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."