Edtech in the Community of Madrid
The Community of Madrid is a key hub for the Edtech sector in Spain and Europe,
thanks to its robust educational ecosystem, strategic location and multiple actors
and events that facilitate access to innovations and qualified talent.
Also interested in other INDUSTRIES?
A preferred place for international Edtech companies
Madrid stands out for its competitive positioning in the application of digital technologies to improve teaching and learning processes.
The Edtech market moves more than 500 million euros per year only in Spain. In the Community of Madrid leading companies boost innovation and the provision of Edtech services, such as PRISA or Miriadax, the latter in the top 10 worldwide of the best companies in the Digital Education market.
In addition, the strategic location of Madrid makes it the fourth European hub in number of offices opened by international Tech Companies after London, Berlin and Amsterdam, allowing it to get in touch with the best partners for expansion to other countries.
Its companies include the growing use of artificial intelligence, big data and virtual reality to personalize educational experiences and improve efficiency, and collaborations on international projects.
The public sector promotes digital transformation projects in education at the national level and policies for the adoption of technology in education. More than 85% of public schools in Madrid have adopted digital tools.
Private Organizations and Foundations such as Fundación Profuturo or Fundación Santillana, work on objectives such as bringing digital education to vulnerable communities or overcoming educational inequalities.
Talent concentration
The Community of Madrid has the largest number of students in Spain and one of the largest concentrations in Europe, with an educational network of international prestige and one of the largest number of Top-Ranked Universities and business schools at European level like IE, ESIC or CEF.
Among the wide range of training offered in the field of Edtech, universities like the Technical University of Madrid, Complutense University, Camilo Jose Cela University or Alfonso X University lead in technological and educational training, including research in educational innovation and technology.
Acceleration programs such as SEK Lab Edtech Accelerator offer mentoring programs, master classes, beta testing, access to investors and collaboration with educational institutions.
A consolidated startup ecosystem
Madrid is home to 278 Edtech Companies founded in recent years, the largest number at the National level, second at the European level in valuation after London and sixth in Funding Raised and in number of employees including Paris and Amsterdam or Berlin in the lists.
Odilo, StudentFinance, Lingokids, Bcas, Ucademy and Ironhack are some of the prominent Tech Companies that have closed significant investment rounds in recent years.
Edtech Startups in Madrid
Valuation
€2.5b (2nd of European Hubs)
Some prominent Edtech Agents in Madrid
Main Edtech Events in Madrid
SIMO Educación International Exhibition of Educational Technology and Innovation
AULA International Student and Educational Offer Fair
Fisioexpo. Technologies related to physiotherapy
Definition and expected evolution of Edtech
The term "Edtech" ("Educational Technology") refers to the application of digital technologies to improve teaching and learning processes. This sector ranges from online learning platforms and educational management software, to virtual reality solutions for immersive experiences. According to GlobalData, the volume of the market for technologies applied to the education sector will grow by 130% in the next eight years.
Some trends in the sector are:
Personalized learning: Artificial intelligence tools are making it possible to adapt educational content to the individual needs of students.
Gamification: Platforms have been developed that use game mechanics to make learning more engaging and effective.
Hybrid environments: Madrid is leading the implementation of teaching formats that combine face-to-face and digital learning, maximizing accessibility.
Tech combining learning and productivity: AI reduces productivity/learning tradeoff & increases access to tech economy
In Spain, the Edtech market moves more than 500 million euros per year, and a growth of 15% per year is expected until 2030.
Links and references
