Edtech has been on the rise for several years, and 2023 is poised to be another pivotal year for the industry. As technology continues to evolve and reshape education, startups are stepping up to the challenge, offering innovative solutions that enhance teaching and learning experiences.
This article aims to identify some of the most promising ed-tech startups to watch in 2023, highlighting their strengths, potential impact, and growth prospects.
Edtech is an exciting and rapidly growing industry, with the potential to revolutionize education for students and teachers alike. According to HolonIQ, the global ed-tech market is expected to reach $252 billion by 2025, driven by the adoption of new technologies, the increasing demand for personalized learning, and the growing importance of lifelong learning.
In this dynamic landscape, startups are playing a crucial role, in developing innovative solutions that address pressing challenges and opportunities in education. In this article, we will explore some of the most promising ed-tech startups that are poised to make a significant impact in 2023 and beyond.
Guild Education is a Denver-based startup that provides education benefits to workers in the United States. The company partners with leading universities and employers to offer online degree and certificate programs, as well as upskilling and reskilling opportunities for employees.
Guild Education has raised over $1 billion in funding and has a valuation of $3.75 billion. The company’s mission is to help workers access affordable education that can lead to better career prospects and higher wages.
Lingo Live is a language learning platform that provides personalized, one-on-one coaching sessions with native speakers. The company uses a proprietary algorithm to match learners with coaches who share similar interests and backgrounds, creating a more engaging and effective learning experience.
Lingo Live has raised $13 million in funding and has worked with over 250 corporate clients, including Airbnb, Dropbox, and Pinterest. The company aims to make language learning more accessible, engaging, and effective for learners worldwide.
Outschool is an online learning platform that offers a wide range of classes for children ages 3 to 18. The platform features live, interactive sessions with expert teachers on topics such as coding, art, music, and science.
Outschool has raised over $130 million in funding and has experienced explosive growth during the pandemic, as parents and students seek alternative learning options. The company’s mission is to provide affordable, high-quality education that inspires a love of learning in students.
Yellowdig is a social learning platform that enhances classroom engagement and collaboration. The platform features discussion boards, gamification, and analytics tools that help instructors create more interactive and effective learning environments.
Yellowdig has raised over $6 million in funding and has partnerships with over 50 universities, including Penn State and the University of Michigan. The company’s mission is to transform traditional classrooms into dynamic communities of learners.
Edovo is a Chicago-based startup that provides educational content and job training to incarcerated individuals. The company’s tablet-based platform offers courses in subjects such as math, literacy, and vocational skills, as well as cognitive-behavioral therapy and reentry resources.
Edovo has raised over $23 million in funding and has partnerships with over 30 state and county correctional facilities. The company’s mission is to reduce recidivism and improve outcomes for justice-involved individuals.
AdmitHub is an AI-powered chatbot that provides college admissions guidance and support to high school students. The chatbot uses natural language processing to answer common questions, provide resources, and offer personalized advice. AdmitHub has raised over $16 million in funding and has partnerships with over 150 colleges and universities, including MIT and Duke University.