1st Edtech Observatory Spain

November 2020

EdTech is on fire!Powered by:

The SpanishEdTech Obsevatory

Miguel A. MurasFounder at:

Felix LopezFounder at:

The owners of the idea: crazy guys about Edtech

We think that Edtech is on fire! Why?

EdTech is on fire!

x2

EdTech is on fire!

EdTech is on fire!

CEO=WOMAN

+24%

3,1 % CTO3,1 % CMO 24,5 % Woman76,5 % Man

Cofounder

+33%

CEO

+75%

Total

80

About the sampleBase: 95 interviews

Previous experience in Education?

SAID YES ;-)

56

Your first Startup?

SAID YES ;-)

51

THE VETERANTS:2000: VIRTWAY2007: ABA ENGLISH2008: AISOY ROBOTICS2010: IT BOOK2011: AUGMENTED CLASS2011: SMARTICK2012: FOXIZE2012: APRENDICES VISUALES2012: SMARTMIND

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Date of launching:

Madrid: 35Barcelona: 28Andalusia: 10 Valencian Com: 8Basque Country: 5

Their headquarters:

THE TOP EMPLOYERS:60: ABA ENGLISH60: SMARTRAINING70: GENIALLY75: SMARTMIND75: LINGOKIDS80: SMARTICK150: ODILOAverage: 15 employees

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Members in your team:

What do you do?

What it your Edtech Product category?*According to CB Insights

What is your target audience? Your current customers?

THE one million club:ABA ENGLISH LINGOKIDSSMARTICKSmartmindcompettiaSmartrainingGeniallyODILOAverage: 529.500 €/yeartotal sales: 45 M €estimated in spain 130 M €

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Your sales in 2019:

% of Sales outside Spain?

+ 50 % of sales outsinde ;-)

23

Customers & Sales outside Spain?

SAID YES ;-)

66

Did you raised money?

SAID NO

37

Did you raised money?

SAID YES ;-)

58

THE top rounds + 1M: LINGOKIDSODILOABA ENGLISHvirtwayGeniallycompettiafiction expresstutellusAverage: 500 K* Excluding the top 3total raised: 85 M €

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Money raised until now?

Money raised until now. From El Referente

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Money from private investors come from?

Money from public funding come from?

THE top rounds + 1M: LINGOKIDSGeniallyvirtwayzapienSAverage: 500 Ktotal raised: 20 M €

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Money raised last year 2019?

THE top rounds + 1M: LINGOKIDSODILOvirtwayAverage: 717 Ktotal raised: 25 M €

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Money raised in 2020? Until August...

Did you applied to any incubator or accelerator?61,1 % Said YED58 from 95.

• YES NOW!: 86,3 %
• NO THANKS: 13,7 %

THE top rounds + 1M: LINGOKIDSgeniallyenglish for funBoolinozapiensaddtio appsmolwtechvirtwayAverage: 790 Ktotal target: 47 M €

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How much looking for current round?

In 2020 you will...?

CLOSE :-(

DECREASE

STABLE

GROW

Edtech Spain Observatory Powered by:

Want to know more about the observatory or much better, invest in Edtech, contact me: felix.lopez@sek.eswww.seklab.esEdtech is on fire!