Education is ripe for disruption, and investors see a huge long-term opportunity. The Digital Revolution has changed the traditional learning model as we know it. Thanks to advances in mobile telecommunications, we are continuously learning and downloading information. And this momentum should persist as technology breaks physical boundaries.
Statistics tell the story. Venture investors poured $423 million into 53 different education companies in the first half of the year. That compares to $361 million invested just five years ago. If the pace of investment this year continues, 2014 will have the highest level of investment in education companies ever—dwarfing the $601 million invested last year, according to the National Venture Capital Association.
It's not surprising that funds are even being allocated to specialized educational technology niches—from Imagine K12, an accelerator focused on start-ups serving the K–12 market, to University Ventures Fund, which funds programs addressing higher-education needs.
Read on to get a glimpse of the 8 start-ups leading the revolution. They are rewriting the rule book on everything from teaching tools to online learning. Their goal: to democratize learning for the masses.
—By Julia Boorstin, CNBC media and entertainment reporter
Posted on 11 September 2014