Episode 09 · The Interrogators

27 August 2026

Ed Tranham

Founder, The Assignment Report

“EdTech companies raise money, promise to revolutionise education, and quietly disappear. Ed Tranham has been tracking where the money actually goes for over twenty years.”

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Ed Tranham is founder and editor of The Assignment Report, the UK’s leading source of M&A intelligence, funding data, and market analysis for the EdTech sector. His 2025 Company of the Year was IMP Software — bootstrapped, 55% market share, £14 million revenue, 40% growth, 120% net revenue retention. They sell finance and procurement software. Nothing revolutionary. Everything essential.

In This Episode

• What twenty years of M&A data reveals about which EdTech companies actually last
• Why venture capital flows to the wrong companies — and what it costs the schools buying from them
• The IMP Software case study: what an ‘unsexy’ bootstrapped company with dominant market share teaches the sector
• Whether EdTech acquisitions are driven by educational outcomes or purely financial metrics