Dan Bauer was the Founder and CEO of The MBA Exchange, the world's leading marketplace for MBA admissions coaching. He has created and delivered high-impact, strategic marketing initiatives in both the corporate and consulting spaces over the past 50 years. His impact spans 70+ companies a...read more
Available on October 11
Anada Lakra is the co-founder and CEO of BoldVoice, a Y Combinator-backed startup that provides accent training to non-native English speakers. Anada previously worked as a strategy consultant at McKinsey & Co. and as a product manager at Peloton. She graduated with honors from Harvard Bus...read more
Available tomorrow
Ilya Usorov is the co-founder and CTO of BoldVoice, a Y Combinator-backed startup that provides accent training to non-native English speakers. He has eight years of software development experience, specializing in React Native mobile apps for iOS and Android, as well as practical knowledg...read more
Available next Monday
Rune Hauge is the co-founder and CEO of Mentorcam (YC S21), angel investor, and startup advisor. Before co-founding Mentorcam, Rune founded three different startups with one successful exit as a founder. He has raised millions of dollars in venture capital from top-tier Silicon Valley VCs ...read more
Available next Tuesday
Education technology (edtech) mentors play a pivotal role in guiding and supporting startup founders in the edtech industry, combining experience-based expertise in education and technology to provide advice to edtech founders. Edtech mentors typically come from backgrounds as founders of or investors in edtech companies of their own.
An edtech startup is a company that leverages technology for the purpose of improving education. Edtech companies often provide technology solutions for traditional schools and universities (such as software for online classes), but they also create tools for professional training and development (such as paid courses for continuing education).
Most edtech startups develop specialized solutions such as online learning platforms and edtech software to enhance learning experiences and meet evolving needs in the education industry. Some of the most notable edtech examples include edtech platforms like Udemy, Coursera, and Khan Academy, all of which grew from small startups into hugely influential players in the edtech space.
The edtech industry is currently experiencing remarkable growth and its future looks very promising. According to a market analysis by Grand View Research, the global edtech market is projected to reach upwards of $348 billion in value by 2030, with a projected CAGR (compound annual growth rate) of 13.6% from 2023 to 2030. This explosive growth is fueled by unprecedented demand for online education capabilities.
Much of this rising demand for online learning tools is due to the need for better online skills training for employees. In a report by McKinsey, edtech is named as a crucial enabler for organizations that seek to provide employees with continuous learning opportunities. Appropriate and effective tools for ongoing learning are essential for keeping employees’ critical skills up to date.
Edtech mentors can offer invaluable guidance to aspiring edtech entrepreneurs. Here are some of the key areas where an edtech advisor can support your startup journey:
Starting an education company is not easy. Early-stage edtech startups face many challenges, but with guidance from an experienced edtech mentor, aspiring entrepreneurs can learn how to start an edtech company with relative ease. Mentorcam’s edtech mentors can offer tailored feedback and support to help you fine-tune your edtech startup ideas and increase your chances of success.
Related areas of interest: Marketing, Fundraising, Product Development