EdTech startup Tutored by Teachers (TbT) announced it has raised over $10 million in Series A funding, led by GSV Ventures, to expand its teacher community and increase capacity to serve more than 10,000 K-12 students this year. The round also includes new investors TMV and A-Street Ventures, who join early supporters NewSchools Venture Fund, former Charlotte-Mecklenburg Schools superintendent and TbT advisor Peter Gorman, and noted edtech founders Sidharth Kakkar (Freckle, acquired by Renaissance) and Neal Taparia (Imagine Easy Solutions, acquired by Chegg).
TbT employs an evidence-based approach to partner directly with schools to match high-need, under-served students with supplemental, small-group virtual instruction from highly qualified, certified teachers – while offering teachers the compensation they deserve and opportunities to grow into education management roles within TbT. In the past 9 months, TbT has consistently delivered 10-15 point academic gains for students against target standards in a matter of weeks using its culturally responsive instructional framework. “Tutored by Teachers’ accessible learning model and qualified network of teachers has been instrumental in changing the trajectory of our students who were falling behind and needed additional support,” said Los Angeles Unified School District (LAUSD) Principal Dr. Lester Powell.
By bringing together a community of diverse, engaged teachers and focusing well-beyond academics with TbT’s whole child approach to learning, the program has already started to see success in some of the nation’s largest cities, including Philadelphia, New York, Los Angeles, Indianapolis and Charlotte.
Source: PR Newswire