Today, I take a look at the 10 companies that have raised the largest edtech startup funding rounds in New York City in 2016 using some data from our friends at Crunchbase. In addition to dollar amount, I have included type of round, investors, and total dollar amount raised by the startup to further the analysis. It is important to note that the classifications are self reported.
CLICK HERE TO SEE THE 10 NYC EDTECH COMPANIES THAT RAISED THE LARGEST ROUNDS IN 2016
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- CareDox $2.8M
Round: Seed
Investors in the Round:
Prolog Ventures (lead), TEXO Ventures, Giza Venture Capital, First Round
Total Capital raised:
$8.34M
- Noodle Markets $3M
Round: Seed
Investors in the Round:
Rethink Education
Total Capital raised:
$3M
- CourseHorse $4M
Round: Series B
Investors in the Round:
Red Ventures (lead), Interplay Ventures, Owen Davis, Brian Cohen, Paige Craig, Scott Banister, Charlie Cheever, Clark Landry, Learn Capital, Kevin W. Tung
Total Capital raised:
$5.8M
- Noodle Partners $4M
Round: Seed
Investors in the Round:
Osage Venture Partners (lead), 500 Startups, New Markets Venture Partners
Total Capital raised:
$4M
- Bookwitty $10M
Round: Series B
Investors in the Round:
Leap Ventures
Total Capital raised:
$10M
- Knewton $10M
Round: Series F
Investors in the Round:
Atomico (lead), Sofina (lead), Founders Fund, FirstMark Capital, TAL Education Group, Bessemer Venture Partners, Accele Venture Partners, EDB Investments
Total Capital raised:
$157M
- LightSail Education $11M
Round: Series B
Investors in the Round:
Bezos Family Foundation, Scott Cook
Total Capital raised:
$23M
- Speakaboos $12.5M
Round: Series B
Investors in the Round:
GSV Acceleration, Rick Segal, Kyowon Group, Dave Pottruck, Helena Wong, Advancit Capital, Betty Cohen, Gerald Hughes, Wellington Management
Total Capital raised:
$25.2M
- Brainly $15M
Round: Series B
Investors in the Round:
Naspers
Total Capital raised:
$24.5M
- Codeacademy $30M
Round: Series C
Investors in the Round:
Naspers (lead), Flybridge Capital Partners, Union Square Ventures, Index Ventures, Richard Branson
Total Capital raised:
$42.5M
- Grovo $40M
Round: Series C
Investors in the Round:
Greg Waldorf, SoftTech VC, Accel Partners, Costanoa Ventures, Vayner/RSE
Total Capital raised:
$62M
- Matific $45M
Round: Series B
Investors in the Round:
Leon Kamenev
Total Capital raised:
$57M
