$35.0M - Series H - Nov 2020
Duolingo (2011, United States)
$10.0M - Series G - Apr 2020

40. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Quizlet (2005, United States)
$30.0M - Series C - May 2020
ODILO (2011, United States)
$10.0M - Series B - Jul 2020
Box Wizard (2018, China)
Undisclosed - Seed - Jan 2021
K-12 EdTech > Tech for Teachers >
Content Management
32
40
Back to index
K-12 EdTech (Unacademy)
(# Cos: 12199 | $27.8B)
Tech for Teachers (Quizlet)
(# Cos: 1212 | $1.1B)
Content Management (Kahoot)
(# Cos: 240 | $243M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$40.0M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$243M
98
2
240
5
Kahoot
(2012, Norway, $67.3M)
Quizlet
(2005, United States, $62.0M)
GoNoodle
(2012, United States, $5.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

41. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Lead School (2012, India)
$28.0M - Series C - Aug 2020
Valenture In.. (2019, United Kingdom)
$7.0M - Series A - Sep 2020
Sora Schools (2018, United States)
$2.7M - Seed - Oct 2020
Online Schools
33
41
Back to index
K-12 EdTech (Unacademy)
(# Cos: 12199 | $27.8B)
New Age Schools (K12)
(# Cos: 59 | $302M)
Online (Lead School)
(# Cos: 50 | $129M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$37.7M (▲439%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$129M
14
1
50
4
Lead School
(2012, India, $39.4M)
K12
(1999, United States)
American Academy
(2007, United States, $11.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

42. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
K-12 EdTech > School Discovery
34
42
Back to index
K-12 EdTech (Unacademy)
(# Cos: 12199 | $27.8B)
School Discovery (Niche)
(# Cos: 176 | $89.3M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$35.9M (▲965%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$89.3M
21
-
176
3
Niche
(2002, United States, $44.6M)
Edukasyon.ph
(2015, Philippines, $3.4M)
Noodle Education
(2010, United States, $36.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Niche (2002, United States)
$35.0M - Series C - Apr 2020
Schola (2017, United States)
$865K - Seed - Dec 2020
Edukasyon.ph (2015, Philippines)
Undisclosed - Series A - Sep 2020

43. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Higher Education Tech > Admissions Support for Students >
College Discovery > Listings > Reviews
35
43
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$35.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$53.1M
24
-
90
1
Higher Education Tech (Top Hat)
(# Cos: 4932 | $10.3B)
Admissions Support for Students (SoFi)
(# Cos: 920 | $4.2B)
College Discovery (ApplyBoard)
(# Cos: 427 | $314M)
Listings (CollegeDekho.com)
(# Cos: 352 | $82.3M)
Reviews (Niche)
(# Cos: 90 | $53.1M)
Niche
(2002, United States, $44.6M)
Unigo
(2008, United States, $3.2M)
CollegeSearch
(2010, India, $390K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Niche (2002, United States)
$35.0M - Series C - Apr 2020

44. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
K-12 EdTech > School IT > Admin Solutions >
Mobile Device Management for Schools
36
44
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$33.8M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$54.5M
7
-
18
1
K-12 EdTech (Unacademy)
(# Cos: 12199 | $27.8B)
School IT (PowerSchool)
(# Cos: 4289 | $2.7B)
Admin Solutions (Clever)
(# Cos: 863 | $657M)
Mobile Device Management for
Schools (Qustodio)
(# Cos: 18 | $54.5M)
Qustodio
(2011, Spain, $2.5M)
Mosyle
(2012, United States, $51.1M)
Impero Software
(2001, United Kingdom)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Mosyle (2012, United States)
$32.9M - Series B - Nov 2020
Mobile Guard.. (2011, United Kingdom)
$933K - Seed - May 2020

45. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
K-12 Learning Communities
37
45
Back to index
K-12 EdTech (Unacademy)
(# Cos: 12199 | $27.8B)
Online Learning Communities (Edmodo)
(# Cos: 192 | $568M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$31.1M (▼13.9%)
5(▼28.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
13
$568M
70
2
192
4
Edmodo
(2008, United States, $87.5M)
ClassDojo
(2011, United States, $96.1M)
Flipgrid
(2012, United States, $17.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Brainly (2009, United States)
$81.0M - Series D - Dec 2020
ClassDojo (2011, United States)
$30.0M - Angel - Jan 2021
Brainly (2009, United States)
$23.7M - Series C - Sep 2020
HAGS App (2020, United States)
$1.0M - Seed - Sep 2020
RoundPier (2017, United States)
$140K - Seed - May 2020

46. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Interactive Learning Platforms
38
46
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$30.8M (▲2102%)
4(▼42.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$134M
37
-
102
4
Corporate Learning (Kahoot)
(# Cos: 3383 | $7.6B)
Learning Platforms (Pluralsight)
(# Cos: 1401 | $3.7B)
Functional Skills (Udemy)
(# Cos: 591 | $2.3B)
Interactive Learning (Strivr)
(# Cos: 102 | $134M)
Strivr
(2015, United States, $51.6M)
Mursion
(2015, United States, $35.6M)
KnolSkape
(2008, India)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Strivr (2015, United States)
$30.0M - Series B - Mar 2020
Mursion (2015, United States)
$20.0M - Series B - Nov 2020
Aspireship (2018, United States)
$826K - Seed - Sep 2020
BODYSWAPS (2018, United Kingdom)
$613K - Seed - Oct 2020

47. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Corporate Learning > Learning Platforms > IT > Cybersecurity
> Interactive Learning
39
47
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$30.3M (▼66%)
5(▲66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$143M
8
-
14
5
Corporate Learning (Kahoot)
(# Cos: 3383 | $7.6B)
Learning Platforms (Udemy)
(# Cos: 1401 | $3.7B)
IT (Pluralsight)
(# Cos: 153 | $523M)
Cybersecurity (Immersive Labs)
(# Cos: 49 | $157M)
Interactive Learning (Secure Code
Warrior)
(# Cos: 14 | $143M)
Secure Code Warrior
(2015, Australia, $51.1M)
Immersive Labs
(2017, United Kingdom, $48.3M)
RangeForce
(2015, United States, $17.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
RangeForce (2015, United States)
$16.0M - Series A - Jul 2020
Elevate Secur.. (2017, United States)
$8.3M - Series A - Sep 2020
Living Security (2017, United States)
$5.0M - Series A - Apr 2020
InfoSec Learn.. (2011, United States)
$1.0M - Seed - Sep 2020
SecureFlag (2020, United Kingdom)
Undisclosed - Seed - May 2020

48. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Corporate Learning > Trainer
Marketplace
40
48
Back to index
Corporate Learning (Kahoot)
(# Cos: 3383 | $7.6B)
Trainer Marketplace (CoachHub)
(# Cos: 4 | $51.7M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$30.0M (▲38.1%)
1(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$51.7M
2
-
4
1
CoachHub
(2018, Germany, $51.7M)
Shenzhen Jiuhe Culture
(2016, China)
uExcelerate
(2019, India)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
CoachHub (2018, Germany)
$30.0M - Series B - Dec 2020

49. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
K-12 EdTech > Assistive Tech for Differently Abled Students >
Autism > Online Speech Therapy
41
49
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$27.0M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$70.9M
17
-
36
1
K-12 EdTech (Unacademy)
(# Cos: 12199 | $27.8B)
Assistive Tech for Differently Abled Students
(Lingit)
(# Cos: 186 | $103M)
Autism (Learn It Systems)
(# Cos: 122 | $99.5M)
Online Speech Therapy (Presence
Learning)
(# Cos: 36 | $70.9M)
Presence Learning
(2009, United States, $64.2M)
Learn It Systems
(2007, United States, $4.6M)
Invention Labs
(2010, India, $1.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Presence Lear.. (2009, United States)
$27.0M - Series D - May 2020
PenguinSmart (2014, United States)
$40.0K - Seed - Mar 2020

50. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Classplus (2015, India)
$10.2M - Series C - Sep 2020
Classplus (2015, India)
$9.0M - Series A - Apr 2020
Teachmint (2020, India)
$3.5M - Seed - Oct 2020
Winuall (2018, India)
$2.0M - Seed - Oct 2020
Teachmint (2020, India)
$324K - Seed - Aug 2020
Classplus (2015, India)
$20.0K - Angel - Aug 2020
Winuall (2018, India)
Undisclosed - Angel - Aug 2020
View all 8 Funding Rounds on Tracxn Platform
K-12 EdTech > Business Management Software
for Tutors > Virtual Classroom
42
50
Back to index
K-12 EdTech (Unacademy)
(# Cos: 12199 | $27.8B)
Business Management Software for Tutors
(Winuall)
(# Cos: 83 | $33.3M)
Virtual Classroom (Classplus)
(# Cos: 17 | $29.2M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$25.1M (▲904%)
8(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$29.2M
5
-
17
3
Classplus
(2015, India, $23.3M)
Winuall
(2018, India, $2.0M)
Teachmint
(2020, India, $3.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

51. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
K-12 EdTech > B2C Learning Solutions > Language Learning >
English > Online Tutoring > Crossborder Teachers
43
51
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$24.6M (▼86.8%)
6(▼57.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.4B
20
-
39
7
K-12 EdTech (Kahoot)
(# Cos: 12199 | $27.8B)
B2C Learning Solutions (Unacademy)
(# Cos: 3769 | $17.5B)
Language Learning (Duolingo)
(# Cos: 413 | $2.3B)
English (Lingokids)
(# Cos: 213 | $2.0B)
Online Tutoring (Open English)
(# Cos: 105 | $1.9B)
Crossborder Teachers (NovaKid)
(# Cos: 39 | $1.4B)
NovaKid
(2018, United States, $6.4M)
VIPKID
(2013, China, $976M)
DaDaABC
(2013, China, $335M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
DaDaABC (2013, China)
$10.4M - Series D - Apr 2020
Shenzhen Youle Scienc.. (2018, China)
$10.0M - Series B - Feb 2020
NovaKid (2018, United States)
$4.3M - Series A - Dec 2020
iNSTRUCKO (2019, United Kingdom)
Undisclosed - Seed - Dec 2020
Whales English (2012, China)
Undisclosed - Series B - Jan 2021
Whale foreign teacher (2019, China)
Undisclosed - Series B - Jan 2021

52. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Lynk (2013, China)
$24.0M - Series C - Jan 2021
PushFar (2018, United Kingdom)
$307K - Seed - Apr 2020
Industry Experts Marketplace for
Corporates
44
52
Back to index
Corporate Learning (Kahoot)
(# Cos: 3383 | $7.6B)
Networking Platforms (BetterUp)
(# Cos: 171 | $548M)
Expert Marketplace (Fiverr)
(# Cos: 70 | $210M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$24.3M (▲66.3%)
2(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$210M
29
1
70
5
Fiverr
(2010, Israel, $111M)
COMATCH
(2014, Germany, $14.4M)
Lynk
(2013, China, $30.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

53. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
K-12 EdTech > B2C Learning Solutions > School Curriculum >
Math > Online Tutoring > AI Based Math Solver
45
53
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$23.0M (▲58.6%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$63.5M
16
-
68
3
K-12 EdTech (Kahoot)
(# Cos: 12199 | $27.8B)
B2C Learning Solutions (Vedantu)
(# Cos: 3769 | $17.5B)
School Curriculum (Unacademy)
(# Cos: 2714 | $14.0B)
Math (Desmos)
(# Cos: 377 | $378M)
Online Tutoring (Cuemath)
(# Cos: 127 | $358M)
AI Based Math Solver (Photomath)
(# Cos: 68 | $63.5M)
Photomath
(2014, United States, $29.0M)
Desmos
(2011, United States, $5.8M)
Symbolab
(2011, Israel, $500K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Photomath (2014, United States)
$23.0M - Series B - Feb 2021

54. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Higher Education Tech > Digital
Textbooks
46
54
Back to index
Higher Education Tech (Top Hat)
(# Cos: 4932 | $10.3B)
Digital Textbooks (Perlego)
(# Cos: 21 | $57.7M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$22.7M (▲124%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$57.7M
10
-
21
2
Perlego
(2016, United Kingdom, $18.3M)
BibliU
(2013, United Kingdom, $27.0M)
zyBooks
(2012, United States, $4.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
BibliU (2013, United Kingdom)
$12.0M - Series A - Sep 2020
BibliU (2013, United Kingdom)
$10.0M - Series A - Apr 2020
BibliU (2013, United Kingdom)
$654K - Series A - Aug 2020

55. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Higher Education Tech > Admissions Support for Students >
Loans > Student Aid Application
47
55
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$22.5M (▲461%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$65.1M
6
-
8
2
Higher Education Tech (Top Hat)
(# Cos: 4932 | $10.3B)
Admissions Support for Students (Niche)
(# Cos: 920 | $4.2B)
Loans (SoFi)
(# Cos: 87 | $3.5B)
Student Aid Application
(SimpleTuition)
(# Cos: 8 | $65.1M)
SimpleTuition
(2006, United States, $23.0M)
Frank
(2016, United States, $20.5M)
Mos
(1994, United States, $21.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Mos (1994, United States)
$17.5M - Series B - May 2020
Frank (2016, United States)
$5.0M - Series A - Mar 2020

56. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
Corporate Learning > Learning Platforms > Functional Skills >
Interactive Learning > Soft Skills
48
56
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$20.6M (▲148%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$40.3M
8
-
15
1
Corporate Learning (Kahoot)
(# Cos: 3383 | $7.6B)
Learning Platforms (Pluralsight)
(# Cos: 1401 | $3.7B)
Functional Skills (Udemy)
(# Cos: 591 | $2.3B)
Interactive Learning (Strivr)
(# Cos: 102 | $134M)
Soft Skills (Mursion)
(# Cos: 15 | $40.3M)
Mursion
(2015, United States, $35.6M)
Orai
(2003, United States, $2.3M)
PitchVantage
(2013, United States, $1.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Mursion (2015, United States)
$20.0M - Series B - Nov 2020
BODYSWAPS (2018, United Kingdom)
$613K - Seed - Oct 2020

57. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
K-12 EdTech > Tutor Discovery
49
57
Back to index
K-12 EdTech (Unacademy)
(# Cos: 12199 | $27.8B)
Tutor Discovery (WyzAnt)
(# Cos: 518 | $458M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$20.4M (▲160%)
7(▲16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$458M
93
1
518
7
WyzAnt
(2005, United States, $21.5M)
Tutorful
(2015, United Kingdom, $6.7M)
GoStudent
(2016, Austria, $19.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
GoStudent (2016, Austria)
$9.3M - Series A - Jun 2020
GoStudent (2016, Austria)
$5.9M - Series A - Nov 2020
GoPeer (2017, United States)
$2.6M - Seed - Aug 2020
Synkers (2015, Lebanon)
$1.8M - Seed - Sep 2020
Sophia (2018, United Kingdom)
$732K - Seed - Aug 2020
EDhusk (2016, India)
Undisclosed - Seed - Jul 2020
Aotuedu (2011, China)
Undisclosed - Series B - Jul 2020

58. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
EdTech - Top Business Models Report
Recent Funding Rounds
K-12 EdTech > Tech for Teachers > Professional Development
Solutions > Online Courses
50
58
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$20.0M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$108M
40
-
122
2
K-12 EdTech (Unacademy)
(# Cos: 12199 | $27.8B)
Tech for Teachers (Kahoot)
(# Cos: 1212 | $1.1B)
Professional Development Solutions
(BloomBoard)
(# Cos: 135 | $109M)
Online Courses (Knowledgehook)
(# Cos: 122 | $108M)
Knowledgehook
(2014, United States, $21.3M)
BloomBoard
(2010, United States, $12.3M)
Developing Experts
(2015, United Kingdom, $468K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Knowledgehook (2014, United States)
$20.0M - Series A - Oct 2020
Annab platform (2016, Saudi Arabia)
$1.5M - Seed - Mar 2020

59. EdTech - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Recent funding rounds
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EdTech - Top Business Models Report
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