For investors looking to add some Canadian ed tech content to their portfolios, you might want to check out Docebo (Docebo Stock Quote, Charts, News, Analysts, Financials TSX:DCBO) and Thinkific Labs (Thinkific Labs Stock Quote, Charts, News, Analysts, Financials (TSX:THNC), both of which have received recent Buy ratings from analysts. In pre-COVID times, educational tech and online learning had already become a force to be reckoned with, but add in a pandemic scenario which kept workers and students at home and on their laptops and you have the makings of a worldwide boom in e-learning.\u00a0 The global market in e-learning is expected to hit $350 billion by 2025 as companies and educational institutions look to up their digital game. Industry bellwether Chegg (Chegg Stock Quote, Charts, News, Analysts, Financials NYSE:CHGG) has been growing by leaps and bounds, closing out 2020 with revenue up 57 per cent compared to 2019 and hitting $644.3 million. (All figures in US dollars except where noted otherwise.) The company, which has student educational aid services like Chegg Study and Chegg Writing along with its e-textbook business, said 2021 will end up even better, with revenue projected at between $805 and $815 million with adjusted EBITDA coming in between $295 million and $300 million. \u201cThe transition to online and hybrid learning is inevitable and with the accelerated trends that we are seeing we have the confidence to raise our guidance for 2021,\u201d said CEO Dan Rosensweig in a February press release. Those who invested in Chegg early in the pandemic did well, with the stock doubling by summer of 2020, but CHGG hasn\u2019t gained much ground since. For continued growth, you could instead look at Canadian cloud-based learning platform Docebo, which went from about C$17 in early February 2020 to as high as C$82 by the end of the year. And the stock hasn\u2019t looked back, either, boasting a current year-to-date return of 30 per cent to reach a new high this week of C$106. But there should be more where that came from, according to Eight Capital analyst Christian Sgro, who delivered a report to clients on Docebo on August 13. There, Sgro commented on Docebo\u2019s latest quarter, which saw the company \u2014 which provides learning management systems for mid-sized to large enterprise clients \u2014 beat estimates with revenue of $25.6 million (up 76 per cent year-over-year) compared to Sgro\u2019s call for $22.8 million and the consensus forecast of $23.1 million.\u00a0 \u201cDocebo is executing on plan, with focused innovation and product leadership driving penetration of a large and expanding TAM globally,\u201d Sgro wrote in his report.\u00a0 \u201cThere is little customer concentration, deal sizes are steadily increasing, and we view the growing OEM channel strategy as augmenting this ramp. We are encouraged by management\u2019s confidence in the business and outlook and expect Docebo to maintain this impressive pace through the medium-term,\u201d he said. Sgro noted the company\u2019s press into the Original Equipment Manufacturer space where the company recently announcing new OEM partners.\u00a0 \u201cWe expect the company is forming a template around OEM structure and support services which could lead to more partners joining at an accelerated pace,\u201d Sgro said. At the time of writing, Sgro raised his target price from C$80.00 to $110.00 while keeping his \u201cBuy\u201d rating, translating to a projected return of 28 per cent. Sgro forecasts full 2021 revenue growth of 60 per cent for DCBO, followed up by growth of 35 per cent for 2022. For a different approach to the online education space, Thinkific Labs has set itself up as enabling \u201cknowledge entrepreneurship,\u201d much in the way that e-commerce company Shopify calls itself the champion of the small business community. Vancouver-based Thinkific promotes its platform as a way for course creators to build, market, sell and deliver their educational products to the world.\u00a0 The company closed on an C$160-million IPO in April, giving it an opening market value of C$1.25 billion. So far, the stock has been up and down, but National Bank Financial analyst Richard Tse sees a bright future ahead. Thinkific delivered its second quarter 2021 financials in early August, which showed revenue double year-over-year to $9.1 million, slightly above Tse\u2019s forecasted $8.9 million and driven by growth in paying customers and higher-than-expected Average Revenue per User of $107.\u00a0 Importantly, Tse sees a low of runway ahead for Thinkific, whose Payment solution is currently being tested while its App Store having launched in May.\u00a0 \u201cIn our view, this is early days for Thinkific and despite tough year over year comps due to the prior year tailwind from COVID, we see a name that\u2019s tracking to the investment thesis laid out in our recent initiation of coverage report,\u201d Tse said in a client update on August 11.\u00a0 \u201cThinkific is uniquely positioned in its course creator\/learning market and with incremental growth drivers like Thinkific Payment, App Store and Partnership Networks (also in their early days), we see ample outsized growth in front of the name even without the benefit of COVID on their market,\u201d Tse wrote. Tse reiterated his \u201cOutperform\u201d rating and C$20.00 target, which at the time of publication represented a projected one-year return of 26.9 per cent.