Leading digital platform for online private tutoring in the UK
Mobeus VCT Fundraising
On MyTutor’s leading digital platform, school pupils are matched with handpicked, high‐performing university students for one-to-one tuition in an interactive online lesson space. The schoolchildren receive great one-to-one support, parents and teachers see improved educational outcomes, and the tutors benefit from work they can fit around their degrees. Everybody wins.
We originally invested £2m into MyTutor in 2017 as part of a wider £3m Series A round alongside high profile angels including Clive Cowdery (Resolution Capital) and Thomas Hoegh (Arts Alliance). Since then, the company has grown rapidly and we led a £5m Series B in June 2018, investing a further £3.6m, with participation from all existing angels.
With our help, MyTutor will use the funding to invest in sales and marketing, to develop its technology platform and to expand its team.
“As more forward-thinking parents and headteachers come to trust that online services can deliver a rich, human experience with the quality and impact of traditional methods, we’ve seen demand surge. This follows the development of other credible, high quality online experiences such as online GP services and language learning. With this second round of funding led by Mobeus, MyTutor can make comparable advances to enhance the one-to-one educational experience.”