London-based investment fund Fuel Ventures has invested 拢2m in online tutoring platform, Tutor House.
The business connects parents and families with tutors either in-person or online and is run by education professionals to allow families to search for tutors across an array of subjects and academic levels.
Fuel Ventures, which recently raised 拢20 million in its third round, has invested 拢2 million in Tutor House.
Ex-teacher Alex Dyer launched Tutor House in 2012, after working in the educational industry for more than 14 years.
Since then the business has become the UK鈥檚 leading tutoring agency, offering private home or remote tuition for all Primary, GCSE, A-Level and University subjects.
Tutor House will be using the investment from Fuel Ventures to expand into other countries, and to create a bespoke school in London for students who need intensive tutoring for exam retakes.
鈥淥ur company is run by education specialists and tutors, with years of experience,鈥� said Dyer.
鈥淲e鈥檙e on a mission to change the way students and parents find trusted and qualified tutors.
鈥淲e want to return autonomy to tutors, tutees, and families, to make tutoring affordable for and accessible to the people that need it the most. That鈥檚 not a big ask, and we鈥檙e well on our way to making that happen.鈥�
Mark Pearson, founder of Fuel Ventures, added: 鈥淭his is an exciting time for Fuel Ventures and its start-ups, and Tutor House is a great business that has already achieved an impressive level of growth since 2012.
鈥淭hey are the UK鈥檚 market leader and are making plans for further expansion into countries outside of the UK, following this investment.鈥�