The online tutoring industry in the US has grown into a thriving ecosystem, providing students of all ages with access to educational support via digital platforms. Companies in this sector offer a wide range of services, from one-on-one tutoring sessions to interactive workshops on various subjects. With advances in technology, online tutoring has become more personalized and flexible, catering to individual learning needs. As the demand for remote education continues to rise, innovations in artificial intelligence and adaptive learning models are set to shape the industry’s future, making quality education more accessible than ever before.

The list of investors features a mix of venture capital firms and corporate entities, predominantly located in tech hubs like San Francisco and New York. Founded between 1998 and 2023, these investors range from small teams of just a few employees to large organizations managing significant assets. In terms of deal counts for 2024, some like Y Combinator made a remarkable 802 investments, while others, such as NewSchools Venture Fund, maintained a focused approach. This combination reflects different strategies and interests within the online tutoring space as they aim to drive innovation and growth.

Top 13 Online Tutoring Investors in the US

1. Y Combinator

• Website: ycombinator.com
• Type: Venture Capital
• Headquarters: San Francisco, California, United States (USA)
• Founded year: 2005
• Headcount: 51-200
• Number of deals in 2024: 802
• LinkedIn: y-combinator

Y Combinator is a prominent startup accelerator and venture capital firm based in San Francisco, California, founded in 2005. It specializes in providing funding and mentorship to early-stage technology companies, helping entrepreneurs launch and grow their businesses through structured programs and resources like the Startup School. Y Combinator has successfully launched over 4,000 startups, establishing itself as a key player in the technology startup ecosystem. Among its notable investments in the online tutoring space are Outschool, which raised $45 million in a Series B round in 2020 and has been pivotal in offering a marketplace for live online classes for K-12 students. Additionally, Y Combinator has invested in Cambly, a platform that connects students with English language tutors, further solidifying its commitment to the online education sector.

2. Government of Canada

• Website: canada.ca
• Type: Corporate
• Headquarters: Canada, Kentucky, United States (USA)
• Founded year: 1999
• Headcount: 10001+
• Number of deals in 2024: 137
• LinkedIn: government-of-canada

The Government of Canada is a public entity that provides a wide range of services and information to Canadian citizens and residents, addressing needs such as employment, immigration, health care, and taxation. Founded in 1999, it operates through multiple departments and agencies to ensure access to essential services and support for individuals and businesses across the country. In the context of online education, the Government of Canada has made notable investments, including grants to Voilà Learning, which raised $195,875 in 2016, and My First Montessori School Online, which received funding in 2023. These transactions highlight the government's role in promoting online learning and educational resources, demonstrating its commitment to enhancing educational opportunities in the digital space.

3. 500 Global

• Website: 500.co
• Type: Venture Capital
• Headquarters: San Francisco, California, United States (USA)
• Founded year: 2010
• Headcount: 201-500
• Number of deals in 2024: 98
• LinkedIn: 500-startups

500 Global is a venture capital firm and startup accelerator based in San Francisco, California, founded in 2010. The firm specializes in investing in early-stage technology companies, providing not only funding but also mentorship and resources to help founders scale their businesses. With a global focus, 500 Global has made significant investments in the education technology sector, particularly in online tutoring and academic assistance platforms. Notable transactions include their participation in Studypool, a marketplace for academic help that raised $1.2 million in seed funding, and AmazingTalker, which raised $15.5 million in Series A funding to expand its educational services. Additionally, they invested in Synkers, a Lebanese edtech app that raised $1.8 million in Pre-series A funding. These investments highlight 500 Global's active role in supporting innovative educational startups, particularly those that enhance online tutoring and learning experiences.

4. Goodwater Capital

• Website: goodwatercap.com
• Type: Venture Capital
• Headquarters: Burlingame, California, United States (USA)
• Founded year: 2014
• Headcount: 51-200
• Number of deals in 2024: 41
• LinkedIn: goodwater-capital

Goodwater Capital is a venture capital firm based in Burlingame, California, founded in 2014. The firm specializes in consumer technology and supports seed-stage entrepreneurs by providing investment, resources, and a community to help them grow. Goodwater Capital focuses on various sectors, including healthcare and financial services, but has also shown a strong interest in the education technology space. They have made notable investments in companies such as Marathon Education, which raised $5.1 million in a seed round, and Mentor Match, which raised $1 million in a pre-seed round. These transactions highlight their engagement in the online tutoring and educational technology sectors, demonstrating their commitment to improving access to educational resources and solutions.

5. NewSchools Venture Fund

• Website: newschools.org
• Type: Venture Capital
• Headquarters: Oakland, California, United States (USA)
• Founded year: 1998
• Headcount: 11-50
• LinkedIn: newschools-venture-fund

NewSchools Venture Fund is a not-for-profit venture capital organization founded in 1998, based in Oakland, California. The fund is dedicated to improving education by providing funding and support for innovative educational ventures. They collaborate with educators, school districts, and technology developers to enhance learning outcomes and address challenges in the education sector. Notably, NewSchools has participated in funding rounds for several educational technology companies, including Tutored by Teachers, an online tutoring platform that raised over $10 million in Series A funding. They have also been involved with other educational startups like ZEARN, NoRedInk, Tynker, and Nearpod, which focus on various aspects of education, including online learning and tutoring. Their commitment to supporting innovative educational solutions positions them as a significant player in the online tutoring landscape.

6. GSV Ventures

• Website: gsv.ventures
• Type: Venture Capital
• Headquarters: San Francisco, California, United States (USA)
• Founded year: 2016
• Headcount: 11-50
• Number of deals in 2024: 9
• LinkedIn: gsvventures

GSV Ventures is a venture capital firm based in San Francisco, California, founded in 2016. The firm specializes in investing in education technology companies, providing insights and analysis on the digital learning landscape. They are known for hosting the ASU+GSV Summit, which connects leaders in education technology. GSV Ventures has been involved in several notable transactions, particularly in the online tutoring context. For instance, they led a Series A funding round for Tutored by Teachers, an online tutoring platform that raised over $10 million to expand its teacher community and serve more K-12 students. Additionally, they have invested in CoLearn, an Indonesian edtech startup, and Filo, further showcasing their active role in the education technology sector.

7. Reach Capital

• Website: reachcapital.com
• Type: Venture Capital
• Headquarters: San Francisco, California, United States (USA)
• Founded year: 2015
• Headcount: 11-50
• Number of deals in 2024: 17
• LinkedIn: reach-capital

Reach Capital is a venture capital firm founded in 2015, based in San Francisco, California. The firm specializes in early-stage investments across the learning, health, and work sectors, aiming to empower entrepreneurs with innovative solutions to significant challenges. Notably, Reach Capital has been actively involved in the online tutoring space, particularly through its investments in Paper, a leading provider of academic support. Reach Capital participated in several funding rounds for Paper, including a $7.5 million Series A in March 2020, an $11 million Series B in December 2020, a $100 million Series C in June 2021, and a $270 million Series D in February 2022. These transactions highlight Reach Capital's commitment to enhancing educational access and support, making it a relevant player in the online tutoring industry.

8. Learn

• Website: learn.vc
• Type: Venture Capital
• Headquarters: Austin, Texas, United States (USA)
• Founded year: 2009
• Headcount: 11-50
• Number of deals in 2024: 4
• LinkedIn: learn-capital

Learn is a venture capital firm based in Austin, Texas, founded in 2009. The firm specializes in providing capital and capabilities to entrepreneurs, particularly in the technology and education sectors. Learn is dedicated to nurturing innovative ventures that promote human flourishing and address significant societal challenges. Among their notable investments in the online tutoring context are Varsity Tutors, a prominent edtech company that raised $50 million in a Series C funding round, and Outschool, a community marketplace for live online classes for K-12 students, which received seed funding of $1.4 million. Additionally, Learn has invested in Brainly, a social learning platform that has raised significant funds across multiple rounds, including $80 million in Series D funding. These transactions highlight Learn's commitment to supporting companies that enhance educational access and quality through technology.

9. Owl Ventures

• Website: owlvc.com
• Type: Venture Capital
• Headquarters: San Francisco, California, United States (USA)
• Founded year: 2014
• Headcount: 11-50
• Number of deals in 2024: 7
• LinkedIn: owl-ventures-lp

Owl Ventures is a venture capital firm based in San Francisco, California, founded in 2014. The firm specializes in education technology, investing in innovative EdTech startups to provide them with funding, strategic guidance, and mentorship. Their portfolio includes various companies that develop tools and services aimed at improving learning outcomes for students and educators. Notably, Owl Ventures has made significant investments in companies like Preply, which raised $42 million in a Series C round in July 2023, and previously in March 2021, they co-led a Series B round for Preply, raising approximately €29.4 million. These investments demonstrate Owl Ventures' commitment to enhancing online learning experiences, making them a key player in the online tutoring sector.

10. Rethink Capital Partners

• Website: rethink.vc
• Type: Corporate
• Headquarters: White Plains, New York, United States (USA)
• Founded year: 2012
• Headcount: 11-50
• Number of deals in 2024: 3
• LinkedIn: rethink-capital-partners

Rethink Capital Partners is an investment firm based in White Plains, New York, specializing in impact investing across various sectors, including real estate and venture capital. Founded in 2012, the firm focuses on aligning financial returns with positive societal impact, particularly in education, food, and healthcare. Notably, Rethink Capital Partners has made several key investments in the online tutoring and educational technology space. They invested in Upswing, which raised $2 million in a seed round in 2019, and $1.5 million in a venture round in 2017, both aimed at enhancing student success through online support. Additionally, they participated in NoRedInk's Series A funding, which raised $6 million in 2015, a platform designed to help students improve their writing skills. Most recently, Rethink Capital Partners led a $10 million Series A round for Ignite Reading in February 2023, followed by a $36.75 million Series B round in October 2024, focusing on scaling literacy programs in schools. These transactions highlight Rethink Capital Partners' active role in supporting innovative educational solutions, making them a relevant player in the online tutoring industry.

11. Tiger Global

• Website: tigerglobal.com
• Type: Venture Capital
• Headquarters: New York, New York, United States (USA)
• Founded year: 2001
• Headcount: 51-200
• Number of deals in 2024: 25
• LinkedIn: tiger-global-management

Tiger Global Management, LLC is a prominent investment firm based in New York, specializing in both public and private equity investments. Founded in 2001, the firm manages approximately $50 billion and focuses on innovative companies leveraging technology. Among its notable investments is Vedantu, an edtech startup based in Bengaluru, which has raised substantial funding from Tiger Global across several rounds, including $5 million in Series A, $42 million in Series C, $24 million in another Series C, $100 million in Series D, and $100 million in Series E. Vedantu aims to revolutionize the tutoring market with its platform for online and live one-on-one tutoring, emphasizing personalized education and accessibility. Tiger Global's participation in these funding rounds highlights its interest in the online tutoring space and its commitment to supporting educational technology.

12. Deep Tech Fund (an Alumni Ventures Fund)

• Website: av.vc
• Type: Venture Capital
• Headquarters: Manchester, New Hampshire, United States (USA)
• Founded year: 2023
• Headcount: 51-200
• Number of deals in 2024: 258
• LinkedIn: deep-tech-fund-av-focused-fund

The Deep Tech Fund, part of Alumni Ventures, is a venture capital firm based in Manchester, New Hampshire, founded in 2023. It provides accredited investors and institutions with access to professionally-managed, diversified venture portfolios. With a network of over 10,000 investors, the firm focuses on connecting them with high-quality investment opportunities in the startup ecosystem. Notably, the fund has been involved in several significant transactions in the online tutoring sector, including Numerade, which raised $26 million to enhance its AI tutor technology, and Synthesis School, which secured $5 million in funding to support its educational initiatives. These investments highlight the fund's commitment to supporting innovative educational solutions and technologies.

13. SV Angel

• Website: svangel.com
• Type: Venture Capital
• Headquarters: San Francisco, California, United States (USA)
• Founded year: 2009
• Headcount: 1-10
• Number of deals in 2024: 44
• LinkedIn: sv-angel

SV Angel is a venture capital firm based in San Francisco, California, founded in 2009. The firm specializes in early-stage and growth-stage investments in the technology sector, providing financial backing, strategic advice, and access to a vast network of industry experts. SV Angel has been involved in several notable transactions in the online tutoring space, most prominently with Outschool, a community marketplace for live online classes for K-12 students. They participated in Outschool's seed funding in 2016, as well as in subsequent Series B and D funding rounds, contributing to the company's growth and expansion. Additionally, SV Angel invested in Cambly, an online platform that connects students with English language tutors, further showcasing their commitment to the online education sector. Their mission is to foster innovation and help startups navigate the challenges of business development, making them a supportive partner for companies in the online tutoring industry.

Online Tutoring Insights: Key Investors in the US

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