About MyTutor
MyTutor is a company based in London (United Kingdom) founded in 2013 by James Harry Spencer Grant was acquired by IXL Learning in May 2025.. MyTutor has raised $45.36 million across 8 funding rounds from investors including SEEK, IXL Learning and Mobeus Equity Partners. The company has 71 employees as of September 30, 2020. MyTutor has completed 1 acquisition, including Fire Tech Camp. MyTutor operates in a competitive market with competitors including Spires, Melio, Trots and Tavistock Tutors, among others.
- Headquarter London, United Kingdom
- Employees 71 as on 30 Sep, 2020
- Founders James Harry Spencer Grant
- Stage Minicorn
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name My Tutorweb Limited
- Date of Incorporation 21 Jun, 2013
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
$33.38 M (USD)57as on Dec 31, 2022
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Net Profit
$-8.77 M (USD)3as on Dec 31, 2022
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EBITDA
$-9.38 M (USD)-1as on Dec 31, 2022
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Total Equity Funding
$45.36 M (USD)
in 8 rounds
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Latest Funding Round
$5.8 M (USD), Series C
Jul 07, 2023
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Investors
SEEK
& 6 more
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Employee Count
71
as on Sep 30, 2020
- Investments & Acquisitions
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Acquired by
IXL Learning
(May 30, 2025)
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Funding Insights of MyTutor
MyTutor has successfully raised a total of $45.36M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $5.8 million completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series C — $5.8M
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First Round
First Round
(03 Apr 2014)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series C - MyTutor | Valuation |
investors |
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| May, 2021 | Amount | Series C - MyTutor | Valuation | SEEK | |
| May, 2020 | Amount | Series B - MyTutor | Valuation | Mobeus Equity Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MyTutor
MyTutor has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include SEEK, IXL Learning and Mobeus Equity Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Jobs are matched online with users' skills across multiple industries.
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Founded Year | Domain | Location | |
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TH
Thomas Hoegh |
Norwegian investor in Indian startups, founder of Arts Alliance
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MyTutor
MyTutor has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Fire Tech Camp. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of online slot games with high payout potential
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2012 |
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|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MyTutor
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mytutor Comparisons
Competitors of MyTutor
MyTutor operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Spires, Melio, Trots and Tavistock Tutors, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
An online marketplace for tutoring is operated by Spires.
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| domain | founded_year | HQ Location |
Melio was operated as a health results access platform.
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| domain | founded_year | HQ Location |
Online platform connecting students with tutors for UK academic subjects.
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| domain | founded_year | HQ Location |
Connects learners with school and university tutors via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mytutor
Frequently Asked Questions about MyTutor
When was MyTutor founded?
MyTutor was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is MyTutor located?
MyTutor is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is MyTutor a funded company?
MyTutor is a funded company, having raised a total of $45.36M across 8 funding rounds to date. The company's 1st funding round was a Series B of $4.96M, raised on Apr 03, 2014.
How many employees does MyTutor have?
As of Sep 30, 2020, the latest employee count at MyTutor is 71.
What is the annual revenue of MyTutor?
Annual revenue of MyTutor is $33.38M as on Dec 31, 2022.
What does MyTutor do?
Provider of tutoring platform for students. It offers tutoring solutions for GCSE, A-Level, IB, along with solutions for writing personal statements, medical school exams, and university admission. Subjects taught are languages, maths, science, and more. Students can search for tutors based on subjects, location, and more and can shortlist tutors based on the profile of tutors. The sessions are one-to-one and are conducted via a virtual classroom with an interactive whiteboard where tutors and students can work simultaneously.
How many acquisitions has MyTutor made?
MyTutor has made 1 acquisition, including Fire Tech Camp.
Who are MyTutor's investors?
MyTutor has 7 investors. Key investors include SEEK, IXL Learning, Mobeus Equity Partners, Thomas Hoegh, and Stephen Welton.
What is MyTutor's valuation?
The valuation of MyTutor is $36M as of May 2020.
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