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Varsity Tutors

Varsity Tutors

Varsity Tutors is a St. Louis-based online education technology company connecting students with tutors.

Varsity Tutor's revenue is $1.8 billion.

Timeline

March 16, 2020
Varsity Tutors launches Virtual School Day for free amid COVID-19 school closures.

February 14, 2018
Varsity Tutors raises $50 million in Series C funding round led by Learn Capital and joined by the Chan Zuckerberg Initiative (CZI) and Technology Crossover Ventures.
February 2018
Varsity Tutors raises a $50,000,000 series C round from Chan Zuckerberg Initiative, Learn Capital and TCV.
November 10, 2015
Varsity Tutors raises a $50,000,000 series B round from Adam Levine and TCV.
May 28, 2014
Varsity Tutors raises a $7,000,000 series A round from David Karandish.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Varsity Tutors funding round, February 2018
50,000,000
February 2018
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People

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Further reading

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Companies

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News

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Author
Date
Publisher
Description
Natasha Mascarenhas
January 29, 2021
TechCrunch
A gig economy-powered consumer edtech platform is heading to the New York Stock Exchange. Edtech startup Nerdy, which owns the popular tutoring business Varsity Tutors, is seeking to become a public company through a special purpose acquisition vehicle, otherwise known as a SPAC. Nerdy will merge with TPG Pace Tech Opportunities (NYSE: PACE), a publicly [...]
Jordan Crook
March 16, 2020
TechCrunch
Varsity Tutors, the edtech company looking to connect students with tutors live and on-demand, is today releasing a free product called Virtual School Day for students and parents, as schools close across the globe due to the coronavirus pandemic. Virtual School Day offers more than 20 hours of live, online classes across a variety of [...]
Kathleen Chaykowski, Forbes Staff
February 14, 2018
Forbes
On-demand tutoring site Varsity Tutors has raised a $50 million Series C funding round. CZI's investment is part of a larger plan by the philanthropic vehicle to allocate hundreds of millions of dollars a year to support personalized learning technology.

References

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