Today, I take a look at the 15 companies that have raised the largest edtech startup funding rounds in the US 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 US EDTECH COMPANIES THAT RAISED THE LARGEST ROUNDS IN 2016
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- Ready4 $5.4M
Round: Series A
Investors in the Round:
TAL Education Group, Atlas Venture, Square Peg Capital
Total Capital raised:
$8.39M
- Kidaptive $8.12M
Round: Series C
Investors in the Round:
Undisclosed
Total Capital raised:
$18.2M
- OpenSesame $9M
Round: Series B
Investors in the Round:
Altos Ventures (lead), Partech Ventures
Total Capital raised:
$19M
- 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
- Accelerate Learning $10M
Round: Series A
Investors in the Round:
Owl Ventures, LP
Total Capital raised:
$10M
- LightSail Education $11M
Round: Series B
Investors in the Round:
Bezos Family Foundation, Scott Cook
Total Capital raised:
$23M
- Skillshare $12M
Round: Series B
Investors in the Round:
Omidyar Network, Union Square Ventures, Amasia, Spark Capital
Total Capital raised:
$22.75M
- 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
- Interfolio $13M
Round: Series F
Investors in the Round:
Stephen Smoot, Quad Venture Partners
Total Capital raised:
$13.94M
- Brainly $15M
Round: Series B
Investors in the Round:
Naspers
Total Capital raised:
$24.5M
- EdCast $16M
Round: Series B
Investors in the Round:
GE Asset Management, StartX, SoftBank Capital, Cervin Ventures, Penta Global
Total Capital raised:
$22M
- Degreed $21M
Round: Series B
Investors in the Round:
GSV Acceleration, Rethink Education, Signal Peak Ventures, Jump Capital
Total Capital raised:
$34.2M
- ClassDojo $21M
Round: Series B
Investors in the Round:
GSV Acceleration, SignalFire, Reach Capital, General Catalyst Partners
Total Capital raised:
$31.1M
- Everfi $40M
Round: Series C
Investors in the Round:
Bezos Expeditions (lead), New Enterprise Associates, TomorrowVentures, Rethink Education, Advance Publications, Silicon Valley Bank
Total Capital raised:
$61M
- 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
- Age of Learning $150M
Round: Venture
Investors in the Round:
Iconiq Capital
Total Capital raised:
$150M