USA – Tutored by Teachers, a NYC-based EdTech startup, raised over $10m in Series A funding.
The round was led by GSV Ventures with participation from new investors TMV and A-Street Ventures, who joined early supporters NewSchools Venture Fund, former Charlotte-Mecklenburg Schools superintendent and TbT advisor Peter Gorman, and noted edtech founders Sidharth Kakkar (Freckle, acquired by Renaissance) and Neal Taparia (Imagine Easy Solutions, acquired by Chegg).The company intends to use the funds to expand its teacher community and increase capacity to serve more than 10,000 K-12 students this year. Led by Shaan Akbar and Rahul Kalita TbT employs an evidence-based approach to partner directly with schools to match high-need, under-served students with supplemental, small-group virtual instruction from highly qualified, certified teachers – while offering teachers the compensation they deserve and opportunities to grow into education management roles within TbT. The program has already started in some of the nation’s largest cities, including Philadelphia, New York, Los Angeles, Indianapolis and Charlotte. 25/02/2022
