Tech Company Financing Transactions
Varsity Tutors Funding Round
Varsity Tutors, based in St. Louis, secured $57 million from private investors and TCV.
Transaction Overview
Company Name
Announced On
11/11/2015
Transaction Type
Venture Equity
Amount
$57,000,000
Round
Series B
Investors
Proceeds Purpose
The capital will be used to fund product improvements related to Varsity Tutors' core online live tutoring technology, its mobile applications and its backend infrastructure and logistics systems, as well as further the company's growth toward becoming the world's largest source of free, professional-grade academic content.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
Undisclosed
St. Louis, MO 63105
USA
St. Louis, MO 63105
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
We require the most rigorous qualifications of tutors, in addition to a background check. Only a tiny fraction of those candidates who apply ultimately make it through our demanding interview process.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chuck Cohn
Chief Financial Officer
Mark Simner
Chief Operating Officer
Ian Clarkson
VP - Customer Service
James Coyle
VP - General Counsel
Chris Swenson
VP - Marketing
Greg Stahl
VP - Product Management
Heidi Robinson
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