// SECTOR DOSSIER
edtech Unicorns
Every edtech unicorn we track — 24 private companies valued $1B or more, tiered by paper valuation. Combined balance sheet myth: $70B.
TIER 2 // PRIORITY TARGETS
The Decacorns $10B – $99B · 2
TIER 3 // STANDING HORDE
The Unicorn Herd $1B – $9.9B · 22
- Articulate$3.75BUNITED STATES
- Unacademy$3.4BINDIA
- Udemy$3.25BUNITED STATES
- ApplyBoard$3.2BCANADA
- Eruditus$3.2BINDIA
- Age of Learning, Inc.$3BUNITED STATES
- VIPKID$3BCHINA
- MasterClass$2.75BUNITED STATES
- Multiverse$1.7BUNITED KINGDOM
- Coursera$1.5BUNITED STATES
- Duolingo$1.5BUNITED STATES
- ClassDojo$1.25BUNITED STATES
- upGrad$1.2BINDIA
- Luoji Siwei$1.1BCHINA
- Vedantu$1BINDIA
- JoyTunes$1BISRAEL
- Zuoyebang$1BCHINA
- Go1$1BAUSTRALIA
- Huikedu Group$1BCHINA
- iTutorGroup$1BCHINA
- Quizlet$1BUNITED STATES
- BYJU'S$0.5BINDIA