# GoStudent becomes Europe’s newest Ed-Tech unicorn at a €1.4B valuation Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2021-08-13 Category: BUSINESS Category URL: https://financedigest.com/category/business Meta Title: Vienna-Based GoStudent Hits Unicorn Status With €205M Meta Description: GoStudent becomes the highest valued K12 Ed-Tech company in Europe after securing its unicorn status with a €205M Series C investment led by DST Global. URL: https://financedigest.com/gostudent-becomes-europes-newest-ed-tech-unicorn-at-a-e1-4b-valuationhtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/college-students-using-laptop-on-campus-lawnsy31bntbo-1736838020264-compressed.jpg) - GoStudent achieves unicorn status, securing its position as the highest valued K12 Ed-Tech company in Europe - €205M Series C investment was led by new investor DST Global - GoStudent hits this milestone achievement less than 2.5 years after finding its current business model - Each month GoStudent books more than 400k tutoring sessions and grows by 700% year-on-year Vienna-based Ed-Tech scale-up [GoStudent](https://www.gostudent.org/en), which provides one-to-one video-based online tutoring, has hit unicorn status less than 2.5 years after finding its current business model, following a successful Series C funding round of €205M. This comes just months after the completion of GoStudent’s €70M [Series B round](https://www.financedigest.com/optable-closes-20-million-series-a-financing-broadens-investor-syndicate-in-new-round.html "Optable Closes Million Series A Financing, Broadens Investor Syndicate in New Round") in March 2021.  The Series C investment is led by DST Global with participation from additional new investors including SoftBank Vision Fund 2 [\[1\]](#_ftn1), Tencent, Dragoneer and existing investors Coatue, Left Lane Capital and DN Capital. The trust and enthusiasm of both new and existing investors indicates a [strong conviction in the continued exponential growth](https://www.financedigest.com/swedish-match-continues-to-see-strong-smoke-free-sales-growth.html "Swedish Match continues to see strong smoke-free sales growth") of the online education scale-up, and the global need for online and accessible tutor-led learning. With a valuation of €1.4B GoStudent becomes the highest [valued K12 Ed-Tech company](https://www.financedigest.com/how-companies-get-value-from-data-science-production.html "How Companies Get Value from Data Science Production") in Europe to date. With the additional financing, GoStudent’s total amount raised comes to +€291M. The [investment will primarily be used to further drive global](https://www.financedigest.com/volkswagen-to-invest-in-mines-in-bid-to-become-global-battery-supplier.html "Volkswagen to invest in mines in bid to become global battery supplier") expansion. With a presence in 15 countries, GoStudent will continue to strengthen its position as the market [leader for K12 online tutoring in Europe](https://www.financedigest.com/infosecurity-europe-agenda-spotlights-innovation-as-security-leaders-address-cybersecurity-spend-in-the-face-of-economic-headwinds.html "Infosecurity Europe agenda spotlights innovation as security leaders address cybersecurity spend in the face of economic headwinds"). Over the past months, the rapidly growing Ed-Tech [company has expanded its team to more than 500 employees and has opened 12 offices](https://www.financedigest.com/hundreds-of-tyson-foods-employees-to-depart-as-company-closes-offices-wsj.html "Hundreds of Tyson Foods employees to depart as company closes offices – WSJ"), including new locations in Athens, Istanbul and Amsterdam. In addition to further [developing its presence in Europe](https://www.financedigest.com/edf-edison-ansaldo-team-up-to-develop-nuclear-power-in-europe.html "EDF, Edison, Ansaldo team up to develop nuclear power in Europe"), GoStudent will also be expanding overseas, and plans to launch in Mexico and Canada this summer. The scale-up will also [invest in branding](https://www.financedigest.com/5-compelling-reasons-that-you-should-invest-in-branding.html "5 Compelling Reasons That You Should Invest In Branding"), product development and first acquisitions. GoStudent grows approximately 30% month-over-month and books +400,000 tutoring sessions each month. By the end of 2021, GoStudent [aims to be present in over 20 countries across the globe and will double](https://www.financedigest.com/geelys-ev-brand-zeekr-aims-to-double-sales-in-2023-expand-in-europe.html "Geely’s EV brand Zeekr aims to double sales in 2023, expand in Europe") its team to more than 1,000 employees and 10,000 tutors. Felix Ohswald, [co-founder and CEO](https://www.financedigest.com/anthony-di-iorio-joins-bancor-co-founder-and-bittrex-ceo-on-stormx-advisory-board.html "Anthony Di Iorio Joins Bancor Co-Founder and Bittrex CEO on StormX Advisory Board") of GoStudent comments: “At the heart of GoStudent is our mission to build the No. 1 Global School. The new investment and the resulting opportunities for [continued international growth](https://www.financedigest.com/multilocal-hires-new-directors-as-steep-growth-trajectory-continues.html "Multilocal hires new directors as steep growth trajectory continues") bring us one step closer to fulfilling our mission.” Gregor Müller, co-founder, and COO of GoStudent added: “We are thrilled to receive such [support from both existing and new investors as we continue](https://www.financedigest.com/adnami-appoints-burnett-and-bukholt-to-support-continued-expansion.html "Adnami appoints Burnett and Bukholt to support continued expansion") on our mission to revolutionise education worldwide. By connecting every student with their ideal tutor we [solve the fundamental problem](https://www.financedigest.com/british-start-up-reveals-the-secret-to-solving-the-problem-of-identity-fraud.html "British start up reveals the secret to solving the problem of identity fraud") of lacking access to top teachers and, in turn, we make affordable, hiqh-quality education widely available.” **About GoStudent:** GoStudent is a [platform for online](https://www.financedigest.com/jetlearn-the-worlds-first-web-3-0-online-academy-for-k-12-raises-e1-2m-in-seed-round-to-launch-its-platform-in-the-uk.html "JetLearn, the world’s first Web 3.0 online academy for K-12, raises €1.2m in seed round to launch its platform in the UK") teaching and is the future of tutoring. The EdTech company was founded in Vienna in 2016 by Felix Ohswald (CEO) and Gregor Müller (COO). Currently, GoStudent is [operational in 15 markets](https://www.financedigest.com/augmented-reality-ar-virtual-reality-vr-to-dictate-the-growth-of-mobile-operating-tables-market.html "Augmented Reality (AR)/Virtual Reality (VR) to dictate the growth of Mobile Operating Tables Market"). [Via its platform](https://www.financedigest.com/valuetrades-drives-time-and-cost-savingswith-uc-platform-from-via.html "Valuetrades Drives Time and Cost SavingsWith UC Platform From VIA"), GoStudent provides paid, one-to-one, video-based tuition to primary, secondary and college-aged students in 20+ subjects, using a membership model. Various investors such as Left Lane Capital, DN Capital, Coatue and DST Global have already [invested a total of 291 million euros](https://www.financedigest.com/germanys-merck-to-invest-300-million-euros-in-us-gas-plant.html "Germany’s Merck to invest 300 million euros in US gas plant") in the rapidly growing platform. GoStudent employs more than 500 people, works with 5,500 tutors and has [opened 12 international offices](https://www.financedigest.com/italian-mattress-giants-magniflex-are-set-to-open-their-first-uk-office.html "Italian Mattress Giants Magniflex are Set to Open Their First UK Office"). Over 400,000 tutoring units are booked each month. [www.gostudent.org](https://www.gostudent.org/en) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---