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

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
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
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
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
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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