🏆 Deal of the Month · June 2021
GoStudent raised USD 244 million in a Series C round in June 2021, reaching a valuation of USD 1.7 billion. The round was co-led by DST Global and SoftBank Vision Fund 2, alongside a consortium of prominent global growth investors. The deal made GoStudent the first EdTech unicorn in Europe.
GoStudent — key deal facts
| Company | GoStudent |
| Founded | 2016 |
| Headquarters | Vienna, Austria |
| Amount raised | USD 244M |
| Valuation | USD 1.7B |
| Round | Series C |
| Investors | DST Global (https://dst-global.com/) SoftBank (via its Vision Fund 2) Tencent (https://www.tencent.com/en-us/about.html) Dragoneer (https://www.dragoneergrowth.com/) Coatue (https://www.coatue.com/) Left Lane Capital (https://www.leftlanecap.com/) DN Capital (https://www.dncapital.com/) |
| Sectors | EdTech |
Who invested in GoStudent?
The Series C was backed by DST Global, SoftBank Vision Fund 2, Tencent, Dragoneer, Coatue, Left Lane Capital, and DN Capital. The investor mix is notable for combining two of the most active global late-stage technology funds — DST Global and SoftBank Vision Fund 2 — with strategic capital from Tencent, a major force in both gaming and EdTech. The presence of Coatue, Dragoneer, and Left Lane Capital further signals conviction from leading US-based growth equity managers in a European EdTech platform.
What does GoStudent do?
GoStudent is a Vienna-based EdTech company founded in 2016 by Felix Ohswald (CEO) and Gregor Müller (COO). The company operates an online tutoring marketplace that connects K-12 students with qualified tutors for personalised one-on-one video sessions across more than 30 school subjects. Its platform is complemented by a free social homework chat designed to support collaborative learning. At the time of the Series C, GoStudent operated in 24 countries and served more than 5 million families monthly.
GoStudent valuation & multiples
No existing multiples analysis was provided for this deal. For context on how EdTech platforms are valued relative to revenue and earnings, readers can explore the relevant sector multiples pages on DealMatrix.
Explore the benchmarks: Series C EdTech.
Frequently asked questions
How much did GoStudent raise in its Series C?
GoStudent raised USD 244 million in its Series C round in June 2021.
What is GoStudent's valuation?
GoStudent was valued at USD 1.7 billion at the time of its Series C in June 2021.
Who invested in GoStudent?
The Series C was backed by DST Global, SoftBank Vision Fund 2, Tencent, Dragoneer, Coatue, Left Lane Capital, and DN Capital.
When was GoStudent founded and where is it based?
GoStudent was founded in 2016 and is headquartered in Vienna, Austria.
Source: original announcement — read the full report.