EdTech company Headway has been included in the list of European startups that are the most promising in the field of digital education — The Europe EdTech 200 by the international analytical company HolonIQ.
The Europe EdTech 200 is an annual list of the two hundred youngest, fastest-growing, and most innovative European companies in digital education. Its goal is to attract investor attention to startups and showcase promising European companies in the EdTech market.
"I am glad to see Headway in this year's list of The Europe EdTech 200. This once again proves how valuable the technologies we develop are to the world," comments Anton Pavlovsky, CEO and founder of Headway.
The list is compiled based on data from the Impact Intelligence Platform, as well as qualitative assessments from the HolonIQ Intelligence Unit and experts in the market based on five parameters:
Market — quality and relative attractiveness of the specific market category in which the company competes.
Product — quality, uniqueness, and its impact.
Team — experience and diversity of leaders.
Capital — the financial condition of the company and its ability to provide sufficient funding.
Dynamics — positive changes in the company's size, speed, and impact over time.
The list includes 10 categories: Content, Management systems, Advanced Technology, Tutoring and Test prep, and more. Headway is listed in the "Online Learning" category along with companies such as EdFlex, OpenClassrooms, and Pebble.