About Tutorful
Tutorful is a company based in Sheffield (United Kingdom) founded in 2015 by Mark Hughes and Scott Woodley.. Tutorful has raised $10.84 million across 5 funding rounds from investors including Mercia, NVM Private Equity and Northern Powerhouse Investment Fund. The company has 41 employees as of December 31, 2020. Tutorful offers products and services including Tutoring Platform, Music Lessons, and Exam Preparation. Tutorful operates in a competitive market with competitors including Tutor House, School of Everything, Tutorean, First Tutors and TutorMapper, among others.
- Headquarter Sheffield, United Kingdom
- Employees 41 as on 31 Dec, 2020
- Founders Mark Hughes, Scott Woodley
- 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
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- Legal Name Tutora Ltd
- Date of Incorporation 31 Dec, 2014
- Jurisdiction SHEFFIELD, SOUTH YORKSHIRE, 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
$10.84 M (USD)
in 5 rounds
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Latest Funding Round
$4.15 M (USD), Series A
Sep 13, 2021
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Investors
Mercia
& 2 more
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Employee Count
41
as on Dec 31, 2020
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Products & Services of Tutorful
Tutorful offers a comprehensive portfolio of products and services, including Tutoring Platform, Music Lessons, and Exam Preparation. 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.
Service for booking private tutors in academic subjects
Platform for one-to-one music instruction like piano and guitar
Tools for preparing for exams such as GCSE and A-Level
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Funding Insights of Tutorful
Tutorful has successfully raised a total of $10.84M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $4.15 million completed in September 2021. 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 5
- Last Round Series A — $4.1M
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First Round
First Round
(11 Apr 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Series A - Tutorful | Valuation | Mercia , Northern Powerhouse Investment Fund |
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| Oct, 2019 | Amount | Series A - Tutorful | Valuation | NVM |
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| May, 2018 | Amount | Seed - Tutorful | Valuation |
investors |
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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 Tutorful
Tutorful has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Mercia, NVM Private Equity and Northern Powerhouse Investment Fund. 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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Private debt is extended to early-stage companies and SMEs.
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Founded Year | Domain | Location | |
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Private equity investments are managed across the UK.
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Founded Year | Domain | Location | |
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Investment management services are provided by Mercia to various clients.
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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 Tutorful
| 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 - Tutorful
| 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 |
Tutorful Comparisons
Competitors of Tutorful
Tutorful 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 Tutor House, School of Everything, Tutorean, First Tutors and TutorMapper, 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 |
Tutors and learners are connected via an online marketplace platform.
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| domain | founded_year | HQ Location |
Offline tutors are connected to learners via an online marketplace.
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| domain | founded_year | HQ Location |
Online tutor discovery platform provider for students
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| domain | founded_year | HQ Location |
Provider of online platform to search and book private tutors
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| domain | founded_year | HQ Location |
An online marketplace for private tutors in London is operated.
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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 Tutorful
Frequently Asked Questions about Tutorful
When was Tutorful founded?
Tutorful was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Tutorful located?
Tutorful is headquartered in Sheffield, United Kingdom. It is registered at Sheffield, England, United Kingdom.
Is Tutorful a funded company?
Tutorful is a funded company, having raised a total of $10.84M across 5 funding rounds to date. The company's 1st funding round was a Seed of $783K, raised on Apr 11, 2016.
How many employees does Tutorful have?
As of Dec 31, 2020, the latest employee count at Tutorful is 41.
What does Tutorful do?
Founded in 2015 and based in Sheffield, United Kingdom, Tutorful operates in the online education sector. Personalized tutoring services are provided across subjects and age groups, from primary school to university level, including exam preparation. Secure online lessons are facilitated, with detailed tutor profiles available and background checks conducted for selection. A money-back guarantee is offered for the first unsatisfactory lesson, ensuring flexible learning options tailored to student needs.
Who are the top competitors of Tutorful?
Tutorful's top competitors include First Tutors, Tutor House and School of Everything.
What products or services does Tutorful offer?
Tutorful offers Tutoring Platform, Music Lessons, and Exam Preparation.
Who are Tutorful's investors?
Tutorful has 3 investors. Key investors include Mercia, NVM Private Equity, and Northern Powerhouse Investment Fund.
What is Tutorful's valuation?
The valuation of Tutorful is $13.6M as of Oct 2019.
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