A daily newsletter summarizing recent activity & interesting start-ups globally
RECENT NOTABLE ACTIVITY – TUTORING
- VIPKID nabs $100M to link Chinese kids with native speakers to learn English Link
- Italki Gets $3M Series A Round Funding from Hujiang Link
- Meten English Receives 170M RMB from DG Capital and SME Development Fund Link
- Light class online education company receives 11 million yuan Pre-A round of financing Link
- Square Dance APP “Dancing Times” declared eligible for ten million Pre-A round of financing Link
- Online education platform Freebao- micro birds get a Beijing institution about 10 million Pre-A round of financing Link
- Mustard heap News, school tutoring one on one online platform breezes Education announced the completion of A + ten million round of financing Link
- Genext Students raises Rs 1.4 crore from equity crowdfunding platform 1Crowd Link
- Ed-tech firm Transweb raises funding from 500 Startups Link
SOME INTERESTING STARTUPS FOUND
NaTakallam (2015,NYC) pairs students learning Arabic with displaced Syrians in Lebanon, for conversation-focused sessions through a video or audio platform.
The Reading Network (2016, Wiarton) Online tutoring for reading targeted towards specially abled children
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.
VIPKID (2013,Beijing, $125.49M) – Online tutoring in English. Backed by Sequoia Capital, YFCapital,ZhenFund,NorthernLight Venture Capital, Matrix Partners and Sinovation Ventures
Offline Delivery
Qingtajiao (2014, Xiamen, $25.5M) – Marketplace for offline tutors. Backed by Newsion Venture capital, BGGworld and Plum Ventures.
5Teacher (2014, Beijing, $10M) – O2O tutor search platform. Backed by 58.com and Susquehanna International Group.
Hybrid Delivery
51Talk (2011, Beijing, $ 132.6M) – Online English learning platform with offline experience centres. 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
WyzAnt (2005, Chicago, $21.5M) – Marketplace for offline and online tutoring classes. Backed by Accel Partners.
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.