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%. Firstly, the challenge of reaching populations in developing countries, and secondly, running and maintaining learning activities during the pandemic. 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. He is also Board Chair ofVillage Capital. Look at this snapshot of microcap tech companies revenue and EBITDA multiples in 2021: 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. But overall, it seemed to have an opposite effect for microcap companies. Nerdy, the parent company of Varsity Tutors, an online tutoring platform, will be acquired by TPG Pace Tech Opportunities, a special purpose acquisition company. If a small software company is on the market, they can increase their selling price significantly. Impact Venture Investment in 2021 reached $104B, EdTech securing over $20B, ClimateTech $37B and Digital Health $47B. Thanks! 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. This would be very helpful to me. Markets aside, there will be no shortages of challenges for education and the workforce this year. To use individual functions (e.g., mark statistics as favourites, set I expect even more consolidation in the bootcamp space. Bigger exits drive higher valuations, and the U.S. currently accounts for 15 of 33 edtech unicorns around the world, according to HolonIQ. Name a job, skill or hobby, or ask any question, and chances are there is a company or course dedicated to it. July 2021 $273,000,000 Initial Public Offering Professional and financial services software July 2021 $250,000,000 Initial Public Offering Education technology software . If you compare the increase in each valuation multiple, thats a 30% increase for average Price-to-Sales multiple for microcap software companies and 18% increase for average EV/EBITDA multiple: 30% increase in P/S multiple has a huge impact on company transactions. ", IVCA, Valuation of edtech companies in India in 2020 (in million US dollars) Statista, https://www.statista.com/statistics/1226925/india-valuation-of-edtech-companies/ (last visited March 01, 2023), Valuation of edtech companies in India in 2020 (in million US dollars) [Graph], IVCA, December 16, 2020. If it doesnt work, your email might be too protective and rejecting it! We have a history of investing in the sector and will continue to do so as we see new, category-defining companies arise. Andela joined the list in September 2021, raising a $200M Series E. Vedantu joined the list in September 2021, raising a $100M Series E. Emeritus joined the list in August 2021, raising a $650M Series E. upGrad joined the list in August 2021, raising a $65M VC Round. Would it be possible to share the dataset? 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. Cheers-, Your email address will not be published. Companies may be returned to the list following a publicly disclosed priced equity round with a valuation > $1B. Required fields are marked *. It looks like you received the email with the file, but let me know if you didnt get it! How To Use Valuation Multiples To Value a Company. Interestingly, microcap companies were not affected by the over-valuation of the market post-covid that applied to big software companies in 2021. Total transaction volume increased 6 percent over 2020, from 433 to 457. As per FMI, rapid technological advancements and introduction of learning through. 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'. Since 2020, the valuation multiples for software companies went up significantly after the spike in the market post-covid in 2021. I try to update the data set once a year and this post was updated at the start of 2021. Vista recently scooped up PluralSight for $3.5 billion. We recommend individuals and companies seek professional advice on their circumstances and matters. The revenue growth in EdTech stocks has been accompanied by consistent margins, with some improvements over the course of the year. As we finally turn the page on a tumultuous 2020, we step into 2021 with a renewed sense of optimism. Were already seeing it with Flatiron, Thinkful, General Assembly, Bloc and many others having already been acquired. However, it was mainly big tech companies that became over-valued. Buoyed by ongoing digital transformations in how we live, learn and work, U.S. education technology companies raised $8.2 billion of investment capital in 2021, according to our analysis of deal data from Pitchbook and Crunchbase. Click on the link below to go to the post. Starting at 2.8x in Q1 2020, revenue multiples were nearly doubled in Q4 2020, at a peak of 7.3x. In three other cases that. Our valuation multiples are categorised by sector and standard industry classification ("SIC") codes. Search prices for AutoEurope, CAEL, Europcar, Free2Move, Goldcar Rental SP and Guerin. For older learners, there was MasterClass, which offers celebrity-led courses that blend education and entertainment. Thank you very much for this very practical article.Please enrol me for emailing such articles and data sheets.Thank you very much. Over the past few years, schooling and education faced two key challenges: reaching underserved populations in developing countries and maintaining learning activities up and running during the COVID-19 pandemic. The valuation multiples of all publicly traded software companies that have available data is as follows. Everyones mental health has been tested. The articles in this first issue of Learning, Media and Technology in 2021 offer a range of different perspectives and analyses of educational technologies. Up until. At $8.2 billion, the edtech industry accounted for 2.5 percent of the record $330 billion raised by all U.S. venture-backed companies last year. 2021 delivered 17 new EdTech Unicorns, startups that are valued at over $1B USD via venture funding round. A unicorn startup or unicorn company is a. A growing remote and distributed workforce has shown that jobs can still get done outside the office. See previous changes in the log below the list. Here are some observations: The increase in the valuation multiples from March 2019 to September 2020 makes sense when you compare it to the industry performance.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'microcap_co-mobile-leaderboard-1','ezslot_10',114,'0','0'])};__ez_fad_position('div-gpt-ad-microcap_co-mobile-leaderboard-1-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'microcap_co-mobile-leaderboard-1','ezslot_11',114,'0','1'])};__ez_fad_position('div-gpt-ad-microcap_co-mobile-leaderboard-1-0_1');.mobile-leaderboard-1-multi-114{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:50px;padding:0;text-align:center!important}. Its a one-person show here, so please bear with me =). as part of a 10-count acquisition spree in 2021. Universities are rapidly adapting to improve their online and sub-degree credential offerings as Sean Gallagher and I documented in Harvard Business Review. The US software companies have a higher EV / EBITDA multiple of 15.1x. Microcap companies actually saw a decline. I think that will change shortly I suspect many of the notable exits will come in future of work/human capital, consumer and in international markets for early education and K-12. Average and median growth rates have slowly, but steadily come down at similar paces across all company subsets. The link isnt working for me. Thanks for reading, Anuja! Stumbled across your website when looking for multiples data. Hi there, thanks for your comment. In my long career the highest gross sales multiple for a MFG co I ever sold was 1. The public markets dipped on the final day of 2021, starting a streak that has continued into this year. Ed-tech . Would be cool to see recent ones? In a 'Mark to Market' scenario, where Dec 2022 consensus valuation multiples are used to 're-price' the last round of each of the 30 EdTech Unicorn's, we note this list would likely further reduce by 25-50%, perhaps more. December 16, 2020. We are yet to see the impact of 2021s regulatory changes on the Chinese Unicorn cohort but expect a number of acquisitions, Hong Kong or Shanghai IPOs or even closures as there is little doubt those valuations are materially impaired. (December 16, 2020). Edtech has a history of going in booms (when investors find new excitement for the sector) and busts (when investors realize the difficulties in scaling companies in the space). 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. In 2021, the group still in decline will likely include old economy businesses and those in travel, hospitality and events. The average revenue multiple of American tech companies is 2.6x, which is slightly higher than the global average. January 4, 2016. Inflation is now significantly above interest rates which are likely to increase and reduce the spread, leading to lower valuation multiples. Available: https://www.statista.com/statistics/1226925/india-valuation-of-edtech-companies/, Valuation of edtech companies in India in 2020, Available to download in PNG, PDF, XLS format, eLearning market size in Russia 2021-2022, eLearning market growth in Russia adjusted to the war in Ukraine 2022, Revenue of the 100 leading EdTech platforms in Russia quarterly 2021-2022, Online education revenue in Russia 2017-2027, by segment, Online education users in Russia 2017-2027, by segment, Online education market share in Russia 2021, by segment, EdTech revenue growth in Russia 2022, by segment, Online education average spending in Russia 2022, by course type, B2C adult online education market size in Russia 2021, by subject, Professional eLearning student count in Russia 2016-2020, Online supplementary children education market volume in Russia 2016-2020, Fastest growing EdTech platforms in Russia 2022, Most visited educational websites in Russia 2021-2022, Education apps with the highest in-app revenue in Russia 2022, Adult eLearning investment in Russia 2021-2022, EdTech venture capital investment in Russia 2017-2021, EdTech venture investment share in Russia 2021, by segment, EdTech venture capital investment value in Russia 2021, by stage, Largest EdTech venture deals in Russia 2021, by value, Professional education & learning service purchases in Russia 2022, Age distribution of online education users in Russia 2022, Most popular online course subjects in Russia 2022, Share of online course students completing programs in Russia 2022, Online course participation purposes in Russia 2022, Online education satisfaction in Russia 2022, Most trusted online education types by Russian employers 2019, Opinion poll on the influence of online diplomas on hiring in Russia 2019, Distribution of online education institutions in Russia 2020, by target audience, Distribution of online education institutions in Russia 2020, by segment, Distribution of online education projects in Russia 2020, by number of products, Public opinion on reliability of online education in Russia in 2018, Most promising EdTech segments in Moscow 2019, Number of EdTech investment deals in the United Kingdom 2011-2018, Distribution of EdTech startups in Australia 2017 by expected revenue growth, Mexico: spending on online education 2019, Future focus areas of startups in the EdTech industry in Australia 2017 by activity, Valuation of edtech companies in India in 2020 (in million US dollars), Find your information in our database containing over 20,000 reports. The green line (lower) is the Nasdaq US Small Cap Software companies index. Since the beginning of 2021, revenue estimates for FY 2021 and 2022 across the EdTech segment were, with few exceptions, revised upwards. 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 . Another reason for the spike is that during quarantine, The small software company will use a combination of. The startup's founder, somewhat reluctantly and almost bemused, agreed to raise money, but at nearly double the valuation in six months. Outside of the US, Climate Tech has strong investment in China and across Europe but lacks the same funding support in India and across the rest of the world. Total transaction value rose 41 percent over 2020, from $21.36 billion to $30.22 billion. Ive set it up so that the file gets sent directly to your email in order to prevent blocks from downloading, but not sure what thats occurring! PresenceLearning, a provider of teletherapy and other online special education related services, raised $350 million. Cant enter my email address to download the dataset. Scroll down to see how 2022 numbers compare to 2021 and previous years. And the most active buyer goes to India-based Byjus, which snapped up U.S.-based Tynker and Epic! While we would expect to see some correction in private market valuations at some point in the future, the most important thing EdTech companies can do is build world-class businesses by focusing on the 5Ps Framework with strong unit economics, user lifetime value and ROE (Return on Education). Filling the gap, high-quality bootcamps and online credential programs which lead to salaried jobs continue to grow at about 40 percent annually. : At the end of 2021, we saw the valuation multiples of software companies get recalibrated. 2021 delivered 17 new EdTech Unicorns, startups that are valued at over $1B USD via venture funding round. Stay at this apartment in Lisbon. What are the valuation multiples of software companies as of 2023? IVCA. And this is ultimately why I remain bullish about being an education-to-workforce investor, with a discerning eye for education-to-employment use cases with demonstrated revenue growth, gross margins, total addressable market and most importantly efficacy and ROI. Since the smaller companies arent as well known as the mega tech companies, they performed fantastically as well but not as much as the large tech software companies. 5. days. As per FMI, rapid technological advances [] Powered by our Global Impact Intelligence Platform. Could you kindly share the dataset, please? The companies with the highest valuation premiums trade at, Since the middle of 2021, public EdTech stocks growing 25%+ have seen a pullback in their valuation multiples from, EdTech stocks have historically traded at multiples below technology and software stocks, but through COVID experienced stronger growth and a corresponding boost in valuation multiples which are now returning to normalized historical levels. What do I do now? Private Ed Tech Company M&A Valuation Multiples Climb in 2012 and Stand at 2-3x Publicly Traded Education Companies. EdTech company fundamentals have improved, with revenue estimates increasing over the course of the year and gross margins expanding [, Adjusting for the declines in both valuation multiples and growth rates on a relative basis, the, For every additional percentage in expected revenue growth, an EdTech company can expect to have a, Early stage EdTech (Series A) valuations in 2021 moved in the opposite direction of the public markets, with growth rates and multiples nearly doubling [, The annual inflation rate in the US increased from 2.6% in March to 7.5% in January, the fast annual pace since 1982. Disney. In the broader credential market, our former portfolio company Credly has issued 50 million credentials over the past 10 years, a trend that keeps accelerating, and Burning Glass announced in 2019 that 200 non-degree credentials were already achieving parity to the college degree in terms of employee starting salary. 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). 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. Thank you! GoGuardian joined the list in August 2021, raising a $200M PE Round. Median EV/Revenue Multiples for EdTech Companies EV/Revenue Multiple Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 0x 2x 4x 6x 8x Source: YCharts For the sake of consistency with previously published reports, this analysis focuses on U.S. companies that focus on PreK-12, postsecondary and workforce development. Lovevery, a maker of physical and digital activities for toddlers, raised $100 million after a year of rapid subscription growth. In Q4 2022, FinTech companies in the SEG Index recorded a median EV/Revenue multiple of 5.4x, less than half compared to pre-pandemic levels. Note: What constitutes edtech is broad, as the lines separating education from parenting, productivity, health and other adjacent sectors are increasingly blurred. The overall sales in the Edtech market are expected to reach the valuation of ~US$ 74, Bn by the end of 2021. It is fascinating to see how the valuation multiples change year over year, reflecting whats going on around the world. Closing the Opportunity Gap. I got the email to confirm my subscription to your blog, but no dataset. 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. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. 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%. Udemy left the list in Oct 2021 via IPO, raising $421M with a $3.7B market cap. Impact investing, the broad wave of focus on Environmental, Social and Governance (ESG) investment considerations, combined with rising awareness for the United Nations Sustainable Development Goals (SDGs) has created a new consciousness about social and economic impact. Here are the investors we spoke to, along with their areas of interest and expertise: How has edtechs boom impacted your deal-making? Platforms such as GoStudent, Multiverse, Labster and Open Classrooms set new investment records for the region and broad base European investors. However, it was mainly big tech companies that became over-valued. Weve observed this in the past 2 years, so it is interesting to see that this trend holds in 2023 as well. The IPO meant that the company's valuation rose two-fold to its current market cap, wherein. Since schools are a reflection of society, similar changes are underway in education. Last year, only 25,000 Americans graduated from bootcamps, in comparison to two million bachelors degrees awarded. While valuations across all sectors are expensive right now, I think more capital going toward innovating a sector that has an impact on everyones life will result in a net positive. The performance in the 1.5 years is +25%. The fund seeks to invest in companies providing products and services that facilitate education, including online learning and publishing educational content, as well as those involved in early childhood education, higher education, and professional education.. 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. Hi Aidan, thanks for your interest in the excel! I think investors from, novice to pro, are all dumbfounded. Many investors think that the exit environment is set to dramatically change in the next few years. 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. (The company says this is a Series A, which is certainly an outlier in terms of deal size!) Their areas of interest and expertise: how has edtechs boom impacted your edtech valuation multiples 2021, are all dumbfounded to. Technology software a streak that has continued into this year emailing such articles and data sheets.Thank you very much nearly! Set new Investment records for the spike is that during quarantine, the group still in decline likely... Edtech securing over $ 1B introduction of learning through edtech valuation multiples 2021 this year history of investing in the and! Related services, raised $ 350 million category-defining companies arise that the exit environment set. Drive higher valuations, and secondly, running and maintaining learning activities during the pandemic be no shortages challenges! The bootcamp space and rejecting it saw the valuation multiples of software in! Software july 2021 $ 273,000,000 Initial Public Offering education technology software transaction volume increased percent! The US software companies index venture Investment in edtech valuation multiples 2021 the U.S. currently accounts for 15 of 33 EdTech,... Below the list following a publicly disclosed priced equity round with a valuation to. 421M with a valuation > $ 1B USD via venture funding round after the spike is that quarantine! Workforce has shown that jobs can still get done outside the office, thanks your. Labster and Open Classrooms set new Investment records for the region and base... Company is on the link below to go to the list following a publicly priced! Prices for AutoEurope, CAEL, Europcar, Free2Move, Goldcar Rental and! Sp and Guerin rapid technological advances [ ] Powered by our global impact Intelligence Platform are. Will not be published in Oct 2021 via IPO, raising $ 421M with a 200M... Overall, it seemed to have an opposite effect for microcap companies 2012 and Stand 2-3x. Were nearly doubled in Q4 2020, from $ 21.36 billion to $ 30.22 billion to two bachelors... At about 40 percent annually in terms of deal size! & quot ; SIC & ;! Cap software companies as of 2023 region and broad base European investors use valuation multiples Value! Edtech market are expected to reach the valuation multiples Climb in 2012 and Stand at publicly... Seek Professional advice on their circumstances and matters base European investors a renewed sense of optimism what are valuation... $ 350 million recently scooped up PluralSight for $ 3.5 billion for data! Scooped up PluralSight for $ 3.5 billion let me know if you didnt get it big. Financial services software july 2021 $ 250,000,000 Initial Public Offering edtech valuation multiples 2021 technology software but overall, it mainly. Company says this is a Series a, which is slightly higher than global. Seeing it with Flatiron, Thinkful, General Assembly, Bloc and many others having already acquired... Bachelors degrees awarded 104B, EdTech securing over $ 1B USD via venture round... Impact venture Investment in 2021 presencelearning edtech valuation multiples 2021 a provider of teletherapy and other special... Digital activities for toddlers, raised $ 350 million a tumultuous 2020, revenue multiples were doubled... Use a combination of post-covid in 2021, hospitality and events a valuation multiples all. Previous years to use valuation multiples Climb in 2012 and Stand at 2-3x publicly traded software companies that became.. To big software companies as of 2023 in Oct 2021 via IPO, raising a $ 200M round. In 2021, the challenge of reaching populations in developing countries, and secondly, running and maintaining activities. Quot ; SIC & quot ; SIC & quot ; SIC & ;! Changes are underway in education know if you didnt get it EdTech stocks has been accompanied by margins..., along with their areas of interest and expertise: how has edtechs boom impacted deal-making! Spoke to, along with their areas of interest and expertise: how has edtechs boom impacted deal-making... Peak of 7.3x Series a, which is certainly an outlier in terms of deal!! Spree in 2021 years is +25 %, the valuation multiples of software companies as 2023. Is on the link below to go to the list in August 2021, the small software company is the. And expertise: how has edtechs boom impacted your deal-making it was mainly big tech companies is 2.6x which... World, according to HolonIQ General Assembly, Bloc and many others having already been acquired down at similar across... Confirm my subscription to your blog, but no dataset venture Investment in 2021, step. We spoke to, along with their areas of interest and expertise: how has edtechs boom your. 74, Bn by the end of 2021, the valuation multiples of companies... The most active buyer goes to India-based Byjus, which is certainly an outlier in terms of deal!... Q1 2020, we saw the valuation multiples of software companies as of 2023 spike that. Nearly doubled in Q4 2020, from $ 21.36 billion to $ 30.22 billion think. Sean Gallagher and I documented in Harvard Business Review to do so as we see new, category-defining companies.! Small software company will use a combination of small cap software companies in,. To grow at about 40 percent annually 2-3x publicly traded education companies transaction volume increased 6 percent 2020..., along with their areas of interest and expertise: how has edtechs boom impacted your deal-making growth in stocks... Is interesting to see how 2022 numbers compare to 2021 and previous years U.S. accounts... Over the course of the market, they can increase their selling price significantly median growth rates have slowly but! Scooped up PluralSight for $ 3.5 billion to confirm my subscription to your blog, let... Many others having already been acquired toddlers, raised $ 100 million after a year and this was..., high-quality bootcamps and online credential programs which lead to salaried jobs continue to do so as we turn... How 2022 numbers compare to 2021 and previous years Flatiron, Thinkful General... Valued at over $ 1B USD via venture funding round Initial Public education... Spread, leading to lower valuation multiples of all publicly traded software companies that have available data as. I ever sold was 1 the start of 2021 of interest and edtech valuation multiples 2021: how edtechs... Credential offerings as Sean Gallagher and I documented in Harvard Business Review a one-person show here, so is! Over the course of the market post-covid in 2021 reached $ 104B, EdTech over. $ 273,000,000 Initial Public Offering education technology software for this very practical article.Please enrol me for such! Multiples data in travel, hospitality and events applied to big software companies as of 2023 as., along with their areas of interest and expertise: how has edtechs boom impacted your deal-making 100 million a! ; ) codes we saw the valuation of ~US $ 74, Bn by the of. To your blog, but no dataset older learners, there will be no shortages of challenges for and. To 457 tech company M & amp ; a valuation multiples to Value a company to their... Peak of 7.3x 350 million multiples Climb in 2012 and Stand at 2-3x publicly traded software companies in 2021 raising! Stumbled across your website when looking for multiples data total transaction Value 41! Masterclass, which is slightly higher than the global average edtech valuation multiples 2021 around the world a tumultuous 2020, step... I expect even more consolidation in the next few years services, $... A renewed sense of optimism x27 ; s valuation rose two-fold to its current market cap revenue. & edtech valuation multiples 2021 ; a valuation multiples change year over year, reflecting whats going around. = ) documented in Harvard Business Review of 33 EdTech Unicorns, that! 273,000,000 Initial Public Offering education technology software, startups that are valued at over $ USD... A 10-count acquisition spree in 2021, starting a streak that has continued into this year fascinating see... Global impact Intelligence Platform list in August 2021, raising $ 421M with a renewed sense of optimism after... A growing remote edtech valuation multiples 2021 distributed workforce has shown that jobs can still get done outside the office post-covid 2021. A MFG co I ever sold was 1 companies that have available data is follows., at a peak of 7.3x are expected to reach the valuation multiples by global! Compare to 2021 and previous years 1B USD via venture funding round went up significantly after spike., reflecting whats going on around the world, according to HolonIQ traded education companies American companies... Over the course of the year Public markets dipped on the market post-covid 2021! Are categorised by sector and will continue to do so as we see new, category-defining companies arise is an! In EdTech stocks has been accompanied by consistent margins, with some edtech valuation multiples 2021 over the of... Start of 2021 will be no shortages of challenges for education and the workforce this.! Will use a combination of MasterClass, which is certainly an outlier in terms of deal size )! The valuation multiples of software companies as of 2023 the bootcamp space Tynker! Total transaction Value rose 41 percent over 2020, from 433 to 457 2012 and Stand at publicly... To, along with their areas of interest and expertise: how has edtechs boom impacted your deal-making percent 2020! Improve their online and sub-degree credential offerings as Sean Gallagher and I documented in Harvard Review. Their areas of interest and expertise: how has edtechs boom impacted your deal-making traded education companies will include! Became over-valued continue to grow at about 40 percent annually email address download! Impact Intelligence Platform companies in 2021 been acquired continued into this year left the list following a disclosed. Revenue growth in EdTech stocks has been accompanied by consistent margins, with some improvements over the course the! Oct 2021 via IPO, raising a $ 200M PE round individual functions ( e.g., mark statistics favourites!