GSV Announces GSV EdTech 150, Top Digital Learning Companies

More than 3,000 private companies backed by venture capital and private equity were evaluated to create the acclaimed list of companies revolutionizing the world of education technology. GSV estimates that together, these 150 companies reach about 3 billion people – almost half of the world’s population – and generate around $ 20 billion In income.

“Today we are announcing the annual GSV EdTech 150,” said Luben Pampulov, partner at GSV Ventures. “As the global pandemic continues to push online learners, more and more companies are innovating in the digital learning space, making companies increasingly competitive to make the top 150. We have rated over 3,000 companies worldwide this year. The way GSV sees it, Ed is on the edge, and more and more companies have the ideas, the know-how and the talent to transform the world and provide everyone with equal access to the future. We know these companies are well equipped to help us achieve this goal, and we look forward to seeing them do it. “

GSV launched the list of education technology leaders in 2020 with the EdTech 50. Due to the rapid growth of the sector, necessitated by a global pandemic and remarkable and continuous technological developments, the list has grown to 150 in 2021. In 2022, the sector shows no signs of slowing down, with the 150 companies selected for this year’s list collectively seeing double-digit revenue growth.

Learn more about the GSV EdTech 150 and the selection process here.

To arrive at the listing, GSV assessed over 3,000 private, for-profit companies funded by venture capital and private equity that met the following criteria:

  • VC or PE funded companies in digital learning, excluding public and not-for-profit companies
  • Companies which have reached a significant scale, and mainly, but not exclusively, those which are later than series A in their development
  • Companies experiencing strong organic growth in turnover

Final selection is determined by GSV’s proprietary scoring system, which applies scores to multiple KPIs such as revenue scale, revenue growth, active learner reach, international reach, and margin profile.

The GSV EdTech 150 is divided into three main areas: Lifelong Learning, Higher Education and Kindergarten to Grade 12. Lifelong Learning (including Workforce Learning and Adult Consumer Learning) is the leading sector with 42% of the GSV EdTech 150 falling into the category, with an additional 5% of companies serving the mix of lifelong learning and higher education and another 3% serving both K-12 and lifelong learning. Together, Kindergarten to Grade 12 and Early Years make up 27% of the list, while companies in the higher education sector make up only 5% and 9% of the GSV EdTech 150 serve a mix of the two. Interestingly, more companies are serving all sectors than ever before, with 9% of the GSV EdTech 150 serving the three main sectors.

North America – More precisely United States – is the most represented region with 56% of the GSV EdTech 150. 11% of the GSV EdTech 150 are from India, whose market is experiencing explosive growth with five EdTech unicorns that include BYJU, Eruditus, Unacademy, Upgrad and Vedantu. Europe, Africa, and the Middle East make up 17% of the list, with several high quality and fast growing companies such as OpenClassrooms, Multiverse and Photomath. Asia, Australia, and New Zealand represent 11% of the list, while China experienced a significant drop in representation due to increased government regulation. Latin America represents 5% of the list and shows strong growth trends, with companies like Hotmart, Descomplica and UOL EdTech leading the way.

The GSV EdTech 150 will be celebrated at the ASU + GSV Summit, the world’s first EdTech event connecting the greatest minds with the belief that everyone has equal access to the future, taking place live and in person in San diego, california, April 4-6, 2022. The 150 companies will have the opportunity to take the stage to participate in round tables or make 15-minute presentations on their business initiatives.

See the complete GSV EdTech 150 on www.asugsvsummit.com/edtech-150

GSV companies
GSV Ventures is a multi-stage, women-led, education-focused venture capital firm of more than $ 7 trillion. The fund is currently investing from the GSV Ventures Fund III and supporting innovative entrepreneurs around the world in the “Pre-K to Gray” Learning Arc. GSV manages more $ 675 million in global investments in EdTech. Portfolios include Andela, Class Technologies, ClassDojo, Coursera, Course Hero, Degreed, Guild, MasterClass, Outlier, Photomath, Quizizz, Lead School, Brightchamps, and ClassPlus, among others.

ASU + GSV Summit
The ASU + GSV Summit is the world’s premier event in education and technology. Started in 2010 with a collaboration between Arizona State University (ASU) and Global Silicon Valley (GSV), the annual summit connects leading minds focused on transforming society and businesses around learning and work. Educators, investors, industry leaders and entrepreneurs around the world come together to participate in the innovation of the future of education for all. 2021 speakers included Mindy Kaling, Jeremy lin, Sal Khan, Arne duncan and Luis Von Ahn. Other speakers from previous years included the President Barack obama, President George W. Bush, former Secretary of State Condoleezza Rice, John Legend, common, Marian wright edelman, Bill gates, Sandra Day O’Connor, Hastings Reed, President Vicente Renard, Malcolm Gladwell, Gloria Steinem, Tony blair, and Howard schultz.

For media relations, contact:
Tessa coan, [email protected]

SOURCE GSV Ventures

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