5 Most Promising EdTech Startups that are about to Change our Learning Experience
As we learn a new language, practice our design skills, or as a teacher, we give an online lecture to our students, we should know that behind the tool we have in our hands is a group of smart people who have worked together to make the experience so engaging and convenient. Educational technology makes learning easier, more accessible, and fun. Its potential is still growing as can be seen from the number of EdTech startups located around the world.
The opportunity to innovate and streamline the learning process was also noticed by many investors who started pouring money into the EdTech industry. As of 15 April 2021, there are now 22 EdTech Unicorns around the world with the power to create a new way of acquiring knowledge. All of the companies together raised over $14+ billion of total funding in the last decade!
And the list of innovators doesn’t stop there. There are plenty of startups with the potential to be the next unicorn. Each covers a different area of education, trying to solve not only the problems of students but also tutors. Let’s have a look at some of the most promising solutions!
EdTech Startups to follow in 2021
With so many companies across the world now focusing on the idea of digital technology in education, the number of innovators we could write about continues to increase. However, somehow we managed to pick the big five. Here they are!
A leader among all the Edtech startups is for sure, Blackboard. A company with a mission to ensure tutors around the world have access to quality education. The startup offers a variety of online platforms and tools including Blackboard Collaborate, Blackboard Connect, and Blackboard Learn. The last one is an advanced LMS that supports the pedagogical approach of teachers and makes their organization of courses superior!
We connect a deep understanding of education with the power of technology to continuously push the boundaries of learning. – Blackboard team
Next on our list is Perlego – a London-based startup that provides a subscription service for academic (and not only) texts. By working with the best educational publishers such as Pearson, Cengage, Princeton University Press, and Wiley, the company provides affordable access to over 400,000 textbooks, while charging students only 12 pounds! Given the global shift to online learning, having such a rich online library is sure to make life easier for many students.
Perlego was recently named as one of Britain’s fastest-growing startups. In August 2020 they won the EdTechXGlobal Startup Award!
Among all the EdTech startups, this one is a great example of how today’s technology changes the reality of learning. Astrid is a Swedish company offering voice-based reading lessons, powered by Artificial Intelligence. Their platform is equipped with speech recognition that combined with engaging storytelling, helps kids all over the world become fluent in English.
Astrid represents a new way of teaching that makes learning fun and doesn’t require supervision. Kids can learn English at their own pace while the platform adapts to their learning style and offers a personalized experience. The solution is currently available to users in Sweden, the UK, and the US.
CreativeLive is a platform for all the designers and creators who wish to expand their skills and have a space to showcase their work to global creative companies. The startup introduces a new approach in the EdTech sector that combines education with actual practical experience that people can gain through sharing their portfolio with major companies with open positions.
Creative Live offers a number of different videos and classes on photography, design, drawing and many other creative activities. They have partnered with some of the largest creative companies such as Adobe, Miscrosoft or Go Pro. It’s a startup that not only provides a platform for sharing knowledge, but also a place where creators can work to build skills desired in the job market!
We close our list with Dreambox Learning, a startup that focuses on elementary mathematics education. The company that pioneered Intelligent Adaptive Learning technology offers a platform with an online math program for kids to boost their problem-solving abilities.
“DreamBox was founded with the mission to transform the way the world learns by using intelligent adaptive technology to dynamically and continuously personalize each student’s learning experience,” Jessie Woolley-Wilson, CEO of DreamBox.
The startup’s adaptive engine is able to adjust to a student’s way of thinking to build a personalized learning path for them. The Rise Fund, a global impact investing fund, invested US$130m in DreamBox Learning, which is today used by nearly 3 million students and 120,000 teachers in every state in the U.S.!
Every day the startup scene fills up with new innovations in the field of education. The tools are equipped with more and more advanced technology that makes us learn faster and makes our learning process is pure pleasure for us. The EdTech startups are also getting more advanced and with the funds from investors will continue to level up our learning experience.
What is important is to build these products with support from a reliable and experienced tech partner. If you wish to build software that is user-focused and provides an immersive learning experience, you can count on the Redvike team 😉