About EdTech SaaS sector in China
The EdTech SaaS sector in China comprises 171 companies, including 87 funded companies having collectively raised $1.16B in venture capital money and private equity. Out of these, 31 are Series A+ funded, and 1 has achieved unicorn status.
This sector includes companies providing cloud-based, multi-tenant, and subscription based B2B software applications related to the EdTech industry.
Companies included in EdTech SaaS
All B2B software that offers cloud-based, multi-tenant solutions for business functions like marketing, HR, Sales, Marketing, etc. for the EdTech institutions like schools, universities. All tech solutions provided to teachers to enhance their classroom experience are also includedCompanies excluded in EdTech SaaS
All B2B software companies that offer cloud-based, multi-tenant solutions not primarily for EdTech Industry are excluded. Services and Consulting firms are also excluded. Resellers are also excludedTop EdTech SaaS Companies in China
There are more than 171 companies in EdTech SaaS in China. EEO is the top EdTech SaaS company in China, ranked using Tracxn Score (what's this?).
Here are 5 of the top EdTech SaaS companies in China:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Online virtual classroom platform for educational institutes | Beijing (China) | 2014 | Series C | $280M | |
Online platform providing classroom solutions | Haidian (China) | 2014 | Series C | $265M | |
ERP solution for school management | Hangzhou (China) | 2010 | Series C | $30.8M | |
Suite of online education products for K-12 | Hong Kong (China) | 1997 | Unfunded | - | |
Provider of SaaS-driven school management software | Shenzhen (China) | 2016 | Series D | $139M |
Companies founded year-on-year in the EdTech SaaS sector in China
12 EdTech SaaS startups in China were founded in 2019 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 2 |
2024 | - |
2023 | 1 |
2022 | - |
2021 | - |
2020 | 2 |
2019 | 12 |
2018 | 10 |
2017 | 9 |
Stage-wise distribution of EdTech SaaS sector companies in China
Out of the total 171 EdTech SaaS companies in China, 87 have secured funding. Among them, 31 have reached Series A or higher, and 13 to Series B or beyond.
Founded - 171
Funded - 87
Series A+ - 31
Series B+ - 13
Series C+ - 8
Company Stage | No. of companies |
|---|---|
Founded | 171 |
Funded | 87 |
Series A+ | 31 |
Series B+ | 13 |
Series C+ | 8 |
Funding Trends in the EdTech SaaS sector in China
Total funding year-on-year in the EdTech SaaS sector in China
The EdTech SaaS sector in China saw a total funding of more than $1.16B in the last 10 years. The most amount of funding was in 2020 at more than $540M.
- Total Funding
Year | Total Funding |
|---|---|
2022 | $3.75M |
2021 | $120M |
2020 | $540M |
2019 | $49.7M |
2018 | $163M |
2017 | $101M |
Recent Funding Rounds in EdTech SaaS in China
In the year 2022, till December 2022, EdTech SaaS companies in China have raised $3.75M in equity funding across 3 rounds.
In the same period last year (i.e. till June 2021), EdTech SaaS companies in China had raised $120M across 2 rounds.
So, 2022 has seen a 96.87% drop in funding in EdTech SaaS companies in China as compared to 2021.
Here are some recent, important funding rounds in EdTech SaaS companies in China:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 7629 | Dec 27, 2022 | ||
Series A | 8001 | Nov 02, 2022 | - | |
Series A | 9263 | Jun 06, 2022 | - | |
Series D | 8157 | Jun 15, 2021 | and 3 more | |
Seed | 8824 | Feb 05, 2021 |
Top Investors in EdTech SaaS in China
Sinovation Ventures is the top investor in EdTech SaaS companies in China based on number of companies invested.
Here are some top investors in EdTech SaaS companies in China:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Beijing (China) | ||
Beijing (China) | ||
Washington, DC (United States) | - | |
Hong Kong (China) | ||
Cork (Ireland) |
Colleges which produce the most EdTech SaaS companies in China
Companies founded by alumni from top colleges in the EdTech SaaS in China
Most number of EdTech SaaS startups in China have been founded by alumni from Massachusetts Institute of Technology, University of Cambridge and University of Waterloo.
College | No. of companies |
|---|---|
Massachusetts Institute of Technology | 1 |
University of Cambridge | 1 |
University of Waterloo | 1 |
Top News in EdTech SaaS in China
•
•
•
HSBC forges payment and education partnership with eClassMARKETING-INTERACTIVE•Apr 01, 2021•HSBC, eClass
•
ETS Strategic Capital Announces Two DealsFinSMEs•Mar 13, 2021•ETS Capital, MPOWER Financing, Vericant, ETS
•
ETS Strategic Capital Announces New Deals, Expands PortfolioMedianet•Mar 12, 2021•ETS Capital, MPOWER Financing, Vericant
•
•
China’s EdTech startup ClassIn raises $265 million in Series C funding to expand its online classroom platformTechStartups.com•Dec 22, 2020•ClassIn, Hillhouse Capital Group, Tencent, INCE Capital and 3 others
•
•
