GoStudent

company

About

GoStudent is a digital platform that connects students to teachers in a virtual learning environment.

Details

Last Funding Type
Seed
Last Funding Money Raised
€1.38M
Industries
EdTech,Education,Tutoring
Founded date
Jan 1, 2016
Number Of Employee
1001 - 5000
Operating Status
Active
Legal Name
GoStudent GmbH

GoStudent is a platform for online teaching and is the future of tutoring. The EdTech company was founded in Vienna in 2016 by Felix Ohswald (CEO) and Gregor Müller (COO). Currently, GoStudent is operational in 15 markets. Via its platform, GoStudent provides paid, one-to-one, video-based tuition to primary, secondary, and college-aged students in 20+ subjects, using a membership model. Lessons are booked via the GoStudent platform and accessed using a computer or a mobile device. During each tutoring session, students and tutors interact live in a virtual classroom. Integrated features, such as a whiteboard and the option to share a screen and edit documents together, are included. The cornerstone of this concept was laid in 2015 by Felix Ohswald and Gregor Müller when they established a WhatsApp-based homework chat service for students.

GoStudent employs more than 600 people and has opened 12 international offices. Over 400,000 tutoring units are booked each month. Currently, GoStudent has around 15,000 customers and works with 5,500 international tutors. To date, GoStudent has raised more than €291m. Investors include Left Lane Capital, DN Capital, Coatue, and DST Global.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
8
€590.40M $0.90M
GoStudent has raised a total of €590.40M $0.90M in funding over 2 rounds. Their latest funding was raised on Jan 11, 2022 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 11, 2022 Series D €300M 7 Prosus Detail
Jun 22, 2021 Series C €205M 7 DST Global Detail
Mar 30, 2021 Series B €70M 3 Coatue Detail
Nov 18, 2020 Series A €5M 2 DN Capital
Left Lane Capital
Detail
Jun 23, 2020 Series A €8.30M 3 Left Lane Capital Detail

Investors

Number of Lead Investors
Number of Investors
9
13
GoStudent is funded by 13 investors. Prosus and DST Global are the most recent investors.
Investor Name Lead Investor Funding Round
Prosus Yes Series D
DST Global Yes Series C
Speedinvest Yes Convertable Note
Coatue Series D
Deutsche Telekom Series D
Dragoneer Investment Group Series D
Left Lane Capital Series D
SoftBank Vision Fund Series D
Tencent Series D
DN Capital Series C

Employee Profiles

Number of Employee Profiles
14
GoStudent has 14 current employee profiles, including Executive Felix Ohswald
Executive
Board member
Advisor
Executive
Board member

Acquisition

GoStudent has acquired 4 organizations. Their most recent acquisition was Schoolfox on Sep 7, 2021. They acquired Schoolfox for 0.

Date Company Name
Industry Acquisition Type Price
Sep 7, 2021 Schoolfox
EdTech acquisition Detail
Feb 1, 2022 Seneca Learning
E-Learning acquisition Detail
Feb 1, 2022 Tus Media
Education acquisition Detail
Dec 2, 2022 Studienkreis
EdTech acquisition Detail