Top Edtech Companies

According to a recent market forecast report published by Market.us, the global edtech market is growing at a CAGR of 14.2% and will reach USD 549.6 Billion by 2033. Companies and startups across regions contribute hugely towards the steady growth of the worldwide edtech market. Most edtech companies facilitate online learning and remote learning by providing several edtech or eLearning solutions.

Also, they make it easier for organizations to implement, configure, customize, integrate, and scale edtech tools by leveraging cloud computing. However, the top edtech companies stand out from competitors by leveraging cutting-edge technologies. These leading edtech solution providers optimize the edtech software’s user interface (UI) and user experience (UX) regularly.

At the same time, many companies boost their edtech tools using Industry 4.0 technologies like artificial intelligence and data analytics. In addition to expanding their customer bases across regions, they have won prestigious eLearning excellence awards. We are highlighting 7 of the top edtech companies that have been growing steadily by fostering customer loyalty and beating the competition.

Overview of 7 Innovative and High-Growth Edtech Companies

1. Mintbook

Mintbook is one of the edtech companies with growing customer bases in India, the USA, and Canada. The company has been registering high growth by providing a unified learning platform. The integrated platform provides organizations with essential eLearning tools like learning management systems, digital library software, and online classroom software.

Enterprises and educational institutions opt for this cloud-based tech platform to eliminate the need to implement and integrate individual edtech tools. Also, they can customize and scale each component of the integrated unified learning platform in demand. Mintbook makes edtech tools popular by supporting emerging eLearning trends like mobile learning, collaborative learning, and gamified learning.

2. Memrise

Memrise is gaining popularity across regions as a language learning platform. Unlike other language learning platforms, Memrise focuses on helping users learn and memorize vocabulary. Users can access the Memrise mobile app based on a free or paid plan. Each plan enables users to learn words and phrases by accessing a wordlist.

In addition, users can initiate conversations in a foreign language by watching videos of native speakers. Memrise features an AI chatbot that creates opportunities for users to initiate conversations after learning words and phrases. Users can further use the mobile app to access their choice of eBooks and YouTube videos while learning a new language.

3. Class

Class has been transforming online learning by helping organizations set up next-generation classrooms. The software leverages popular video conferencing tools like Microsoft Team and Zoom. However, it stands out from the crowd by featuring advanced instructor-led tools. Trainers and instructors leverage these robust tools to use instructional whiteboards, share interactive content, support note-taking, and conduct surveys and pools.

At the same time, the data dashboard provided by Class helps them measure learner engagement, course efficacy, and training session outcome based on real-time session data. Instructors can further increase online course completion rates by facilitating collaboration and sharing personalized feedback in the virtual learning environment.

4. UpGrad

UpGrad is hugely popular with students and working professionals who want to earn degrees and certifications. It allows students to join courses in many domains – management, MBA, software & tech, data science & analytics, marketing, and law. Also, Students can explore relevant courses according to their educational qualifications.

At present, UpGrad allows students to choose from over 500 courses and over 50 specializations. Students also use this platform to gather information about study abroad programs across regions. UpGrad further makes it easier for students to compare courses and specializations by supporting free counseling sessions with experts.

5. Course Hero

Course Hero has emerged as a leading edtech company by providing multi-format learning content and materials to school and college students. Students access the online platform regularly to understand a topic by accessing study guides and textbook solutions. At the same time, they improve the quality and accuracy of assignments using the grammar-checking, proofreading, and spell-checking tools provided by Course Hero.

Course Hero further helps students understand concepts and clear doubts by connecting with verified expert tutors. The tutors answer questions and explain concepts in 30 minutes based on the information shared by a student. The edtech company uses Generative AI tools to recommend relevant content to students by scanning content validated by expert tutors.

6. BetterUp

BetterUp has been expanding its customer base by providing various braids of coaching to individuals and enterprises. Individuals access the platform to avail of career, communication, and life coaching. At the same time, they have the option to select the coach. At the same time, companies and startups leverage the edtech platform to upskill and reskill employees by availing of relevant coaching.

BetterUp boosts individual and corporate coaching by integrating human and artificial intelligence. AI technologies make the software effective in improving the personal growth of employees by providing moment by moment by guidance. At the same time, the global network of skilled and certified coaches helps the edtech company provide personalized coaching to both students and working professionals.

7. ApplyBoard

ApplyBoard has been sustaining high growth by creating opportunities for students to study abroad. The edtech platform keeps students engaged helping them find relevant programs, get scholarships, and access application forms. At the same time, students can compare various study options across regions by getting data-driven insights and interacting with the support team.

At the same time, ApplyBoard has been running a robust partnership program. The partnership program helps the edtech company expand its network of educational institutions across regions. ApplyBoard boosts students’ experience by featuring a full-service toolbox. Students use the toolbox to join desired study abroad programs without managing complexities.

Conclusion  

Edtech companies facilitate online learning and remote learning by providing a slew of cloud-based eLearning tools and solutions. However, top edtech companies have been driving customer acquisition and retention by improving their eLearning solutions regularly. In addition to adding new features and tools, they optimize their edtech solutions using intelligence technologies. The innovation makes these edtech companies stand out from competitors while winning prestigious eLearning awards and recognitions.