Tech solutions for learning English are booming in China, with growth of 23.6 percent in the past five years, and the Middle East, with an estimated market size of $215.7 million by 2018.
Our Startup List: ESL Global gives you access to over 50 edtech startups in the English as Second Language space across the globe.
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Each entry is carefully researched and covers the following points (when information is publicly available):
- Company Name, Website
- Country, City
- Founding Date, Founders
- B2C, B2B, Vertical, Type, Age Group, Language
- Tech
- Investment, Accelerator
- User / Download numbers
- CrunchBase / AngelList Profile
Key Findings
The 50+ ESL startups we tracked for this list have raised over $365 million in the past 15 years, with OpenEnglish ($120m), TutorGroup ($115m), 51Talk ($65m), Voxy ($18m) and EnglishCentral ($14m) leading the list.
In terms of popularity within ESL we see the verticals of live tutoring, online schools and self paced online courses taking the top spots.
13 ESL startups on this list are located in the USA, 11 in Europe and 10 in Asia.
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What is a Startup List
EDUKWEST Startup Lists exclusively contain startups, companies whose image is one of a digital company, and whose main business, if not exclusively, is generated through their online presence. We therefore exclude traditional businesses from our lists that have added online components to their portfolio as an additional revenue stream but remain focused on their real-life operations.
Startups in our definition are new companies with high future growth potential that are exploring a new area or niche in the education market, and are (often) in search of their business model. They don’t need to be venture funded but can be entirely bootstrapped, or have an “exit” strategy. Startups included in our lists are often, but not exclusively, rather young companies.
Purchasing this Startup List will help you to analyze the most promising markets and verticals for online language learning products worldwide and to evaluate the different market segments within online language learning.
The Startup List comes in Excel format, so you can sort it easily by market segment, investment and other variables or add your own data to it. You also get a glossary, explaining how we define the different verticals in the language learning market.
With this Startup List you will be able to see how startups approach the global ESL market, track down competitors and what they do. In many cases you also get data on how many users the listed language learning startups have today as well as how much venture capital the startups raised.
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