Girişimci Kafası archive

Education

Education: the closure stories and lessons of 11 startups.

Startups1,744
Known capital burned$78.6 billion
Average lifespan10.4 years
Most common causeRan out of cash
Countries81
Biggest lossNorthvolt ($14 billion)
Former unicorns97 ($401.4 billion)

11 startups

In bankruptcy2011 – 2024

Byju's

It began with one teacher's classes, reached USD 22 billion and has been in Indian insolvency since 2024

UnicornIndiaRan out of cash
Closed2007 – 2024

OneSmart International Education

China's premium tutoring chain shut its doors almost overnight after the 2021 crackdown

UnicornChina$179.3 millionRegulation and legal issues
Closed2008 – 2022

Edmodo

The social network-style learning platform for teachers and students

United StatesAcquired and shut down
Closed2010 – 2018

Yogome

The start-up that claimed millions of users for its educational games, then closed amid allegations of miscond

Mexico$36.5 millionTeam problems
Closed2006 – 2016

Rafter

The edtech start-up that raised $86 million promising to fold textbooks into tuition fees

United States$86 millionRan out of cash
Closed2013 – 2014

Tablet Seminerler

A short-course platform that sold expert seminars online and delivered them in person

TurkeyTeam problems
Closed2009 – 2013

Kno

The start-up that set out to build a dual-screen tablet for students and ended up in digital textbooks

United States$73.4 millionAcquired and shut down
Closed2010 – 2013

Tutorspree

The would-be Airbnb of tutoring that closed after becoming dependent on Google traffic

United States$1.8 millionBusiness model failed
Closed2002 – 2022

Turning Technologies

American education technology company

United States
Closed2005 – 2017

Trump University

For-profit US education company

United States
Closed2007 – 2012

Teachstreet

Website that provided information on classes for students

United States

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This section is compiled from public sources (Wikidata, news archives and company announcements). Figures are given as they appear in those sources; unknown fields are left blank. If you spot a mistake in an entry, you can send us a correction.