Back-to-school: education marketplaces

Education marketplaces have had a stable year so far as the combined enterprise value of the segment has increased almost 2%. Where as VC funding has steadily declined since 2020. H1 2022 reported a 27% and 20% decrease in YoY and HoH VC funding. 

Education had a small company valuation adjustment in 2022, which may be due to valuation lag as only 8% of education marketplace enterprise value is publicly traded. However, over 40% of enterprise value of these public companies has been lost in 2022 in relation to 2021.

Almost 70% of total education marketplace value comes from education platforms and providers, companies like PluralSight, Masterclass and Udemy, which offer exclusive courses from notable professionals and artists. Of those, 80% of their value is focused on consumer clients instead of businesses, but that might be changing as businesses fight to keep and recruit the best employees.

For instance, last year Udemy’s consumer segment reported $331M in revenue while its business segment $187M, but revenue made from its business clients increased 81% YoY compared to a 1% growth from its consumer brand.

On Dealroom, we've put together a list over 20K+ education marketplaces covering a wide-range of segments that include alternative education, corporate training, education management, and more. Explore the growing number of education marketplaces and use Dealroom Signal to discover the most promising startups within the market: 

In other news: 

📺 Netflix bets on ads to lower prices. Netflix has had a tough year with large share value drops and loss of customers as competition heats up in the industry. Now the entertainment marketplace is advocating on showing ads in its programming to offer lower subscription prices. - TechCrunch

📈 Metaverse fashion competition rises. Genies, a digital avatar startup has launched a fashion marketplace for metaverse avatars. The move comes as Meta has announced NFT publications on Facebook and Instagram and companies like Reddit and Ready Player Me compete.  

🇺🇸 Landing, a US ready to live apartment marketplace, has raised a $125M Series C round through debt and equity financing. The round comes to help with expansion efforts as the startup already surpassed 2021 booking reservation numbers in the first half of 2022.

🇸🇬 Glints, a Singapore-based recruitment marketplace, has raised a $50M Series D to expand to the Philippines and attract more members looking for jobs. Currently it counts on over 50,000 companies hiring and 3 million professionals looking for work. It also saw a 2.5x growth in profits in the last year.

🇰🇷 Tridge, a Seoul-based agriculture marketplace, has raised over $37M in a Series D round at over $2B valuation. The company works by connecting B2B buyers and sellers in over 150 countries. In 2021 it reported a total of just over $7M in sales while that number has increased to over $15M per month in 2022.

Other promising marketplace deals:

🇺🇸 LendBuzz, a Boston car financing platform, has filed a $43.7M funding round with the SEC in Late VC Funding.

🇩🇪 Marta, the Berlin based caregiver gig marketplace, has raised $6M to scale through Germany, Poland, Romania & Lithuania.

Explore 100+ funding rounds of the last week.

Notable exits:

🇸🇬 Singapore based e-learning platform BrightChamps, has acquired Schola, an online tutoring platform for kids. 

Explore 9 exits of the last week.

Tip of the week

🏆 Dealroom Signal Top 100

We’ve ranked the top 100 startups for 6 different industries to watch based on our Dealroom Signal: a powerful algorithm helping VCs, Corporates and Governments find the most promising up and coming startups.

Explore the top 100 startups of 6 verticals built by our data-driven algorithm. 👈

Job opportunities

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Dive in

📈 Marketplaces H1 2022

🚗 State of European Mobility H1 2022

🌎 Dealroom CEO Breaks Down an Updated State of VC

Christopher V. Dobereiner

Innovation Analyst
Dealroom

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