Vienna-based GoStudent lands €8.3 million to take its affordable online school across Europe
Summary
London-based DN Capital also joined the round alongside existing investors, and the founders of Swoodoo and HomeToGo participated as strategic partners. GoStudent, founded in 2016, operates an affordable online school that connects students with the best teachers worldwide, for both individual or group tutoring sessions. GoStudent additionally offers a free social homework chat where students can discuss their questions with others in an easy and safe environment. For this reason, the financing will be used primarily to accelerate new customer and tutor acquisition in the German-speaking region, further investments into product, and expand beyond its current core markets. The market is seeing a fast and permanent shift to online learning, and GoStudent is delivering on its promise to bring tutoring to the masses”, said Harley Miller, Managing Partner at Left Lane Capital.