U.S. Education Technology Companies Raised $1.6 Billion in VC Funding in 2019

iblnews.org

It has been a record year for venture capital in the U.S. edtech industry.

Investment in education technology companies reached over $1.66 billion across 105 deals throughout 2019—a 16% increase from the previous year and a 5-year high in value.

Overall, the U.S. venture capital investments in 2019 were $108 billion across 5,906 deals, the third-biggest year ever by value. Venture capitalists invested more money during 2018 and 2000.

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