Education

Edtech venture funding reached $2.6 billion in 2025, according to HolonIQ, then fell 26% year over year to about $1 billion in the first half of 2026. Revenue is concentrating in a few paid platforms: Duolingo booked $309.0 million in Q3 2026 revenue with 13.1 million paid subscribers, and Coursera reported $376.7 million after absorbing Udemy. The buyers behind the market spend at scale: U.S. public schools spent $17,619 per pupil in FY 2024, per the Census Bureau.