Tutorful, a Sheffield, UK-based edtech platform for parents and students to find online tutors, raised a further £3m in funding.
The funding was provided by Mercia’s Northern Venture Capital Trust (VCT) funds and NPIF – Mercia Equity Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund.
The company intends to use the funds to continue to further enhance the platform, expand into new international markets and create around 27 additional jobs at its Sheffield headquarters.
Founded in 2015 by Mark Hughes, CEO, Tutorful provides an edtech system that allows parents and students to find online tutors to learn anything from languages to music, computer programming or get help with a PhD course. Its virtual classroom ensures an interactive learning experience while features such as scheduling and billing enable tutors to build their business and attract clients online. The platform now has over 11,000 registered tutors covering more than 300 subjects.
Tutorful currently employs 55 permanent staff and recently launched in France and Ireland.
FinSMEs
13/09/2021