emerge education A better education for billions of people Publishing partner China partner HE partner Research partner Schools partner Outcomes Outcomes January 2016 Joins Emerge Education Outcomes July 2016 £750k investment January 2016 Joins Emerge Education Outcomes November 2016 Independent study - showing impact July 2016 £750k investment January 2016 Joins Emerge Education Outcomes Now 10,000 families across the UK November 2016 Independent study - showing impact July 2016 £750k investment January 2016 Joins Emerge Education Efficiency Efficiency August 2016 Joins Emerge Education Efficiency October 2016 £1.5m investment August 2016 Joins Emerge Education Efficiency January 2017 Launch at BETT October 2016 £1.5m investment August 2016 Joins Emerge Education Efficiency Now 85% of all UK schools January 2017 Launch at BETT October 2016 £1.5m investment August 2016 Joins Emerge Education Our impact 45+ 6 million companies learners every month 10% 40% 30% 20% early years higher/further lifelong schools education education learning What types of funding are out there? Revenue Get paid by your customers What types of funding are out there? Revenue Get paid by your customers Debt Guaranteed income but uncertain cash flows What types of funding are out there? Revenue Get paid by your customers Debt Guaranteed income but uncertain cash flows High growth potential with moat and large market, Equity highly ambitious team Typical equity funding path Angel £100-250K Validate problem and solution Typical equity funding path Seed £500K-1M Find product market fit Angel £100-250K Validate problem and solution Typical equity funding path Series A+ £3-5M Grow to £1-2M MRR, predictability Seed £500K-1M Find product market fit Angel £100-250K Validate problem and solution Typical equity funding path Series A+ £3-5M Grow to £1-2M MRR, predictability Late Seed £1-2M Grow to £100-200K MRR, repeatable business Seed £500K-1M Find product market fit Angel £100-250K Validate problem and solution Seed is slowing down Series A+ £3-5M Averages 2015 2016 2017TD Total investment: $217m $205m $100m Late Seed £1-2M Volume US: 203 124 37 Volume EU: 92 78 29 Total US: $151m $132m $48m Seed £500K-1M Total EU: $43m $45m $34m Crunchbase data Angel £100-250K Edtech investors - Seed 500 Startups Fresco Capital Start-Up Chile SOSV Wayra Startupbootcamp Imagine K12 University Ventures Y Combinator Eleven Emerge Education SV Angel Learn Capital Northstar Ventures Techstars Right Side Capital Management Kapor Capital Bethnal Green Ventures Dreamit Founder Collective NewSchools Venture Fund FundersClub LearnLaunchX Ulu Ventures co.lab LocalGlobe Reach Capital Seedcamp in Europe Edtech investors - Seed 500 Startups Fresco Capital Start-Up Chile SOSV Wayra Startupbootcamp Imagine K12 University Ventures Y Combinator Eleven Emerge Education SV Angel Learn Capital Northstar Ventures Techstars Right Side Capital Management Kapor Capital Bethnal Green Ventures Dreamit Founder Collective NewSchools Venture Fund FundersClub LearnLaunchX Ulu Ventures co.lab LocalGlobe Reach Capital Seedcamp Venture is becoming more selective, too Series A+ £3-5M Averages 2015 2016 2017TD Total investment: $2.6b $2.1b $1.5b Late Seed £1-2M Volume US: 150 104 69 Volume EU: 44 46 32 Total US: $1.9b $1.1b $1b Seed £500K-1M Total EU: $153m $157m $148m Crunchbase data Angel £100-250K Edtech investors - Series A+ Rethink Education Union Square Ventures IDG Capital Partners Sequoia Capital First Round Capital Norwest Venture Partners - NVP GSV Acceleration Bessemer Venture Partners University Ventures Accel Partners Reach Capital Greylock Partners Learn Capital Spark Capital TAL Education Group Kapor Capital Index Ventures SoftTech VC New Enterprise Associates Intel Capital Redpoint Felicis Ventures Benchmark FirstMark Social Capital Insight Venture Partners SV Angel 500 Startups Omidyar Network GV GSV Capital Owl Ventures, LP Lightbank ff Venture Capital HV Holtzbrinck Ventures IBB Beteiligungsgesellschaft Kleiner Perkins Caufield & Byers New Markets Venture Partners Chan Zuckerberg Initiative Novak Biddle Venture Partners Silicon Valley Bank in Europe Edtech investors - Series A+ Rethink Education Union Square Ventures IDG Capital Partners Sequoia Capital First Round Capital Norwest Venture Partners - NVP GSV Acceleration Bessemer Venture Partners University Ventures Accel Partners Reach Capital Greylock Partners Learn Capital Spark Capital TAL Education Group Kapor Capital Index Ventures SoftTech VC New Enterprise Associates Intel Capital Redpoint Felicis Ventures Benchmark FirstMark Social Capital Insight Venture Partners SV Angel 500 Startups Omidyar Network GV GSV Capital Owl Ventures, LP Lightbank ff Venture Capital HV Holtzbrinck Ventures IBB Beteiligungsgesellschaft Kleiner Perkins Caufield & Byers New Markets Venture Partners Chan Zuckerberg Initiative Novak Biddle Venture Partners Silicon Valley Bank So, how do you raise? Angel Series A+ £3-5M Late Seed £1-2M Seed £500K-1M Angel £100-250K So, how do you raise? Angel Ambitious Founders Series A+ £3-5M Great idea: big market with potential for a moat Late Seed £1-2M Seed £500K-1M Angel £100-250K So, how do you raise? Seed Ambitious Founders Series A+ £3-5M Great idea: big market with potential for a moat Late Seed £1-2M A product that works: outcomes or efficiency Seed £500K-1M Angel £100-250K So, how do you raise? Late Seed Ambitious Founders Series A+ £3-5M Great idea: big market with potential for a moat Late Seed £1-2M A product that works: outcomes or efficiency Seed £500K-1M Product market fit Angel £100-250K So, how do you raise? Series A Ambitious Founders Series A+ £3-5M Great idea: big market with potential for a moat Late Seed £1-2M A product that works: outcomes or efficiency Seed £500K-1M Product market fit Predictability Angel £100-250K Build something that creates real value emerge education Get in touch [email protected].