Studeo secures £960k pre-seed funding from Jenson Funding Partners and Sequoia to expand subject offerings and markets.
The pre-seed round was backed by Jenson Funding Partners and Sequoia to fund international expansion and new subject development.
Studeo is a digital tutoring platform that provides affordable remote learning tools for students. The company offers short video lessons with integrated exercises to improve educational accessibility.
Studeo has secured £960k in pre-seed funding from backers including Jenson Funding Partners and Sequoia. The capital will be deployed to expand the platform's subject offerings into sciences and grow its geographic footprint beyond the UK and France. The company aims to make private tutoring more accessible through a digital format.
From the founder
"There’s a serious gap in the quality of education that is available to students. Tutoring costs between £50 and £150 per session, so a huge portion of the population simply can’t afford tutors in the traditional format. This is why we’ve created an affordable model with a digital design. Having the full support of Jenson, and now joining the Sequoia accelerator, we’re excited about the road ahead."
Nicolas Levandowsky
Founder and CEO at Studeo
Investor perspective
"We’ve seen an incredible amount of innovation take place in direct response to the pandemic, especially where education is concerned. We’re proud to get behind Nicolas, Antonin and the Studeo team as they set out to democratise tutoring and make a positive societal impact."
Jeffrey Faustin
Partner and CIO, Jenson Funding Partners
Use of funds
- 01Continue product development
- 02Expand into international markets