TIME and Statista’s Methodology for Identifying 2025’s Leading EdTech Firms

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TIME, in collaboration with Statista, a global leader in market and consumer data and rankings, is presenting the for the second time. This quantitative study identifies 350 companies worldwide that are focused on creating and delivering educational technologies, including both products and services. Here’s a look at the methodology used to select the winners.

Methodology

The “” research project provides a detailed analysis to pinpoint the leading EdTech companies globally. To be considered, companies must primarily be involved in the development and provision of educational technologies, products, or services. The 350 companies achieving the highest scores were recognized as “World’s Top EdTech Companies 2025.”

The ranking is based on two key elements: financial strength and industry impact. Statista collected and examined data from over 7,000 companies using desk research, online applications, and partnerships with data and market intelligence firms. Each company received scores in both areas, which were combined to produce an overall score.

To assess financial strength, Statista analyzed revenue, employee numbers, and funding data from publicly accessible sources such as annual reports, company websites, media monitoring, and databases. Information submitted by companies through an online application form on the TIME website was also taken into account.

To evaluate industry impact, Statista worked with HolonIQ and LexisNexis® Intellectual Property Solutions to assess companies across various impact dimensions, including:

  • the quality and impact of their product/service offerings
  • the quantity and value of the company’s intellectual property portfolio

Statista also researched various web traffic metrics to gauge the relevance of the products and services to their intended audiences.

The evaluation process began with an assessment of all relevant companies in the global EdTech sector demonstrating above-average financial performance within their geographic region. The selection was then narrowed to include only companies that not only excelled financially but also made a significant industry impact in their respective categories. This selection process enabled the creation of the final ranking of the World’s Top EdTech Companies 2025. After data collection and evaluation, the information was compiled and weighted within a scoring model. The final score was calculated as follows: 70% financial strength score + 30% impact score. The companies with the highest overall scores were named “World’s Top EdTech Companies 2025” by TIME and Statista.

In addition to the list of 350 top EdTech companies, Statista and TIME are publishing a “Rising Stars Ranking,” highlighting companies with the highest revenue growth rates over the past three years, based on data submitted through the online application process.

Applied criteria:

  • company age 10 years and younger
  • minimum revenue of $1 million USD in 2022
  • revenue growth rate exceeding 20% over the past three years

Disclaimer
The selection of companies and the definition of evaluation criteria were based on the independent journalistic standards of TIME and Statista. Statista, a statistics and market research firm, conducted the evaluation. TIME and Statista do not claim to have examined all companies in existence.

The ranking includes only companies that meet the outlined criteria. A position in the ranking signifies positive recognition based on research of publicly available data at the time of the assessment and information gathered through an application process and from collaboration partners.

Furthermore, events occurring after March 14, 2025, were not considered in the analysis. Therefore, the results of this list should not be used as the sole source of information for making future decisions. Instead, the information provided through this ranking should be considered alongside other available information about the company.

The quality of companies not included in the ranking is not being disputed.

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