7 Ed Tech Business Success Stories [2024]

Updated: November 19th, 2023
Start An Ed Tech Business

Here are some real life success stories of starting a ed tech business:

1. Frontend Mentor ($360K/year)

Matt Studdert, founder of Frontend Mentor, came up with the idea for his business while teaching a front-end web development course. He noticed that his students often struggled to find professional designs and projects to practice their skills and build their portfolios. This led him to create a platform that provides developers with challenges, designs, and optimized assets, ultimately launching Frontend Mentor.

How much they make: $360K/year
How much did it cost to start: $8K
Current team size: 0

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We Built A $180K/Year Learn-To-Code Community

Online learning community Frontend Mentor has over 200,000 members, with over 1,500 paid subscribers generating over $15,000 MRR, offering professionally designed challenges to improve front-end coding skills with a freemium business model and a focus on real-life experience.

About
Matt started Frontend Mentor almost 6 years ago
Revenue
Matt grew the business to $30K/month
Costs
It cost Matt $8000 to start the business
Read by 10,008 founders

So... can you actually make money with a ed tech business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. Shiksha

Get Detailed Information on Top Colleges, Courses & Exams in India. Get alerts about Ranking, Cutoff, Placements, Fees & Admissions of 23,000+ Colleges & Universities. Get Question Papers, Syllabus & Important dates of 500+ exams.

Website traffic: 21.7M/month

5. IE edu

As one of the world's leading higher education institutions, IE shapes leaders with a global vision, humanistic approach, and entrepreneurial spirit.

Website traffic: 1.06M/month

So... can you actually make money with a ed tech business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

7. Penn Foster Career School

Penn Foster offers practical, affordable programs for high school, college, and career school. Your education is here. Learn about our programs today.

Website traffic: 1.46M/month

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