The field of education technology (edtech) has emerged as a complex, multimillion-dollar industry, with various hubs in the USA leading the boom. This exploratory article uses a networks perspective to reveal the power dynamics of investor firms in edtech. The analysis examines the current top venture capitalists and their edtech companies, based on primary funding relationships. The article begins with an explanation of how edtech emerged, an overview of the K-12 environment, and an analysis as to why edtech companies have become vital players in the education sector in the USA. This study highlights the most influential actors in the edtech political economy and their structures and interactions, and concludes with recommendations for future research. The investigation has involved examining the top investors and companies closely, alongside the political and economic motivations behind their investments.