K–12 Ed Tech Investments Dive
The latest “2019 Global Learning Technology Investment Patterns” report from Metaari declared that a “breathtaking $18.66 billion flowed to ed tech companies around the world in 2019” — the “highest in the history” of the industry, “[blasting] past the records set between 2015 and 2017 and far [outpacing] the historic high in 2018.” As Metaari CEO and Chief Researcher Sam Adkins noted, funding for higher ed-specific tech companies increased in 2019 to $740.6 million, 80 percent higher than the $406.8 million given to these companies in 2018. Meanwhile, funding to the Pre-K–12 sector did the opposite, dropping by almost half in 2019. While investments to Pre-K–12 in 2018 reached $1.4 billion, that declined to $855 million in 2019, a reduction of 39 percent.
