How many total K-12 EdTech companies are there in Toronto?

As of January 2026, Toronto has 201 active K-12 EdTech companies.

How many K-12 EdTech companies in Toronto are funded?

As of January 2026, 44 companies have received funding in this sector.

What is the total funding raised by K-12 EdTech companies in Toronto?

K-12 EdTech companies in Toronto have collectively raised $126M in funding till date.

Who are the top investors in K-12 EdTech companies in Toronto?

The top investors in K-12 EdTech companies in Toronto by number of investments are Plug and Play Tech Center and Ontario Centre of Innovation.

Which is the highest funded K-12 EdTech company in Toronto?

As of January 2026, Lillio has raised $61.1M in funding, highest among the funded K-12 EdTech companies in Toronto.

How many exits have occurred in K-12 EdTech companies in Toronto?

K-12 EdTech sector in Toronto has seen 9 acquisitions and 2 IPOs.

K-12 EdTech in Toronto, Canada - 2026 Market & Investments Trends

Companies included in K-12 EdTech

All companies that provide courses, resources, games, mobile apps, and interactive devices for online learning for school students and teachers. Also, contains adaptive learning platforms, learning management system, administrative management system, collaborative platforms, smart classroom solutions, and other support services for schools. Includes courses and resources for professional development, curriculum management, collaboration, lesson planning, and other tools for teachers.

Companies excluded in K-12 EdTech

Marketplace for products such as stationery items, school bags, and books for kids; Educational loan providers, traditional brick-n-mortar schools, after-school programs, tutoring agencies; Services companies

Key Metrics

Total Companies

253

Top Companies

Xello, KEV Group & more

Total Funding

$126M

Funded Companies

Series A+ Companies

Series C+ Companies

IPOs

Acquisitions

Also known as

K-12 Education Technology

View complete details of this sector

There are more than 253 companies in K-12 EdTech in Toronto, Canada. Xello is the top K-12 EdTech company in Toronto, Canada, ranked using Tracxn Score (what's this?).

Here are 5 of the top K-12 EdTech companies in Toronto, Canada:

Company	Description	Location	Founded	Current Stage	Private Funding Raised
Xello	Provider of an online platform for developing technical and soft skills in students	Toronto (Canada)	1997	Late Stage	-
KEV Group	Web-based financial management platform for schools	Toronto (Canada)	1996	Funding Raised	-
Knowledgehook	Math learning platform empowering teachers and engaging students for academic success	Toronto (Canada)	2014	Series A	$21.3M
Kira Talent	Admission management solution for higher education	Toronto (Canada)	2012	Acquired	$8.99M
Lillio	Provider of daycare management solution	Toronto (Canada)	2013	Series B	$61.1M

Get a longer list of companies

Companies founded year-on-year in the K-12 EdTech sector in Toronto

38 K-12 EdTech startups in Toronto were founded in 2020 - 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	3
2023	11
2022	7
2021	18
2020	38
2019	22
2018	16
2017	10

Stage-wise distribution of K-12 EdTech sector companies in Toronto

Out of the total 253 K-12 EdTech companies in Toronto, 44 have secured funding. Among them, 15 have reached Series A or higher, and 13 to Series B or beyond.

Founded - 253

Funded - 44

Series A+ - 15

Series B+ - 13

Series C+ - 12

Company Stage	No. of companies
Founded	253
Funded	44
Series A+	15
Series B+	13
Series C+	12

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Total funding year-on-year in the K-12 EdTech sector in Toronto

The K-12 EdTech sector in Toronto saw a total funding of more than $106M in the last 10 years. The most amount of funding was in 2021 at more than $56.8M.

Total Funding

Year	Total Funding
2025	-
2024	-
2023	$1.4M
2022	$3.84M
2021	$56.8M
2020	$20M
2019	$6.28M
2018	$11.1M
2017	$495K

Recent Funding Rounds in K-12 EdTech in Toronto

In the year 2025, till February 2025, K-12 EdTech companies in Toronto have raised equity funding across 1 round.

Here are some recent, important funding rounds in K-12 EdTech companies in Toronto:

Company	Round Raised	Amount Raised	Funding Date	Investors
KEV Group	Unattributed	6983	Feb 21, 2025	Rothschild & Co
LumiQ	PE	7286	Sep 24, 2024	VERTU Capital
Tech Spark	Seed	2815	Nov 16, 2023	TD Bank and 2 more
Colmakers	Seed	9351	Sep 27, 2022	Accelerator Centre
Springbay Studio	Seed	4309	Sep 27, 2022	Accelerator Centre

See a more detailed list of funding rounds

Plug and Play Tech Center is the top investor in K-12 EdTech companies in Toronto based on number of companies invested.

Here are some top investors in K-12 EdTech companies in Toronto:

Investor	Location	Top Portfolio Companies
Plug and Play Tech Center	Sunnyvale (United States)	-
Ontario Centre of Innovation	Toronto (Canada)	LumiQ, ParticipAid, Peekapak and Parlay Ideas
MMV Financial	Toronto (Canada)	-
Relay Ventures	Toronto (Canada)	Kira Talent
The DMZ	Toronto (Canada)	Kira Talent, Peekapak, Parlay Ideas and Crowdmark

See a more detailed list of investors

In the year 2025, till August 2025, 2 acquisitions happened in K-12 EdTech sector in Toronto.

Here are some recent, important acquisitions in K-12 EdTech sector in Toronto:

Company	Acquisition Type	Acquisition Date	Acquirers
Modern Campus	Business Acquisition	Aug 25, 2025	Providence Equity Partners
School-Day	Business Acquisition	Feb 04, 2025	Sparkrock
Kira Talent	Business Acquisition	Nov 11, 2021	ETS
EssayJack	Business Acquisition	Jul 20, 2021	Wize
Help! We’ve Got Kids	Business Acquisition	Mar 11, 2020	Parent Life Network

See a more detailed list of acquisitions

Acquisition trends in K-12 EdTech sector in Toronto

Here are the acquisition trends in K-12 EdTech sector in Toronto:

Total Number of Acquisitions

Year	No. of companies
2026	-
2025	2
2024	-
2023	-
2022	-
2021	2
2020	1
2019	-
2018	1
2017	2

In the year 1996, till November 1996, 1 IPO happened in K-12 EdTech sector in Toronto.

Here are some recent, important IPOs in K-12 EdTech sector in Toronto:

Company	IPO Date	Exchange Symbol
Lingo media	Nov 15, 1996	Toronto Stock Exchange - Venture Exchange (TSX-V)

See a more detailed list of IPOs

Companies founded by alumni from top colleges in the K-12 EdTech in Toronto

Most number of K-12 EdTech startups in Toronto have been founded by alumni from University of Toronto, University of Waterloo and Harvard Business School.

College	No. of companies
University of Toronto	13
University of Waterloo	6
Harvard Business School	2
Harvard University	2
Carnegie Mellon University	1
Cornell University	1
HEC Paris	1
INSEAD	1
Ivey School of Business	1
McMaster University	1

Total funding in K-12 EdTech companies founded by alumni from top colleges in Toronto

In the last 10 years, Carnegie Mellon University graduates' K-12 EdTech companies in Toronto have raised the most funding among top colleges. Harvard Business School and Harvard University alumni are second.

College	Total Funding
Carnegie Mellon University	$61.1M
Harvard Business School	$13.5M
Harvard University	$13.5M
University of Toronto	$450K
University of Waterloo	$130K
INSEAD	$46K
Pontifical Catholic University of Rio de Janeiro	$30K
Cornell University	-
HEC Paris	-
Ivey School of Business	-