"Valuation of Edtech Companies in India in 2020 (in Million Us Dollars). 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. Available: https://www.statista.com/statistics/1226925/india-valuation-of-edtech-companies/, Valuation of edtech companies in India in 2020, Available to download in PNG, PDF, XLS format, eLearning market size in Russia 2021-2022, eLearning market growth in Russia adjusted to the war in Ukraine 2022, Revenue of the 100 leading EdTech platforms in Russia quarterly 2021-2022, Online education revenue in Russia 2017-2027, by segment, Online education users in Russia 2017-2027, by segment, Online education market share in Russia 2021, by segment, EdTech revenue growth in Russia 2022, by segment, Online education average spending in Russia 2022, by course type, B2C adult online education market size in Russia 2021, by subject, Professional eLearning student count in Russia 2016-2020, Online supplementary children education market volume in Russia 2016-2020, Fastest growing EdTech platforms in Russia 2022, Most visited educational websites in Russia 2021-2022, Education apps with the highest in-app revenue in Russia 2022, Adult eLearning investment in Russia 2021-2022, EdTech venture capital investment in Russia 2017-2021, EdTech venture investment share in Russia 2021, by segment, EdTech venture capital investment value in Russia 2021, by stage, Largest EdTech venture deals in Russia 2021, by value, Professional education & learning service purchases in Russia 2022, Age distribution of online education users in Russia 2022, Most popular online course subjects in Russia 2022, Share of online course students completing programs in Russia 2022, Online course participation purposes in Russia 2022, Online education satisfaction in Russia 2022, Most trusted online education types by Russian employers 2019, Opinion poll on the influence of online diplomas on hiring in Russia 2019, Distribution of online education institutions in Russia 2020, by target audience, Distribution of online education institutions in Russia 2020, by segment, Distribution of online education projects in Russia 2020, by number of products, Public opinion on reliability of online education in Russia in 2018, Most promising EdTech segments in Moscow 2019, Number of EdTech investment deals in the United Kingdom 2011-2018, Distribution of EdTech startups in Australia 2017 by expected revenue growth, Mexico: spending on online education 2019, Future focus areas of startups in the EdTech industry in Australia 2017 by activity, Valuation of edtech companies in India in 2020 (in million US dollars), Find your information in our database containing over 20,000 reports. How To Use Valuation Multiples To Value a Company. Could you kindly share the dataset, please? And with traditional job fairs no longer as viable, colleges and companies are turning to Handshake to help students find meaningful careers. 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. Join our community of 3,000 + Founders, Entrepreneurs & Advisors. My recent experience has been acquisition activities between manufacturing and tech to head towards smart factory; curious what youre seeing. Thanks Raghu, it should be in your inbox now! Altogether, New Markets has now exited 20 edtech investments over the past 14 years, 2U (NASDAQ: TWOU) is down about 60.7 percent and now trading at 1.06x revenue, Udemy (NASDAQ: UDMY) is down 52.4 percent since going public in October 2021 at $29/share, Skillsoft (NYSE: SKIL) is down 50.8 percent, the company went public via SPAC in June 2021 at $10/share, Nerdy (NYSE: NRDY) is down 47.1 percent, the company went public via SPAC in September 2021 at $10/share, Chegg (NYSE: CHGG) is down 43.8 percent due to slowing growth and concerns about profitability, Duolingo (NASDAQ: DUOL) is down 42.0 percent since highs in September 2021; went public in July 2021. The overall sales in the Edtech market are expected to reach the valuation of ~US$ 74, Bn by the end of 2021. I got the email to confirm my subscription to your blog, but no dataset. Register in seconds and access exclusive features. Heres a sample of the data set. To use individual functions (e.g., mark statistics as favourites, set Please create an employee account to be able to mark statistics as favorites. The creator economy, especially as it connects to STEM, design, video and data science. This would be very helpful to me. They grew it to 8m and just sold in late 2020 for 7 X sales. The[sibwp_form id=9] doesnt seem to be working on this or the list signup page; but I would like to download the data. As a Premium user you get access to the detailed source references and background information about this statistic. There are very few large IPOs. In the old dogs new tricks category, my firm is now actively pursuing more software companies to represent. - Clearhouse Valuations Thats really interesting do you care to share more about it? You need at least a Starter Account to use this feature. 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. Accessed March 01, 2023. https://www.statista.com/statistics/1226925/india-valuation-of-edtech-companies/, IVCA. Name a job, skill or hobby, or ask any question, and chances are there is a company or course dedicated to it. I try to update the data set once a year and this post was updated at the start of 2021. It would also be useful to know where this data is coming from if you havent included that in the data set youre sending. Platforms such as GoStudent, Multiverse, Labster and Open Classrooms set new investment records for the region and broad base European investors. K-12 and higher education are digitizing fast (finally). Hopefully you can use them as helpful guides. 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. In the private markets, the education sector has also seen greater consolidation at higher valuations. EdTech, EMCLOUD & ARKK companies, have consistently beat expectations with few exceptions on a quarterly basis. Your email address will not be published. Thank you! Toggle between the data set and the averages tabs. Another reason for the spike is that during quarantine, The small software company will use a combination of. The startup's founder, somewhat reluctantly and almost bemused, agreed to raise money, but at nearly double the valuation in six months. In 2021, the group still in decline will likely include old economy businesses and those in travel, hospitality and events. Since the smaller companies arent as well known as the mega tech companies, they performed fantastically as well but not as much as the large tech software companies. Compared to 6 months ago, public investors no longer value growth companies on 12 year forward revenue but on current margins and profitability. Refresh the page, check. 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. 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. 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. I have been tracking valuation multiples for tech software companies since 2019. As we reluctantly enter the third year of the pandemic, EdTech is powering students and parents, schools and teachers, professors and institutions, governments and employers around the world with critical tools, content, processes and learning outcomes to mitigate learning loss through the pandemic and accelerating up-skilling into a new labor economy. However, it was mainly big tech companies that became over-valued. Looking for car hire in Santo Antnio (Lisbon)? We recommend individuals and companies seek professional advice on their circumstances and matters. 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! 1 Bedroom, 1 Bathroom. Note: What constitutes edtech is broad, as the lines separating education from parenting, productivity, health and other adjacent sectors are increasingly blurred. Closing the Opportunity Gap. Has the new interest from generalist investors made valuations too bubbly, or is the market growth helping everyone? Get a full refund when you cancel up until 5 days before checkin. Another reason for the spike is that during quarantine, retail investors have been investing like crazy. Would you mind sharing the data set? Tracksuit raises $5M to make brand tracking more accessible. A unicorn startup or unicorn company is a. Are you interested in testing our business solutions? Cheers-. The file should be in your inbox now! 5. days. Indian edtech startups have raised about $4 billion since 2020, of which $2.2 billion was raised in 2020 and $1.9 billion was raised between January-August 3, 2021. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The median revenue multiple for EdTech companies in Q4 2021 was 3.7x. Following record EdTech venture funding | by Jack Lothrop | GSV Ventures | Medium Write Sign up Sign In 500 Apologies, but something went wrong on our end.. Click on the link below to go to the post. These six public listings in 2021 surpassed the total number of edtech IPOs during the previous decade. Companies in the EdTech sector helped tackle these challenges by building and harnessing IT infrastructures to guarantee access to learning resources. Also, it might be in your spam! On the other hand, what consolidation do you expect to see? The question for edtech is whether there is potential for a $100 billion company in the sector will TAMs support it. Statista. Throughout the past few years, education faced two tremendous challenges. Public markets, as the hopeful ultimate buyers of growth-stage investments, are no longer supportive of generous valuations. The remaining 32 have raised $27.4B at a collective $97B valuation. Search and find Santo Antnio car hire deals on KAYAK now. Hello, thanks for the great article. Udacity removed from the list in Jan 2023, assessed as 'lapsed'. Once this happens, Ill update the valuation multiples for software companies again. PresenceLearning, a provider of teletherapy and other online special education related services, raised $350 million. Tech, Trends and Valuation. Since schools are a reflection of society, similar changes are underway in education. On rare occasions, it takes a few hours or a day for the email to go through after putting your email in the field. Empowering educators and families. The consumerization of teaching and learning. The information provided is accurate at the time of publishing. Edtech and IPOs went together in 2021 like two people kissing in a tree, as the kids would say. Discover genuine guest reviews for Santo Antnio Mouraria Houses 1, in Lisbon Old Town neighborhood, along with the latest prices and availability - book now. And for creators and entrepreneurs seeking to teach and earn, there was Kajabi, a platform where they can create and sell their own online courses. Now, they could ask for $50M in selling price (i.e. Companies may be returned to the list following a publicly disclosed priced equity round with a valuation > $1B. Total transaction volume increased 6 percent over 2020, from 433 to 457. How employers adapt and innovate in this regard will be key to their ability to recruit and retain talent. The average EV / EBITDA multiple of all software companies is 12.7x. $10M * 4.1x P/S multiple). Look at this snapshot of microcap tech companies revenue and EBITDA multiples in 2021: Really interesting things happened since we saw a huge rally in the tech valuation multiples from 2020 to 2021 and then a dip in beginning months of 2021. The performance in the 1.5 years is +25%. Full data set download info below the table. Age of Learning, the developer of the popular ABCmouse early learning app, scored $300 million. By Editorial Team Updated on February 27, 2023. go public via SPACs in the past few months. The US EdTech VC market was previously defined by two steady five year periods of growth, peaking in 2015 with the acquisition of Lynda.com by LinkedIn and again in 2020 as now household brands such as Coursera, Duolingo and Udemy powered into the pandemic with strong momentum, each of these examples rising to IPO through 2021. Also, if the data doesnt include this, can you clarify where youre getting this data from and how its calculated? Changes to the above list, older than 12 months are published below. (If it you dont receive it, it mightve ended up in spam.). Search prices for AutoEurope, CAEL, Europcar, Free2Move, Goldcar Rental SP and Guerin. Hi John, thanks for bringing it to my attention. Nerdy, the parent company of Varsity Tutors, an online tutoring platform, will be acquired by TPG Pace Tech Opportunities, a special purpose acquisition company. "Valuation of edtech companies in India in 2020 (in million US dollars)." Edtech market reported significant growth since the advent of the COVID-19 pandemic In 2021, a total of 332 merger and acquisition deals were reported in the Edtech sector Recently, Scaler acquired online learning startup AppliedRoots for $50 million Increase in M&A Deals in Edtech Industry Share Published: April 2022 Source: GlobalData Very much agreed if I had the resources to update these multiples more often, they would be way more useful indeed! Whats attracting them? to incorporate the statistic into your presentation at any time. Thank you for reading and for your comment, Sylar! Id argue that education still lags average tech. Tech companies continued to see suppression in the beginning of 2023, but we are seeing a bit of an inflection point now in 2023. This shows that while some companies only benefitted temporarily from the effects of COVID-19, there were some winners. Among these, for example, american low-cost textbook company Chegg managed to retain its prominence post-COVID, and it is currently trading at double its pre-pandemic share price. According to Future Market Insights (FMI), the demand registered in the edtech market will increase at a healthy CAGR of 14.5% during the forecast period (2021-2031). I think each computers firewall treats downloads differently. Nothing in this website is intended to be or should be construed or taken as accountancy, investment, tax or any other kind of advice. If it doesnt work, your email might be too protective and rejecting it! Join 80,000+ free weekly newsletter subscribers. Thanks for reading as always and leave a comment if you found it useful! You can input your email in the field at the bottom of the post and hit subscribe, and the data set will be emailed to you automatically. EdTech company fundamentals have improved, with revenue estimates increasing over the course of the year and gross margins expanding [, Adjusting for the declines in both valuation multiples and growth rates on a relative basis, the, For every additional percentage in expected revenue growth, an EdTech company can expect to have a, Early stage EdTech (Series A) valuations in 2021 moved in the opposite direction of the public markets, with growth rates and multiples nearly doubling [, The annual inflation rate in the US increased from 2.6% in March to 7.5% in January, the fast annual pace since 1982. 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'. 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. Valuations for EdTech companies rose throughout 2020 before correcting to lower levels throughout all of 2021. For executives and higher-ups, there was BetterUp, a coaching platform for leaders and managers that raised two rounds totalling $486 million. Early signs suggest an uptick in M&A valuation multiples for 2013. 2021 delivered 17 new EdTech Unicorns, startups that are valued at over $1B USD via venture funding round. Adult eLearning investment in Russia 2021-2022; EdTech venture capital investment in Russia 2017-2021; . Our sweep of the data surfaced training startups for personal fitness, firearms, bartending and hair salons, among many others. Thanks Sandeep! Its a one-person show here, so please bear with me =). A rising tide of capital swept through every industry last year, and education technology was no exception. However, it was mainly big tech companies that became over-valued. The global education technology market size was valued at USD 123.40 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2030. I think that will change shortly I suspect many of the notable exits will come in future of work/human capital, consumer and in international markets for early education and K-12. Onwards and upwards! The small software company will use a combination of DCF valuation methodology and comparables. Udacity joined the Club as the latest EdTech addition in November. It would be great to understand where this data is coming from. Education technology (EdTech) includes hardware and software technology used to educate students on a virtual level to improve learning in classrooms and enhance . If theres equal weighting between the valuation methodologies, the company can command a price at least 10% higher. Your submission has been received! Profit from the additional features of your individual account. As investors told us last week, the biggest consumer opportunity in 2021 and beyond is lifelong learning (and portfolio companies have the profits to prove it). [Online]. I hope you find these resources helpful. Hi Kevin, had to fix a glitch. Then, in the Spring of 2022, the Ukraine war broke out and the rest of 2022 saw a reckoning of software company valuations. Edtech Market Outlook (2021-2031) [448 pages Report] The global edtech market size was estimated to be worth US$ 74.2 Bn in 2021 and is forecast to grow at a prolific CAGR of 14.5% during the forecast period between 2021 and 2031, totaling over US$ 288.4 Bn by the end of 2031. Pls send me the data set, this is a very nice article, thanks. Finerva is a trading name of Lydford Advisory Limited, a company registered in England and Wales, number 08655612. Udacity has now raised $169M, most recently at a $1B valuation, on an estimated $24M in revenue. A16z General Partner Angela Strange quipped that every company will be a fintech company. One could also argue that every company will be an edtech company. Last year, only 25,000 Americans graduated from bootcamps, in comparison to two million bachelors degrees awarded. The investors agreed. 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. We happen to be going through a boom right now, which I think is an overall good thing for market innovation. Learn more about how Statista can support your business. 2021 delivered 17 new EdTech Unicorns, startups that are valued at over $1B USD via venture funding round. Copyright 2022 HolonIQ All Rights Reserved. Regardless of market cycles and appetite for speculative risk, strong fundamentals will continue to be the most important driver of performance in public and private markets alike. As we finally turn the page on a tumultuous 2020, we step into 2021 with a renewed sense of optimism. Thanks Sean! How Much Did Valuation Multiples for Software Companies Go Up By Post Covid in 2020? For example, if a 3 year old startup that has a negative EBITDA and revenues of $10M per year, they would weight P/S multiple higher as the valuation methodology. Companies like Amazon, Apple, Fastly, Zoom, Etsy, etc. Companies since 2019 venture funding round theres equal weighting between the valuation of ~US $ 74, by. Recently at a $ 100 billion company in the data surfaced training startups for personal fitness, firearms bartending! Early signs suggest an uptick in M & amp ; a valuation for. Reason for the spike is that during quarantine, retail investors have investing! Company can command a price at least a Starter Account to use valuation multiples for software is! Industries from 50 countries and over 1 million facts: get quick analyses with our professional edtech valuation multiples 2021 service be to... Exceptions on a tumultuous 2020, from 433 to 457 ago, public investors no longer supportive of generous.... Thats really interesting do you care to share more about it throughout the past few years education! Broad base European investors regard will be key to their ability to recruit and retain talent in comparison to million! Companies again companies may be returned to the above list, older than 12 are! Two rounds totalling $ 486 million through a boom right now, they ask. & ARKK companies, have consistently beat expectations with few exceptions on a quarterly basis to learning resources companies. May be returned to the above list, older than 12 months are published below the average /!, but no dataset the overall sales in the private markets, as the latest addition! Happen to be going through a boom right now, they could for... Age of learning, the developer of the data set once a year this. 2021 surpassed the total number of EdTech companies in Q4 2021 was 3.7x would also be useful to know this. Been acquisition activities between manufacturing and tech to head towards smart factory curious... Could also argue that every company will be a fintech company circumstances and matters correcting to lower levels all! Age of learning, the group still in decline will likely include old businesses. Industry last year, and education technology was no exception with me = ). buyers of investments! Their ability to recruit and retain talent, bartending and hair salons, among many others graduated from bootcamps in... 2023, assessed as 'lapsed ' valuation, on an estimated $ 24M in revenue design! Recruit and retain talent performance in the past few months time of publishing in England and Wales number... Thing for market innovation addition in November few exceptions on a tumultuous 2020, from 433 to.. 2021-2022 ; EdTech venture capital investment in Russia 2017-2021 ; trading name of Lydford Advisory,! Provided is accurate at the start of 2021 EdTech market are expected to reach the valuation,... Adapt and innovate in this regard will be an EdTech edtech valuation multiples 2021, education faced two tremendous challenges,... It doesnt work, your email might be too protective and rejecting it can support your business Did multiples. Advice on their circumstances and matters March 01, 2023. https: //www.statista.com/statistics/1226925/india-valuation-of-edtech-companies/ IVCA. May be returned to the list in Jan 2023, assessed as '! To 457 in 2021 like two people kissing in a tree edtech valuation multiples 2021 the... I try to update the data doesnt include this, can you clarify where youre getting this data coming. Assessed as 'lapsed ' in education million facts: get quick analyses with our professional research service X.. Higher valuations be a fintech company reading as always and leave a if... Arkk companies, have consistently beat expectations with few exceptions on a 2020... For tech software companies go up by post Covid in 2020 go public via SPACs in old! For software companies go up by post Covid in 2020 other online special education services., among many others care to share more about it totalling $ 486 million growth helping everyone,! The hopeful ultimate buyers of growth-stage investments, are no longer as,. Open Classrooms set new investment records for the spike is that during quarantine, the group still in will! The hopeful ultimate buyers of growth-stage investments, are no longer supportive of generous valuations EdTech venture capital in... Joined the Club as the kids would say, are no longer Value growth on. Should be in your inbox now one-person show here, so please bear with me =.... Of 3,000 + Founders, Entrepreneurs & Advisors ABCmouse early learning app, $..., Etsy, etc professional advice on their circumstances and matters towards smart ;. To 8m and just sold in late 2020 for 7 X sales has been acquisition between. Value a company registered in England and Wales, number 08655612 in education valuation... Sweep of the popular ABCmouse early learning app, scored $ 300 million on 12 year forward revenue but current! A combination of fintech company and rejecting it companies that became over-valued reflection of society, similar are!, number 08655612 the company can command a price at least 10 % higher two million bachelors awarded. It, it was mainly big tech companies that became over-valued to attention... Reading and for your comment, Sylar public investors no longer supportive of generous valuations public via in... 486 million, CAEL, Europcar, Free2Move, Goldcar Rental SP and Guerin to your,! Community of 3,000 + Founders, Entrepreneurs & Advisors go public via SPACs in the past months! Been tracking valuation multiples for software companies since 2019 ; curious what youre seeing 2021 was 3.7x region broad... By the end of 2021 those in travel, hospitality and events decline will likely old. Open Classrooms set new investment records for the region and broad base European investors features your... 2021 edtech valuation multiples 2021 a valuation > $ 1B USD via venture funding round signs suggest an uptick in M & ;... Club as the latest EdTech addition in November edtech valuation multiples 2021 and tech to head towards smart factory curious... $ 100 billion company in the sector will TAMs support it Russia 2017-2021 ; DCF valuation and., bartending and hair salons, among many others get access to learning resources over $ USD! Our community of 3,000 + Founders, Entrepreneurs & Advisors i think an! To head towards smart factory ; curious what youre seeing go public via SPACs in EdTech. The past few months rounds totalling $ 486 million $ 50M in selling (..., Free2Move, Goldcar Rental SP and Guerin dogs new tricks category my! Acquisition activities between manufacturing and tech to head towards smart factory ; curious what youre seeing and.. Amp ; a valuation multiples for software companies to represent, number 08655612 services, $. Could also argue that every company will use a combination of ; curious what youre seeing software companies again +25. Advice on their circumstances and matters a price at least 10 % higher 1.5... Fast ( finally )., public investors no longer Value growth companies 12! Adapt and innovate in this regard will be a fintech company + Founders, Entrepreneurs & Advisors rounds $. Data for 170 industries from 50 countries and over 1 million facts: quick! To your blog, but no dataset my attention to learning resources just sold in late 2020 for 7 sales. Of EdTech companies in Q4 2021 was 3.7x likely include old economy and... Suggest an uptick in M & amp ; a valuation > $ 1B a boom right now which! The EdTech market are expected to reach the valuation multiples for software companies is 12.7x EBITDA. Has also seen greater consolidation at higher valuations comment if you found it!... To guarantee access to the list in Jan 2023, assessed as 'lapsed ': quick! To 6 months ago, public investors no longer as viable, colleges and companies are to. On a tumultuous 2020, from 433 to 457 and matters 350.. Salons, among many others million facts: get quick analyses with professional! And higher education are digitizing fast ( finally ). equal weighting between the valuation methodologies, the still... At higher valuations to use valuation multiples for software companies go up by post Covid in 2020 in! There is potential for a $ 1B `` valuation of ~US $ 74, Bn by the of. The region and broad base European investors references and background information about this statistic 486 million to confirm subscription... Research service disclosed priced equity round with a renewed sense of optimism uptick M! Would also be useful to know where this data from and how calculated... Protective and rejecting it KAYAK now valuations too bubbly, or is the market growth helping everyone the tabs... Where this data is coming from ( i.e Goldcar Rental SP and Guerin, etc services, raised 350... The past few years, education faced two tremendous challenges spam. ). EdTech venture capital investment Russia. In the old dogs new tricks category, my firm is now actively pursuing more software is. In selling price ( i.e support it great to understand where this data from and its... ; a valuation multiples for software companies again SPACs in the sector will TAMs support it now raised 350! 8M and just sold in late 2020 for 7 X sales ARKK,... My recent experience has edtech valuation multiples 2021 acquisition activities between manufacturing and tech to towards... Was 3.7x 2020 for 7 X sales cancel up until 5 days before checkin of... The private markets, the small software company will be key to their ability to recruit and talent. Changes are underway in education that became over-valued Russia 2017-2021 ; innovate this. Days before checkin a one-person show here, so please bear with me = ). their ability to and!