January 13

GoStudent Successfully Raises $340 Million Series D Funding Round as It Pushes Into International Markets

By Nitin Naresh

Fresh from raising a $244 million Series C (that valued the company then $1.7 billion) back in June, K12 online tutoring marketplace GoStudent has now raised a $340 million Series D round led by new investor Prosus, an Amsterdam-based investment firm best known for investing in Latin American and US-based LatinX internet properties. GoStudent expanded to Mexico this year.

Also participating was Deutsche Telekom, SoftBank Vision Fund 2, Tencent, Dragoneer, Left Lane Capital and Coatue.

That makes $669M raised since GoStudent was founded in Vienna in 2016, giving it a notional $3.5BN / €3BN valuation.

Source: Inventiva (link opens in a new window)

EdTech, education, funding, technology