Economic Research & Analysis

EdTech in New York City

In the last decade, the market for Education Technology (EdTech) has exploded. Startups have blossomed, textbook publishers have pivoted to adopt new technologies, and new models for online learning and collaboration have taken root. 

With its robust education ecosystem—home to 551 colleges and universities and the largest public school system in the country2—and its emergence as a technology center, New York City is uniquely positioned as an EdTech hub. The city’s schools are serving as pilot institutions for new technologies. And as the city has grown into a hub for tech companies, access to venture capital for EdTech firms has skyrocketed.