emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors -...

33
A better education for billions of people emerge education

Transcript of emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors -...

Page 1: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

A better education for billions of people

emerge education

Page 2: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

Publishing partner China partner Research partnerHE partner Schools partner

Page 3: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

Outcomes

Page 4: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

January 2016 Joins Emerge Education

Outcomes

Page 5: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

January 2016 Joins Emerge Education

July 2016 £750k investment

Outcomes

Page 6: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

January 2016 Joins Emerge Education

July 2016 £750k investment

November 2016 Independent study - showing

impact

Outcomes

Page 7: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

January 2016 Joins Emerge Education

July 2016 £750k investment

November 2016 Independent study - showing

impact

Now 10,000 families across the UK

Outcomes

Page 8: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

Efficiency

Page 9: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

August 2016 Joins Emerge Education

Efficiency

Page 10: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

August 2016 Joins Emerge Education

October 2016 £1.5m investment

Efficiency

Page 11: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

August 2016 Joins Emerge Education

October 2016 £1.5m investment

January 2017 Launch at BETT

Efficiency

Page 12: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

August 2016 Joins Emerge Education

October 2016 £1.5m investment

January 2017 Launch at BETT

Now 85% of all UK schools

Efficiency

Page 13: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

Our impact

45+companies

6 millionlearners every month

10% 30%40%

early years education

schoolshigher/further

education

20%

lifelong learning

Page 14: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

What types of funding are out there?

Revenue Get paid by your customers

Page 15: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

What types of funding are out there?

Revenue

Debt

Get paid by your customers

Guaranteed income but uncertain cash flows

Page 16: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

What types of funding are out there?

Revenue

Debt

Equity

Get paid by your customers

Guaranteed income but uncertain cash flows

High growth potential with moat and large market, highly ambitious team

Page 17: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

Typical equity funding path

£100-250KAngel Validate problem and solution

Page 18: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

Typical equity funding path

£500K-1M

£100-250KAngel

Seed

Validate problem and solution

Find product market fit

Page 19: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

Typical equity funding path

£3-5M

£500K-1M

£100-250KAngel

Seed

Series A+

Validate problem and solution

Find product market fit

Grow to £1-2M MRR, predictability

Page 20: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

Typical equity funding path

£3-5M

£1-2M

£500K-1M

£100-250KAngel

Seed

Late Seed

Series A+

Validate problem and solution

Find product market fit

Grow to £100-200K MRR, repeatable business

Grow to £1-2M MRR, predictability

Page 21: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

Seed is slowing down

£3-5M

£1-2M

£500K-1M

£100-250KAngel

Seed

Late Seed

Series A+Averages

Total investment: Volume US: Volume EU: Total US: Total EU:

2015

$217m 203 92 $151m $43m

2016

$205m 124 78 $132m $45m

2017TD

$100m 37 29 $48m $34m

Crunchbase data

Page 22: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education Learn Capital Techstars Kapor Capital Dreamit NewSchools Venture Fund LearnLaunchX co.lab Reach Capital

Fresco Capital SOSV Startupbootcamp University Ventures Eleven SV Angel Northstar Ventures Right Side Capital Management Bethnal Green Ventures Founder Collective FundersClub Ulu Ventures LocalGlobe Seedcamp

Edtech investors - Seed

Page 23: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education Learn Capital Techstars Kapor Capital Dreamit NewSchools Venture Fund LearnLaunchX co.lab Reach Capital

Fresco Capital SOSV Startupbootcamp University Ventures Eleven SV Angel Northstar Ventures Right Side Capital Management Bethnal Green Ventures Founder Collective FundersClub Ulu Ventures LocalGlobe Seedcamp

Edtech investors - Seed in Europe

Page 24: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

Venture is becoming more selective, too

£3-5M

£1-2M

£500K-1M

£100-250KAngel

Seed

Late Seed

Series A+

Crunchbase data

Averages

Total investment: Volume US: Volume EU: Total US: Total EU:

2015

$2.6b 150 44 $1.9b $153m

2016

$2.1b 104 46 $1.1b $157m

2017TD

$1.5b 69 32 $1b $148m

Page 25: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

Rethink Education Sequoia Capital GSV Acceleration Accel Partners Learn Capital Kapor Capital New Enterprise Associates Felicis Ventures Social Capital 500 Startups GSV Capital ff Venture Capital Kleiner Perkins Caufield & Byers

Union Square Ventures First Round Capital Bessemer Venture Partners Reach Capital Spark Capital Index Ventures Intel Capital Benchmark Insight Venture Partners Omidyar Network Owl Ventures, LP HV Holtzbrinck Ventures New Markets Venture Partners Novak Biddle Venture Partners

IDG Capital Partners Norwest Venture Partners - NVP University Ventures Greylock Partners TAL Education Group SoftTech VC Redpoint FirstMark SV Angel GV Lightbank IBB Beteiligungsgesellschaft Chan Zuckerberg Initiative Silicon Valley Bank

Edtech investors - Series A+

Page 26: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

Rethink Education Sequoia Capital GSV Acceleration Accel Partners Learn Capital Kapor Capital New Enterprise Associates Felicis Ventures Social Capital 500 Startups GSV Capital ff Venture Capital Kleiner Perkins Caufield & Byers

Union Square Ventures First Round Capital Bessemer Venture Partners Reach Capital Spark Capital Index Ventures Intel Capital Benchmark Insight Venture Partners Omidyar Network Owl Ventures, LP HV Holtzbrinck Ventures New Markets Venture Partners Novak Biddle Venture Partners

IDG Capital Partners Norwest Venture Partners - NVP University Ventures Greylock Partners TAL Education Group SoftTech VC Redpoint FirstMark SV Angel GV Lightbank IBB Beteiligungsgesellschaft Chan Zuckerberg Initiative Silicon Valley Bank

Edtech investors - Series A+ in Europe

Page 27: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

So, how do you raise?

£3-5M

£1-2M

£500K-1M

£100-250KAngel

Seed

Late Seed

Series A+

Angel

Page 28: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

So, how do you raise?

£3-5M

£1-2M

£500K-1M

£100-250KAngel

Seed

Late Seed

Series A+

Angel

Ambitious FoundersGreat idea: big market with potential for a moat

Page 29: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

So, how do you raise?

£3-5M

£1-2M

£500K-1M

£100-250KAngel

Seed

Late Seed

Series A+

Seed

Ambitious FoundersGreat idea: big market with potential for a moatA product that works: outcomes or efficiency

Page 30: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

So, how do you raise?

£3-5M

£1-2M

£500K-1M

£100-250KAngel

Seed

Late Seed

Series A+

Late Seed

Ambitious FoundersGreat idea: big market with potential for a moatA product that works: outcomes or efficiency

Product market fit

Page 31: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

So, how do you raise?

£3-5M

£1-2M

£500K-1M

£100-250KAngel

Seed

Late Seed

Series A+

Series A

Ambitious FoundersGreat idea: big market with potential for a moatA product that works: outcomes or efficiency

Product market fit

Predictability

Page 32: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

Build something that creates real value

Page 33: emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors - Seed. 500 Startups Start-Up Chile Wayra Imagine K12 Y Combinator Emerge Education

Get in touch [email protected]

emerge education