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- GoStudent
GoStudent Revenue, Valuation, Funding & Investors
GoStudent is valued at $3.4B as of January 2022.
Last GoStudent valuation
$3.4B
Series D · Jan 2022
Last GoStudent funding round
$95M
Undisclosed stage · Aug 2023
GoStudent revenue
$107M
Series C · Jun 2021
Key investors in GoStudent
Left Lane Capital
DN Capital
Coatue
SoftBank Group
Tencent
Speedinvest
About GoStudent
GoStudent is a Vienna-headquartered online tutoring platform operating in 15 European countries with virtual classrooms for primary through college students in math, languages, and sciences. Tutors deliver one-on-one video sessions using integrated whiteboards and screen sharing, booking over 400,000 lessons monthly.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Services
Revenue
$107M (Jun 2021)
Valuation
$3.4B (Jan 2022)
GoStudent Valuation
GoStudent is currently valued at $3.4B, based on its Series D in January 2022.
The $337M round was led by Prosus, with participation from Dragoneer, SoftBank Group, Tencent, Left Lane Capital, Deutsche Telekom and 1 other investor.
GoStudent's valuation has grown 2.1x from $1.6B at its Series C in June 2021 to $3.4B in January 2022, across 2 priced rounds.
GoStudent valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jan 2022 | Series D | $3.4B | - |
| Jun 2021 | Series C | $1.6B | 15.0x |
GoStudent Revenue
GoStudent's latest recorded revenue is $107M, as of its Series C in June 2021. At a $1.6B valuation, that implies a 15.0x revenue multiple.
GoStudent revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jun 2021 | $107M | $1.6B | 15.0x | Series C |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
GoStudent Funding History
GoStudent has raised a total of $776M across 9 funding rounds.
GoStudent's first fundraising round was a $800K angel round in April 2017. The most recent completed round was a $95M undisclosed-stage round in August 2023.
GoStudent funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Aug 2023 | Undisclosed stage | DN Capital; SoftBank Group; Tencent; Prosus; Left Lane Capital; Deutsche Bank; Coatue; DST Global | $95M | - | GoStudent, a leading online tutoring platform operating in 15 countries, raised $95 million in a mix of equity and debt on August 4, 2023, from investors including Coatue, Deutsche Bank, DN Capital, DST Global, Left Lane Capital, Prosus, SoftBank Vision Fund 2, and Tencent. The funding supports its hybrid learning vision following the December 2022 acquisition of offline tutoring provider Studienkreis, with a focus on AI integration such as an AI lesson plan generator and content-based learning tools to empower its 23,000 tutors and serve over 11 million families globally, where more than 1 million 1:1 online lessons are booked monthly. The round aligns with GoStudent's strategic pivot announced in May 2023 toward AI in education, estimating a global market size of $10-20 billion by 2027 based on reports from Global Market Insights, Grand View Research, Global Market Estimates, and Holon IQ. The capital aims to set new standards for hybrid learning while maintaining a human touch for personalized education. GoStudent had previously scaled rapidly from 2019-2022 to over €100 million in revenue but faced challenges with €220 million cash burn in 2022 amid edtech market contraction, leading to layoffs and cost cuts. By March 2024, it achieved operational EBITDA positivity, culminating in full-year 2024 core EBITDA of €14 million. |
| Jan 2022 | Series D | Prosus (lead); Dragoneer; SoftBank Group; Tencent; Left Lane Capital; Deutsche Telekom; Coatue | $337M | $3.4B | - |
| Jun 2021 | Series C | DST Global (lead); Dragoneer; DN Capital; SoftBank Group; Tencent; Left Lane Capital; Coatue | $243M | $1.6B | GoStudent, a Vienna-based edtech company founded in 2016, operates a one-to-one online tutoring marketplace for K-12 students, connecting learners with video-based tutors across various subjects. The platform had expanded to 15-18 countries with 12 offices by mid-2021, employing over 500 people and working with thousands of tutors. In June 2021, it raised €205 million ($244 million) in a Series C round led by DST Global, with participation from SoftBank Vision Fund 2, Tencent, Dragoneer Investment Group, and existing investors Coatue, Left Lane Capital, and DN Capital, achieving a post-money valuation of €1.4 billion ($1.7 billion) and unicorn status as Europe's highest-valued K-12 edtech firm at the time. The funding brought GoStudent's total raised to over €291 million across three rapid rounds, following a €70 million Series B in March 2021 led by Coatue and a €13.3 million Series A. At the time of the Series C, the platform booked over 400,000 tutoring sessions monthly, reflecting 700% year-on-year growth and 15% month-on-month increases, with prior figures at 250,000 sessions. The company reported rapid expansion, including new offices in Athens, Istanbul, Amsterdam, Düsseldorf, and Berlin, and aimed to enter 20+ countries by year-end, targeting Canada and Mexico next, while doubling its team to 1,000 employees and scaling to 10,000 tutors. Proceeds were earmarked for aggressive geographic expansion, brand investment, product development, partner growth, and initial acquisitions from a shortlist of targets. GoStudent positioned itself against the 'shadow market' of offline tutoring, noting that while the pandemic boosted remote learning overall, its demand dipped initially before surging. Investors highlighted the team's execution, with one backer noting 800% revenue growth and 70x valuation increase over the prior twelve months, underscoring strong traction in the online education space. |
| Mar 2021 | Series B | Coatue (lead); DN Capital; Left Lane Capital | $82M | - | GoStudent is a Vienna-based online tutoring marketplace connecting K-12 students with video-based one-on-one tutors across multiple subjects, competing with offline centers like Schülerhilfe and Acadomia, as well as traditional classifieds and Chinese edtech players like Zhangmen and VIPKid. On March 30, 2021, it raised a €70 million Series B round led by U.S. investor Coatue, with participation from existing backers Left Lane Capital and DN Capital, bringing total funding to €83.3 million. The round supports expansion into markets like Turkey and Greece, aiming for 15 European countries, a team of over 800 employees, and more than 10,000 tutors. At the time, GoStudent reported over 250,000 tutoring sessions booked monthly. Subsequent rounds included a June 2021 Series C at €1.4 billion ($1.7 billion) valuation raising €205 million ($244 million) led by DST Global with SoftBank, Tencent, Dragoneer, and prior investors, followed by later extensions and Series D funding. |
| Nov 2020 | Series A | DN Capital (lead); Left Lane Capital (lead) | $6M | - | GoStudent is a Vienna-based e-learning startup providing an online tutoring platform that connects students with tutors through a virtual classroom. The company increased its Series A funding to €13.3 million on November 18, 2020, with an additional €5 million led by Left Lane Capital and DN Capital, following an initial €8.3 million raise earlier in 2020. Existing investors and strategic partners including the founders of Swoodoo and HomeToGo also participated, bringing total funding to €16 million at that point. GoStudent had grown 7x since the beginning of 2020 and was booking over 100,000 tutoring sessions monthly by November 2020. The platform expanded from the DACH region across Europe, capitalizing on the shift to online learning amid the crisis to make high-quality education accessible. It competes with freelancers on platforms like Superprof and MyTutor, as well as institutions such as Acadomia in France, Schülerhilfe in Germany, and Titanium Tutors in the U.K. Left Lane Capital and DN Capital praised GoStudent's execution, affordable high-quality solution, and potential to lead the European edtech market previously dominated by fragmented offline services. |
| Jun 2020 | Series A | Left Lane Capital (lead); DN Capital; NFQ Capital | $9M | - | GoStudent, a Vienna-based e-learning startup founded in 2016, operates an online tutoring platform connecting students with teachers worldwide for individual or group sessions using AI for matching. It closed an €8.3 million Series A round on June 23, 2020, led by Left Lane Capital, with participation from DN Capital and existing investors including founders of Swoodoo and HomeToGo. This brought total funding to €12.3 million at the time. The round supported expansion from the DACH region to other European markets like France, Belgium, Luxembourg, and Spain. Later in November 2020, the Series A was increased to €13.3 million with an additional €5 million from Left Lane Capital and DN Capital. |
| Jun 2019 | Pre-seed | Speedinvest (lead) | $900K | - | - |
| Jul 2018 | Seed | Speedinvest (lead) | $2M | - | - |
| Apr 2017 | Angel | Speedinvest (lead); Joerg Floeck; Econnoa | $800K | - | - |
Who has invested in GoStudent?
14 investors have backed GoStudent across its funding rounds, including Left Lane Capital, DN Capital, Coatue, SoftBank Group, Tencent and Speedinvest.
Lead investors include Prosus, DST Global, Coatue, DN Capital, Left Lane Capital and 1 other investor.
GoStudent Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 6 | Lead | Jun 2020 | ||
| 5 | Lead | Jun 2020 | ||
| 4 | Lead | Mar 2021 | ||
| 3 | Participant | Jun 2021 | ||
| 3 | Participant | Jun 2021 | ||
| 3 | Lead | Apr 2017 | ||
| 2 | Participant | Jun 2021 | ||
| 2 | Lead | Jan 2022 | ||
| 2 | Lead | Jun 2021 | ||
| 1 | Participant | Apr 2017 | ||
| 1 | Participant | Jun 2020 | ||
| 1 | Participant | Aug 2023 | ||
This data is available for Pro users. Sign up to see all 14 GoStudent investors. Start Free Trial | ||||
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Start Free TrialAcquisitions by GoStudent
GoStudent has acquired 4 companies to date.
Last acquisition by GoStudent was on December 2nd 2022. GoStudent acquired Studienkreis for undisclosed valuation.
Latest Acquisitions by GoStudent
| Description | Studienkreis is Germany's largest tutoring provider operating nearly 1,000 schools nationwide. Established in 1974, it supports millions of students from all school types and age groups to enhance academic performance. Tutors address subject-specific challenges while teaching independent learning techniques, ensuring sustained success without external aid during exams. The nationwide presence enables localized support across urban and rural areas. | Seneca Learning is a London-based online education platform employing cognitive science, spaced repetition, and adaptive quizzes for GCSE, A-Level, and international curricula. It serves over two million students, teachers, and parents across 190 countries with 30,000 lessons in subjects like maths, sciences, and languages. The platform gamifies learning with progress tracking and school dashboards. | Tus Media is a Madrid-based online marketplace connecting tutors with students across Spain, Europe, and Latin America. The platform lists subjects from mathematics to languages, with 4 million users accessing live video sessions and recorded courses. Tus Media verifies tutors through credentials and reviews, supporting payments in euros and local currencies. Launched in 2015, it partners with schools in Mexico and Colombia. | Schoolfox is a Berlin-based digital communication platform connecting teachers, parents, and students in German-speaking countries. Launched in August 2016, it supports smartphones, tablets, and computers with features for sharing class updates, homework, and emergency contacts without exchanging private numbers. The app facilitates collaborative student profiles containing medical information and schedules. Available in Germany, Austria, and Switzerland, Schoolfox serves over 4,000 schools and reaches more than one million users through encrypted messaging and group chats tailored for preschool through secondary education. |
| HQ Country | ||||
| HQ City | Bochum | London | Barcelona | Berlin |
| Deal Date | 2 Dec 2022 | 1 Feb 2022 | 1 Feb 2022 | 7 Sep 2021 |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed |
| EV/Revenue | ||||
| EV/EBITDA | ||||
This data is available for Pro users. Sign up to see all GoStudent acquisitions and their M&A valuation multiples. Start Free Trial | ||||
GoStudent Competitors
GoStudent competitors include listed companies like Stride, East Buy and Youdao, and private ones like Age of Learning, Outschool and Spark Education Group.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $2.5B | $580M | $3.4B | 1.2x | ||
| Publicly listed | $850M | $98M | $3.4B | 2.8x | ||
| Private | $100M | - | $3B | - | ||
| Private | $100M | - | $3B | 30.0x | ||
| Publicly listed | $881M | $29M | $1.7B | 2.0x | ||
| Private | $217M | - | $1.5B | 6.9x |
GoStudent Public Comps
GoStudent is still privately-owned, but its public comps include Stride, East Buy, Bright Horizons Family, Fibra Educa, Grand Canyon Education, COL Global, McGraw Hill, John Wiley & Sons, Covista and Perdoceo Education.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $2.5B | $580M | 1.2x | 1.2x | 5.1x | 4.8x | |||
| $850M | $98M | 3.0x | 2.8x | 26.3x | 22.4x | |||
| $2.9B | $408M | 1.8x | 1.7x | 12.6x | 10.2x | |||
| $269M | - | 15.2x | 15.2x | - | - | |||
| $1.1B | $306M | 3.4x | 3.3x | 12.4x | 10.0x | |||
| $247M | ($78M) | 10.8x | 8.9x | (34.3x) | (2053.7x) | |||
| $2.1B | $613M | 2.4x | 2.3x | 8.1x | 6.5x | |||
| $1.7B | $405M | 2.2x | 2.2x | 9.3x | 8.3x | |||
This data is available for Pro users. Sign up to see all GoStudent competitors and their valuation data. Start Free Trial | ||||||||
Common questions about GoStudent
| When was GoStudent founded? | GoStudent was founded in 2016. |
| Where is GoStudent headquartered? | GoStudent is headquartered in Vienna, Austria. |
| Is GoStudent publicly listed? | No, GoStudent is a private, VC-backed company. |
| What is GoStudent's valuation? | GoStudent was last valued at $3.4B in its Series D in January 2022. |
| How much funding has GoStudent raised? | GoStudent has raised $776M across 9 funding rounds. |
| What was GoStudent's last funding round? | GoStudent's last funding round was a $95M undisclosed-stage round in August 2023. |
| Who are GoStudent's investors? | GoStudent's investors include Left Lane Capital, DN Capital, Coatue, SoftBank Group, Tencent, Speedinvest, Dragoneer, Prosus, DST Global, Joerg Floeck and 4 others. |
| What is GoStudent's revenue? | GoStudent's latest recorded revenue is $107M (June 2021). |
| What is GoStudent's revenue multiple? | GoStudent's latest valuation implies a 15.0x revenue multiple ($1.6B valuation on $107M of revenue). |
| Which companies are comparable to GoStudent? | Companies comparable to GoStudent include Stride, East Buy, Age of Learning, Outschool, Youdao and Spark Education Group. |
| How many companies has GoStudent acquired? | GoStudent has acquired 4 companies, including Studienkreis, Seneca Learning, Tus Media and Schoolfox. |
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