A daily newsletter summarizing recent activity & interesting start-ups globally
RECENT NOTABLE ACTIVITY – TUTORING
- Xuebajun, an online tutoring platform offering homework assistance, has raised $100M in Series C funding co-led by China Merchants Capital and Grand Fight Investment. Link
- Qingqing Jiajiao, a mobile O2O platform that connects tutors and students, has raised $18M in Series C funding from TAL Education Group. Link
- Lingo Live, an online tutoring platform for language learning to corporates, has raised $5.2M in Series A funding from Fresco Capital, Alpine Meridian Ventures, Entrepreneurs Fund, Owl Ventures, LP. Link
- Codementor, an online mentor marketplace for programmers, has raised $1.6M to launch a new freelance developer platform. Link
- Nimbles, an online discovery platform to find offline tutors, has raised $421.23k in Seed funding. Link
SOME INTERESTING STARTUPS FOUND
Mintor (2016, Dallas) – Peer-to-peer marketplace connecting users with certified instructors and expert peers for skill development and training.
Tuta-Me (2016, Houston) – Mobile-based platform for students to find and book tutors for one-on-one tutoring.
LEADER BOARD – TUTORING
Online Delivery
TutorGroup (2004, Dallas, $315M) – Online tutoring platform for learning English. Backed by Alibaba, Qiming Ventures, Temasek, Goldman Sachs, GIC, Russia-China Investment Fund, Silverlink Capital and Softbank Finance Group.
Chegg (2005, California, $197.5M) – Online tutoring and textbook rental company. Backed by Floodgate, Primera Capital, Insight Partners, KPCB, Foundation Capital, Lucasvg, Acegroup, Gabrielvp and GSV cap.
Xuebajun (2013, Shanghai, $155M) – App for homework assistance. Backed by Sinovation Ventures, Qiming Ventures, Far east horizon, Qiming Venture Partners, Vertex Ventures, China Merchants Capital, and Trustbridge Partners.
Offline Delivery
Best Learning English (2008, Beijing, $32.7M) – Offline English language tutoring for Chinese students. Backed by Tiantu Capital.
Qingtajiao (2014, Xiamen, $25.5M) – Marketplace for offline tutors. Backed by Newsion Venture capital, BGGworld and Plum Ventures.
Cuemath (2011, Bangalore, $19.2M) – Worksheet cum Technology based after-school learning program. Backed by Sequoia Capital, Unitus Seed Fund, Google Capital.
Hybrid Delivery
51Talk (2011, Beijing, $ 132.6M) – Online English learning platform with offline experience centers. Backed by Sequoia Capital, Zhen Fund, DCM and Shunwei Fund.
Varsity Tutors (2007, St.Louis, $57M) – Online platform connecting students with tutors for in-person and online sessions. Backed by Technology Crossover Ventures.
Meten ( 2006, Shenzen, $25.5M) – Hybrid English learning platform which delivers via both channels, online platform, and offline centers. Backed by Shanxi SME Fund, DG Capital Management, and Fortune Venture Capital.
Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
For latest updates visit Tutoring feed.