Funding round
GoStudent Series A
GoStudent, which works in personalized online tutoring services in Vienna, raised $5.9M in a Series A round announced on 25 Nov 2020, led by DN Capital and Left Lane Capital. 2 firms took part. It is GoStudent's first venture round on record.
$5.9M
Amount raised
5,000,000 EUR converted
Not disclosed
Post-money valuation
2
Investors
2 leads
Valuation
What this round says about the price
GoStudent did not disclose a valuation in this round. It is GoStudent's first venture round on record, 4 years after it was founded in 2016. It is under 1% of the $767M GoStudent has raised in the venture rounds on record. GoStudent raised again 4 months later: a Series B round of $82M in Mar 2021. Its next priced round, a Series C in Jun 2021, valued it at $1.67B.
GoStudent's funding rounds
GoStudent has 5 venture rounds on record. This one is highlighted.
Investors
Who put money in
DN Capital and Left Lane Capital led the round.
Lead investors
- backs 55 venture-backed companies new investor
- backs 77 venture-backed companies new investor
Joined the board: Vinny Pujji (Left Lane Capital) and Nenad Marovac (DN Capital).
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion, sales and marketing, scaling operations and working capital.
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
12 Series A rounds in Learning, Tutoring & Courses within a year either side disclosed an amount; the median was $10M, and this round was 58% of the median. The closest in time, other companies' Series A rounds in Learning, Tutoring & Courses:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Learning, Tutoring & Courses | 19 Jan 2021 | $7.5M | not disclosed | Owl Ventures |
| Learning, Tutoring & Courses | 26 Aug 2020 | $11M | not disclosed | Forerunner |
| Learning, Tutoring & Courses | 20 Apr 2021 | $10M | not disclosed | Alpha Wave Global and GSV Ventures |
| Learning, Tutoring & Courses | 6 May 2021 | $15M | not disclosed | DvH Ventures |
| Learning, Tutoring & Courses | 20 Jul 2021 | $26M | $100M | IDG Capital |
| Learning, Tutoring & Courses | 29 Jul 2021 | $5.0M | not disclosed | not named |
| Learning, Tutoring & Courses | 12 Jul 2021 | $3.8M | not disclosed | IAN Fund |
| Learning, Tutoring & Courses | 19 Jul 2021 | $1.0M | not disclosed | Inflection Point Ventures |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did GoStudent raise in its Series A round?
GoStudent raised $5.9M in its Series A round, announced in Nov 2020.
Who led GoStudent's Series A round?
DN Capital and Left Lane Capital led it.
What was GoStudent's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Learning, Tutoring & Courses?
12 Series A rounds in Learning, Tutoring & Courses within a year either side disclosed an amount; the median was $10M, and this round was 58% of the median.
Did GoStudent raise again after this round?
Yes: a Series B round in Mar 2021 of $82M.