Seed Funding on the Rise for Edtech Startups

Seed Funding on the Rise for Edtech Startups

PLANTING SEEDS: There were 115% more seed-stage deals for edtech startups in 2013 than in 2012, according to the latest figures from CB Insights. This increase was accompanied by a 170% uptick in the total dollar value invested in edtech seed deals. These numbers are somewhat consistent with the data provided by NewSchools Venture Fund, which tracked 59 seed deals totaling $64 million in 2013, versus 34 deals totaling roughly $30 million in 2012. Across all industries, CB Insights says "2013 saw the highest amount of seed venture capital deals since 2010."

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