---
title: "How to Find Investors for an Edtech Startup: By Stage and State"
author: "Muhammad Tayyab Shabbir"
last_updated: "2026-11-10"
data_as_of: "November 2026"
publisher: "The Investor Database"
canonical: "https://theinvestordatabase.com/guides/how-to-find-investors-for-an-edtech-startup/"
---

# How to Find Investors for an Edtech Startup: Stage Mix, States and Fund Sizes

By Muhammad Tayyab Shabbir. Last updated 10 Nov 2026. Data as of November 2026.

To find investors for an edtech startup, start from our list of [153 edtech investors](https://theinvestordatabase.com/lists/edtech-investors/) and narrow it by stage, place and fund size. Seed is the stage they name most (110 of the 141 with a stage on file), ahead of pre-seed. 56% are in the US, where California leads with 27. The median fund on file from SEC Form D is $57M, level with the $50M for every investor we hold with such a figure.

- **153** edtech investors on the list
- **78%** of the 141 with a stage on file name seed
- **33%** of the US ones with a state on file are in California
- **$57M** median fund size on file (SEC Form D, 61 firms)

By type, the 153 are 121 VC firms, 14 angel networks, 5 fund managers, 3 corporate venture arms, 3 government or university funds and 3 single family offices, with 4 of other types. The tags these investors most often carry beside edtech are SaaS and B2B software (95), healthtech and digital health (92) and AI (90).

## What do edtech investors look for?

In education the person who uses the product, the person who chooses it and the person who pays are often three different people. A pitch reads well when it names each of them and shows the product working for all three: learners use it, teachers or managers keep it, and a budget holder renews it.

- **Who signs the contract, and from which budget?** A school district, a university department, an employer and a parent each buy on a different calendar.
- **How often do learners come back in a normal week?** Regular use, not sign-ups, is what points to a renewal.
- **What evidence is there that it works?** An outcome study run by someone outside the company carries weight with buyers and with investors.

## Which stage do edtech investors back?

Among the 141 of the 153 with a stage on file (a firm can state several), seed comes first with 110 (78%), then pre-seed (64), Series A (58), growth (29) and Series B (15). Set against every investor we hold, the group leans toward Series A (41% here, 34% overall) and away from growth (21% here, 28% overall). With about four fifths naming seed, a seed round has the widest field on this list.

| Stage (our research) | Edtech investors | Share of the 141 with a stage on file | Share of all 153 on the list | Same share, all investors with a stage | Difference in points |
|---|---|---|---|---|---|
| [Pre-seed edtech investors](https://theinvestordatabase.com/lists/pre-seed-edtech-investors/) | 64 | 45% | 42% | 39% | +6 |
| [Seed edtech investors](https://theinvestordatabase.com/lists/seed-edtech-investors/) | 110 | 78% | 72% | 75% | +3 |
| [Series A edtech investors](https://theinvestordatabase.com/lists/series-a-edtech-investors/) | 58 | 41% | 38% | 34% | +7 |
| [Series B edtech investors](https://theinvestordatabase.com/lists/series-b-edtech-investors/) | 15 | 11% | 10% | 14% | -3 |
| [Growth-stage edtech investors](https://theinvestordatabase.com/lists/growth-edtech-investors/) | 29 | 21% | 19% | 28% | -7 |

## Where are edtech investors based?

56% of the list is American: 85 of the 153 are in the US, 33 in the UK and 35 in the rest of Europe. Among the 83 US investors with a state on file, California holds about a third (27), less than its 36% share of all US investors we hold. New York is a distant second with 12, then Washington (5) and Texas (5). Pennsylvania stands out: it holds 6% of this group and 1% of all US investors.

| State | Edtech investors | Share of the 83 with a state on file | Share of all US investors | Difference in points |
|---|---|---|---|---|
| [California](https://theinvestordatabase.com/lists/edtech-investors-in-california/) | 27 | 33% | 36% | -3 |
| New York | 12 | 14% | 15% | -1 |
| Washington | 5 | 6% | 2% | +4 |
| Texas | 5 | 6% | 6% | 0 |
| Pennsylvania | 5 | 6% | 1% | +5 |
| Florida | 4 | 5% | 6% | -1 |
| Illinois | 3 | 4% | 3% | +1 |
| Colorado | 3 | 4% | 2% | +2 |

By city, counting the head offices of every type of investor, the largest groups are San Francisco (13), New York (6), Seattle (4) and Palo Alto (4).

| City | State | Edtech investors | Share of the 85 in the US |
|---|---|---|---|
| San Francisco | CA | 13 | 15% |
| New York | NY | 6 | 7% |
| Seattle | WA | 4 | 5% |
| Palo Alto | CA | 4 | 5% |
| Austin | TX | 4 | 5% |
| Brooklyn | NY | 3 | 4% |
| Los Angeles | CA | 3 | 4% |

Metro area lists for this sector, each with its own row count: [Edtech investors in the San Francisco Bay Area](https://theinvestordatabase.com/lists/edtech-investors-in-san-francisco-bay-area/) (22).

The same investors as lists by region: [Edtech venture capital firms in the US](https://theinvestordatabase.com/lists/edtech-investors-us/) (83), [Edtech investors in the UK](https://theinvestordatabase.com/lists/edtech-investors-uk/) (33), [Edtech investors in Europe](https://theinvestordatabase.com/lists/edtech-investors-europe/) (35).

## How big are edtech funds?

Across the 61 of the 153 edtech investors with a fund size from SEC Form D on file, the median is $57M, level with the $50M for every investor we hold with such a figure. About a fifth of these funds are under $25M and 44% are $100M or more. The figure is the fund as filed, not a check size, and a firm's main fund on our record, which is not always its newest; for 9 of the 61 the offering amount is indefinite, so it is the amount sold so far.

| Fund size on file (SEC Form D) | Edtech investors | Share | Share, all investors with a figure |
|---|---|---|---|
| Under $10M | 6 | 10% | 15% |
| $10M to $25M | 7 | 11% | 18% |
| $25M to $50M | 8 | 13% | 15% |
| $50M to $100M | 13 | 21% | 19% |
| $100M to $250M | 15 | 25% | 19% |
| $250M to $1B | 12 | 20% | 12% |
| $1B and over | 0 | 0% | 1% |

## Which edtech investors can you look at first?

Education investors split by who the customer is: schools, universities, employers or families. A fund that backs workforce training may pass on a product for primary schools however good it is. Read the portfolio for your own buyer before you read anything else.

The 4 firms below are among the free rows of our list of [edtech venture capital firms in the US](https://theinvestordatabase.com/lists/edtech-investors-us/) (83): each names the sector in its own description, and they stand in that list's order, by our activity score, which is no measure of quality.

### Kalos Ventures

HQ: Brooklyn, New York · Type: VC firm · Stages (our research): Seed, Series A · Latest activity: New deal, Aug 2026 (our research) · Fund size on file: $75M (SEC Form D, 2024)

Thesis-driven early-stage fund that leads investments at Seed+ or Series A in technology companies working on workforce, care and education. Targets at least 15 investments in the fund. Based in Brooklyn, NY.

Profile: https://theinvestordatabase.com/investors/kalos-ventures/

### Zeal Capital Partners

HQ: Washington, District of Columbia · Type: VC firm · Stages (our research): Pre-seed, Seed · Latest activity: New deal, Aug 2026 (our research) · Fund size on file: $120M (SEC Form D, 2023)

Washington, DC venture firm investing in early-stage founders in fintech, healthcare and the future of learning and work, with seed investments and a pre-seed program run with Barclays.

Profile: https://theinvestordatabase.com/investors/zeal-capital-partners/

### Owl Ventures

HQ: San Francisco, California · Type: VC firm · Stages (our research): Pre-seed, Seed, Series A, Series B, Growth · Latest activity: New deal, Dec 2024 (our research) · Fund size on file: $642M (SEC Form D, 2021)

San Francisco venture firm focused on education and workforce technology, with $2.2B+ committed across seven funds and investments from pre-seed to pre-IPO.

Profile: https://theinvestordatabase.com/investors/owl-ventures/

### Chingona Ventures

HQ: Chicago, Illinois · Type: VC firm · Stages (our research): Pre-seed · Latest activity: Form D filing, Jun 2026 · Fund size on file: $53M (SEC Form D, 2021)

Primarily pre-seed investor writing initial checks of $250k to $2MM in fintech, future of work, future of learning and health technology. Based in Chicago, IL.

Profile: https://theinvestordatabase.com/investors/chingona-ventures/

## Which US edtech investors filed with the SEC most recently?

32 of the 85 US edtech investors (38%) have a Form D filing dated in the 12 months to 6 Nov 2026, a first notice or the yearly amendment of an older fund, in line with the 38% for all US investors we hold. Our file of new fund notices for the 8 weeks to 6 Nov 2026 holds 4 from 3 of these investors: [Bewater](https://theinvestordatabase.com/investors/bewater/), [SJF Ventures](https://theinvestordatabase.com/investors/sjf-ventures/) and [Quartus](https://theinvestordatabase.com/investors/quartus/).

**US investors tagged edtech with a public profile, newest filing first, new notices and amendments alike; the amount is the one on that filing, which can be a side vehicle or an amount sold so far, and the 8-week file holds new notices only.**

| Investor | Location | Stages (our research) | Latest Form D filing | Amount on that filing |
|---|---|---|---|---|
| [GrayHair Venture Partners](https://theinvestordatabase.com/investors/grayhair-venture-partners/) | Ridgewood, New Jersey | Seed | 4 Nov 2026 | $20M |
| [SJF Ventures](https://theinvestordatabase.com/investors/sjf-ventures/) | Durham, North Carolina | Not stated | 28 Oct 2026 | $2M |
| [Capria India](https://theinvestordatabase.com/investors/capria-india/) | Seattle, Washington | Growth | 13 Oct 2026 | $50M |
| [Emergence Capital](https://theinvestordatabase.com/investors/emergence-capital/) | San Francisco, California | Seed | 9 Oct 2026 | Not stated |
| [Bewater](https://theinvestordatabase.com/investors/bewater/) | Winnetka, Illinois | Not stated | 5 Oct 2026 | $150M |
| [Quartus](https://theinvestordatabase.com/investors/quartus/) | New York, New York | Growth | 11 Sep 2026 | $150M |
| [1517 Fund](https://theinvestordatabase.com/investors/1517-fund/) | Telluride, Colorado | Pre-seed | 3 Sep 2026 | $43M |
| [OpenAI Startup Fund](https://theinvestordatabase.com/investors/openai-startup-fund/) | San Francisco, California | Seed | 26 Aug 2026 | $400M |

## What should an edtech founder have ready before the first email?

In education the buyer and the user are often different people, so say who pays in the first line.

- Who pays (school, district, employer, parent or learner) and how long a sale takes from first call to signed contract.
- The renewal rate, and usage per seat or per learner in a normal week.
- Any evidence of learning outcomes, with the name of whoever measured it.

### Words edtech investors use

- **Seat:** One licensed user. School and employer contracts are often priced per seat per year.
- **Procurement cycle:** The calendar a school system or university follows to approve and buy a product.
- **Efficacy:** Evidence that learners who use the product do measurably better.
- **Paid pilot:** A short trial with one school or team that is charged for and meant to lead to a full contract.

**A common slip.** Counting free pilots as customers. Say how many pilots turned into paid contracts, and how long that took.

## How do you reach edtech investors?

95% of the list has a named decision-maker on file (145 of 153, 699 names in all), above the 84% across the whole database. 43% have a firm email address (66), and 64 publish how they want to be pitched, such as a form or an application page.

Use a pitch route where a firm publishes one, and otherwise write to one named person at a time, starting from the free [outreach email templates](https://theinvestordatabase.com/guides/investor-outreach-email-templates/); the full list is [Edtech investors](https://theinvestordatabase.com/lists/edtech-investors/), all 153 investors, one per row, the first 25 free to read, and the [matching tool](https://theinvestordatabase.com/investor-matching-tool/#s=edtech) opens with edtech already picked.

**Get all 153 investors and 699 named contacts, $49:** https://theinvestordatabase.com/buy/list/edtech-investors. One-time payment. No subscription. No account. Or get the [free sample file](https://theinvestordatabase.com/#sample) (100 investors) first.

## Method and limits

- **Source:** SEC Form D for filing dates and fund sizes; our own research (each firm's website, UK and EU registers) for stage, the sector tag and dated deals.
- **Counts:** The 153 rows of the list this page links to, as of November 2026, set against all 4,178 investors we hold (3,019 in the US); a gap under 3 points is treated as none, and a rank compares the sectors that have a list on this site and at least 30 rows for the measure (10 for a median fund size).
- **Limits:** 1,302 US firms have no sector on file, so the true number of edtech investors is higher; 141 of the 153 here have a stage on file and 61 a fund size from SEC Form D; what investors look for, which ones to keep, the words they use and what to have ready are our advice for this sector, not data about any one investor.

## Questions

### How do I find investors for an edtech startup?

Start from the list of 153 edtech investors, then filter by stage (110 of the 141 with a stage on file name seed), by place (33% of the US ones with a state on file are in California) and by fund size (the median fund on file is $57M).

### What do edtech investors ask founders?

Who signs the contract, and from which budget? How often do learners come back in a normal week? What evidence is there that it works?

### How big are edtech funds?

The median fund on file is $57M across the 61 edtech investors with a figure from SEC Form D, level with the $50M for every investor we hold with such a figure.

### Can I contact edtech investors directly?

145 of the 153 have a named decision-maker on file and 66 a firm email address; 64 publish a pitch route, and where one exists it is the way in they ask for.

## Guides for other sectors

- [How to find consumer products and CPG investors](https://theinvestordatabase.com/guides/how-to-find-investors-for-a-cpg-startup/)
- [How to find consumer investors](https://theinvestordatabase.com/guides/how-to-find-investors-for-a-consumer-startup/)
- [How to find ecommerce investors](https://theinvestordatabase.com/guides/how-to-find-investors-for-an-ecommerce-startup/)
- [How to find proptech and real estate tech investors](https://theinvestordatabase.com/guides/how-to-find-investors-for-a-proptech-startup/)
- [How to find climate tech investors](https://theinvestordatabase.com/guides/how-to-find-investors-for-a-climate-tech-startup/)
- [How to find deep tech investors](https://theinvestordatabase.com/guides/how-to-find-investors-for-a-deep-tech-startup/)
- [How to find hardware investors](https://theinvestordatabase.com/guides/how-to-find-investors-for-a-hardware-startup/)
- [How to find impact investors](https://theinvestordatabase.com/guides/how-to-find-investors-for-an-impact-startup/)
- [How to find food and beverage investors](https://theinvestordatabase.com/guides/how-to-find-investors-for-a-food-and-beverage-startup/)
- [How to find SaaS and B2B software investors](https://theinvestordatabase.com/guides/how-to-find-investors-for-a-saas-startup/)
- [How to find fintech investors](https://theinvestordatabase.com/guides/how-to-find-investors-for-a-fintech-startup/)
- [How to find AI investors](https://theinvestordatabase.com/guides/how-to-find-investors-for-an-ai-startup/)
- [How to find healthtech and digital health investors](https://theinvestordatabase.com/guides/how-to-find-investors-for-a-healthtech-startup/)
- [How to find cybersecurity investors](https://theinvestordatabase.com/guides/how-to-find-investors-for-a-cybersecurity-startup/)
- [How to find gaming investors](https://theinvestordatabase.com/guides/how-to-find-investors-for-a-gaming-startup/)

## Related

- [Edtech investors (153)](https://theinvestordatabase.com/lists/edtech-investors/)
- [Edtech venture capital firms in the US (83)](https://theinvestordatabase.com/lists/edtech-investors-us/)
- [Edtech investors in the UK (33)](https://theinvestordatabase.com/lists/edtech-investors-uk/)
- [Edtech investors in Europe (35)](https://theinvestordatabase.com/lists/edtech-investors-europe/)
- [Seed edtech investors (110)](https://theinvestordatabase.com/lists/seed-edtech-investors/)
- [Pre-seed edtech investors (64)](https://theinvestordatabase.com/lists/pre-seed-edtech-investors/)
- [Edtech investors in California (27)](https://theinvestordatabase.com/lists/edtech-investors-in-california/)
- [Match edtech investors to your round](https://theinvestordatabase.com/investor-matching-tool/#s=edtech)
- [How to build an investor list](https://theinvestordatabase.com/guides/how-to-build-an-investor-list/)
- [Investor outreach email templates](https://theinvestordatabase.com/guides/investor-outreach-email-templates/)
- [How many investors to pitch](https://theinvestordatabase.com/guides/how-many-investors-should-you-pitch/)
- [Investor databases compared](https://theinvestordatabase.com/compare/)
- [What is in the investor database](https://theinvestordatabase.com/investor-database/)

## Cite this page

Muhammad Tayyab Shabbir, "How to Find Investors for an Edtech Startup: Stage Mix, States and Fund Sizes", The Investor Database, 10 Nov 2026. https://theinvestordatabase.com/guides/how-to-find-investors-for-an-edtech-startup/