3 years ago

GoStudent Raises $340 Million in Series D Funding

  • GoStudent, an Austrian education startup, has raised $340 million in a Series D funding round, valuing the company at $3.4 billion

  • The funding will be used to expand GoStudent's services to the United States, Europe, and Asia

  • GoStudent offers online tutoring services in math, languages, and science, and has signed up 15,000 tutors in 20 countries

  • The company plans to acquire K12-focused education services and content companies, and has already acquired Fox Education, which runs an app connecting parents and schools.

    • ProblemEducation

      "Many parents struggle to find high-quality, reliable tutors for their children. The existing tutoring market is often fragmented, reliant on personal referrals, and lacks transparency in terms of quality and pricing."

      Solution

      "GoStudent provides a global online platform that connects students with verified, experienced tutors for personalized, one-on-one or group learning across a wide range of subjects. They offer transparent pricing, quality assurance, and the convenience of online learning."

      Covered on