B2B SaaS
Q4 202314.12.2023

B2B Edtech

Picture of Éanna Kelly

Éanna Kelly

at Sifted

Edtech was in a different stratosphere during the pandemic years of 2020 and 2021, as the demand for remote learning skyrocketed. That unique window of enforced home learning has now closed, and founders are turning their attention away from schools and universities and towards the lucrative world of business customers.

Startups are navigating the world of workplace training with big ideas to help companies invest in their people via learning and development (L&D) budgets. And despite a drop in average round sizes and deal count in 2023, the variety of B2B edtech offerings in Europe is impressive when you dig in.

But the market’s definitely getting tougher. Startups are up against a lot more competition — there’s so many online coaching, tutoring and mentoring options now — and corporate L&D budgets are feeling the pinch. Meanwhile, startups that raised big rounds in early-to-mid-2021 will be coming back to the table for more funding soon, so watch out for downrounds.

20 most promising early-stage startups

  • Sdui logo

    Sifted score

    8.44
    -

    Sdui

    Communication and organisation platform for schools

    • Strong investor(s)
    • Serial founder(s)
    • Hiring

    • Year founded

      2018

    • HQ

      Koblenz, Germany

    • Latest round

      Series A
      €18m / Feb 2023

    • Total funding

      €25m

    View company profile
  • Sharpist logo

    Sifted score

    8.22
    -

    Sharpist

    Personalised coaching for workforce development.

    • Serial founder(s)
    • Hiring

    • Year founded

      2018

    • HQ

      Berlin, Germany

    • Latest round

      Series A
      €20.9m / Feb 2022

    • Total funding

      €26.4m

    View company profile
  • Colossyan logo

    Sifted score

    7.61
    -

    Colossyan

    AI-powered platform for workplace learning video production

    • Fundraising
    • Serial founder(s)
    • Hiring

    • Year founded

      2020

    • HQ

      London, United Kingdom

    • Latest round

      Seed
      €5m / Feb 2023

    • Total funding

      €6m

    View company profile
  • Innovamat logo

    Sifted score

    7.32
    -

    Innovamat

    Engaging math curriculum tool for teachers

    • Serial founder(s)
    • Hiring

    • Year founded

      2017

    • HQ

      Barcelona, Spain

    • Latest round

      Series A
      €20m / Mar 2023

    • Total funding

      €20.7m

    View company profile
  • Astrid logo

    Sifted score

    7.3
    -

    Astrid

    AI-powered communication skills improvement platform

    • Fundraising
    • Serial founder(s)
    • Hiring

    • Year founded

      2020

    • HQ

      Stockholm, Sweden

    • Latest round

      Seed
      €3.6m / Apr 2021

    • Total funding

      €4.8m

    View company profile

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