A year ago we published the inaugural GSV EdTech 50
, a list of the 50 most important EdTech businesses in the world. At about the same time, 1.6 billion people became online learners overnight as Covid erupted and its impact ushered a new era in education, from B.C. to A.D. — Before Coronavirus to After Disease. As education technology companies worldwide experienced unprecedented demand and growth in the wake of COVID-19, global venture capital investments in education technology kept pace, growing more than 170%, to $13.3 billion. Year-to-date in 2021, the number is around $5 billion. Today's transformational companies in global learning are ensuring that all people have equal access to the future.
We are thrilled to release the GSV Edtech 150
— a list that has tripled to 150 because of the rapid scaling of the sector in the last 12 months. These are the 150 most transformative growth companies in digital learning. We evaluated over 2,000 VC and PE-backed private companies across several factors — revenue scale
, revenue growth
, user reach
, geographic diversification
, and margins profile
, to arrive at the top 150 companies. In a time of great uncertainty in the world, these platforms have been able to aid in transitioning classrooms online, maintaining access to educational resources and opportunities, and up-skilling and re-skilling workers. We estimate that the 150 companies reach ~3 billion people, or close to half of the global population, and generate approximately $20 billion in revenue.
Read more about the EdTech 150 and the selection process here