10 SaaS Startups in the EdTech Industry

January 24, 2023

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SaaS startups have become the darling of Venture Capital investors, especially in the EdTech industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 10 VC funded SaaS startups in the EdTech industry.

Edflex

For companies, Edflex provides articles, videos, podcasts, online courses, and books. It is a SaaS service that links businesses to corporate training materials online.

Company details:
Founders:
Clément Meslin, Philippe Riveron, Raphaël Droissart, Rémi Lesaint
Founded:
2016
Based in:
Paris, Ile-de-France, France
Website:
Edflex
Industries:
E-Learning, EdTech, Education, MOOC, Personal Development, SaaS, Training
Latest funding:
$5,964,110
Series A
24 June 2021
Total funding:
$5,964,110
Investors
Bpifrance, Crédit Mutuel Arkéa, MAIF Avenir, Nicolas Fritz

Emmersion

Emmersion’s mission is to close the global communication gap for the nearly two billion English language learners and speakers in the world right now. They believe English is the primary way for people to improve their education and employment opportunities.To achieve this goal, they have developed a fully-automated and adaptive language assessment engine that provides accurate and immediate reports in English and several other languages. This tool helps global organizations automate bilingual language screening to more quickly, accurately, and affordably hire qualified talent, place students, reduce turnover, and improve customer satisfaction scores.

Company details:
Founders:
Brigham Tomco, Jacob Burdis, Joe Tomco, Joseph Tomco
Founded:
2015
Based in:
Lehi, Utah, United States
Website:
Emmersion
Industries:
Artificial Intelligence, EdTech, SaaS, Software
Latest funding:
$5,500,000
Series B
1 April 2021
Total funding:
$9,000,000
Investors
Zylun Global, NEXT Frontier Capital, Tamarak Capital, Imagen Capital Partners, Jeremy Andrus

GoContractor

GoContractor is a digital onboarding and subcontractor management software created to increase efficiency and revenue while lowering compliance risk and improving safety for construction employees. Construction employees and subcontractors may arrive at the job site using GoContractor 3 times faster while also digitizing worker records to make them searchable and available from anywhere.

Company details:
Founders:
John Naughton, Julie Currid, Sean Fennell
Founded:
2012
Based in:
New York, New York, United States
Website:
GoContractor
Industries:
Construction, EdTech, Internet, SaaS, Software, Training
Latest funding:
$5,000,000
Series A
17 February 2021
Total funding:
$7,302,045
Investors
Boole Investment Syndicate, Maria Mahon, Enterprise Ireland, Delta Partners, Ironspring

HEI Schools

The Finnish early learning approach has been packaged by HEI Schools to meet the various demands of early education providers worldwide. By promoting the fact that they are utilizing a Finnish-based curriculum, HEI Schools Toolkit digital clients may gain an advantage over rivals while also saving money on teacher resources and planning time thanks to lesson plans that are constantly updated. Participants in the Teacher Certificate program can find out more about the famous and in-demand Finnish educational system. Customers of HEI Schools Learning Centers benefit from a turn-key approach with a fully branded model that includes teacher preparation, lovely space design, a worldwide community, and operational support in addition to the high-quality curriculum.

Company details:
Founders:
Milla Kokko
Founded:
2015
Based in:
Helsinki, Southern Finland, Finland
Website:
HEI Schools
Industries:
EdTech, Education, Primary Education, SaaS, Software, STEM Education, Training
Latest funding:
$2,379,210
Series A
11 April 2021
Total funding:
$3,702,400
Investors
Practica Capital, Tesi

HiMama

HiMama offers SaaS to child care and early childhood education programs so they can manage their classrooms, run their child care programs, and assist the learning and development of young children. It gives daycare centers a quick and simple method to document and share children's activities, from amusing and enjoyable incidents to learning and developmental milestones, and it helps administrators with staff management and tuition collection from parents. The program is the result of in-depth investigation and conversations with early childhood educators.

Company details:
Founders:
Alana Frome, Ron Spreeuwenberg
Founded:
2013
Based in:
Toronto, Ontario, Canada
Website:
HiMama
Industries:
Child Care, Children, EdTech, Education, SaaS, Software
Latest funding:
$55,541,493
Series B
18 November 2021
Total funding:
$64,567,569
Investors
Round13 Capital, Bain Capital Double Impact Fund, BDC Capital’s Women in Technology Venture Fund

pay theory

Pay Theory is a payments platform for Family Tech SaaS vendors to education, healthcare, childcare and children's activities service providers. By creating simple, beautiful and impactful financial solutions, we ensure families are able to maintain access to their most important service providers while allowing SaaS vendors a unique avenue to a new revenue stream. Pay Theory brings families and vital service providers together at the payment.

Company details:
Founders:
Aron Price, Brad Hoeweler, Eric Fulkert, Joe Miramonti, Pablo Martinez
Founded:
2019
Based in:
Cincinnati, Ohio, United States
Website:
pay theory
Industries:
Child Care, EdTech, Education, Finance, Financial Services, FinTech, SaaS, Underserved Children
Latest funding:
$2,000,000
Seed
4 February 2022
Total funding:
$2,350,000
Investors
Gaingels, SixThirty, Zeal Capital Partners, LOUD Capital, Sica Ventures

SchooLinks

SchooLinks is a cutting-edge, AI-driven platform for college and job preparedness that aids K12 districts in streamlining their counseling operations and enhancing district outcomes. The student-centric experience generates an abundance of behavioral data, which its machine learning algorithms use to tailor college recommendations and material to increase student engagement. Counselors are then given actionable information through SchooLinks that enable them to take immediate action and improve their effectiveness. The data models fuel a comprehensive set of accountability tools at the district level, enabling managers to track progress and achieve desired college and job ready objectives.

Company details:
Founders:
Katie Fang, Katie Fang, Marcos Mena-Brena
Founded:
2015
Based in:
Austin, Texas, United States
Website:
SchooLinks
Industries:
Artificial Intelligence, Career Planning, EdTech, Education, Information Services, Internet, SaaS, Social Media
Latest funding:
$8,300,000
Series A
15 March 2021
Total funding:
$10,625,000
Investors
LiveOak Venture Partners, Juvo Ventures, SJF Ventures

StudyFree

StudyFree is a SaaS platform that connects students with international opportunities worldwide. We created a digital sales machine, democratized international education and we did it at scale. The company makes the admission process much easier, helps students to save up to $100,000 on tuition fees, and allows flexible financing of education via scholarships, bank loans, or income-sharing agreements. StudyFree includes: - A platform with a structured description of international study programs in 34 countries; - A scoring algorithm that evaluates the applicant’s profile, provides recommendations on enhancing it, and matches the student with programs with the highest admission chances; - Assistance in preparing all necessary documents; - Access to the marketplace, including learning centers and financial partners; - Access to mentors who can help understand the local community, education process, and help to adapt to a new environment. All these services/products are provided to customers through the automated admission platform with almost zero involvement of manual work.

Company details:
Founders:
Dasha Kroshkina
Founded:
2019
Based in:
San Francisco, California, United States
Website:
StudyFree
Industries:
EdTech, Education, SaaS, Social Impact
Latest funding:
$3,000,000
Seed
13 December 2021
Total funding:
$5,407,000
Investors
Techstars, Seedstars, I2BF Global Ventures, Chris Adelsbach, Acrobator Ventures | Acrobator.vc

Unibuddy

Unibuddy helping universities and students to attract, engage and convert prospects through peer interactions. It also changes the way universities attract, inform and recruit students by placing peer interactions and instant messaging at the core of its solutions. By embedding their tools into their websites, universities allow prospective applicants to chat with their student ambassadors and join group discussions in a matter of seconds. Unibuddy platform and your students provide a ready stream of content and a deeper insight into your market’s motivations. They allow prospects wherever they are to get to know the real​ you and make the right decision and through online peer-to-peer connections. Unibuddy was founded in 2015 and is headquartered in London, England, UK.

Company details:
Founders:
Diego Fanara, Kimeshan Naidoo, Maxence Dussart
Founded:
2015
Based in:
London, England, United Kingdom
Website:
Unibuddy
Industries:
EdTech, Education, SaaS, Universities
Latest funding:
$20,000,000
Series B
7 July 2021
Total funding:
$32,000,000
Investors
Highland Europe, Emerge Education, Stride.VC, Bart Swanson

Xiaoe Tech

A technological service company with an emphasis on modern education is called Xiaoe Tech. Its offerings range from knowledge-based paid SaaS to new education SaaS to enterprise internal training, PaaS cloud services, content traffic distribution services, business academies, conference systems, etc. These products offer SaaS software products, distribution, consulting, and other services for various scenarios and industries. Little Goose is committed to offering tools, data, traffic, resources, skills, and other resources to content entrepreneurs as well as educational and training institutions. from traffic growth to classroom instruction, from student operations to efficiency, and from closed-loop business monetization to efficiency. Internet services

Company details:
Founders:
Xiaoxing Fan
Founded:
2015
Based in:
Shenzhen, Guangdong, China
Website:
Xiaoe Tech
Industries:
Digital Media, EdTech, Education, Marketing, SaaS, Software
Latest funding:
$120,000,000
Series D
16 June 2021
Total funding:
$148,810,107
Investors
Tencent, TAL Education Group, GGV Capital, Hillhouse Capital Group, IDG Capital

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