4 years ago
Edtech Platform Tutorful Secures £3 Million to Expand Online Tutoring Services
UK-based edtech platform Tutorful has raised £3 million in a funding round led by Mercia’s Northern Venture Capital Trust and NPIF – Mercia Equity Finance
This follows a previous investment of £3.5 million from the Northern VCTs in 2019
The company plans to use the funds to further develop its platform, expand internationally, and create new jobs
Tutorful experienced significant revenue growth in 2020 and 2021 as demand for online learning surged.
ProblemEducation
"Finding qualified tutors for in-person lessons can be time-consuming, inconvenient, and geographically limited."
Solution
"Tutorful is an online platform that connects students and parents with qualified tutors for live, interactive lessons across a wide range of subjects, offering flexibility and convenience."