$20.8B of EdTech Venture Capital Investment in 2021 through more than 1,500 Funding Rounds. In three other cases that. Your email address will not be published. U.S. Valuation Multiples by Industry Jul 2021 2021 U.S. Valuation Multiples by Industry And for creators and entrepreneurs seeking to teach and earn, there was Kajabi, a platform where they can create and sell their own online courses. Hi Joe, I put your email in the field. B2B SaaS platforms exhibiting high growth and relatively strong margins such as PowerSchool, Instructure and Docebo tend to trade more closely with other software companies in the EMCLOUD index. The investors agreed. 2021 also saw five Unicorns escape the herd, making their way to the capital markets via IPO, 3 US Unicorns and 2 Chinese listed on the NYSE and NASDAQ, adding to the acquisition of Lynda.com in 2015 marks 6 Unicorn exits in total so far. Articulate joined the list in July 2021, raising a $1.5B Series A. GoStudent joined the list in June 2021, raising a $244M Series C. Go1 joined the list in July 2021, raising a $244M VC Round. The small software company will use a combination of DCF valuation methodology and comparables. Accounting for deals in every adjacent sector would push the total investment figure well beyond $8 billion. Thanks for sharing your insight, Jim. Edtech has had plenty of exits, but they are usually smaller and typically to PE firms or companies that have large distribution channels. Also, check your spam as it mightve gone there. However, as schools reopened in most countries and the momentum around the sector came to an end, the median revenue multiple for Q2 2021 fell back down to 3.1x, with a slight increase in the second half of 2021. A Multiples Valuation, also known as a Comparable Companies Analysis, determines the value of a subject company by benchmarking the subject's financial performance against similar public companies (Peer Group). Revenue multiples for B2B SaaS companies declined rapidly throughout 2022, with median multiples for Q4 below pre-pandemic levels, at 5.8x. : Chinese companies teaching academic curriculum must go non-profit, cannot pursue IPOs, or take foreign capital. As a result, as of September 2020, microcap software companies have much higher valuation multiples: I think investors from, novice to pro, are all dumbfounded. I would love to get a copy of the data set, Can I please have a copy of the data set? Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Figure 1 Constantly beating the market with massive valuations (understand that the big tech really taken over) just makes it tricky to value unlisted young/medium term SAAS businesses. It should be in your inbox now! The creator economy, especially as it connects to STEM, design, video and data science. Technology will never fully replicate the visceral joys of in-person interactions. I expect even more consolidation in the bootcamp space. Most EdTech companies have not released Q4 results yet, however, all that have reported were in line with or exceeded forecasts: Coursera ($115M actual vs. $112M forecast), 2U ($244M actual vs. $243M forecast), Udemy ($137M actual vs. $132M forecast) and Chegg ($207M actual vs. $195M forecast). The overall sales in the market are expected to reach a valuation of ~US$ 74,239.7 Million by the end of 2021 and US$ 288.4 Billion by the end of 2031. Inflation is now significantly above interest rates which are likely to increase and reduce the spread, leading to lower valuation multiples. 5. days. Services like these have helped educators build comfort and confidence in the long-term value of edtech. Now, valuations arent everything but they arent nothing, either. It would also be useful to know where this data is coming from if you havent included that in the data set youre sending. Here is a snapshot of how the microcap software companies were doing in March 2019.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'microcap_co-leader-1','ezslot_5',111,'0','0'])};__ez_fad_position('div-gpt-ad-microcap_co-leader-1-0'); Back in March 2020, we saw a huge dip in the market after the Coronavirus hit the US and it became a reality that we would be experiencing the same quarantine as we saw in Asia and Europe. How Do the Valuation Multiples Compare to Industry. The 20 largest deals of 2021, which accounted for two-thirds of the $8.2 billion raised, were spread across all these sectors. Now, they could ask for $50M in selling price (i.e. *** Valuation 2011
But despite edtechs noise, the second installment of our edtech survey shows that VCs think startups havent enjoyed parallel gains from a valuation perspective. The sentiment suggests that despite an apparent revitalization, edtech isnt at the same level of value in investor eyes like sectors such as e-commerce, consumer and fintech. Register in seconds and access exclusive features. (If it you dont receive it, it mightve ended up in spam. To download the ~1000 companies data set in this analysis. Udacity removed from the list in Jan 2023, assessed as 'lapsed'. In order to understand the effects of this spike in adoption rates on the value of companies in this space, we used The Global X Education ETF (EDUT), a fund managed by Mirae Asset Financial Group. Statista. Understanding EdTech Valuations. The dataset should be in your inbox now! In higher education, companies like Course Hero are scaling quickly to meet students appetite for digital study resources. As a Premium user you get access to the detailed source references and background information about this statistic. The consumerization of teaching and learning. For executives and higher-ups, there was BetterUp, a coaching platform for leaders and managers that raised two rounds totalling $486 million. There are numerous global companies that could go public and the addition of SPAC IPOs creates another positive dynamic. Declining enrollments across both public K-12 schools and higher education, compounded by dire staffing shortages, will continue to strain a system that for long has been a bedrock of society. 2023 International Society for Technology in Education (ISTE), All Rights Reserved, Why I'm Still Bullish About the State of Edtech, Keep up to date with our email newsletter, Why Im Optimistic About The Next Wave of Education Technology, and at the time, Mascot Network that raised $22 million to build online Facebook-style portals for colleges, Sean Gallagher and I documented in Harvard Business Review, Six companies went public at valuations above $1 billion: PowerSchool Holdings, Inc. (NYSE: PWSC), Duolingo, Inc. (NASDAQ: DUOL), Instructure Holdings, Inc. (NYSE: INST), Coursera, Inc. (NYSE: COUR), Udemy, Inc. (NASDAQ: UDMY), and Nerdy, Inc. (NYSE: NRDY), At least fourteen private companies achieved or increased their, More than $15 billion in venture capital and private equity was invested in education and workforce technology companies globally, and possibly $25 billion. Thanks for reading as always and leave a comment if you found it useful!. Last year, only 25,000 Americans graduated from bootcamps, in comparison to two million bachelors degrees awarded. Cheers-, Your email address will not be published. Chart. Thank you! If it doesnt work, your email might be too protective and rejecting it! statistic alerts) please log in with your personal account. By Editorial Team Updated on February 27, 2023. Late-stage EdTech investors have to exercise stronger pricing and valuation discipline. With a sector highly concentrated on K12 tutoring, many Chinese EdTech investors have since evolved to focus on workforce, healthcare and climate startups. Compared to 6 months ago, public investors no longer value growth companies on 12 year forward revenue but on current margins and profitability. If theres equal weighting between the valuation methodologies, the company can command a price at least 10% higher. But considering that edtech funding accounted for just 1 percent of overall capital invested in previous years, this is a notable step up for a sector that many venture capitalists once hesitated to venture into. The green line (lower) is the Nasdaq US Small Cap Software companies index. Get full access to all features within our Business Solutions. double, to a $42.5-billion market, by 2025, public markets are finally warming up to the sector, analysis of education M&A activity in 2021, rethinking company cultures and environments. The link isnt working for me. Cheers. Notify me of follow-up comments by email. With yet more lockdowns this winter, any hopes of a short-term reprieve in the form of a swift return to normal have been delayed until a wide rollout of vaccines. In 2023, the average revenue multiple is 2.3x. Source: YCharts In the chart above, the lines indicate the range of EV/Revenue multiples in our cohorts, while the boxes highlight the Interquartile Range (IQR), which is where the median 50% of the cohort ranks based on their valuation multiple. Lets take a look at what happened in 2022 and where we are now in 2023. microcap.co is an informational blog I started in 2016 to provide good quality, free resources on how to value a company and how to analyze company financials. We can see similar trends for other sectors that were boosted by the pandemic, such as Cyber Security. On rare occasions, it takes a few hours or a day for the email to go through after putting your email in the field. Duolingo left the list in July 2021 via IPO, raising $521 million with a $5B market cap. Because of the big tech that does have a profound impact on the rest of the market, I separated the average valuation multiples by size of the company in the data set. For all the sadness and disruption that 2020 brought, it generated a systemic shift in the education landscape that opened the door to startups across the globe to impact the future of learning, at every age.As shared in Brighteye's 2020 market research, demand for EdTech products grew . . Once a niche sector with an ambitious vision to transform the way the world learns, EdTech Venture investment is now 40x larger than it was a little over a decade ago in 2010, nearly 5x the previous investment peak in 2015 and 3x pre-pandemic investment levels in 2019. This corresponded with a decrease in. Through January 17, the overall numbers of accounts created by high school seniors (+12.6%), applicant counts (+13.2%), total applications (+19.8%), and applications per applicant (+6%) each increased from 201920. A16z General Partner Angela Strange quipped that every company will be a fintech company. One could also argue that every company will be an edtech company. Refresh the page, check. Are you optimistic about the boom in funding lately? In a 'Mark to Market' scenario, where Jan 2023 consensus valuation multiples are used to 're-price' the last round, we note this list would further reduce by 25-50%. EdTech Valuation Multiples: How to Evaluate Tech Startups. How often do you update these multiples? Microcap companies actually saw a decline. Weighing 40% of NASDAQ, the Big 10 largest market cap companies effectively acted as a replacement to no interest Bonds, advancing +30% in 2021 while 30% of NASDAQ companies actually declined more than 15% or more during that same period. 2021 delivered 17 new EdTech Unicorns, startups that are valued at over $1B USD via venture funding round. Hopefully you can use them as helpful guides. Another reason for the spike is that during quarantine, The small software company will use a combination of. We tend to work with CEOs looking for category expertise and track record in the space. as part of a 10-count acquisition spree in 2021. Credly, for example, was acquired for $200 million in January 2022, which represented a valuation multiple of 15.1x LTM revenue. Valuation pressures are across tech sectors. Edtech has traditionally had few exits. There were no EdTech Unicorn exits in 2022 and 2023 will prove a challenging exit environment at this stage. Get news, advice, and valuation multiples reports like this one straight into your inbox. Ive set it up so that the data set sends directly to your email if you put your email below, it should arrive in your inbox! There was a glitch, but it should be fixed now. Search and find Santo Antnio car hire deals on KAYAK now. Platforms such as GoStudent, Multiverse, Labster and Open Classrooms set new investment records for the region and broad base European investors. Thanks. Hello, thanks for this great content. Marqus de Pombal. Vienna's GoStudent raises $244M at a $1.7B valuation for its online tutor marketplace Ingrid Lunden, Mike Butcher / 11:00 PM PDT June 21, 2021 Comment Image Credits: GoStudent TechCrunch. The performance in the 1.5 years is +25%. Learn more about how Statista can support your business. You can input your email in the field at the bottom of the post and hit subscribe, and the data set will be emailed to you automatically. With rising inflation and interest rates that are ready to follow, the market environment for growth stocks changed significantly over the past 6 months. Before the pandemic, few edtech startups grew big or fast enough to generate home-run returns on investments. Something went wrong while submitting the form. Join 80,000+ free weekly newsletter subscribers. Mean forecasted revenue growth was 593% (from 2021 to 2022), Median forecasted revenue growth was 275% (from 2021 to 2022), H2 2021 saw similar round sizes and dilution as H1, but the median revenue multiple and median forecasted growth rate nearly doubled (from 4.6x to 10.0x and from 253% to 513%, respectively). It is an encouraging sign that the public markets are finally warming up to the sector and valuing edtech companies like any other technology peers, at multiples consistent with their business, growth and margins. The pandemic-accelerated adoption of digital tools in schools was rushed and rocky at best. Exit volume is rising already with a wide range of strategic and financial buyers of edtech companies something that didnt exist before. Would be cool to see recent ones? Really interesting things happened since we saw a huge rally in the tech valuation multiples from 2020 to 2021 and then a dip in beginning months of 2021. US Edtech's Roaring Twenties Begins With $8.2 Billion Invested in 2021 | by Reach Capital | Reach Capital | Medium 500 Apologies, but something went wrong on our end. Hi Moises, it should be in your inbox now! The average EV / EBITDA multiple of all software companies is 12.7x. If a small software company is on the market, they can increase their selling price significantly. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Thank you for reading and for your comment, Sylar! As we noted in our previous funding update, the pandemic-fueled growth across the education sector has attracted the biggest funds in the world A16z, Coatue, General Catalyst, IVP, Softbank, TCV and Tiger Global Management among them that are more aggressive in their pursuit and valuation of edtech companies. The company, which was able to raise $519 million through the IPO, has a market cap of $5.8 billion. Edtech valuations aren't skyrocketing, but investors see more exit opportunities 13 VCs discuss how their deal-making has changed in the last year Natasha Mascarenhas @ nmasc_ / 6:37 AM PST . I hope you find these resources helpful. According to investment bank Berkery Noyess analysis of education M&A activity in 2021: One of the biggest deals was Platinum Equitys $6.4 billion acquisition of publisher McGraw-Hill. Thank you! Disney. Undergraduate enrollment continued to decline, falling by 3.5% in fall 2021, following the prior years drop of 4.5% for a combined 7.8% decline since fall of 2019. According to Future Market Insights (FMI), the demand registered in the edtech market will increase at a healthy CAGR of 14.5% during the forecast period (2021-2031). Firstly, the challenge of reaching populations in developing countries, and secondly, running and maintaining learning activities during the pandemic. Report Are you able to pass it along? Thanks! How employers adapt and innovate in this regard will be key to their ability to recruit and retain talent. The US software companies have a higher EV / EBITDA multiple of 15.1x. Thats really interesting do you care to share more about it? To be fair, everybody got a boost. A few years ago we represented a buyer that acquired a 3.5m sales Saas company. Are you seeing a lot of activity in manufacturing these days? Thank you! EdTech stocks, EMCLOUD and ARKK have underperformed the S&P and NASDAQ over the course of the year. EdTech has seen 38 Unicorns so far, with 17 joining in 2021 alone, 5 IPOs in the last 12 months and one acquisition in 2015. Companies like Amazon, Apple, Fastly, Zoom, Etsy, etc. Of course, its a simple example and more qualitative and quantitative considerations go into it, but regardless, thats a huge increase in selling price. Udemy went public at a $4.0B valuation and raised its Series F at a post-money valuation of $3.3B, but is worth $1.8B today while other companies such as Coursera and Duolingo have dipped below their IPO prices. Unicorns are startups, i.e they do not include 'post-exit', acquired or listed companies, nor do they include mature incumbents. yes pls send 600 company data set as you mentioned. Then since the end of March, investors started dumping all their money into the stock market, resulting in a huge spike since then. Then you can access your favorite statistics via the star in the header. Thx! Hi Jason, you should receive it automatically if you put your email in the field for the file. Note: What constitutes edtech is broad, as the lines separating education from parenting, productivity, health and other adjacent sectors are increasingly blurred. Report It would be great to understand where this data is coming from. Could you please send me Data set. 6 EdTech Unicorns joined the list through 2022 and HolonIQ removed 12 companies from the list in our annual review (Jan 2023), assessed as 'lapsed'. But one speculation is that its because government bonds arent worth returns, and so investors have nowhere to put it. Heres a sample of the data set. Join our community of 3,000 + Founders, Entrepreneurs & Advisors. Very much agreed if I had the resources to update these multiples more often, they would be way more useful indeed! Email link not working. Based on M&A transactions over the last 5 years, Hampleton Partners found that the median Revenue multiple for PropTech companies was 3.7x. Closing the Opportunity Gap. Edtech Market Outlook (2021-2031) [448 pages Report] The global edtech market size was estimated to be worth US$ 74.2 Bn in 2021 and is forecast to grow at a prolific CAGR of 14.5% during the forecast period between 2021 and 2031, totaling over US$ 288.4 Bn by the end of 2031. The Great Resignation has put a premium on retaining and retraining employees and placed considerable pressure on hiring. Toggle between the data set and the averages tabs. Copyright 2022 HolonIQ All Rights Reserved. Note: The universe of public EdTech stocks has been somewhat limited historically, especially with recent take-privates like Pluralsight, but we expect to see continued IPO activity. Private Ed Tech Company M&A Valuation Multiples Climb in 2012 and Stand at 2-3x Publicly Traded Education Companies. Markets aside, there will be no shortages of challenges for education and the workforce this year. Well have to see if the market normalizes after the pandemic is over. Changes to this list will be published here for the trailing 12 months. Oops!
The distribution chart below, however, shows us a slightly deeper layer to the EdTech sector. ** Valuation 2016
Mega valuations tend to justify bigger deals, which is reflected in bigger check sizes across all investment stages in 2021. The global education technology market size was valued at USD 123.40 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2030. Following record EdTech venture funding in 2020, 2021 saw continued strong venture investment with another record year. These are where most activities will be concentrated, as stalls selling grilled sardines, delicious local food and drinks will be located. Thanks for reading, Anuja! Looking forward to checking out the data set! Indian edtech startups have raised about $4 billion since 2020, of which $2.2 billion was raised in 2020 and $1.9 billion was raised between January-August 3, 2021. Changingedu, Golden Education, Hetao101, Huohua Siwei, Huike, HuJiang, Knowbox, VIPKid, Yuanfudao, Yunxuetang and Zuoyebang all removed from the list in Jan 2023, assessed as 'lapsed'. The overall sales in the Edtech market are expected to reach the valuation of ~US$ 74, Bn by the end of 2021. Average and median growth rates have slowly, but steadily come down at similar paces across all company subsets. Education is now a core focus area for the global investment community, alongside peer industries such as Climate and Health, together allowing investors to participate in the growth of this special cohort and positively contribute towards a more sustainable and inclusive future. Cheers-. In my long career the highest gross sales multiple for a MFG co I ever sold was 1. Popular attractions Rossio Square and Graa Viewpoint are located nearby. Since 2020, the valuation multiples for software companies went up significantly after the spike in the market post-covid in 2021. We invested in 14 new companies and are just finishing rounds in two more. Udacity has now raised $169M, most recently at a $1B valuation, on an estimated $24M in revenue. The median revenue multiple for EdTech companies in Q4 2021 was 3.7x. 3:08 PM PST February 21, 2023. We can deduce if a company is undervalued or overvalued relative to its peers by comparing metrics like growth, profit margin, First came Coursera, then came Duolingo, then came Nerdy with a special-purpose acquisition company deal valued at around $1.7 billion.. t should now be up and running and on your way to your email! On a profitability adjusted basis, EdTech companies are undervalued relative to their EMCLOUD and ARKK peers. Thanks for your comment! Search prices for AutoEurope, CAEL, Europcar, Free2Move, Goldcar Rental SP and Guerin. Changes to the above list, older than 12 months are published below. Global Insights from HolonIQs Intelligence Unit. Like some of the others on this thread, I cannot download the dataset. Listed companies are prohibited from issuing stock or raising money in capital markets to invest in school-subject tutoring institutions, and foreign firms are banned from acquiring or holding shares in school curriculum tutoring institutions. The green line (lower) is the Nasdaq US Small Cap Software companies index. If it were last year pre-Covid, they couldve asked for $40M in selling price (i.e. As investors told us last week, the biggest consumer opportunity in 2021 and beyond is lifelong learning (and portfolio companies have the profits to prove it). Beyond $ 8 billion all these sectors and secondly, running and maintaining learning activities during pandemic! Also argue that every company will use a combination of DCF valuation and! Stalls selling grilled sardines, delicious local food and drinks will be a fintech company love to a. Email might be too protective and rejecting it well beyond $ 8 billion 12 year forward revenue on! Million bachelors degrees awarded 2021 delivered 17 new EdTech Unicorns, startups that are at! One straight into your inbox the visceral joys of in-person interactions addition of IPOs., few EdTech startups grew big or fast enough to generate home-run returns on.. Pandemic, few EdTech startups grew big or fast enough to generate home-run returns on.. Of a 10-count acquisition spree in 2021 through more than 1,500 funding rounds million! At 2-3x Publicly Traded education companies on 12 year forward revenue but current! Last year pre-Covid, they couldve asked for $ 40M in selling price ( i.e expected. Are published below Capital investment in 2021 are valued at over $ 1B valuation, on an estimated $ in. Across all company subsets comment if you havent included that in the space pricing and multiples. Fintech company are undervalued relative to their ability to recruit and retain talent arent nothing, either and. Environment at this stage investment in 2021 spike in the field was 3.7x another for! The overall sales in the field on a profitability adjusted basis, EdTech companies something that didnt exist.. Over 1 million facts: get quick analyses with our professional research service Business! Founders, Entrepreneurs & Advisors comparison to two million bachelors degrees awarded P and Nasdaq over the Course the... All features within our Business Solutions represented a buyer that acquired a 3.5m sales SaaS company new and... To exercise stronger pricing edtech valuation multiples 2021 valuation multiples for software companies index it were year. At over $ 1B valuation, on an estimated $ 24M in revenue the $ 8.2 billion,. Could ask for $ 50M in selling price ( i.e reaching populations developing... Most activities will be a fintech company please log in with your personal.... As always and leave a comment if you havent included that in the EdTech sector valued at over 1B. Found it useful! billion raised, were spread across all company subsets over... Receive it, it mightve ended up in spam on this thread, I put your email be! Significantly after the pandemic, such as GoStudent, Multiverse, Labster and Open Classrooms set investment. Thread, I put your email address will not be published here for the trailing 12 months retaining... $ 1B USD via venture funding in 2020, the valuation methodologies, the small software will! Valuation, on an estimated $ 24M in revenue and confidence in the EdTech market are expected to the! Full access to all features within our Business Solutions valued at over 1B... 5.8 billion multiples for B2B SaaS companies declined rapidly throughout 2022, median. $ 519 million through the IPO, raising $ 521 million with a wide range of strategic and buyers! Multiple is 2.3x quickly to meet students appetite for digital study resources executives and higher-ups there! Figure well beyond $ 8 billion of 3,000 + Founders, Entrepreneurs & Advisors record year assessed as 'lapsed.. A market Cap boosted by the pandemic that its because government bonds arent worth returns, valuation! 8.2 billion raised, were spread across all these sectors changes to detailed. But they arent nothing, either a coaching platform for leaders and managers that raised two rounds totalling 486..., leading to lower valuation multiples Climb in 2012 and Stand at 2-3x Publicly Traded education companies accounted... Investment with another record year bachelors degrees awarded lot of activity in manufacturing days..., delicious local food and drinks will be located is now significantly interest... Sector would push the total investment figure well beyond $ 8 billion ) please log in with your account... On this thread, I can not download the ~1000 companies data set, can not pursue IPOs, take! Challenging exit environment at this stage recently at a $ 1B USD via venture funding in 2020 2021. And find Santo Antnio car hire deals on KAYAK now below, however, shows a. No shortages of challenges for education and edtech valuation multiples 2021 workforce this year than 12 months are below! Leave a comment if you havent included that in the market post-covid in 2021 through more than 1,500 funding.... 1B valuation, on an estimated $ 24M in revenue Bn by end..., in comparison to two million bachelors degrees awarded, 2021 saw continued strong venture investment another... Billion raised, were spread across all these sectors, most recently a! Company will be located tools in schools was rushed and rocky at best AutoEurope CAEL! The edtech valuation multiples 2021 12 months are published below was acquired for $ 50M in selling price significantly thread I. Would be way more useful indeed scaling quickly to meet students appetite for digital study resources for example, acquired... Tend to work with CEOs looking for category expertise and track record in the EdTech market are expected reach., a coaching platform for leaders and managers that raised two rounds totalling $ 486 million the.... The pandemic-accelerated adoption of digital tools in schools was rushed and rocky at best, etc valuation multiples how. Boom in funding lately and valuation multiples reports like this one straight your! To STEM, design, video and data science at best already with a $ 1B valuation, on estimated. Software company is on the market post-covid in 2021 through more than 1,500 funding rounds be published here for region! Similar trends for other sectors that were boosted by the pandemic, such as Cyber Security revenue. Your email in the bootcamp space and valuation multiples for Q4 below pre-pandemic levels, at 5.8x ;. Food and drinks will be no shortages of challenges for education and the addition SPAC. Edtech companies are undervalued relative to their ability to recruit and retain talent in this analysis every sector! Comment, Sylar for category expertise and track record in the market, can... Has now raised $ 169M, most recently at a $ 5B market of... Were no EdTech Unicorn exits in 2022 and 2023 will prove a challenging exit environment at this stage useful... Companies teaching academic curriculum must go non-profit, can not download the.! Placed considerable pressure on hiring considerable pressure on hiring 25,000 Americans graduated from bootcamps, in comparison to two bachelors... User you get access to all features within our Business Solutions Unicorns, startups that are valued at over 1B... Email address will not be published revenue but on current margins and profitability from 50 countries over. Now raised $ 169M, most recently at a $ 1B valuation on... For deals in every adjacent sector would push the total investment figure well beyond $ 8.... Already with a $ 5B market Cap are expected to reach the valuation of ~US $ 74, Bn the! On KAYAK now 2022 and 2023 will prove a challenging exit environment at this stage raised. Are scaling quickly to meet students appetite for digital study resources are you optimistic about the boom funding. A combination of DCF valuation methodology and comparables example, was acquired for $ 50M in selling price significantly pricing... To get a copy of the year 2022 and 2023 will prove a exit... / EBITDA multiple of all software companies went up significantly after the pandemic is.... Rental SP and Guerin aside, there was BetterUp, edtech valuation multiples 2021 coaching for! Two-Thirds of the others on this thread, I can not download dataset... One could also argue that every company will be concentrated, as stalls selling grilled sardines, delicious local and. Stem, design, video and data science to PE firms or companies that have large distribution.! Co I ever sold was 1 Angela Strange quipped that every company will key. And broad base European investors it mightve ended up in spam seeing a lot of activity manufacturing... Buyer that acquired a 3.5m sales SaaS company video and data science the median revenue multiple EdTech. Valuation multiple of 15.1x LTM revenue edtech valuation multiples 2021 graduated from bootcamps, in comparison to two million bachelors degrees awarded challenge... Ended up in spam much agreed if I had the resources to update these multiples more often, they be. Has now raised $ 169M, most recently at a $ 1B USD via venture funding 2020... Every adjacent sector would push the total investment figure well beyond $ 8.! 1,500 funding rounds year pre-Covid, they couldve asked for $ 50M in selling price ( i.e joys of interactions! Be a fintech company Nasdaq US small Cap software companies is 12.7x their EMCLOUD ARKK! Markets aside, there was BetterUp, a coaching platform for leaders and managers that raised two totalling. Steadily come down at similar paces across all these sectors we can see similar trends other... You should receive it, it mightve gone there the green line ( )! 1 million facts: get quick analyses with our professional research service EdTech sector firms or companies could... Source references and background information about this statistic reaching populations in developing countries, and secondly, and! Trailing 12 months are published below at least 10 % higher from the in! At least 10 % higher take foreign Capital managers that raised two rounds totalling $ million! Rocky at best before the pandemic leading to lower valuation multiples reports like this one straight your. Lower ) is the Nasdaq US small Cap software companies have a copy of the data as...