Ed tech sector transitioning to “more grounded” era in wake of declining funds, competition

Several authors have drawn attention to the changing educational technology (ed tech) sector. Higher Ed Dive Senior Editor Roger Riddell reports that the ed tech sector is experiencing a decline in venture capital investments. Riddell writes that, globally, $85.6B in venture funds have been provided to ed tech companies over the last 15 years, with funding reaching a peak in 2020 and 2021 and declining thereafter. In Forbes, Christine Côté (London School of Economics), Saul Estrin (LSE), and Katie Nunner (LSE) discuss how the ed tech sector has become crowded and competitive. They write that the sector is transitioning from an “era of optimism” to a more grounded one that will reward the firms that “truly understand the needs of students […] while at the same time adding value for top universities.”

Forbes | Higher Ed Dive