What is Tutor.com, Inc?
Tutor.com is an award-winning online platform dedicated to providing on-demand, one-to-one homework help and tutoring services. The company's mission is to promote equity and achievement for all learners by connecting students with professional tutors. Tutor.com partners with educational institutions, libraries, and military organizations to offer 24/7 academic support, aiming to bridge educational gaps and enhance student success through accessible learning resources.
How much funding has Tutor.com, Inc raised?
Tutor.com, Inc has raised a total of $28.5M across 3 funding rounds:
Series A
$15M
Series B
$9.5M
Debt
$4M
Series A (2004): $15M with participation from Scholastic and Dawntreader Ventures
Series B (2007): $9.5M led by Ascend Venture Group, Kidron Opportunity, Intel Capital, and Dawntreader Ventures
Debt (2007): $4M supported by MMV Financial
Key Investors in Tutor.com, Inc
Ascend Venture Group
Ascend Venture Group is a venture capital firm specializing in early-stage businesses that leverage emerging technologies, with a focus on minority communities and women entrepreneurs.
Intel Capital
Intel Capital is the investment arm of Intel, focusing on startups in areas like AI, autonomous vehicles, and cloud computing, aiming to foster technological innovation.
Scholastic
Scholastic is a global children's publishing, education, and media company, known for its educational resources and book fairs, likely investing to enhance its digital learning offerings.
What's next for Tutor.com, Inc?
With a history of substantial capital raises, including Series A, Series B, and debt financing, Tutor.com, Inc. is positioned for continued growth and innovation in the online education space. The recent strategic investment signals confidence from backers in the company's business model and its potential to scale its services. Future developments are likely to focus on enhancing the tutoring platform, expanding its reach to new student demographics, and potentially integrating advanced learning technologies to further its mission of providing equitable educational opportunities.
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