Online tuition platform, MyTutor, raises £4m led by Mobeus to meet growing demand for accessible tuition services
MyTutor, the UK’s leading platform for online, interactive one-to-one tuition for secondary school-aged pupils, today announces that it has raised £4 million in investment, led by existing investor Mobeus and bringing total funding to date to £14 million.
The funding will be used to further develop and increase the availability of MyTutor’s platform - working in consultation with its users - to meet growing demand for support from both parents and schools to ensure that children get the most from their education, particularly with the major disruptions caused by the ongoing pandemic.
MyTutor has also just been announced as one of four tutoring companies working with The Education Endowment Foundation (EEF) on its initiative to launch a new online tuition pilot to help disadvantaged pupils as schools begin to reopen. MyTutor will provide support for almost two thirds of the 1,600 pupils in the programme
Since MyTutor’s inception in 2013, its online network of tutors has facilitated over 1 million bookings, with 100,000 families in the UK relying on MyTutor for one-to-one tuition.
Prior to the outbreak of COVID-19, a 2019 report by educational charity, the Sutton Trust, found that over 27% of children in the UK and 41% in London were receiving learning support from a tutor. However, due to the pandemic, the majority of school children in the UK were forced, near-overnight, into homeschooling, putting a huge amount of pressure on already stretched parents to support their child’s learning. Online tutoring has been a lifeline for many, helping students tackle tricky topics, building up confidence and providing motivation and engagement while in lockdown. MyTutor has seen demand more than double since school closures began, as families embraced online one-to-one learning to ensure the educational progress of their children.
Even though some children in the UK are now back at school, the need for tutors will continue to grow, Parents across the country are looking for extra support to ensure their children remain on track with their studies after this incredibly disruptive period and an extended amount of time off school. Additionally, parents are also keen to build their children’s confidence and motivation in their studies as they return to a very different school environment, and online one-to-one tuition has been found to be one of the most effective ways to focus this support, with tutors able to tap into the direct needs of the individual child to ensure they get the results they deserve.
Matt Mead, Venture Partner at Mobeus, comments:
"Since the early days of MyTutor it has been clear to us that Bertie and the team have created a service that has a real, positive impact, with great potential to reduce inequality of opportunities for UK school children. With this capital injection we will ensure that MyTutor can keep up with demand at a time when online one-to-one tuition has become more important than ever to prevent the widening of an already existing learning gap. We know that the company’s potential to have a real impact on our schooling system and wider society reaches far beyond the current pandemic. MyTutor is setting the precedent for a new normal for tuition and we are excited to continue on this journey together."
MyTutor was co-founded by Bertie Hubbard, James Grant and Robert Grabiner with a mission to bring life changing tuition to all. Tutors are subject experts from the UK’s top universities with recent exam experience. Each tutor is personally interviewed to ensure they can explain topics in a way teens can understand. In 2018, Bertie and James were featured in ‘Forbes 30 under 30’ list of the world’s top social entrepreneurs. The company is headquartered in London and employs a team of 50.
17 June 2020
“The current pandemic has impacted every single UK family, and there is now an urgent need for academic support to ensure school children get back on track with their education. Through our consumer-facing platform and partnerships such as the EEF’s online tuition pilot, we know that we can make a difference and reduce learning gaps despite these unprecedented circumstances - and we're delighted by the continued support of our investors. While the pandemic has seen a whole generation of parents experience the benefits of online tuition we believe this is just the start of a more permanent shift."
Bertie Hubbard, Co-founder and CEO of MyTutor