If you are an Australian edtech company, where should you look for investment, and what requirements do you need to meet?
Who is investing?
As of October 2020, the following investors are on the list:
- Arowana – a strategic investor.
- The Giant Leap Fund – an impact investor.
- Greenwich Capital – a growth capital investor.
- Owl Ventures – a specialist edtech investor.
- Riley Batchelor – an angel investor.
- Telstra Ventures – a venture capital firm.
What are they investing in?
Currently there are six investors on the list. While this is a limited sample size, we can make a few observations:
More investors are interested in post-secondary education (higher education and corporate/lifelong learning). This is consistent with ongoing trends — over the last couple of years, the largest Australian edtech funding rounds have generally gone to companies in corporate & lifelong learning.
Most (4 out of 6) of the investors in the list specified a minimum revenue requirement, with one having an EBITDA requirement as well.
A broad range of investors is interested in edtech — the list includes the angel, VC, strategic, impact, and dedicated edtech investor sectors.
The investor list is off to a good start; if you are an edtech company looking for funding, hopefully you will find this a useful starting point. And if you are investing in Australian edtech, join the list here!
Updated 13 October 2020 to add Owl Ventures and update the chart.