Best Edtech Companies Around the World

The COVID -19 pandemic has set out a new kind of normal in different sectors, education being one of them. Online learning has become more prominent so as to not interrupt students from attaining education. The result is thriving edtech companies that have been continuously churning out different apps that aid learning.
Edtech industry has seen a steady growth since the pandemic. According to statistics, the global education technology market size was estimated at $237.6 billion in 2021, and it is expected to hit $998.4 billion by 2030, at a CAGR of 17.3%. This explains the springing up of lots of new edtech startups. (Source: https://catamarcanews.com/education-technology-market-is-expected-to-reach-998-4-billion-by-2030-says-ps-intelligence/ )

The Top 12
There are plenty of edtech companies in the market today, combining all kinds of innovative technology with education to give the best of online learning to students, while lifting the burden off the shoulders of educators.

Here are the best 12 edtech companies that are reigning the industry at the moment.

Located in Bangalore, India, Byju’s entered the edtech industry in 2011. Byju’s started off as a simple learning platform back then. At present, the edtech startup is known to be one of the established names in the industry, still spreading its presence across the world.

As of reports of March 2022, Byju’s app has 150 million users—a sudden leap from 80 million in early 2021. The app has also reported over 2 million downloads worldwide in Google Play as of September 2020. (Source: https://mobilemarketingreads.com/byjus-revenue-and-usage-statistics-2020/)

Byju’s app provides online video lessons to students from Grades LKG to 12th through their mobile and web apps. It also provides study materials for students to prepare for common entrance exams in India.

The video lessons come with gamified representation of concepts that keep the learners engaged and make learning fun. Statistics of 2020 reveal the amount of time spent by users who used to spend 70 minutes per session on the app twice or thrice per week has increased to 100 minutes per day.

What keeps Byju’s at the top of the list of popular edtech companies is that they continuously keep innovating to create great learning experience for students.

Located in Bangalore, India, Byju’s entered the edtech industry in 2011. Byju’s started off as a simple learning platform back then. At present, the edtech startup is known to be one of the established names in the industry, still spreading its presence across the world.

As of reports of March 2022, Byju’s app has 150 million users—a sudden leap from 80 million in early 2021. The app has also reported over 2 million downloads worldwide in Google Play as of September 2020. (Source: https://mobilemarketingreads.com/byjus-revenue-and-usage-statistics-2020/)

Byju’s app provides online video lessons to students from Grades LKG to 12th through their mobile and web apps. It also provides study materials for students to prepare for common entrance exams in India.

The video lessons come with gamified representation of concepts that keep the learners engaged and make learning fun. Statistics of 2020 reveal the amount of time spent by users who used to spend 70 minutes per session on the app twice or thrice per week has increased to 100 minutes per day.

What keeps Byju’s at the top of the list of popular edtech companies is that they continuously keep innovating to create great learning experience for students.

Blackboard has a variety of products and services that serve higher education, K-12, businesses and government. They help educational institutions succeed through their services, such as marketing and enrolment, LMS, etc. Blackboard also helps K-12 communities to teach, learn and stay connected. Their products and services are also used by businesses and government to provide skill training.

Based in California, USA, Coursera is a well-known MOOC platform that connects learners with over 150 universities. They offer over 4000 courses across different subject areas, thus helping students acquire the best education at their own pace.

Coursera provides on-demand video lectures to learners through their mobile and web platforms. They also have community forums that learners can make use of to interact and learn.

As of the reports of early 2021, Coursera had a total of 82 million registered users. The pandemic saw a rise in Coursera users, many of whom resorted to learning online for their degrees or professional skill upgrading. As a result, the company had recorded a 40 to 50% increase in revenue over the first two financial quarters in 2020. (Source: https://www.thinkimpact.com/coursera-users/#7-impact-of-the-covid-19-pandemic )

Coursera is one of the biggest startups to provide education through eLearning. The company has raised $313 million through a total of nine funding rounds. Coursera’s total valuation stands at $7 billion.

Founded in 2005, Chegg is an online learning platform that provides students a wholeseome learning experience. As of the statistics from 2021, Chegg was reported to have 7.8 million subscribers, which is expected to grow with the latest innovations introduced by the company.

Chegg mainly works in three major areas of learning. The platform provides learning resources to students. Learners can opt for online tutoring on the platform. Chegg also helps students with their homework and in self-learning. Students can also buy, rent and sell books in the platform.

Last year, Chegg had introduced Uversity, a platform that allows educators to share learning content. Using student data and AI, the platform provides relevant content to learners, be it in the form of flashcards, videos, quizzes, math, or writing support, to give them a personalized learning experience based on their needs.

Teachers Pay Teachers aka TPT is an edtech company created by teachers for teachers to interact with each other, share content and tools for teaching.

At present, TPT’s community includes 7 million educators and a catalogue of over 5 million pieces of educator-created content to support students in learning as well as to learn from each other.

The company aims at creating connectivity within the teacher community. Teachers can use the platform to sell and buy worksheets, lesson plans, and additional material from their peers.

A popular online marketplace for original educational resources, Teachers Pay Teachers generates annual revenue of $25 to $50 million.

Founded in 2008, Instructure is another edtech start up that provides to the teaching community. Instructure combines LMS and MOOC to provide education to students.

Teachers get to create new courses and also allot assignments. There are also 3000 universities listed in the platform.

At present, Instructure supports over 30 million educators and learners at more than 6000 organizations globally. It also has over 6 million consistent users.

Knewton is a New York-based advanced edtech company that focuses on providing a personalized learning experience to learners through adaptive technology.

Knewton encourages smart learning by allowing students to realise their strengths and weaknesses, while helping them improve in the areas they are weak at. The platform provides analytical reports regarding students’ performance to teachers.

Knewton aims at making eLearning easy. They provide personal recommendations to students with regard to what they have to study, analytics to teachers to support students in a better manner and content insights to publishers to create better learning products.

Knewton is a New York-based advanced edtech company that focuses on providing a personalized learning experience to learners through adaptive technology.

Knewton encourages smart learning by allowing students to realise their strengths and weaknesses, while helping them improve in the areas they are weak at. The platform provides analytical reports regarding students’ performance to teachers.

Knewton aims at making eLearning easy. They provide personal recommendations to students with regard to what they have to study, analytics to teachers to support students in a better manner and content insights to publishers to create better learning products.