🏋️♀️ Women Leaders in EdTech + South Asia EdTech 100
While women remain underrepresented in EdTech leadership, there are positive signs. The proportion of female CEOs in HolonIQ’s Global EdTech 1000 has grown steadily, from 13% in 2021 to 17% in 2023.
Happy Monday 👋
While women remain underrepresented in EdTech leadership, there are positive signs for the future. The proportion of female CEOs in HolonIQ’s Global EdTech 1000 has grown steadily, from 13% in 2021 to 17% in 2023. This week, we also spotlight 100 of South Asia's most promising EdTech startups.
This Week's Topics
- 🏋️♀️ Women Leaders in EdTech. Recognizing women leaders in education
- 📊 Chart Spotlight. Women CEOs in EdTech by sector & region
- 📈 K12 Digital Transformation Survey. Time is running out. Participate in our survey
- 🏆 South Asia EdTech 100. The most promising learning, teaching, and upskilling startups in the region
- 📖 Annual Education Outlook. 180+ pages of trends, insight, and data
- 💰 Education Deals of the Week. Funding and M&A
Don't forget to check out the 2024 Global Education Outlook and sign up for our new Daily Newsletters, Chart of the Day and Impact Capital Markets. For unlimited access to over one million charts, request a demo.
🏋️♀️ Women Leaders in EdTech
The landscape of EdTech paints a picture of the underrepresentation of women leaders despite women making up the majority of teachers and educators. Looking at the 1000 most promising EdTech startups globally, which HolonIQ identifies each year, the data reveals that positive trends are slowly emerging, signifying a growing presence of women in shaping the future of educational technology. The share of women CEOs in HolonIQ’s EdTech 1000 has inched upwards from 13% (2021) to 16% (2022) and 17% in 2023.
Data from EdTech 1000 cohorts show a potential positive trajectory for women's participation in EdTech leadership. The increasing presence of women across diverse sectors signifies a growing recognition of their contributions and paves the way for a more inclusive and diverse leadership landscape in the EdTech industry. If women educators with pedagogical expertise were to increase involvement in EdTech startups, this could shape the future of education by bringing diverse perspectives and experiences to the table. This can help the EdTech industry to double down on producing outcomes, ultimately benefitting learners.
Read the 2024 Global State of Women's Leadership, the HolonIQ report published earlier this month, to find benchmarks on Women Leaders in Climate Tech, EdTech, HealthTech, and more.
📊 Charts Spotlight - Women CEOs in EdTech by Sector & Region
Subscribe to HolonIQ's 'Chart of the Day', a daily newsletter that helps explain the global impact economy, from climate tech to education and healthcare.
In HolonIQ's 2023 Global EdTech 1000, women's leadership in sectors like workforce training (23%) and education content (24%) boast the highest figures, highlighting women’s influence in workforce development and knowledge dissemination. Encouragingly, sectors traditionally perceived as male-dominated, such as advanced technology (18%) and STEAM education (19%), are seeing strengthened participation of women leaders, indicating a potentially broader shift in perspectives and opportunities. However, it's important to acknowledge the persistent gender gap in certain segments. International education (5%) and tutoring (8%) still have a long way to go in achieving equitable representation.
There is also a varied representation of women leaders in EdTech across different regions. While Europe boasts the highest percentage (24%), other regions like South Asia (5%) and Sub-Saharan Africa (10%) have significantly lower proportions. Interestingly, the Middle East deviates from the norm of low representation compared to Health (12%) and Climate Tech (10%), with the region coming in second place (22%) in EdTech.
👩🏽🏫 K12 Digital Transformation Survey
Education leaders are sharing that teacher retention, digital adoption, and transformation, and preparing learners for the future are top challenges for K12 this year—which will prove to come out on top.
Please share your thoughts and take HolonIQ's second annual K12 Digital Transformation Survey. The survey closes soon!
🏆 South Asia EdTech 100
Each year, HolonIQ identifies the 1000 most promising EdTech startups globally. Region by region, we build a picture of each market, showcasing how technology is being used in education, from PreK to Lifelong Upskilling. Drawing on the HolonIQ Platform, along with perspectives from market experts in each region, analysts from our Education Intelligence Unit consider which segments are in demand, where capital is flowing, the products and models gaining traction, and the characteristics of the leadership team. This week, we are featuring the 100 most promising EdTech startups in South Asia.
One-quarter of the cohort were in the tutoring and test prep category, an area of historic strength in the region. Workforce and Talent solutions also see growth as up-skilling, particularly in technology areas, sees continued focus. As international education rebounds after the pandemic, it's not surprising to see more solutions gain traction along with startups in the education financing segment.
📖 2024 Global Education Outlook
HolonIQ's annual analysis of the global education economy offers over 180 pages of in-depth insights on market data, investments, strategic shifts, and trends in education. Download the extract or purchase the full report.
💰 Education Deals of the Week
HolonIQ actively monitors and tracks capital flow in the Education market, spanning across all regions and transaction categories. Subscribe to our Daily Capital Markets newsletter to see the top deals daily.
Funding
🖊️ Providence Strategic Growth (PSG), a growth equity firm, invested in Packback, an AI-enabled writing and discussion platform.
👶 Care My Baby, a Russia-based online service providing supplementary education for children aged 2 to 10, secured $98K from the Moscow Seed Fund.
M&A
🧠 Genius Group, a Singapore-based company offering entrepreneur education programs from early learning to adult education and corporate training, signed a definitive agreement to merge in an all-share transaction with OpenExO, an AI-driven global community of educators, entrepreneurs, and enterprises to build a worldwide AI Education Group.
📚 Pagoda Education acquired Kapow Primary, a London-based provider of lesson plans, supporting resources, and professional development videos for teachers in primary schools.
💵 Varthana Finance, a non-banking finance company providing financial support to private schools in India, acquired Indian School Finance Company, a private institutional lender focused on the education sector, for $15M.
💼 Cornerstone, a provider of a corporate learning platform, acquired Talespin. Talespin provides business learning solutions, including training applications and performance support tools, through virtual, augmented, and mixed reality.
📒 Manutan Group, a company specializing in the distribution of equipment and supplies for businesses and government institutions, acquired Findel, a company that supplies educational resources to schools and nurseries, to become the European leader in the distribution of educational resources.
Thank you for reading. Have a great week ahead!
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