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Easy-Tutor raises 4.8 million euros

The online tutoring provider Easy-Tutor successfully completed a financing round for the third year in a row. Following a six-figure investment in May 2020 and another round in March 2021, the Series A round of €4.8 million followed.

The fresh capital comes from existing investor Bayern Kapital, which is again participating through its innovation fund BKI EFRE. The Munich family office K+K1, founded in 2022 and led by Timify founder Andreas Knürr, has also made a new investment. Easy-Tutor plans to use the fresh capital to further develop its online tutoring platform and drive growth. Starting in mid-2023, the startup also plans to expand into the immediate foreign markets.

"It's very important to us not to scale at any cost, but to grow healthily and sustainably. In the coming years, we want to become the number one point of contact for students, parents, and schools across Europe when it comes to high-quality, digital, in-school tutoring."

explained Massimo Cancellara, CEO and co-founder of Easy-Tutor.

Several Bundesliga clubs use Easy-Tutor

An important part in the development of the Edtech startup are supported by its cooperation partners. According to the company, around 200 partner schools and 40 percent of all Bundesliga clubs – including FC Bayern Munich, Bayer Leverkusen, and Eintracht Frankfurt – currently use Easy-Tutor in their childcare programs for children and young people. The company also aims to attract companies to cooperate. They should offer Easy-Tutor greater visibility through their target group relevance, while their customers benefit from the tutoring services. In the past, the startup has already worked with well-known retailers such as Edeka, Müller Handels GmbH, and MediaMarktSaturn.

Andreas Knürr, Managing Director of K+K1, on the motivation for the investment:

"As a father of two children, I naturally think about what the world they'll grow up into will look like. E-learning and the 'digital classroom' will be the most important topics of the future, and it's also a personal concern of mine to invest in this highly topical business area together with Easy-Tutor."

Cancellara adds:

"Against the backdrop of the slow digitization of schools, the teacher shortage, and the lack of skilled workers, it is clear that ensuring high-quality, contemporary education across the board is one of the most important social challenges of our time. Anyone who wants to bring about change in the educational sector today must rethink education."

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