Vienna-based GoStudent nabs €70 million to expand its e-learning platform

GoStudent, the Vienna-based e-learning startup, has finished a €70 million Series B round drove by new financial backer Coatue along with existing accomplices Left Lane Capital and DN Capital, just a brief time after the expansion of its Series A.

Established in 2016, GoStudent's advanced learning stage brings understudies of any age along with deliberately chose instructors in a virtual one-on-one homeroom setting. The way that this advanced schooling offer has demonstrated mainstream with numerous guardians has inspired the organizers Felix Ohswald (who we talked with a year ago) and Gregor Müller to proceed with the fast development.

The financing will be utilized to additional drive the internationalization of GoStudent, propelling the presence in huge mentoring markets like France, Spain, Italy, the UK, and Ireland. Turkey and Greece will be dispatched in the principal half of 2021 among different nations. Furthermore, GoStudent will put profoundly in marking and item improvement. Before the year's over, GoStudent means to be available in any event 15 nations across Europe and develop its group to +800 representatives and +10,000 mentors.