Varsity Tutors, an education technology startup that combines live experts with an online and mobile platform for learners announced this week the closure of a $50 million Series C funding round. The St. Louis-based startup is co-headquartered in Seattle and has grown rapidly to fifty staff members since opening only two years ago.
With funding from organizations such as the Chan Zuckerberg Initiative, Varsity is looking to expand to new international markets, providing its services beyond the U.S. Just last year, Varsity Tutors bought First Tutors, the No.1 tutoring marketplace in the U.K. Chuck Cohn, founder and CEO said additional funding “will further accelerate our Seattle footprint. We have several jobs open in Seattle to support the refinement of our existing products and the development of new ones, including roles for machine learning engineering expertise, data science, product management, and design.”
Varsity Tutors opened its co-headquarters in the Greater Seattle area in April of 2016, among many companies to locate a technology focused office in the Puget Sound region. Originating in St. Louis, Varsity Tutors connects experts with students from grade school to graduate school age, through its website and mobile platform. Currently, students can access more than 40,000 experts in over 1,000 subjects and tests.
Like Google, Microsoft, and Facebook, Varsity Tutors chose Greater Seattle to tap into the abundance of tech talent available in the region. The company’s Seattle location has become a hub for product, marketing, design, and software development.