10 Most Valuable EdTech Companies in the World

4. VipKid

Valuation: $4.5 billion

VipKid is a Chinese-based EdTech company designed for an online English language learning platform. It connects millions of paying students with teachers in the United States and Canada. Students receive 25-minute English language lessons from expert English teachers. The COVID-19 proved to be blessings in disguise for online education companies as VipKid’s customers increased 3.6 times in 1H 2020 with 150 million one-to-one courses. The company is currently hosting 800,000 paying students and 90,000 American foreign teachers. It has recognized the large-scale application of AI in online teaching. The number of AI interactive courses exceeds 1 million covering 100,000 students. The company is constantly growing and adjusting its products.

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