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10 Fastest-Growing Edtech Startups (2021)

This is a list of growing startups in the education technology space.

Big names like Udemy, MasterClass and Teachable might get all the attention.

(And we will cover many edtech unicorns on this list)

But there are plenty of smaller, fast-growing Edtech startups to keep an eye on in 2021 and beyond.

Without further ado, let's dive into the list.

1. Cambly

Cambly Inc. chart.png

5-year search growth: 2400%

Search growth status: Exploding

Year founded: 2013

Location: San Francisco, CA

Funding: Undisclosed amount (Series B)

What they do: Cambly is an on-demand video platform for finding English language tutors. Includes features for lesson recordings, chat translations, courses and certifications. Cambly has a plan specifically for organizations that want to learn English.

2. Outschool

Outschool chart.png

5-year search growth: 6600%

Search growth status: Regular

Year founded: 2015

Location: San Francisco, CA

Funding: $55M (Series B)

What they do: Outschool is an educational platform for small live classes designed for homeschooling. Specifically, students and parents can choose from over 1,000 live classes designed for children, including ballet, drawing, STEM skills and anthropology. To date the company has had 500,000 students take at least once class. And teachers have generated a reported $45 million from the platform.

3. Labster

Labster chart.png

5-year search growth: 238%

Search growth status: Exploding

Year founded: 2011

Location: Copenhagen, Denmark

Funding: $43.7M

What they do: Labster hosts several "virtual labs" for doing experiments in VR. Specifically, students use VR and AR software to practice lab techniques virtually. The major benefit is that students can practice in a safe environment. And prepare them for real-world lab work. Labster currently has over 150 virtual labs on its platform and boasts over 1,000 University clients.

4. Teachoo

Teachoo chart.png

5-year search growth: 9600%

Search growth status: Regular

Year founded: 2014

Location: Pune, India

Funding: None disclosed

What they do: Teachoo is an education platform that hosts a variety of online courses designed for English speaking students in India. Current course offering include tax preparation, Microsoft Excel and math.

5. Preply

Preply chart.png

5-year search growth: 2400%

Search growth status: Exploding

Year founded: 2012

Location: Kyiv, Ukraine

Funding: $15.5M (Series A)

What they do: Preply is an online marketplace for finding tutors in a variety of different languages. The Preply platform also contains a "structured learning" option for those that want a tutor to help them take a more organized route. In addition to rankings, Preply also ranks tutors based on a machine learning model. The company reports that they have over 100,000 students on their platform.

6. Lessonly

Lessonly chart.png

5-year search growth: 609%

Search growth status: Peaked

Year founded: 2012

Location: Indianapolis, Indiana

Funding: $30M (Series C)

What they do: Lessonly is software to help facilitate in-house staff training for companies. In other words, it's a learning platform for the B2B market. Their software comes with plug-and-play modules for training customer service reps and sales staff. Along with interactive tools that help employees practice scenarios they'll face in the real world.

7. Embrace

Embrace chart.png

5-year search growth: 3500%

Search growth status: Regular

Year founded: 1999

Location: Highland, Illinois

Funding: None disclosed

What they do: Embrace is a tool for helping teachers document student performance in the classroom. The tool is designed to save educator's time when creating lesson plans and documenting results. Embrace reports that their tool cuts down reporting time by about 50% compared to traditional methods.

8. GoPractice

gopractice chart.png

5-year search growth: 2800%

Search growth status: Regular

Year founded: 2018

Location: Simpsonville, South Carolina

Funding: None disclosed

What they do: GoPractice is an online training program for learning how to grow a customer base. Unlike some of the other edtech companies on this list, GoPractice doesn't offer a variety of courses in different areas. Instead, their 12-week course is designed to help startups find product market fit, launch, and scale their product. GoPractice includes lessons on product management, systems thinking, and data analytics.

9. BetterUp

BetterUp chart.png

5-year search growth: 195%

Search growth status: Regular

Year founded: 2013

Location: San Francisco, CA

Funding: $144M (Series C)

What they do: BetterUp is a coaching and training platform designed to boost employee engagement and productivity. Focused on enterprise companies, BetterUp is technically SaaS. But also delivers coaching services through its platform.

10. CuriosityStream

CuriosityStream chart.png

5-year search growth: 364%

Search growth status: Regular

Year founded: 2015

Location:  Silver Spring, Maryland

Funding: $254M

What they do: CuriosityStream is "Netflix for educational content", like documentaries and educational series. Plans range from $2.99/mo for HD video to $9.99 for 4K quality. CuriosityStream's advisory board includes notable names like Glenn Close, Don Henley, and Michio Kaku.

10. Udemy

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5-year search growth: 325%

Search growth status: Regular

Year founded: 2009

Location: San Francisco, CA

Funding: $296M

What they do: Udemy is a platform with 130,00 courses on dozens of different topics, from marketing to singing. In additional to à la carte course offerings, Udemy also has a "Udemy for Business" plan. This a subscription service that allows unlimited access to 5,000 courses.

Conclusion

That completes this list of 10 Edtech startups with significant growth in 2021.

What stands out about many of these companies is the fact that they cater to completely different markets, from schoolchildren to executives that spend most of their time in B2B boardrooms.

Last Updated: 
February 12, 2021
Josh Howarth
Co-founder of Exploding Topics.

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