sofatutor is a Berlin-based edtech company that provides an educational content platform for primary and secondary schools. It offers short learning and explanatory videos, interactive exercises, downloadable worksheets and a homework chat, all adapted to the full school syllabi. The platform comprises over 14,000 videos and the company reports more than 200,000 users across Germany, Austria and Switzerland. sofatutor employs over 100 people. The company intends to use the €3M funding to accelerate customer acquisition and expand its content offering. Founded in 2009, the company is led by COO Colin Schlüter and CEO Stephan Bayer. Sofatutor is an online video-based ed-tech service focused on the German-speaking market (Germany, Austria and Switzerland) that provides learning materials for all school grades. The platform hosts roughly 11,000 videos and has over 75,000 users. Subscriptions start at €14.95 per month and the company employs about 100 full-time staff. Sofatutor has maintained a paid-for tuition model since launch and competes with local offerings such as bettermarks.com, scoyo.com, and Tutoria.de. The newly raised funds will be used for product development, content creation and marketing to consolidate its position in the region. The company previously raised a “low million euro” round in 2012 from Acton Capital Partners and the current financing is its third funding round. Sofatutor.com provides learning content via more than 7,700 videos paired with interactive tests and a live chatroom where professional teachers answer students’ questions. The service is delivered on a subscription basis, with plans ranging three to twelve months and starting at €14.95 per month. The platform claims about 30,000 users across Germany who use it for homework help and exam preparation. Sofatutor says it now covers the entire German school curriculum after expanding to include elementary school material. The company plans to use new capital to tap new market segments and regions and to expand into other European markets outside Germany. Founded in 2008 and based in Berlin, Sofatutor positions itself as a leading digitized tutoring provider in the German education market. Sofatutor operates a platform of short video tutorials covering various subjects and levels, including over 2,000 clips focused on high school and basic college maths. Tutorials are produced by former teachers, tutors and students who receive a revenue share when people sign up; Sofatutor’s experts vet video quality before upload. The company prices its offering at approximately €8–14 per month, positioning itself as a low-cost alternative to private tutoring. Sofatutor cites the German private-tutoring market as roughly €2 billion and has attracted subscribers by undercutting offline tutoring costs. The company plans to use new funding to expand content and increase marketing. Founded in 2008 in Berlin and launched in 2009, Sofatutor has not yet expanded outside Germany.

Total raised

$9M

Funding rounds

4

Latest round

Equity

Latest activity

Feb 2018