# Varsity Tutors

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/varsity-tutors

- Industry: Internet
- Headquarters: St. Louis, US
- Website: www.varsitytutors.com
- Total disclosed funding: $100M
- Latest round: Series C (Feb 14, 2018)
- Investors on record: 3

## About

Based in Missouri, US, and founded in 2007, Varsity Tutors LLC operates as a provider of an online educational resources platform for private tutoring. The company was founded by Chuck Cohn based on his educational experiences with struggles to find the right resources to tutoring for one of his courses during his time in university. In August 2020, they launched a homeschooling option while onboarding 120 full-time educators.

The Varsity Tutors online platform connects and matches tutors to students in large groups, small groups, or one-on-one tutoring sessions.

Varsity Tutors’ revenue is generated by providing online tutoring and learning services to students. The company plans to go public via a special purpose acquisition company in 2021.

## Funding rounds

- Series C, Feb 14, 2018, $50M — TCV, Learn Capital, Chan Zuckerberg Initiative
- Series B, Nov 10, 2015, $50M — TCV

## Investors

- TCV (https://capitalatlas.ai/funds/tcv) — Series B, Series C
- Learn Capital (https://capitalatlas.ai/funds/learn-capital) — Series C
- Chan Zuckerberg Initiative (https://capitalatlas.ai/funds/chan-zuckerberg-initiative) — Series C