About Tutor Universe
Tutor Universe is a company based in Iowa City (United States) founded in 2011 by Thomas Hornbeck, James Cremer, Michael Morrison, and Hung Viet Tran. It operates as a B2C. Tutor Universe has raised $2.32 million across 3 funding rounds from investors including IEDA. Tutor Universe operates in a competitive market with competitors including TakeLessons, MentorShow, Mentorcam, Instructables and FastInfo Class, among others.
- Headquarter Iowa City, United States
- Founders Thomas Hornbeck, James Cremer, Michael Morrison, Hung Viet Tran
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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 Gotit! Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.32 M (USD)
in 3 rounds
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Latest Funding Round
$1.79 M (USD), Seed
Oct 27, 2014
- Investors
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Employee Count
Employee Count
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Funding Insights of Tutor Universe
Tutor Universe has successfully raised a total of $2.32M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.79 million completed in October 2014. 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 3
- Last Round Seed — $1.8M
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First Round
First Round
(18 May 2012)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2014 | Amount | Seed - Tutor Universe | Valuation |
investors |
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| Jan, 2013 | Amount | Seed - Tutor Universe | Valuation |
investors |
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| May, 2012 | Amount | Grant - Tutor Universe | Valuation |
investors |
| 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 Tutor Universe
Tutor Universe has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include IEDA. 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 |
| 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 Tutor Universe
| 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 - Tutor Universe
| 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 |
Tutor Universe Comparisons
Competitors of Tutor Universe
Tutor Universe 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 TakeLessons, MentorShow, Mentorcam, Instructables and FastInfo Class, 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 |
Marketplace for tutoring: in-person & online lessons
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| domain | founded_year | HQ Location |
Multi-disciplinary learning classes are offered through subscription.
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| domain | founded_year | HQ Location |
Mentoring solutions are delivered via mobile video calls with experts.
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| domain | founded_year | HQ Location |
Step-by-step guides for agriculture and bonsai are provided online.
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| domain | founded_year | HQ Location |
Provides live interactive spoken English training for adults and kids online.
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| domain | founded_year | HQ Location |
Knowledge sharing platform
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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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Frequently Asked Questions about Tutor Universe
When was Tutor Universe founded?
Tutor Universe was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Tutor Universe located?
Tutor Universe is headquartered in Iowa City, United States. It is registered at Iowa City, Iowa, United States.
Who is the current CEO of Tutor Universe?
Hung Viet Tran is the current CEO of Tutor Universe. They have also founded this company.
Is Tutor Universe a funded company?
Tutor Universe is a funded company, having raised a total of $2.32M across 3 funding rounds to date. The company's 1st funding round was a Grant of $150K, raised on May 18, 2012.
What does Tutor Universe do?
Tutor Universe a marketplace for connecting users with online tutoring services through involved in educational services, online learning, tutoring marketplaces, and offering online tutoring. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Tutor Universe?
Tutor Universe's top competitors include MentorShow, TakeLessons and FastInfo Class.
Who are Tutor Universe's investors?
Tutor Universe has 1 investor. Key investors include IEDA.