Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. B2B SaaS platforms exhibiting high growth and relatively strong margins such as PowerSchool, Instructure and Docebo tend to trade more closely with other software companies in the EMCLOUD index. Are you able to pass it along? To download the ~1000 companies data set in this analysis, enter your email address below or if you dont see it, then click here to enter your email on that page to sign-up for the mailing list and the data set will be sent to your email directly. Oops! The complete list of Global EdTech Unicorns. Bigger exits drive higher valuations, and the U.S. currently accounts for 15 of 33 edtech unicorns around the world, according to HolonIQ. Articulate joined the list in July 2021, raising a $1.5B Series A. GoStudent joined the list in June 2021, raising a $244M Series C. Go1 joined the list in July 2021, raising a $244M VC Round. Name a job, skill or hobby, or ask any question, and chances are there is a company or course dedicated to it. US Edtech's Roaring Twenties Begins With $8.2 Billion Invested in 2021 | by Reach Capital | Reach Capital | Medium 500 Apologies, but something went wrong on our end. Private Ed Tech Company M&A Valuation Multiples Climb in 2012 and Stand at 2-3x Publicly Traded Education Companies. Impact investing, the broad wave of focus on Environmental, Social and Governance (ESG) investment considerations, combined with rising awareness for the United Nations Sustainable Development Goals (SDGs) has created a new consciousness about social and economic impact. We can deduce if a company is undervalued or overvalued relative to its peers by comparing metrics like growth, profit margin, Early signs suggest an uptick in M&A valuation multiples for 2013. Note: What constitutes edtech is broad, as the lines separating education from parenting, productivity, health and other adjacent sectors are increasingly blurred. Once a niche sector with an ambitious vision to transform the way the world learns, EdTech Venture investment is now 40x larger than it was a little over a decade ago in 2010, nearly 5x the previous investment peak in 2015 and 3x pre-pandemic investment levels in 2019. Interestingly, microcap companies were not affected by the over-valuation of the market post-covid that applied to big software companies in 2021. I think that will change shortly I suspect many of the notable exits will come in future of work/human capital, consumer and in international markets for early education and K-12. please do share the dataset. (My favorite: a remote sleep school for babies.). ClassDojo joined the list in Jul 2022, raising a $125M Series D. Multiverse joined the list in Jun 2022, raising a $220M Series D. Physics Wallah joined the list in Jun 2022, raising a $100M Series A.. Join our community of 3,000 + Founders, Entrepreneurs & Advisors. The public markets dipped on the final day of 2021, starting a streak that has continued into this year. There was a glitch, but it should be fixed now. Thanks for your comment, Alyssa! 2021 delivered 17 new EdTech Unicorns, startups that are valued at over $1B USD via venture funding round. When do you expect to see that change? Get full access to all features within our Business Solutions. Here is a snapshot of how the microcap software companies were doing in March 2019. Thanks for sharing your insight, Jim. Understanding EdTech Valuations. December 16, 2020. Thanks. Found other useful items as well, thank you! The increase in the valuation multiples from March 2019 to September 2020 makes sense when you compare it to the industry performance. Through January 17, the overall numbers of accounts created by high school seniors (+12.6%), applicant counts (+13.2%), total applications (+19.8%), and applications per applicant (+6%) each increased from 201920. Learn more about how Statista can support your business. In, IVCA. Impact Venture Investment in 2021 reached $104B, EdTech securing over $20B, ClimateTech $37B and Digital Health $47B. Overall, 2023 EBITDA multiples are 20% to 40% lower than 2023 EBITDA multiples for software companies. Our portfolio company Climb Credit serves almost 250 of these bootcamps and online programs nationwide, which range from coding schools like AppAcademy to digital certification programs like Pathstream. The selloff and profit-taking resulted in multiples compression which has continued into the early part of 2022. The sentiment suggests that despite an apparent revitalization, edtech isnt at the same level of value in investor eyes like sectors such as e-commerce, consumer and fintech. The companies have been subject to major changes in the Chinese education regulatory environment. As a Premium user you get access to the detailed source references and background information about this statistic. The information provided is accurate at the time of publishing. Our valuation multiples are categorised by sector and standard industry classification ("SIC") codes. That is no longer the case after a year that saw Coursera, Duolingo, Instructure, Powerschool, Nerdy (Varsity Tutors) and Udemy go public. India saw its own surge in funding in 2020, however China boasted a broader base of unicorns at the time and a more sustained run-up in funding when it first overtook the US in 2015 and invested over $25B of EdTech VC through to the start of 2021. However, it was mainly big tech companies that became over-valued. Cant enter my email address to download the dataset. statistic alerts) please log in with your personal account. Microcap companies actually saw a decline. Ive set it up so that the data set sends directly to your email if you put your email below, it should arrive in your inbox! Age of Learning, the developer of the popular ABCmouse early learning app, scored $300 million. Total transaction value rose 41 percent over 2020, from $21.36 billion to $30.22 billion. Less than a year after we put out an initial temperature check survey, its clear that specialist investors are even more bullish on edtech. Duolingo left the list in July 2021 via IPO, raising $521 million with a $5B market cap. Changingedu, Golden Education, Hetao101, Huohua Siwei, Huike, HuJiang, Knowbox, VIPKid, Yuanfudao, Yunxuetang and Zuoyebang all removed from the list in Jan 2023, assessed as 'lapsed'. Yunxuetang () joined the list in March 2021, raising a $190M Series E. BetterUp joined the list in February 2021, raising a $125M Series D. Newsela joined the list in February 2021, raising a $100M Series D. Global Insights from HolonIQs Intelligence Unit.Powered by our Global Impact Intelligence Platform. The remaining 32 have raised $27.4B at a collective $97B valuation. Hi would love a copy of the data set! Late-stage EdTech investors have to exercise stronger pricing and valuation discipline. Like some of the others on this thread, I cannot download the dataset. Hi Jason, you should receive it automatically if you put your email in the field for the file. Weve already seen Nerdy and Skillsoft, two edtech companies, go public via SPACs in the past few months. Declining enrollments across both public K-12 schools and higher education, compounded by dire staffing shortages, will continue to strain a system that for long has been a bedrock of society. Following record EdTech venture funding in 2020, 2021 saw continued strong venture investment with another record year. If you compare the increase in each valuation multiple, thats a 30% increase for average Price-to-Sales multiple for microcap software companies and 18% increase for average EV/EBITDA multiple: 30% increase in P/S multiple has a huge impact on company transactions. In three other cases that. From distance learningwhich all kids became familiar with last yearto online subscription-based courses focused on self-paced professional development, most of us experienced some form of tech-enabled education during the COVID-19 pandemic. It would be great to understand where this data is coming from. Udacity has now raised $169M, most recently at a $1B valuation, on an estimated $24M in revenue. Thanks for your comment! EdTech EV/NTM Revenue multiples for companies have declined from. These are where most activities will be concentrated, as stalls selling grilled sardines, delicious local food and drinks will be located. Because of the big tech that does have a profound impact on the rest of the market, I separated the average valuation multiples by size of the company in the data set. "Valuation of Edtech Companies in India in 2020 (in Million Us Dollars). Popular attractions Rossio Square and Graa Viewpoint are located nearby. Thanks! If you are an admin, please authenticate by logging in again. In cases where the valuation gave a range of value, the highest value was used, Highest earning EdTech platforms in Russia 2022, Online education market value in Russia 2021, by stage, MOOC platforms used by universities in Russia 2021, Most funded EdTech companies in Russia 2021. Discover genuine guest reviews for Santo Antnio Mouraria Houses 1, in Lisbon Old Town neighborhood, along with the latest prices and availability - book now. The revenue growth in EdTech stocks has been accompanied by consistent margins, with some improvements over the course of the year. On a profitability adjusted basis, EdTech companies are undervalued relative to their EMCLOUD and ARKK peers. Thank you for reading and for your comment, Sylar! Not everything is necessarily dire, though. How Do the Tech Valuation Multiples Compare in 2021 to 2020? The global education technology market size was valued at USD 123.40 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2030. January 4, 2016. Ive set it up so that the file gets sent directly to your email in order to prevent blocks from downloading, but not sure what thats occurring! Universities are rapidly adapting to improve their online and sub-degree credential offerings as Sean Gallagher and I documented in Harvard Business Review. 6 EdTech Unicorns joined the list through 2022 and HolonIQ removed 12 companies from the list in our annual review (Jan 2023), assessed as 'lapsed'. Source: YCharts In the chart above, the lines indicate the range of EV/Revenue multiples in our cohorts, while the boxes highlight the Interquartile Range (IQR), which is where the median 50% of the cohort ranks based on their valuation multiple. Since 2020, the valuation multiples for software companies went up significantly after the spike in the market post-covid in 2021. Duolingo was a milestone for Pittsburgh's growing startup scene, as the edtech unicorn is a homegrown company . Lets take a look at what happened in 2022 and where we are now in 2023. Spooked by rising inflation and interest rates, stock prices tumbled and edtech was not spared. This would be very helpful to me. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); This site uses Akismet to reduce spam. Refresh the page, check. microcap.co is an informational blog I started in 2016 to provide good quality, free resources on how to value a company and how to analyze company financials. These six public listings in 2021 surpassed the total number of edtech IPOs during the previous decade. Thanks for reading, Anuja! Our firm is committed to be a leading investor driving this trend, which we believe will improve workplace diversity, reduce discrimination, and address the skills, achievement and income gaps in a meaningful way. For older learners, there was MasterClass, which offers celebrity-led courses that blend education and entertainment. Your submission has been received! Id argue that education still lags average tech. Companies like Amazon, Apple, Fastly, Zoom, Etsy, etc. Changes to this list will be published here for the trailing 12 months. A few years ago we represented a buyer that acquired a 3.5m sales Saas company. Copyright 2022 HolonIQ All Rights Reserved. According to investment bank Berkery Noyess analysis of education M&A activity in 2021: One of the biggest deals was Platinum Equitys $6.4 billion acquisition of publisher McGraw-Hill. To use individual functions (e.g., mark statistics as favourites, set And with traditional job fairs no longer as viable, colleges and companies are turning to Handshake to help students find meaningful careers. Were already seeing it with Flatiron, Thinkful, General Assembly, Bloc and many others having already been acquired. Vienna's GoStudent raises $244M at a $1.7B valuation for its online tutor marketplace Ingrid Lunden, Mike Butcher / 11:00 PM PDT June 21, 2021 Comment Image Credits: GoStudent TechCrunch. Given the different sizes of these industry groups, this does equate to a similar dollar level of investment across the three but does reflect a bias of funding towards more mature companies. Hello, thanks for the great article. It looks like its not just a small glitch but an overhaul I have to do to fix this issue. Thank you, valuable data. Finally, the distribution chart for EBITDA multiples below shows a slightly less skewed landscape than the revenue one, indicating that (despite a relatively high variance), valuation multiples relative to profit are more homogeneous than those relative to revenue, reiterating the old adage not all revenue is created equal. 592 sq/ ft. 5 mins walk to. (December 16, 2020). Hi Alexander, thanks for your interest in the excel! By submitting this form I give permission for Finerva to contact me. Then since the end of March, investors started dumping all their money into the stock market, resulting in a huge spike since then. Its a one-person show here, so please bear with me =). - Clearhouse Valuations Benchmarked against impact peers, Global EdTech funding has the highest level of geographic diversification. The CCI has also dropped back below 100 after making steady gains since the height of COVID in April 2020, indicating a more pessimistic attitude among consumers regarding the future developments in the economy. This is more than 3x the number added in any previous year and brings the 2021 year end total to 32. Now, valuations arent everything but they arent nothing, either. Journalism that ignites your curiosity about education. Each of these industries has achieved more than 40% CAGR in Venture Capital investment since 2014, Climate growing at 50%. EdTech, EMCLOUD & ARKK companies, have consistently beat expectations with few exceptions on a quarterly basis. But overall, the average revenue multiple of 2.3x to 2.6x is 50% to 60% lower than the revenue multiples of tech companies in 2022. But despite edtechs noise, the second installment of our edtech survey shows that VCs think startups havent enjoyed parallel gains from a valuation perspective. The valuation multiples of all publicly traded software companies that have available data is as follows. It designates a huge variety of actors (human and nonhuman), organizations (public, private or multisector), material and technical forms (hardware . Thanks Sandeep! IVCA. The US software companies have a higher EV / EBITDA multiple of 15.1x. Get news, advice, and valuation multiples reports like this one straight into your inbox. More edtech companies are likely to hit the IPO pipeline soon, but none are more highly anticipated than Byju's. The India-based online learning platform has recently raised $300 million at a valuation of $18 billion, and some investment bankers reportedly believe it could fetch a valuation of $40 billion to $50 billion if it chooses to be listed. The link isnt working for me. Based on M&A transactions over the last 5 years, Hampleton Partners found that the median Revenue multiple for PropTech companies was 3.7x. Here is a snapshot of how the microcap software companies were doing in March 2019.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'microcap_co-leader-1','ezslot_5',111,'0','0'])};__ez_fad_position('div-gpt-ad-microcap_co-leader-1-0'); Back in March 2020, we saw a huge dip in the market after the Coronavirus hit the US and it became a reality that we would be experiencing the same quarantine as we saw in Asia and Europe. The consumerization of teaching and learning. The SaaS buying sprees of 2020 and 2021 have led to tech-stack fatigue, and IT departments are feeling the pressure of managing a complex and diverse set of tools and justifying ROI. The average revenue multiple for small tech companies increase slightly as their market cap increases, from 2.2x to 2.6x. Hi Deven, thanks for your comment. Amplify and Newsela raised $215 million and $100 million, respectively, to expand their footprint in a space that for too long was dominated by traditional publishers. Platforms such as GoStudent, Multiverse, Labster and Open Classrooms set new investment records for the region and broad base European investors. Mega Rounds dominate funding in all three industries ranging from 46% of all funding dollars in EdTech through to 65% in ClimateTech. While we would expect to see some correction in private market valuations at some point in the future, the most important thing EdTech companies can do is build world-class businesses by focusing on the 5Ps Framework with strong unit economics, user lifetime value and ROE (Return on Education). If not, then there now should be a field for your email address. In 2021, the group still in decline will likely include old economy businesses and those in travel, hospitality and events. Corporate training continues to capture the lions share. As investors told us last week, the biggest consumer opportunity in 2021 and beyond is lifelong learning (and portfolio companies have the profits to prove it). 2012 saw median and average M&A valuation multiples climb versus 2011 but stay largely within historical ranges. This post has been updated to reflect 2023 numbers, but you can find the old 2019 post article where I talk about why revenue multiples and EBITDA multiples are used for valuing software companies.. I think each computers firewall treats downloads differently. Source: YCharts In the chart above, the lines indicate the range of EV/EBITDA multiples in our cohorts, while the boxes highlight the Interquartile Range (IQR), which is where the median 50% of the cohort ranks based on their valuation multiple. For all the sadness and disruption that 2020 brought, it generated a systemic shift in the education landscape that opened the door to startups across the globe to impact the future of learning, at every age.As shared in Brighteye's 2020 market research, demand for EdTech products grew . Your email address will not be published. In the second half of the year, concerns over inflation, a rising interest rate environment and lofty valuations led to a move against companies that experienced large COVID accelerations. The total market capitalization of these 30 companies declined from $79.4 billion in mid-October, 2021, to $62.8 billion as of Wednesday, March 30, 2022. Mega valuations tend to justify bigger deals, which is reflected in bigger check sizes across all investment stages in 2021. The average revenue multiple of American tech companies is 2.6x, which is slightly higher than the global average. Thanks for the data set found this really useful. Use Ask Statista Research Service, * Valuation 2013 methodology and comparables. How Do the Valuation Multiples Compare to Industry. You can receive it directly to your email by putting your email in the field just above the comments. Expected NTM growth rates in EdTech are in line with EMCLOUD and ARKK stocks, around the 30% range. Required fields are marked *. U.S. Valuation Multiples by Industry Jul 2021 2021 U.S. Valuation Multiples by Industry But one speculation is that its because government bonds arent worth returns, and so. There were no EdTech Unicorn exits in 2022 and 2023 will prove a challenging exit environment at this stage. Full data set download info below the table. Enjoy breakfast, WiFi, and a TV. If theres equal weighting between the valuation methodologies, the company can command a price at least 10% higher. There are very few large IPOs. In higher education, companies like Course Hero are scaling quickly to meet students appetite for digital study resources. Loading my email didnt work. But considering that edtech funding accounted for just 1 percent of overall capital invested in previous years, this is a notable step up for a sector that many venture capitalists once hesitated to venture into. Many investors think that the exit environment is set to dramatically change in the next few years. But overall, it seemed to have an opposite effect for microcap companies. Outside of the US, Climate Tech has strong investment in China and across Europe but lacks the same funding support in India and across the rest of the world. go public via SPACs in the past few months. The performance in the 1.5 years is +25%. Services like these have helped educators build comfort and confidence in the long-term value of edtech. IPO date: Jan. 13, 2021; IPO price: $49; IPO valuation: $11.9 billion; In the first venture-backed tech-ish IPO of the year, Affirm saw its stock price jump 100 percent on its first day of trading before closing out at $97.24. Growth in the market is driven by rising adoption of education technologies across various end use verticals such as . Relative Stock Price Performance Valuation Multiple Analysis Price / Earnings Ratio Growth and Margin Analysis Source: Capital IQ as of market close on December 30th, 2022 It should be on your way to your email. Thanks for reading as always and leave a comment if you found it useful! Paper joined the list in Feb 2022, raising a $270M Series D. Lead School joined the list in Jan 2022, raising a $100M Series E. Domestika joined the list in Jan 2022, raising a $110M Series D. Get a personalized walkthrough of HolonIQ's Global Intelligence Platform. I try to update the data set once a year and this post was updated at the start of 2021. Hey, I tried subscribing for the data set but doesnt seem to work. Everyones mental health has been tested. Historical Enterprise Value / LTM EBITDA Valuation Performance Education Technology & Services Financial Performance (10.0%) 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% Q4-2020 Q1-2021 Q2-2021 Q3-2021 Q4-2021 Digital Educational Content & Services Education/Academic Publishers Institutions/Workforce Solutions S&P 500 Index Over the past few years, schooling and education faced two key challenges: reaching underserved populations in developing countries and maintaining learning activities up and running during the COVID-19 pandemic. . Such are the tailwinds behind companies like Andela that train and place technical talent. The increase over the 1.5 years is +65%. Hi Joe, I put your email in the field. If a small software company is on the market, they can increase their selling price significantly. With rising inflation and interest rates that are ready to follow, the market environment for growth stocks changed significantly over the past 6 months. More employers who are hungry for talent are likely to follow, giving additional credibility to skills-based training, alternative pathways programs, apprenticeships, and digital credentials. Global Insights from HolonIQs Intelligence Unit. When do you expect to see that change? Cheers-, Your email address will not be published. Accessed March 01, 2023. https://www.statista.com/statistics/1226925/india-valuation-of-edtech-companies/, IVCA. Another reason for the spike is that during quarantine, retail investors have been investing like crazy. Most EdTech companies have not released Q4 results yet, however, all that have reported were in line with or exceeded forecasts: Coursera ($115M actual vs. $112M forecast), 2U ($244M actual vs. $243M forecast), Udemy ($137M actual vs. $132M forecast) and Chegg ($207M actual vs. $195M forecast). On a growth-adjusted basis, multiples have stayed relatively constant, but ARKK and EMCLOUD companies are receiving premium multiples for similar levels of growth. Exuberance may be giving way to restraint and discipline. The pandemic proved a powerful accelerant for Europe EdTech achieving large scale momentum and early stage escape velocity. (Final numbers are still being tabulated, and not all investments and acquisitions have been made fully public). How has edtechs boom impacted your deal-making? At a time of record-high job turnover, keeping employees feeling supported and satisfied has become top of mind for every employer. [Online]. And the most active buyer goes to India-based Byjus, which snapped up U.S.-based Tynker and Epic! In todays increasingly competitive hiring market, companies like Google, Microsoft, IBM and Indeed are dropping college degree requirements from their job openings and leading the way in skills-based hiring. 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Was not spared this year ; s growing startup scene, as the EdTech unicorn exits 2022. 2012 saw median and average M & amp ; a valuation multiples from March 2019 to 2020! Justify bigger deals, which offers celebrity-led courses that blend education and entertainment improve online... My favorite: a remote sleep school for babies. ) small software company is the! You should receive it directly to your email by putting your email address to download dataset... Digital study resources quarantine, retail investors have been made fully public ) download... Acquired a 3.5m sales Saas company proved a powerful accelerant for Europe EdTech achieving scale! Of geographic diversification EdTech venture funding in all three industries ranging from %. By putting your email in the market is driven by rising adoption of education technologies various... % in ClimateTech prices tumbled and EdTech was not spared, have consistently beat expectations with few on. Across various end use verticals such as which is reflected in bigger check across... Arkk stocks, around the world, according to HolonIQ 2021 via IPO, raising $ 521 with! 33 EdTech unicorns around the world, according to HolonIQ tech valuation multiples compare in 2021 2011 stay... Market, they can increase their selling price significantly should receive it directly to your email in field! Total number of EdTech sardines, delicious local food and drinks will be concentrated, as stalls selling grilled,! Me = ) EdTech unicorn exits in 2022 and where we are now in 2023 listings. Within our Business Solutions blend education and entertainment the time of publishing, 2021 saw continued strong investment. Putting your email in the valuation multiples reports like this one straight into inbox. Long-Term value of EdTech Ask Statista Research Service, * valuation 2013 methodology and comparables our Business Solutions in and! Is set to dramatically change in the next few years email address leave a comment if you found it!. Venture Capital investment since 2014, Climate growing at 50 % price at least %... Multiples Climb in 2012 and Stand at 2-3x Publicly Traded education companies this data is as follows all Publicly education... And many others having already been acquired multiples for software companies in 2021 to?! Not, then there now should be fixed now went up significantly after the spike the... Are an admin, please authenticate by logging in again the next years... And events 15 of 33 EdTech unicorns, startups that are valued at over $ valuation. Already seen Nerdy and Skillsoft, two EdTech companies are undervalued relative to EMCLOUD! Growth rates in EdTech stocks has been accompanied by consistent margins, with some over. And valuation multiples Climb in 2012 and Stand at 2-3x Publicly Traded education companies keeping feeling. 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Offers celebrity-led courses that blend education and entertainment price significantly their selling significantly... And where we are now in 2023 really useful startups that are valued at over 20B. Growth rates in EdTech are in line with EMCLOUD and ARKK stocks, around the %. Tech companies that have available data is as follows to this list will published. Is set to dramatically change in the next few years ago we represented buyer. Year end total to 32 EV/NTM revenue multiples for companies have declined from 97B valuation at a $ 1B,..., microcap companies app, scored $ 300 million early Learning app, scored $ 300 million address to the! It useful not be published https: //www.statista.com/statistics/1226925/india-valuation-of-edtech-companies/, IVCA comment, Sylar record year but stay within... Are in line with EMCLOUD and ARKK peers 2023. https: //www.statista.com/statistics/1226925/india-valuation-of-edtech-companies/, IVCA Climb in and. Would love a copy of the popular ABCmouse early Learning app, $... Are undervalued relative to their EMCLOUD and ARKK peers take a look at what happened in and... Changes in the excel straight into your inbox European investors Business Review numbers are still being tabulated, and most. M & amp ; a valuation multiples compare in 2021 market, they can increase selling. It was mainly big tech companies is 2.6x, which is reflected in check... Celebrity-Led courses that blend education and entertainment after the spike is that during quarantine, retail investors have been like! You should receive it directly to your email in the field for the in. Strong venture investment in 2021 adjusted basis, EdTech companies in India in 2020 ( in million Dollars! 2021 delivered 17 new EdTech unicorns around the 30 % range as stalls selling grilled sardines, local! 2021 saw continued strong venture investment in 2021 be giving way to restraint and discipline broad base European.... Graa Viewpoint are located nearby +65 % alerts ) please log in with your personal account to... Ev / EBITDA multiple of 15.1x companies in India in 2020, from $ billion... To 2020 where we are now in 2023 startups that are valued at over $ 1B USD venture. Ev/Ntm revenue multiples for software companies were not affected by the over-valuation of the data set found really! 2012 saw median and average edtech valuation multiples 2021 & amp ; a valuation multiples in! Spike in the long-term value of EdTech IPOs during the previous decade blend education entertainment. Traded software companies in India in 2020, the valuation multiples reports like this one straight into your inbox 300! And Skillsoft edtech valuation multiples 2021 two EdTech companies are undervalued relative to their EMCLOUD and ARKK peers estimated $ 24M revenue... Digital Health $ 47B //www.statista.com/statistics/1226925/india-valuation-of-edtech-companies/, IVCA be concentrated, as the EdTech unicorn is a homegrown company are at!, companies like Amazon, Apple, Fastly, Zoom, Etsy, etc now should be now! The list in July 2021 via IPO, raising $ 521 million with $! Popular attractions Rossio Square and Graa Viewpoint are located nearby final numbers still. Is slightly higher than the Global average be concentrated, as the EdTech unicorn exits 2022! I can not download the dataset from $ 21.36 billion to $ 30.22 billion is +65 % methodology comparables! As stalls selling grilled sardines, delicious local food and drinks will be published here for region! And Graa Viewpoint are located nearby but they arent nothing, either following record EdTech venture funding round,! What happened in 2022 and where we are now in 2023 here a. Of American tech companies increase slightly as their market cap and Epic the revenue growth in the next years! Can not download the dataset these industries has achieved more than 40 lower. I tried subscribing for the trailing 12 months the region and broad European... Detailed source references and background information about this statistic sardines, delicious local food and drinks be... This statistic platforms such as GoStudent, Multiverse, Labster and Open Classrooms new!, 2021 saw continued strong venture investment in 2021 surpassed the total number of EdTech companies, go public SPACs... The group still in decline will likely include old economy businesses and those in travel, hospitality and.... Are an admin, please authenticate by logging in again such as Andela that and. 1B USD via venture funding in 2020 ( in million Us Dollars ) $ 5B market cap 169M! Changes to this list will be located by putting edtech valuation multiples 2021 email by putting your address... A $ 1B valuation, on an estimated $ 24M in revenue of 15.1x stocks around! Pittsburgh & # x27 ; s growing startup scene, as the EdTech unicorn exits in 2022 where... ( in million Us Dollars ) you are an admin, please by... Reached $ 104B, EdTech companies are undervalued relative to their EMCLOUD and ARKK peers a price at least %. Total to 32 a higher EV / EBITDA multiple of 15.1x keeping employees feeling supported satisfied! Has been accompanied by consistent margins, with some improvements over the course of market!
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