Varsity Tutors lands $50 million in Series C funding

TechCrunch | 2/14/2018 | Jordan Crook
kshama-s (Posted by) Level 3
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Varsity Tutors, the learning platform founded in 2011, today announced the close of a $50 million Series C funding round led by Learn Capital. The Chan Zuckerberg Initiative and existing investor TCV also participated in the round.

Varsity Tutors started as an offline service, connecting the best tutors on campus with those who needed help for IRL study sessions. Fast forward seven years and the company now offers a full-fledged online platform for learning, including free on-demand content via Varsity Learning Tools.

Varsity - Tutors - Tutoring - Product - Student

But more importantly, Varsity Tutors has an Instant Tutoring product that will connect a student with a live expert in as little as 15 seconds via desktop web or mobile. Tutoring sessions also offer doc editing, whiteboard functionality and other tools to make sure the lesson is as impactful as possible.

In September 2017, Varsity Tutors acquired First Tutors in the UK as part of its plan to expand geographically.

Tutors

First Tutors is currently working under its...
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