The Top Education Software SaaS Companies

As of Jan 2020, these 536 SaaS companies are the largest in the Education Software space. (Click to apply)

This list tracks the largest private B2B Education Software SaaS companies by revenue. In total, this list features 536 companies with combined revenues of $3.8B.

These companies have raised a total of $12.5M. Together, these Education Software saas companies serve 526M customers and employ over 69K on their teams.

$0 - $1M ARR
  1. ShareStream $998.9K
  2. Populi $995.3K
  3. Via-TRM $974.1K
  4. Courseticket $967.2K
$1M - $5M ARR
  1. Goodwall $4.7M
$5M - $10M ARR
  1. Educa $9.9M
  2. Dnevnik $9.6M
  3. Graduway $8.7M
$10M+ ARR
  1. BYJU'S $390.0M
  2. Instructure $258.5M
  3. Ellucian $244.1M
  4. Chenzhi $216.8M
  1. 01
    School Specialty

    School Specialty

    Education Software

    Publisher of K-12 research-based literacy. The company also provides online programs which includes academy of reading, academy of maths, path driver for reading, path driver for math and more.

    $673M

    11K

    1949

    Education Software

  2. 02
    BYJU'S

    BYJU'S

    Education Software

    Provider of an online learning application. The company offers home-based learning programs for students in grades 4-12, as well as for competitive exams such as the CAT, IAS, GRE and GMAT through video lessons by teachers and adaptive testing modules for

    $390M

    $3B

    40M

    21K

    2011

    Education Software

  3. 03
    Instructure

    Instructure

    Education Software

    Instructure is a provider of a cloud-based learning management system. The company offers tools for instructors and students that are designed to integrate drag-and-drop file uploaders, HTML 5 video, automatic speech-to-text conversion applications, as wel

    $259M

    $89M

    30M

    1K

    2008

    Education Software

  4. 04
    Ellucian

    Ellucian

    Education Software

    Provider of software services to universities and colleges. The company provides training, education, enterprise resource planning, strategic planning and project management, website design, professional executive services and cloud based software services

    $244M

    3K

    3K

    1968

    Education Software

  5. 05
    Chenzhi

    Chenzhi

    Education Software

    Chenzhi is an educational service provider.

    $217M

    5K

    2017

    Education Software

  6. 06
    Plataforma de Educação na Internet

    Plataforma de Educação na Internet

    Education Software

    SAS é uma Plataforma de Educação presente em mais de 860 escolas em todo o Brasil. Iniciamos nossa história em 2004 e hoje atendemos milhares de alunos. Este crescimento só tem sido possível graças à nossa Gente. Um time que tem propósito e acredi

    $142M

    605

    2003

    Education Software

  7. 07
    Open English

    Open English

    Education Software

    Operator of an online language school. The company offers Open English, an online English language course that combines live instruction with native English speaking teachers and multi-media learning content.

    $105M

    $125M

    1K

    2007

    Education Software

  8. 08
    Campus-Management

    Campus-Management

    Education Software

    Campus Management provides cloud-based SIS, CRM and ERP solutions and services to more than 1,100 higher ed institutions in over 30 countries.

    $100M

    400K

    675

    1988

    Education Software

  9. 09
    Gengo

    Gengo

    Education Software

    Developer of a global crowd-sourced translation platform intended to help people read and publish across languages in one click. The company's platform facilitates translations and summaries for any post and provides template tags to display language infor

    $76M

    $26M

    1K

    2008

    Education Software

  10. 10
    ExploreLearning

    ExploreLearning

    Education Software

    Provider of an online simulation library designed to improve student learning in math and science. The company' education platform offers modular, interactive math and science simulations (manipulatives) for teachers and students in grades six through twel

    $70M

    208

    1999

    Education Software

1-10 of 536

Next

What are the fastest growing companies doing?

83 of the fastest growing companies that also have the most revenue have a clear expansion revenue strategy. On average, sales reps are selling plans where starting contract value is $4,606.

Those same companies employ 1,678 sales reps that carry a quota. The most common compensation plan used by these companies is a 1:5 ratio of sales rep on target earnings (OTE) to quota. Meaning if a rep can earn $200k in base and commissions, quota target for that year is set at 5x, or $1m in new ARR closed.

If you’re going to build a high growth SaaS company, you need to figure out how to scale with quota carrying sales reps.

Which CEO’s are the most efficient capital allocators?

We can measure this a variety of ways. Which company has the most revenue per employee? What about dollars in revenue compared to dollars raised? What about time, which founder went from $0 to $10m the fastest?

Looking deeper at dollars in revenue compared to dollars raised, bootstrappers take the cake because they self fund (denominator zero). When we look at companies that have raised at least $1m, Actito is the clear winner generating $21m in revenue, growing 100% yoy, on just 1m raised ($.05 dollars raised for every $1 of revenue).

Omnisend comes in a close second with $.08 dollars raised for every dollar of revenue. Doing $19m as of December 2020. Proposify gets honorable mention with $0.46 dollars raised (3.25m) for every dollar of revenue ($7m).

The worst performers here are companies like YayPay with $3.68 dollars raised ($14m) per dollar of revenue ($3.8m). Many of the worst performers just did a round of funding and haven’t had a chance to deploy to drive growth yet. That makes this data less valuable but still illustrative.