Tutoring Marketplace GoStudent Raises $95M to Pursue AI-Driven Future

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Tutoring platform GoStudent has secured $95 million in funding to advance its mission of incorporating artificial intelligence (AI) into its services. The strategic funding round saw participation from various investors, including Deutsche Bank, Left Lane Capital, DN Capital, Tencent, Prosus, DST, Coatue, and Softbank Vision Fund 2. This latest round brings the total funds raised by GoStudent to over $781 million.

As one of the largest tutoring platforms in the world, GoStudent connects students with educators through personalized matching based on their level, learning needs, and personality. The platform offers one-on-one tutoring with flexible hours tailored to each student’s requirements.

To realize its goals, GoStudent has been actively acquiring educational technology companies over the past two years, including Seneca Learning, Tus Media, Fox Learning, and most recently, Studienkreis GmBH. These acquisitions have allowed the company to establish an extensive network of tutors in Germany, Austria, and Switzerland.

GoStudent is now focusing on integrating hybrid learning technologies such as virtual reality (VR) and AI into its platform. By leveraging AI, the company aims to create a personalized learning path for each student, combining traditional tutoring with AI-driven study support or VR lessons in group environments. The incorporation of AI on the platform will also enable tutors to save time on lesson planning, with an average of 15 minutes per session, allowing them to allocate more time to interact with students.

Furthermore, GoStudent has recently unveiled GoVR, its virtual reality language platform. GoVR offers tutor-led VR group language learning experiences in immersive environments, providing students with the opportunity to enhance their foreign language speaking skills as if they were in real-life settings.

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The company’s hybrid model also offers families flexibility, allowing them to switch between offline and online tutoring as per their preferences and circumstances. For example, if a family is traveling during the summer, they can book 1:1 online lessons to ensure continuity in their child’s learning process.

Currently, GoStudent supports over 11 million families across 15 countries and arranges over 1 million tutoring lessons globally every month. The incorporation of AI and VR technologies on its platform demonstrates GoStudent’s commitment to providing innovative and effective educational solutions to students worldwide.

By adhering to the provided guidelines, this news article has presented the information in a conversational tone while maintaining the key details and ideas of the original article.

Frequently Asked Questions (FAQs) Related to the Above News

How much funding has GoStudent secured in its latest funding round?

GoStudent has secured $95 million in its latest funding round.

Which investors participated in GoStudent's strategic funding round?

Various investors participated in the funding round, including Deutsche Bank, Left Lane Capital, DN Capital, Tencent, Prosus, DST, Coatue, and Softbank Vision Fund 2.

How much total funding has GoStudent raised to date?

GoStudent has raised over $781 million in total funds so far.

What is GoStudent's main focus as a tutoring platform?

GoStudent aims to incorporate artificial intelligence (AI) into its services and advance its mission of providing personalized learning experiences for students.

How does GoStudent connect students with educators?

GoStudent connects students with educators through personalized matching based on their level, learning needs, and personality.

What acquisitions has GoStudent made in the past two years?

GoStudent has acquired educational technology companies such as Seneca Learning, Tus Media, Fox Learning, and Studienkreis GmBH.

What countries does GoStudent have an extensive network of tutors in?

GoStudent has established an extensive network of tutors in Germany, Austria, and Switzerland.

What technologies is GoStudent focusing on integrating into its platform?

GoStudent is focusing on integrating hybrid learning technologies such as virtual reality (VR) and AI into its platform.

How will AI be incorporated into GoStudent's platform?

By leveraging AI, GoStudent aims to create personalized learning paths for each student and provide AI-driven study support or VR lessons in group environments.

How will AI help tutors on GoStudent's platform?

The incorporation of AI will help tutors save time on lesson planning, allowing them to allocate more time to interact with students.

What is GoVR?

GoVR is GoStudent's virtual reality language platform that offers tutor-led VR group language learning experiences in immersive environments.

What flexibility does GoStudent's hybrid model offer families?

GoStudent's hybrid model allows families to switch between offline and online tutoring based on their preferences and circumstances.

How many families does GoStudent currently support and how many tutoring lessons does it arrange globally every month?

GoStudent currently supports over 11 million families across 15 countries and arranges over 1 million tutoring lessons globally every month.

What is GoStudent's commitment as a tutoring platform?

GoStudent is committed to providing innovative and effective educational solutions to students worldwide through the integration of AI and VR technologies on its platform.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

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