COVID-19, Online Learning, and EdTech Startup Growth

COVID-19, Online Learning, and EdTech Startup Growth

EdTech has been evolving for the last 15-20 years, in a meaningful way, but the COVID-19 pandemic has altered the structure of the world completely. International lockdown in the past couple of months has affected our economic and social behaviors and is continuing to do so, even after the lockdown easement. People and businesses are now realizing that by using the right technology, they can perform their daily functions without getting out of the house. Pivot to digital classrooms is one of the major changes taken place during the pandemic and opened new possibilities for people and businesses to take advantage of this age of innovation. The question most people are curious about is:

How has pandemic changed the face of EdTech?

The coronavirus pandemic has forced major changes in education at every level, from early years to adult learning and career development. According to research conducted by, the pandemic has accelerated the adoption of digital technology in education with global EdTech investment on track to grow by 15% in 2020. It has completely changed the structure of education and will continue to do so in the post-pandemic world. But how? In this article, we will discover how the pandemic has lead to EdTech startup growth.

Online learning reinvented as a necessity

In order to contain the contagion, many countries have implemented restrictive measures to reduce the gathering and formations of crowds. Schools were the most affected and had to reduce their classes or close entirely. One can only imagine the impact when, at the peak of the crisis, almost 1.6 billion people could not use their classrooms. If school closures are extended for too long, there is a significant potential for loss of educational opportunities, but also a potential loss of human capital and diminished economic opportunities in the long-term.

Fortunately, the closing of schools did not entirely stop education, although it changed it. To reduce the impact of closures, schools have been looking for alternative ways to provide access to education. On the side of homeschooling, students and children are currently, wherever possible, remotely educated all over the world, using technology such as online courses, video classes, and electronic textbooks. So online learning is no longer a trend but a necessity that is here to stay in the future.

Also read How to Teach Kids the Basics of Web Designing

Emerging Virtual Technologies

When the pandemic hit the world, there has been a dramatic rise in the demand for education software. Nowadays, with the physical closure of schools, parents and students know the need for effective e-learning solutions, especially in the pandemic world.

Even schools have been buying a membership for their students to learn additional skills on websites like Coursera. Recently, Coursera announced that it has raised $130 million in additional funding from its investors. Moreover, Udemy reportedly raised new finance at $3 billion valuations. This data proves that there is sheer potential for new EdTech startups. This is mainly due to the realization by people that they don’t have to pay 1000’s dollars to get valuable education when they can get the same quality of education at a much cheaper rate. Despite the emerging technologies, investment in EdTech has been significantly low and still has a massive amount of untapped opportunities for newbies in the industry.

Post-pandemic scenario

The acceptance of online learning through the use of technology will accelerate like never before. EdTech was discovered a long time ago but an accelerating adoption has recently taken place. In the near future, a major transition to online platforms will take place and there will be offline universities providing degrees to students. Technology will pave its way to an increasingly individualized and diversified form of learning. The future is virtual and it’s a perfect time for businesses to invest in this growing industry!

22 thoughts on “COVID-19, Online Learning, and EdTech Startup Growth

  1. Whats up very nice website!! Man .. Beautiful ..
    Wonderful .. I will bookmark your blog and take the feeds
    also? I’m happy to search out numerous helpful
    information here within the publish, we need develop more techniques on this regard, thank you for
    sharing. . . . . .

  2. fantastic post, very informative. I’m wondering why the other experts of this sector don’t understand this.

    You must continue your writing. I am confident, you have a
    great readers’ base already!

  3. The article is really excellent. Every time I read it, I get information again.
    The best article I’ve read in a long time. Thank You…

  4. Greetings! I know this is somewhat off topic but I was wondering if you knew
    where I could locate a captcha plugin for my comment form?
    I’m using the same blog platform as yours and I’m having trouble finding
    one? Thanks a lot.!

  5. Good day! I just wish to give you a huge thumbs up for the
    great information you’ve got right here on this post. I’ll be coming back to
    your web site for more soon.

  6. I would like to show my gratitude for your generosity giving support to individuals that must have assistance with in this idea. Your real dedication to passing the message all around came to be especially powerful and have specifically enabled most people like me to reach their targets. The helpful tutorial denotes a whole lot a person like me and additionally to my office colleagues. Thank you; from everyone of us.

  7. I’m also writing to make you be aware of of the extraordinary experience our princess found visiting your web page. She came to understand so many pieces, which included what it is like to have an incredible giving heart to have other folks smoothly know just exactly certain extremely tough issues. You undoubtedly exceeded readers’ desires. Thanks for coming up with the precious, dependable, revealing and even unique tips about that topic to Ethel.

  8. Thanks for all of your work on this website. My mother loves getting into internet research and it’s really easy to understand why. My spouse and i learn all regarding the powerful form you produce helpful solutions via this web blog and even boost contribution from some others on the area while my princess is now studying a lot of things. Enjoy the remaining portion of the new year. Your carrying out a useful job.

  9. If you are going for best contents like me, simply go to see this site everyday for the reason that it gives feature contents, thanks|

  10. Generally I do not post on blogs, but I would like to say that this post really forced me to do so! really nice post

Leave a Reply

Your email address will not be published.

Back to top