emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors -...
Transcript of emerge education A better education for billions ... - The Edtech …€¦ · Edtech investors -...
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A better education for billions of people
emerge education
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Publishing partner China partner Research partnerHE partner Schools partner
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Outcomes
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January 2016 Joins Emerge Education
Outcomes
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January 2016 Joins Emerge Education
July 2016 £750k investment
Outcomes
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January 2016 Joins Emerge Education
July 2016 £750k investment
November 2016 Independent study - showing
impact
Outcomes
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January 2016 Joins Emerge Education
July 2016 £750k investment
November 2016 Independent study - showing
impact
Now 10,000 families across the UK
Outcomes
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Efficiency
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August 2016 Joins Emerge Education
Efficiency
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August 2016 Joins Emerge Education
October 2016 £1.5m investment
Efficiency
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August 2016 Joins Emerge Education
October 2016 £1.5m investment
January 2017 Launch at BETT
Efficiency
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August 2016 Joins Emerge Education
October 2016 £1.5m investment
January 2017 Launch at BETT
Now 85% of all UK schools
Efficiency
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Our impact
45+companies
6 millionlearners every month
10% 30%40%
early years education
schoolshigher/further
education
20%
lifelong learning
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What types of funding are out there?
Revenue Get paid by your customers
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What types of funding are out there?
Revenue
Debt
Get paid by your customers
Guaranteed income but uncertain cash flows
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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
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Typical equity funding path
£100-250KAngel Validate problem and solution
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Typical equity funding path
£500K-1M
£100-250KAngel
Seed
Validate problem and solution
Find product market fit
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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
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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
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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
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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
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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
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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
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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+
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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
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So, how do you raise?
£3-5M
£1-2M
£500K-1M
£100-250KAngel
Seed
Late Seed
Series A+
Angel
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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
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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
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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
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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
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Build something that creates real value