The company was founded in 2011 by Elizabeth Corcoran, a former executive editor of Forbes and a former technology reporter for The Washington Post, by Nick Punt, a former vice president at Inigral, a private social network for higher education, by Matt Bowman, a former Catholic school teacher, and by Agustin Vilaseca.
As of December 2015, the company had raised $5.6 million in funding from investors including GSV Capital, NewSchools Venture Fund, Reach Capital, Catamount Ventures, 1776.vc, the Omidyar Network, the Women's Venture Capital Fund, LearnCapital. and a large number of angels. EdSurge’s initial funding in 2012 was led by The Washington Post Company and NewSchools Venture Fund, along with angel investors including Allen & Company’s Nancy Peretsman and Silicon Valley entrepreneur Judith Estrin.
EdSurge's commentary regularly appears in media outlets such as Fast Company. EdSurge's managing editor, Tony Wan, was named in 2014 to Forbes magazine's "30 Under 30" list, and EdSurge's senior editor, Mary Jo Madda, was named to the 2016 Forbes list, which highlights top achievers under age 30.