GoStudent, a Vienna, Austria-based tutoring provider and education platform, received $95M in equity and debt funding.
Backers included Deutsche Bank, Left Lane Capital, DN Capital, Tencent, Prosus, DST, Coatue and Softbank Vision Fund 2.
The company, which has raised more than €675m to date, intends to use the funds to expand operations and its business reach.
Founded in 2016 by Felix Ohswald (CEO) and Gregor Müller (COO), GoStudent is a tutoring provider and education platform, which has expanded its offering over the past two years with the acquisition of three EdTech companies – Seneca Learning, Tus Media and Fox Education – and offline tutoring business, Studienkreis. Across its portfolio, GoStudent employs more than 1,500 staff and supports more than 11 million families each month. The company operates in 15 countries and more than 1 million 1:1 online tutoring lessons are booked globally each month.
FinSMEs
04/08/2023