What is Yup?
Yup operates as a chat-based mobile tutoring service, designed to provide students with immediate, 24/7 access to qualified tutors. The company focuses on delivering affordable and effective one-on-one assistance in core subjects like math, physics, and chemistry, eliminating the need for scheduled in-person sessions. Formerly known as MathCrunch and established in San Francisco in 2014, Yup emphasizes rigorous tutor training and continuous feedback to ensure high-quality instruction. Its business model addresses the need for flexible and accessible academic support for students.
How much funding has Yup raised?
Yup has raised a total of $3.5M across 1 funding round:
Angel/Seed
$3.5M
Angel/Seed (2015): $3.5M with participation from Sherpa Capital, Flood Gate, Formation8 Partners LLC, Index Ventures, and Slow Ventures
Key Investors in Yup
Sherpa Capital
Sherpa Capital is a private equity investment firm that operates within the alternative asset management sector, focusing on investing in and transforming mid-sized companies across the Iberian region. Headquartered in Madrid, the firm has built a reputation for its distinctive investment philosophy, which combines financial backing with deep operational involvement to drive long-term value creation within its portfolio companies.
Flood Gate
Floodgate Fund is a venture capital firm that specializes in early stage investments in technology companies. The firm aims to support extraordinary founders at the pre-seed and seed stages. Their focus is on identifying and backing innovative companies that are considered pattern breakers in the tech industry. Floodgate positions itself as a trusted partner for entrepreneurs seeking to build impactful businesses.
Formation8 Partners LLC
Formation 8 is a venture capital firm that supports top entrepreneurs in building market-leading smart enterprise and energy technology companies. The firm provides operational expertise to help its portfolio companies achieve global scale.
What's next for Yup?
With this substantial enterprise-level backing and a recent strategic investment, Yup is poised for significant scaling and further development of its platform. The company's trajectory suggests a move towards expanding its service offerings, potentially reaching a wider student demographic or enhancing its technological capabilities to further differentiate itself in the competitive educational technology market. This infusion of capital will likely fuel market penetration efforts and reinforce its position as a leader in instant, mobile-first tutoring solutions.
See full Yup company page
