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.
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.
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