Update: Jeez – sorry about the multiple typos (mistakenly showed in thousands instead of millions). Fixed now.
Pitchbook – a database service for M&A, private equity and venture capital – listed in Hot Topics what they saw as the top ten most valuable ed tech companies based on public valuations1. The definition of startup is a little loose, as one company (D2L) was founded in 1999 and public companies are excluded.
Below are the market valuation estimates, to which I have added the year each company was founded along with the total funding by each company in parentheses, according to Crunchbase data.
Company (year founded, funding total) Market Valuation
- Pluralsight (2004, $169m) $1.0 billion
- Instructure (2008, $79m) $554 million
- Lynda.com (1995, $289m) $456 million
- Coursera (2012, $85m) $367 million
- Open English (2006, $120m) $350 million
- Craftsy (2010, $106m) $339 million
- D2L (1999, $165m) $330 million
- Lumos Labs (2005, $68m) $265 million
- Clever (2012, $44m) $247 million
- Edmodo (2008, $88m) $236 million
Some notes to consider:
- 2U, not listed as they are public (I assume), is worth approximately $1.1 billion.
- Chegg, also not listed as they are public, is worth approximately $674 million.
- Lynda.com was purchased by LinkedIn this month for $1.5 billion – obviously a premium – but take the data with a grain of salt due to market variations.
- Pitchbook listed Sympoz, but I listed them as Craftsy, the company name.
- Pitchbook noted how US-centric their own list is, but this is partially due to their own data collection methods.
- Note that estimates are as of the end of 2014. [↩]