A most disruptive year to schools and society proved lucrative for the education industry, particularly for those raising private capital.
In 2020, U.S. education technology startups raised over $2.2 billion in venture and private equity capital across 130 deals, according to the EdSurge edtech funding database. That’s a nearly 30 percent increase from the $1.7 billion invested in 2019, which was spread across 105 deals.
The $2.2 billion marks the highest investment total in a single year for the U.S. edtech industry.