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Tutorful, a platform that connects students with tutors across the UK has secured a £3.2 million investment from NVM Private Equity (NVM). The investment will be used to grow the rapidly expanding online tutoring business, by building out a suite of tools and curriculum-aligned content that helps tutors deliver exceptional quality lessons.
Provides private tutors for home tuition in any subject
£3.2 million development capital
Sheffield based Tutorful was co-founded in 2015 by CEO Mark Hughes, a technology analyst who created the business with a simple aim; to take the hassle out of finding a private tutor.
The platform helps parents and students to find the best local tutors for one-to-one tuition, either face to face, or via an innovative online classroom. With over 11,000 registered tutors covering 300+ subjects, and catering for early years all the way up to PhD level, site users can freely browse and review profiles of top-quality tutors based on subject area, level and proximity to their post code.
The UK private tutoring market is worth over £2 billion a year. There are 9 million school age children in the UK – 11% received private tuition in 2018, up from 6% a decade earlier and tuition for adult learners is on the rise with 1 in 5 university students seeking extra help. Additionally, the global tuition industry is worth $100 billion per year.