Funding Predictions for Self Learning industry in 2019!
25 Jan 2019
In our previous article, EdTech: Crossing $100 billion soon, Kognetics predicted Self Learning to be the most attractive industry in EdTech. Kognetics predicts Self Learning to continue to see funding in year 2019 and we were right because Self Learning industry opens 2019 with a whopping $255 Millions funding. Looks like investors are gaga over DaDa, Chinese Language Learning company.
Read below to find top segments in Self Learning that are piping hot for funding along with attractive companies.
What is Self Learning?
Self Learning platforms and tools enable students and professionals to directly access education material and resources online without the need of an institution (like school, college, company, etc) catering to the growing consumer market.
Kognetics tracks 1832 companies in 21 segments in Self Learning
Self Learning is the most sought after industry in the EdTech sector. The widening gap between the supply & demand of professional skills from recent graduates and early professionals is a major driver of this industry. A global economy, open market, and online course delivery fuel exchange of skills over traditional borders. Further on, the demand for personalized learning (from K-12 to professionals), and a lucrative consumer market have been the major drivers of growth in this industry.
Below is how this industry is organized.
Funding in Self Learning
Self Learning had a great year in 2018 by raising more than $6.5 Billion in funding, with 3 major deals above $250 Million. India’s largest EdTech company Byju’s, an Indian EdTech startup with Online Test Preparation and K-12 Learning Platform bagged the gold with $540 Millions; VIPKID, a Chinese Language Learning company raised $500 Millions and Zhihu, Online Leaning Community raised $270 Millions. And we just started 2019 with $255 Millions for DaDa.
Kognetics predicts top self learning segments that will see high funding in 2019
Massive Open Online Course (MOOC) and Education Search Engine will see a growth spurt in funding in 2019 since the current funding momentum is not so high but these segments are predicted to see high funding soon.
Academic & Business Reskilling Platform, Online Test Preparation, Creative Training Platform, Language Learning Platforms, Online Learning Communities, Technology Learning Platform, Online Tutoring will continue to see high funding in 2019. With high current funding momentum and a very high predicted funding likelihood majority deals will happen in these segments. Among these Technology Learning platforms and Online Tutoring will see peak funding in 2019 since the industry maturity of these segments is adolescent which beyond early adoption. Online Tutoring uses the marketplace business model making it extremely lucrative for profit making, as it brings together the provider (tutors) and consumers (students). Technology Learning Platforms allow EdTech companies to create a course once and capitalize on it through a young attractive consumer base that is looking to up-skill in Technology.
Attractive Self Learning companies to target in 2019
Kognetics tracks the number of company signals from a variety of structured and unstructured sources to identify these growth companies.
Self Learning will continue to remain an attractive Industry in the EdTech sector in 2019. And to align your Self Learning investment strategy with the market trends and predictions read our brand new Self Learning industry report. You will also find an analysis of strategic gaps, M&A predictions and actionable insights that will allow you to capitalize on this information.
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