It’s a good time to work in edtech. Last year, edtech companies raised $1.45 billion, marking one of the sector’s highest levels of single-year investment within the past decade.
“This trend toward funding higher education services companies is in full swing right now,” said Trace Urdan, managing director at Tyton Partners, an investment banking and consulting firm. “This is a really robust area of the market.”
Part of the reason for that may be an increased willingness from colleges to find third-party partners to help with some of their most hard-to-solve issues.