What is Third Space Learning?
Third Space Learning is an innovative EdTech company that provides AI-powered online mathematics tutoring services. Developed by experienced maths teachers, their platform offers personalized, one-on-one support tailored for KS2 and GCSE students. The core of their offering is an AI tutor named Skye, which facilitates dynamic, real-time interactions to address individual learning gaps and misconceptions. Serving primary and secondary schools, Third Space Learning's model allows for unlimited tutoring access at a fixed annual fee, promoting affordability and scalability. Since its establishment in 2013, the company has made a considerable impact, supporting over 4,100 schools and delivering millions of hours of valuable tutoring across the UK.
How much funding has Third Space Learning raised?
Third Space Learning has raised a total of $3.6M across 2 funding rounds:
Angel/Seed
$1.3M
Series A
$2.3M
Angel/Seed (2014): $1.3M with participation from Clearly Social Angels
Series A (2015): $2.3M led by Social Venture fund
Key Investors in Third Space Learning
Social Venture fund
The Social Venture Fund at the University of Michigan is a student-led impact investment fund focused on companies with social and environmental impact. They provide financial backing and resources to businesses prioritizing sustainability and community well-being, investing across sectors like healthcare and education.
Clearly Social Angels
ClearlySo is Europe's leading impact investment bank, exclusively serving enterprises and funds that deliver positive social, ethical, and/or environmental impact alongside financial returns. They connect businesses with a network of high-net-worth individuals, family offices, and institutional investors.
What's next for Third Space Learning?
With the recent major strategic investment, Third Space Learning is well-positioned to further scale its AI-driven math tutoring services. The company's focus on personalized learning and its established relationships with thousands of schools suggest a trajectory towards broader market penetration and enhanced product development. Future growth will likely involve expanding its AI capabilities, reaching more students, and potentially exploring new subject areas or age groups. This significant backing will enable Third Space Learning to solidify its role as a leader in the EdTech space, driving educational equity through accessible, high-quality tutoring solutions.
See full Third Space Learning company page
