About Third Space Learning
Third Space Learning is a company based in London (United Kingdom) founded in 2013.. Third Space Learning has raised $16.32 million across 6 funding rounds from investors including Telefónica, Nesta and Wayra. Third Space Learning offers products and services including Maths Tutoring Programmes and AI Voice Tutor. Third Space Learning operates in a competitive market with competitors including Paper, MyTutor, Tutored by Teachers, Think Through Math and Beyondskool, among others.
- Headquarter London, United Kingdom
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Sectors
Education
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Phone
*********
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Website
*********
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Social
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- Legal Name Virtual Class Ltd
- Date of Incorporation 19 Oct, 2012
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16.32 M (USD)
in 6 rounds
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Latest Funding Round
$5.75 M (USD), Series A
Nov 27, 2020
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Investors
Telefónica
& 10 more
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Employee Count
Employee Count
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Products & Services of Third Space Learning
Third Space Learning offers a comprehensive portfolio of products and services, including Maths Tutoring Programmes and AI Voice Tutor. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Personalized online maths tutoring for school students
AI-driven maths tutoring for primary and secondary levels
Unlock access to complete
Funding Insights of Third Space Learning
Third Space Learning has successfully raised a total of $16.32M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $5.75 million completed in November 2020. 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 6
- Last Round Series A — $5.7M
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First Round
First Round
(01 Nov 2013)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Series A - Third Space Learning | Valuation | Downing Ventures , UCL Technology Fund |
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| Jun, 2018 | Amount | Series A - Third Space Learning | Valuation | UCL Technology Fund , Downing Ventures | |
| Jul, 2015 | Amount | Series A - Third Space Learning | Valuation | Nesta , Ananda Impact Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Third Space Learning
Third Space Learning has secured backing from 11 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Telefónica, Nesta and Wayra. 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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Founded Year | Domain | Location | |
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Venture capital firm focused on physical and life sciences companies
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Founded Year | Domain | Location | |
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Ananda Impact Ventures is focused on impact-driven investments.
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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 Third Space Learning
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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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 |
Financial Statements - Third Space Learning
| 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 |
Third Space Learning Comparisons
Competitors of Third Space Learning
Third Space Learning 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 Paper, MyTutor, Tutored by Teachers, Think Through Math and Beyondskool, 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 |
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| domain | founded_year | HQ Location |
Educational support is provided for K-12 students and teachers.
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| domain | founded_year | HQ Location |
Provider of tutoring platform for students
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| domain | founded_year | HQ Location |
Online platform providing tutoring solutions for school students
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| domain | founded_year | HQ Location |
K-12 online curricula and supplemental educational services are provided.
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| domain | founded_year | HQ Location |
Provider of intelligence curriculum for school students
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Third Space Learning
Frequently Asked Questions about Third Space Learning
When was Third Space Learning founded?
Third Space Learning was founded in 2013.
Where is Third Space Learning located?
Third Space Learning is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Third Space Learning a funded company?
Third Space Learning is a funded company, having raised a total of $16.32M across 6 funding rounds to date. The company's 1st funding round was a Series A of $2.31M, raised on Nov 01, 2013.
What does Third Space Learning do?
Third Space Learning was founded in 2013 in London, United Kingdom, as an online platform in the education sector. One-to-one tutoring in mathematics is provided to primary school students identified by teachers as needing support. Individual lessons, feedback, and encouragement are delivered by tutors sourced globally through an online medium. Operations extend to over 300 primary schools across England, emphasizing accessibility and cost efficiency.
Who are the top competitors of Third Space Learning?
Third Space Learning's top competitors include MyTutor, Tutored by Teachers and Paper.
What products or services does Third Space Learning offer?
Third Space Learning offers Maths Tutoring Programmes and AI Voice Tutor.
Who are Third Space Learning's investors?
Third Space Learning has 11 investors. Key investors include Telefónica, Nesta, Wayra, UCL Technology Fund, and ClearlySo.