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A closer look at edtech funding for K-12 startups

Last night at a packed Silicon Valley meetup, I joined Alan Louie of ImagineK12 and Nari Ansari of Technology Crossover Ventures for a panel discussion of edtech investing. It was inspiring to see so many education entrepreneurs eager to network and learn more about funding opportunities. In this spirit we’d love to share with you an analysis of K-12 (no higher ed included) funding by stage for 2012 and the funders who participated in these rounds. And thank you to the newest member of the NSVF team, David Havens, for the analysis.

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Update (Nov. 14): This analysis includes all K-12 edtech companies that closed rounds of financing in 2012, to date.  We will update this total again at year end.

Update (Feb. 05): Updated to reflect end of year 2012 final totals.

Click to enlarge:

 

The original data can be found here. Send any updates or corrections directly to dhavens@newschools.org.

5 Responses to “A closer look at edtech funding for K-12 startups”

  1. Jennifer says:

    Dan –
    Great question! We are looking at preK now and have made an investment in locomotive labs recently which is targeting preK.

  2. Jennifer says:

    Miller –
    We’re working on a sector breakdown – should be out soon!
    I hear you on the piecemeal approach but think we need to parallel both – systemic and targeted.

  3. Dan Yang says:

    Why investors aren’t talking about pre-K? Researchers have already shown that programs such as Head Start suck but a head start is the best way to prepare children for the future. Americans complain about lagging math and science but nobody seems to see the obvious solution which is preparing kids pre-K which is what China is doing (reason why Chinese kids do so much better in Math and Science). You have Nobel Laureate screaming about first 5 years as “Windows of Opportunity”. When pre-K will be on the agenda?

  4. I would like to see a breakdown of the type of innovations being funded.

    The national conversation surrounding school reform is beginning to recognize the importance of systemic change prior to the introduction of pieces. Even if the pieces are innovative and well researched they land on antiquated systems.

    Yet, funding is still supporting a piecemeal approach.

  5. Mick Hewitt says:

    Wow. What a great resource and analysis. Many thanks to David and the NSVF team for putting this together.