Mikey Tom March 21, 2016
In 2011, Marc Andreessen famously coined the phrase “software is eating the world.” The truth in that statement may not have been apparent to everyone at the time, but over the past half-decade it's come to be seen as fact. The disruption seen in healthcare (insurance tech), the financial industry (bitcoin/fintech) and the transportation industry (autonomous cars) exemplifies this idea perfectly. Software is changing almost every industry in some way, and as its reach spreads, venture capital dollars are following right behind.
Edtech is one of the industries that has seen marked growth in VC interest as of late. Since the beginning of 2010, 549 VC investors have completed 566 venture deals in companies targeting this industry worldwide. 54% of those rounds have been made at the early stage, with seed and late-stage rounds following well behind at 26% and 17%, respectively. 16 VC investors have backed at least five of the startups during this timeframe, and three VCs have completed deals in at least 10 edtech companies. Investment activity within the sector peaked in 2014 and 2015, when a combined 247 deals were completed.
1. Kapor Capital (17)
2. Learn Capital (15)
3. Rethink Education (13)
4. New Enterprise Associates, New Markets Venture Partners (8)
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