GoStudent, a Vienna, Austria-based online tutoring company, raised an additional €5m in Series A extension funding.
The round, which brought total funding raised to date to €13.3m, was co-led by DN Capital and Left Lane Capital. In conjunction with the funding, Vinny Pujji, Partner at Left Lane Capital, will join as an additional board member for Left Lane along with Nenad Marovac, Managing Partner & CEO at DN Capital.
The company intends to use the funds to continue its expansion across Europe, the US and Latin America.
Led by Gregor Müller and Felix Ohswald, GoStudent operates a digital school connecting students with the best teachers worldwide for individual and group tutoring sessions. The company offers 6, 12, and 24-month tutoring subscription packages to students of all ages. GoStudent provides software tools to both students and teachers, allowing each party to focus entirely on teaching, tutoring, and learning, while removing the burden of all tedious administrative tasks. The data-driven startup uses AI to support its tutor selection and onboarding processes, ensuring that the best possible tutor is matched with each student. GoStudent also offers a free social homework chat where students can discuss their questions with others in an easy and safe environment.
GoStudent currently books 100k+ monthly sessions across its customer base with 2,000+ active tutors on the platform.
FinSMEs
25/11/2020