Companies specializing in educational technology (EdTech) now offer courses on artificial intelligence, customizing learning experiences to individual needs by identifying areas where students need extra help and providing targeted feedback through online learning platforms. The fusion of AI in education has introduced a fresh perspective on learning methods.

A study published in 2021 in the journal “Educational Researcher” discovered that incorporating AI-driven gamified learning experiences could lead to a remarkable increase in student engagement and motivation. The study found that students were significantly more engaged and motivated when using these AI powered tools.

In 2020, the International Society for Technology in Education (ISTE) conducted a study revealing the effectiveness of AI powered language learning tools in personalizing instruction for students with diverse backgrounds and learning styles. This personalization promotes great equity in education by ensuring that all students receive customized support to meet their individual needs.

According to a 2023 report by GlobalData, the Edtech market driven by AI advancement is projected to reach a staggering value of $535 billion by 2030. This forecast underscores the substantial role AI is expected to play in shaping the future of education indicating a significant shift towards AI-driven educational technology.

The development of AI-powered educational software has revamped traditional learning techniques, offering mobile digital courses, online resources, and virtual classrooms. As more EdTech firms embrace AI, it’s important to discuss the potential applications and advantages of AI-driven educational app development.

How is AI in education helping in predictive analytics and supporting students with disabilities?

Predictive Analytics

AI’s integration into educational technology has revolutionized how student data is analyzed and utilized. Predictive analytics, powered by AI algorithms, allows educators to gain deep insights into students’ learning patterns and behaviors. By examining various data points such as academic performance, attendance records, engagement levels, and even social interactions within learning platforms, AI can identify potential areas where students might struggle.

Predictive analytics in EdTech enables educators to anticipate challenges before they arise, providing an opportunity for proactive intervention. For instance, AI algorithms can detect trends indicating a student’s declining performance in a particular subject or concept. Armed with this information, teachers can offer personalized support, such as additional resources, targeted interventions, or adaptive learning pathways tailored to address specific learning needs.

Predictive analytics can facilitate early identification of at-risk students, enabling educators to implement timely interventions to prevent academic setbacks. By leveraging AI-driven insights, schools and educational institutions can optimize resource allocation, allocate support services efficiently, and ultimately improve student outcomes.

Support for Students with Disabilities

AI-powered tools have significantly enhanced accessibility and inclusivity in education by providing tailored support for students with disabilities. One of the most impactful applications of AI in this regard is through assistive technologies such as text-to-speech and speech-to-text conversion.

Text-to-speech (TTS) technology enables students with visual impairments or reading difficulties to access written content more effectively. AI algorithms can convert text-based educational materials, including textbooks, articles, and digital documents, into spoken language in real-time. This allows students to listen to the content, thereby overcoming barriers associated with traditional text-based learning materials.

Conversely, speech-to-text (STT) technology empowers students with speech impairments or writing challenges to express themselves more easily. AI-driven speech recognition algorithms transcribe spoken language into text, allowing students to dictate their thoughts, answers, or assignments verbally. This enables students to participate actively in classroom discussions, complete written assignments, and engage with digital learning platforms more independently.

AI-driven adaptive learning platforms can customize the learning experience to accommodate diverse learning styles and preferences, including those of students with disabilities. These platforms use machine learning algorithms to adapt content delivery, pace, and difficulty levels based on individual student performance and feedback, ensuring a personalized and inclusive learning environment for all students.

AI-enabled support tools hold tremendous potential to level the playing field for students with disabilities, empowering them to fully engage in the learning process and achieve academic success. By leveraging AI technology, educational institutions can foster greater inclusivity and ensure that all students have equal access to quality education.

Let’s take a glimpse into the future of AI-driven EdTech and explore its potential.

What is AI and how can it be used in education?

AI is the latest and most innovative technology that allows machines to understand concepts. Like humans, AI is learning and evolving. Unlike traditional algorithms, AI can process data dynamically. AI is being adopted in every sector, and the education sector is no exception.

“AI in the larger education market is worth US$2.9 billion by 2022 and is expected to grow by 43.8% between 2023 and 2029.”

The integrated edtech tool works better than the normal one. Many of us think that AI is just a part of today’s robotics, but in reality, AI has touched every aspect of our daily lives.

AI-powered tools are transforming the EDTech industry enabling more personalized, adaptive, and efficient learning experiences for students while providing valuable tools and insight to teachers and administrators.

Here are a few examples of AI-powered tools that most of us use on a daily basis:

• Personalized Advertising – AI algorithms understand browsing patterns and understand and recommend tailored recommendations to the users.
• AI Support – AI driven auto paper verification.
• Types of Descriptive Response Analysis
• Generative AI research for student testing

With AI being here and being an active part of edtech and learning, we are just looking more and more at what AI as Edtech can put into learning and education again.

The integration of artificial intelligence (AI) into the education technology (Edtech) industry has ushered in a new era of learning innovation, presenting both significant advantages and notable challenges. As AI powered tools and applications become increasingly prevalent in educational settings, educators, students and stakeholders are confronted with myriad opportunities and considerations. The introduction explores the multifaceted nature of AI in EdTech by examining its advantages and disadvantages.

By looking into the potential benefits of AI in facilitating personalized learning experiences, optimizing educational outcomes, and fostering accessibility, we gain insights into how AI is reshaping the educational landscape. However, it is important to acknowledge the drawbacks and limitations of AI, including concerns related to privacy, bias, and humanization of learning experiences. By critically evaluating the advantages and disadvantages of AI in Edtech, we can better navigate the complexities of AI in education and harness its transformative potential while mitigating associated risks.

Advantage

• Personalized Learning
• Limited subject matter expertise
• 24/7 availability
• Potential bias and inaccuracy
• Scalability

Disadvantage

• Dependence on technology
• Feedback and assessment
• Privacy and security concern
• Language learning support
• Lack of emotional intelligence

How AI is Transforming a New Era of Learning

Monitoring Educational Trends and Competitor Activity

Utilize AI to validate strategic decisions or advocate for change by closely monitoring real-time events, trends, competitor actions, and popular content within the education sphere.

Anticipating Future Skill Demands and Prompt Responses

Leverage AI to stay abreast of evolving skill requirements driven by macroeconomic shifts and technological advancements, allowing swift adjustments to education strategies.

Elevating Learning Experiences

According to a recent LinkedIn Survey conducted by Deeper Insights, 79% of 177 respondents from the Edtech community foresee AI significantly enhancing learning experiences. AI can achieve this by:

Personalizing Learning Paths

Tailoring educational content to individuals based on their unique interests, skills, learning styles, and past performance.

Alleviating Student Fatigue

Predicting support needs and offering advanced content as learners progress at their own pace.

Reducing Staff Workload

Employing AI for assessing progress, providing evaluations, and suggesting tailored interventions.

Enhancing Content Engagement

Combining immersive technologies like virtual classrooms with AI to deliver personalized, engaging content with real-world applicability.

Streamlining Educational Administration and Operations

Automate essential functions such as enrollment, onboarding, grading, surveys, and communication protocols, thus facilitating the scalability of key educational operations.

Expanding Educational Opportunities Worldwide

AI enables the global dissemination of educational offerings on a large scale, allowing organizations to rapidly expand their services to meet the demands of learners worldwide.

AI’s impact isn’t confined to academic settings but extends to corporate learning, where organizations vie to attract and retain talent amidst dynamic market conditions. By integrating AI into training initiatives, users benefit from enhanced context, relevance, and personalization in their learning experiences. Additionally, organizations can effectively demonstrate knowledge transfer and measure learning’s tangible impact on business outcomes.

Application and benefits of AI in EdTech

Frequent content updates

In education, AI and ML technologies play an important role in aiding teachers and researchers in creating engaging and effective content for teaching and learning. Here are a few ways in which AI facilitates smart content creation.

Information Visualization

Traditional teaching methods often lack visual aids beyond laboratory experiments. However, AI powered content creation introduces immersive web-based environments that visualize information in 2D and 3D formats. This technology allows students to perceive concepts in diverse ways, enhancing their understanding.

Digital lesson generation

AI contributes to the creation of compact digital learning materials that need minimum storage space. These resources are easily accessible from various devices facilitating smooth learning experiences. As a result, both students and educators can access comprehensive study materials without worrying about storage limitations.

With AI, you can easily create, and update lesson materials as needed to keep them current. Plus, you will receive notifications whenever new information is added, helping you stay prepared for upcoming tasks.

Adaptable Access

Completely accessible information has enabled users to leverage the benefits of AI in education. A recent survey showed that over 60% of educational businesses rely on AI/ML-based educational app development supported by modern tools and resources. Support for features such as multilingualism helps to translate information into different languages, making it easier for every citizen to teach and learn.

AI also plays an important role in educating audiences who are visually or hearing impaired. AI-powered converter tools like Presentation Translator provide real-time subtitling for virtual lectures.

Determining Classroom Vulnerabilities

One of the powerful benefits of AI technology in education is to continue to have a positive impact on our environment through distance learning. But many experts believe that AI will soon replace the human touch in learning. Now this would be the case for other industries but not for education. AI goes hand in hand with education, supporting hands-on and virtual learning.

AI simply helps experts by personalizing teaching and learning processes.

Closing the Skill Gap

For businesses struggling with the technology gap, enhancing student skills is a valuable solution. AI and ML-powered software and application development solutions provide students with highly available and affordable opportunities to move up.

This is not just for students; The skills and training of existing employees can increase morale and motivate company-wide commitment to improvement and innovation.

The use of AI in education influences L&D (Learning and Development) by examining how people acquire knowledge. As soon as the system adapts to the human way of learning and learning, it makes the curriculum work accordingly.

Customized Data-Based Feedback

Feedback is main when designing learning experiences, whether in the workplace or in the classroom. The key difference between effective teaching and mere content delivery is that effective teaching requires consistent feedback. It is important that feedback comes from a reliable source; Thus, AI in education analyzes and displays job reports based on daily data.

Feedback based on data enhances student satisfaction, eliminates bias from learning processes, and provides insights into areas where skills may be lacking. These responses are tailored to the performance of each student and staff member listed in the chart.

24*7 Assistance with Conversational AI

Chatbots are an increasingly familiar example of how AI in education consumes data to inform and provide support accordingly. This benefits business professionals and educators from user engagement in formal learning.

In education, Conversational AI offers intelligent guidance by closely monitoring resource management systems and responding to their needs effectively. People all over the world opt for distance learning and corporate training courses without having to take a break from studies, family or work. Here, AI chatbots can handle enrollment queries, provide immediate solutions, provide access to important learning materials, and provide 24*7 support.

Secure and Decentralized Learning Systems

The education industry innovates rapidly with AI but is often hampered by issues such as data protection, data transformation, and outdated certification processes.

For example, Nova is a blockchain-based learning management system that addresses authentication issues common in the education market. This LMS is powered and supported by AI and blockchain technology to help millions of teachers and students with data and information protection solutions.

AI in Examinations

AI software plays an important role in managing tests and interviews to ensure accuracy. Using web cameras, a microphone and a web browser, the AI ​​system monitors the user and analyzes keystrokes to detect any suspicious behavior. If an irregularity is detected, the system immediately alerts the administrator.

The benefits of AA-based testing solutions are varied, attracting edtech startups and businesses. Depending on the types of challenges users face, this AI technology offers valuable solutions. If you are involved in professional education, now is the time to consider integrating AI solutions into your educational practices.

AI Use Cases in Education – Real Examples

AI is revolutionizing education by providing personalized learning experiences that cater to each student’s unique abilities and needs. Let’s delve deeper into how leading global brands and IT consulting firms are integrating AI with education to develop innovative and intuitive AI-based EdTech applications.

Google

Google Classroom is widely recognized for its AI integration, simplifying various aspects of teaching. It empowers teachers to create assignments, provide feedback, and manage classroom dynamics efficiently. Through AI algorithms, Google Classroom facilitates automated grading, offers personalized learning material recommendations, and analyzes student data to offer insights into their progress and development.

Moreover, Google Translate and Google Scholar significantly enhance the learning and research experience for both students and educators. Google Translate eliminates language barriers by providing instant translations of text, websites, and even spoken language. On the other hand, Google Scholar leverages AI algorithms to analyze and index scholarly articles and academic resources, simplifying the process of finding relevant and authoritative sources for students, researchers, and educators alike.

Duolingo

The popular language learning app Duolingo utilizes AI to create adaptable language lessons. Through AI, the app tracks students’ progress, identifies areas needing improvement, and adjusts course content accordingly.

Duolingo provides personalized lessons, vocabulary exercises, and interactive quizzes to help learners enhance their language skills. AI technology also aids in speech recognition, offers pronunciation feedback, and generates engaging learning materials to facilitate effective language acquisition.

Coursera

Coursera is changing the landscape of online education with the help of AI. Through personalized course suggestions, adaptive learning routes, and automated assessments, students receive customized recommendations and prompt feedback.

By analyzing user data and preferences, AI algorithms recommend appropriate courses, adapt course materials based on learners’ advancements, and offer instant grading and feedback. These AI-powered functionalities elevate the online learning experience, leading to increased engagement and better outcomes. Check out the linked blog to learn more about the cost of building an EdTech app like Coursera.

Will AI transform Edtech?

Ai is changing the field of education (EdTech) and will continue to transform it in numerous ways. Here’s how –

Personalized Learning

AI can analyze vast amounts of data to tailor learning experiences to individual students’ needs, preferences, and learning styles. This personalization enhances engagement and ensures that students receive content at their own pace, leading to more effective learning outcomes.

Adaptive Learning Systems

AI powered adaptive learning platforms can adjust the difficulty of content based on student’s performance, providing targeted support and challenges. This helps students stay motivated and continuously improve their skills.

Intelligent tutoring System

AI driven tutoring systems stimulate one-on-one instruction by providing immediate feedback, explanation, and guidance to students. These systems can identify areas where students are struggling and offer additional support, promoting deeper understanding and mastery of concepts.

Automated Grading and Feedback

AI algorithms can grade assignments, quizzes, and tests quickly and accurately, saving intelli teacher’s time and providing students with timely feedback. This allows educators to focus on more meaningful interactions with students rather than administrative tasks.

Virtual Reality (VR) and Augmented Reality (AR)

AI enhances VR and AR experiences in education by personalizing simulations and immersive learning environments. These technologies enable students to explore complex concepts, conduct experiments, and engage in hands-on learning in ways that were previously impossible.

Natural Language Processing (NLP)

NLP enables AI to understand and generate human language, facilitating language learning, translation, and communication. AI chatbots and virtual assistants can also provide instant support to students, answering questions and providing guidance around the clock.

Data Analytics for Decision-Making

AI can analyze vast amounts of educational data to identify patterns, trends, and insights that inform curriculum development, teaching strategies, and resource allocation. This data-driven approach enables institutions to make informed decisions and continuously improve the quality of education.

AI has the potential to transform every aspect of education technology, making learning more accessible, engaging, and effective for students worldwide. However, it’s essential to address ethical considerations, such as data privacy and algorithmic bias, to ensure that AI benefits all learners equitably.

Future of AI in education

The future of AI holds great promises to change the way we teach and learn with continued advances in artificial intelligence and machine learning, we can see several key developments –

Personalized learning

AI will enable personalized learning experiences customized to the needs, abilities and preferences of the individual student. Adaptive learning platforms powered by AI algorithms analyze student performance data and provide customized learning strategies and content.

Intelligent teaching

The AI powered teaching system will provide real-time support and feedback to students, mimicking the support of a human teaching. This format will suit student’s learning styles, and pace, and help them better understand complex concepts.

Automated Grading and evaluation

AI systems will automate grading and evaluation systems, freeing up time for teachers to focus on more meaningful interaction with students. The machine learning system will analyze student submission and provide immediate feedback, facilitating quick turnaround times for assignments and assessment.

Virtual Reality and immersive learning

AI will combine with Virtual Reality (VR) and Augmented Reality (AR) technologies to create immersive learning experiences that mimic real world environments. This approach will increase student engagement and understanding by providing hands-on learning opportunities in a virtual environment.

Enhanced Data Analysis

AI powered data analysis tools give teachers deeper insights into student’s performance, curriculum and areas for improvement. By using large datasets, AI algorithms identify trends and patterns that can inform instructional design and curriculum development.

Conclusion

The transformative impact of AI on the Edtech industry is unmistakable. As we look ahead, it’s clear that AI technologies are poised to revolutionize education in profound ways. From personalized learning experiences and intelligent tutoring systems to automated grading and immersive learning environments, AI is reshaping how we teach and learn. This evolution holds the promise of democratizing access to education, enhancing learning outcomes, and empowering educators with innovative tools to support student success.

As AI continues to advance, it will play an increasingly central role in shaping the future of education, paving the way for a more inclusive, efficient, and effective learning landscape for learners of all ages and backgrounds.

The post How AI is Transforming the Educational Technology Industry appeared first on Techuz Blog.

At its core, edtech is using technology to enhance the learning experience and pedagogy for improved results.  And some edtech companies are doing this incredibly well. So good that they are not only radically redefining education but also taking home huge VC funds and revenue. So here’s a list of such edtech companies that you must know about.

Top EdTech Companies and Startups

1. Byju’s – Leading K-12 Tutoring Platform

Byju’s is the edtech company that has made the most headlines by bagging eye-popping funds. Raising $1 billion in 2020 and with a valuation of over $13 billion, BYJU is India’s first edtech unicorn.

Formerly known as Think and Learn Pvt Ltd, Byju’s was founded in 2011 offering video study materials for better conceptual understanding. Back then it mainly focused on mathematics and science for 8-12 grades and preparation of entrance exams. It was a huge success. And soon it ventured into more sophisticated edtech with digital learning programs and mobile apps which acquired 2 million users in just 3 months of the launch.

Currently, the edtech company covers the K-12 sector as well as the popular entrance exam preparation with over 50 million registered users and around 3.5 million paid ones. It also creates personalized online programs and provides personal tutoring based on student’s learning capabilities. In 2019, it collaborated with Disney to craft special learning programs for children aged between 6-8 years.

Features

• Quality video content and visual aids
• Study materials with compliance to education boards
• Real-time learner-tutor communication
• Across all platforms: Web, iOS, and Android

2. Brainly – Crowdsourced Education Q&A Platform

A student might know how baffling some lessons and concepts can be. A Google search can help but Brainly is offering something even better — a peer-to-peer learning platform to ask questions and provide answers.

Brainly is a Polish edtech company founded in 2009. It is a crowdsourced Q&A education platform that helps students and teachers get and give study answers. In many ways, it works like Yahoo Answers, but just Brainly is education-focused. Students can post their doubts and homework questions on various subjects and the peers can answer them.

It has incorporated game elements like points and badges to encourage students to post more answers and earn the rewards. Apart from the general users, there are various other categories of users that ensure a better experience on the platform. These include — moderators, Brainly teachers, administrators, and community leaders.

In 2020, Brainly raided $80 million with its total funding reaching the mark of $150 million. The year also brought 100 percent growth in worldwide users. As of November 2020, it reported 350 million monthly active users making it the world’s most used educational platform.

Features

• World’s largest social learning community
• Verified answers on extensively all subjects
• Present across all platforms: Web App, iOS, Android
• Totally free homework help

 3. Kahoot! – Simplifying Gamification in Learning

Kahoot! is a game-based edtech platform making learning, homework assignments, and review sessions fun.

Launched in 2013, this edtech company from Norway offers easy solutions for gamification in education in a matter of minutes. You can create and share playable learning games on any subject for anyone — be it for schools, corporate business, or sports and cultural events. And these sharable games can be played across all devices — mobile as well as web.

It has been widely used in classrooms transforming homework assignments into micro-quiz and trivia also know as ‘Kahoots’ that students play together to earn points. The platform comes with both free and paid plans specifically designed for different needs of the classroom, work, and social use.

As per its website, over 100 million games have been created, played over 5 billion times, and it has a global user base in 200+ countries. In 2020, it raised $28 million to keep up with the platform’s demand. Kahoot is now valued at $1.4 billion.

Features

• Easily create and share game-based lessons and assignments
• Games playable across different devices, in-person and virtually
• Fully customizable game rules
• Game elements that improve engagement and pedagogy

4. Udemy – Online Course Marketplace

Udemy is a massively famous online learning platform that not only provides courses to the learners but also gives instructors a platform and tools to sell their courses. This way it works as a course marketplace where learners buy and instructors sell courses.

The platform was founded in early 2010 based on the idea of the live virtual classroom. The cost of development was bootstrapped by the founders as their concept failed to impress the investors. To be exact, as per the co-founder Gagan Biyani, it was rejected 30 times. But within a few months of the launch, it proved to be a great success with over 1,000 registered instructors and 10,000 learners.

Today, Udemy is a household name providing over 155,000 courses by 70,000 registered instructors to more than 40 million learners. And while the platform caters to a wide variety of courses, the majority of courses are focused on developing job-related skills. In 2020, it raised $100 million in funding, making it one of the high valuing edtech companies with a valuation of $3.25 billion.

Features

• Online course marketplace
• Huge variety of courses on almost every subject and skill
• In-course assessments
• Web and mobile combability
• Interactive and high-quality content
• Great tools for instructors for building courses

5. Khan Academy – Free Education For Everyone

Khan Academy is a nonprofit organization with a mission to provide free education to anyone, anywhere. They believe everyone deserves a chance to learn and they are making it possible by providing free learning resources for all ages. This is what you call democratizing education.

Founded in 2008, Khan Academy provides learning resources on a myriad of subjects ranging from math, science, arts & humanities to popular test preparation. The free resources include thousands of videos, articles, interactive exercises categorized based on grades K-12 and different subjects.

One of the great things about the platform is that it focuses on mastering the concepts rather than scores. It has a mastery-based learning system that helps students learn and master the concepts at their own pace before moving to the next one. The platform also focuses on providing a rich learning experience and engagement with game elements like points and badges for the learning achievements on the platform.

Unlike other edtech companies on the list, Khan Academy is a nonprofit organization which means it relies on donations from individuals, foundations, and corporations. And it has received massive support from individuals and corporates all over the world including Bill and Melinda Gates Foundation, Google, Comcast, General Motors, and more.

Features

• Personalized and mastery-based learning
• Quality instructional videos
• Practice exercises
• Covers varied subjects of grades K-12 and entrance test prep
• Resources available in more than 36 languages
• Entirely free platform

6. Coursera – Courses from World-Class Universities

Picture this: Learners accessing world-class courses from 200+ top institutions like Princeton, Stanford, or Yale for free. They can even earn the desired credentials at an affordable price, from anywhere in the world. This edtech company is exactly doing this.

Founded in 2012 by two Stanford University professors, Coursera is one of the largest online learning platforms with numerous courses. Partnered with over 200 colleges, universities, and companies, Coursera offers flexible and job-relevant online degrees and certificate programs to individuals as well as organizations.

Although Coursera was started as a massive open online course (MOOC) without a business plan, over the several years it has managed to monetize the platform. It offers a range of pricing options for different courses with a free-to-audit option.

In its impact report 2020, Coursera revealed that it has over 77 million learners including 100+ fortune 500 companies and 6,000 campuses, companies, and government agencies learning on Coursera. And in the same year, it was reported to raise $130 million in funding and reach a valuation of $2.5 billion. In March 2021, it went public and raised nearly $520 million. The company’s last market valuation was reported over $5 billion.

Features

• Video lessons from top education institutions
• Interactive and high-quality Content
• In-course assessments
• Course recommendation engine
• Skill Assessment
• Reporting and Analytics for enterprise learning
• Web and mobile combability

7. Duolingo – Most Popular Language-Learning Platform

Duolingo is the world’s most popular language-learning platform offering 106 courses to over 300 million registered users. While there are many other similar platforms (in fact, older than Duolingo), what makes it popular is its freemium business model.

The founders believed that free education can change the world and so it offers a free plan along with a premium one. This freemium business model has aided to acquire this massive user base.

The entire platform is gamified where the users learn, complete tasks, progress to new levels, and earn points. The platform also has public leader boards and options to compete against friends to check each other’s skills. The effective use of game mechanics and dynamics as well as the quality courses makes language learning a delightful experience.

In 2020, Duolingo raised $35 million in funding, and its current valuation of $2.4 billion.

Key Features

• Gamified language-learning platform
• Personalized learning provides lessons based on your learning style
• 106 courses in 36 different languages
• Available on the web as well as mobile

8. Unacademy – Largest Live Learning Platform

Started as an educational YouTube channel in 2010, Unacademy is one of the leading edtech companies. It is also among the largest live learning platforms providing live classes for grades 6-12, but it mainly focuses on entrance test preparation. In fact, it has solidified its presence in the market acquiring various leading test prep companies including Kreatryx, PrepLadder, and Codechef. The platform has more than 50 million active users and provides 2000+ daily live classes.

The great thing about Unacademy’s live classes is its fine virtual class environment with real-time student-tutor chats, live queries and doubt solving, and class interaction with live answer polls. Students can also access the recorded sessions along with lecture notes, mock and practice tests on the platform.

The company last raised $80 million in 2020 and has a valuation of $2 billion.

Features

• One of the largest live learning platform
• Focused on competitive exams and grades 6-12
• Provides daily live classes
• Available across the web and mobile devices

9.  Course Hero – Crowdsourced Learning Platform

Course Hero is a crowdsourced learning platform where students can access course or subject-specific study materials contributed by students and educators. The platform provides over 20 million study materials such as study guides, class notes, essays, reports, practice tests, infographics, videos, and other resources that make it an ideal place for study help.

The platform is easy to use. Students can simply create an account and add courses and classes that they need help with. And all the available study materials for that course will be accessible to the student from the dashboard. The platform provides a  basic free as well as a couple of premium options. Users can subscribe to a premium plan to access the materials or upload their own study resources to access the platform for free.

In August 2020, it raised $80 million bringing its valuation to $1.1 billion.

Features

• Over 20 million course-specific study material
• A community of 24 million students and educators
• Tutoring and guidance for assignments
• Option of a free tier

10. Chegg – Edtech Platform For All Education Needs

Chegg is is a learning platform helping students achieve best in school and academics. The platform is focused on providing a better return on investment by helping students learn at a lower cost. And they do it by providing all-around services such as rental textbooks, low-priced ebooks, free flashcards for preparation, tools and expert help for writing papers, step-by-step textbook solutions and expert Q&A help, and even internship assistance. And for each, they provide a dedicated app — Chegg Books, Chegg Prep, Chegg Writing, Chegg Study, and Chegg Internships.

Apart from these Chegg provides several other products and services like Math Solver, Study 101, Solutions Manual, Chegg Money, Chegg Coupons, and more. All these services make it a complete platform for all education needs.

Features

• Cost-effective and rental books
• Feature-rich tools for learning and preparation
• Expert tutor help
• An all-round solution for all study needs

Wrapping Up

So these are the edtech companies that are radically redefining traditional education. Hope this list gives you an idea of the top players in the edtech sector and inspiration for your own edtech product. We at Techuz specialize in developing end-to-end edtech platforms with sophisticated features. Feel free to contact us for a free consultation or request our edtech portfolio.

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