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GoStudent - we build the #1 global school !

GoStudent is a digital learning platform for online education and the future of tutoring. The ed-tech start-up was founded in Vienna in 2016 by Felix Ohswald (CEO) and Gregor Müller (COO) and is operated +10 countries. On the platform, GoStudent offers paid individual courses for all school subjects. Investors such as Speedinvest,

Left Lane Capital, DN Capital and Coatue have already invested a total of 86 Million Euros. GoStudent employs + 300 people at its offices in Vienna, Dusseldorf, Berlin, Lyon, Madrid, London and Milan. Monthly, over +350,000 tutoring lessons are booked. GoStudent currently has about 10,000 clients and 2,500 tutors.

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We are writing history

+10

Markets

86 Mio €

Investment

+2500

Tutors

+10,000

Clients

+350.000

units

+300

Employees

2016

GoStudent is founded 💡

Felix Ohswald (CEO) and Gregor Müller (COO) found GoStudent. The first idea: A free-to-use homework-chat via WhatsApp, designed to make the lives of all students easier! After the first Business Angel invested, the founders developed their own App that included a homework chat.

2017

GoStudent has over 100 000 users 💯

In 2017, the homework chat app grows to a solid user base. GoStudent receives a 500k investment. The first student asks for a private online tutoring session and is willing to pay for it.

2018

Changing the game - from kids to parents 👨‍👩‍👦

With a user base of +500,000 students, the company changes its target group approach from children to parents. In the pre-seed round, the ed-tech startup receives €1.4 million in investment. Paid tutoring sessions are now offered in online video format.

2019

GoStudent finds business model and focuses on sustainable learning 🔥

GoStudent introduces memberships from 6 to 24 months and moves from the basement of a sailing school to the top modern office in Vienna's 2nd district. In 2019, GoStudent sets up key structures and processes to pave the way for future rapid growth.

2020

GoStudent receives 13,3M € Investment grows rapidly! 🚀

This year, the team size quadrupled to +160 employees. GoStudent takes its first internationalization steps beyond the DACH-Region, such as to France and Spain, and opens its first international office in Lyon. Left Lane Capital and DN Capital invest 13.3 million euros into GoStudent this year. GoStudent books over 150,000 units per month by the end of the year.

2021

GoStudent conquers Europe 💪

In the first quarter of 2021, GoStudent strengthens its position in Europe and expands to the UK, Italy, Greece as well as the Netherlands and opens up new locations in Dusseldorf, Berlin, Madrid, London and Milan. With a team of +300 employees and 2,500 tutors, GoStudent now books +350,000 tutoring units per month. By the end of the year, the team is expected to grow to +800 employees and +10,000 tutors.

Our Management Team

Felix

Felix Ohswald

Co-Founder and CEO

Gregor

Gregor Müller

Co-Founder and COO

Ivo

Ivo Kolev

Chief Technical Officer

Laura

Laura Warnier

Chief Growth Officer

Alfons

Alfons Priessner

Chief of Staff

Press Releases

Vienna , 30 March 2021 Ed-tech company GoStudent hit a €70M investment in Series B round

- €70M investment raised by lead-investor Coatue (NY) and existing investors Leftlane Capital (NY) and DN Capital (London) - GoStudent grows by 30% month-over-month on average - GoStudent has a market presence in 10 countries - +250k tutoring sessions are booked every month **Vienna, March 30, 2021:** Vienna-based e-learning start-up GoStudent completed Series B round led by the new investor Coatue together with existing partners Left Lane Capital and DN Capital. With the total investment of €70M GoStudent becomes the highest funded consumer-facing K12 education start-up in Europe. The new investment was landed only 4 months after the increase of the Series A. In 2020 GoStudent received a total funding of €13.3M. The trust of the existing and new investors indicates a strong conviction in the continued exponential growth of the online education start-up. **Investment for further bold growth plans and expansions** The financing will be used to further drive the internationalization of GoStudent, advancing the presence in significant tutoring markets such as France, Spain, Italy, the UK, and Ireland. Turkey and Greece will be launched in the first half of 2021 amongst other countries. In addition, GoStudent will invest highly in branding and product improvement. By the end of the year, GoStudent aims to be present in at least 15 countries across Europe and grow its team to +800 employees and +10,000 tutors. Felix Ohswald, co-founder and CEO of GoStudent said about the series B investment: “The series B investment makes us the best-funded consumer K12 education start-up in Europe! We are thrilled to receive such high confidence from existing and new investors on our way to revolutionize education worldwide. Our growth targets this year are enormous - the investment of 70 million euros will enable us to position GoStudent as the top player in Europe for making high-quality education widely accessible.” Gregor Müller, co-founder, and COO of GoStudent added: “Conquering Europe is only the first step. Our mission is to build the No. 1 Global School to help every student unlock their full potential. Thus, our mid-term goal is to become the largest education company in the world.” **GoStudent is European market leader in online tutoring** With +250,000 tutoring sessions booked monthly and a market presence in 10 European countries, GoStudent has meanwhile grown to become the market leader in revenue for K-12 online tutoring in Europe. Over the past months, GoStudent has expanded its team to +300 employees and opened up new offices in Lyon, London, Madrid, Dusseldorf, Berlin and Milan. New offices in Athens, Istanbul and Amsterdam will be opened in the second quarter of 2021. Laura Warnier, Chief Growth Officer of GoStudent on the importance of spreading the online tutoring of GoStudent across Europe said: “By connecting every student with the ideal teacher we solve a significant problem. Especially this year - while we have not yet overcome the pandemic - we will be an important partner for parents to fight the educational deficits of their children caused by school lockdowns and inefficient homeschooling across Europe. By the end of 2021, we aim to offer our tutoring services in +15 countries!” “It’s been an exciting journey as an investor to see GoStudent expand so elegantly across Europe, offering affordable yet high-quality education to the masses. The pace at which they’re executing is extraordinary,” said Harley Miller, Managing Partner at Left Lane Capital and board member of GoStudent. “GoStudent is spearheading the European ed-tech movement in what has been a highly-fragmented, traditionally offline market,” Vinny Pujji, Partner at Left Lane Capital and board member of GoStudent added. “We believe that GoStudent can be the dominant winner in online tutoring in Europe, by leveraging technology GoStudent democratizes quality education to all.” said Nenad Marovac, Managing Partner & CEO at DN Capital and board member of GoStudent. “The demand for the company’s product has been proven given the lightning speed of growth that the company is experiencing, over 800% in 2020.” **About GoStudent:** GoStudent is a digital learning platform for online education and the future of tutoring, connecting students with the best teachers worldwide for individual tutoring sessions. The ed-tech start-up was founded in Vienna in 2016 by Felix Ohswald (CEO) and Gregor Müller (COO) and is operated in the DACH-Region, as well as in Spain, France, Belgium and Luxembourg, United Kingdom, Ireland and Italy. On the platform, GoStudent offers paid individual courses for all school subjects to students of all ages using a membership model. The data-driven startup uses AI to support its rigorous tutor selection, onboarding processes and quality assurance of the tutoring sessions. So, the best possible tutor is matched with each student. Investors such as Coatue, Left Lane Capital, DN Capital and Speedinvest have already invested a total of 86 Million Euros. GoStudent employs +300 people at its offices in Vienna, Dusseldorf, Berlin, Lyon, Madrid, London and Milan. Monthly, over 250,000 tutoring lessons are booked. www.gostudent.org. **About Coatue:** Coatue is one of the largest technology investment platforms in the world with ~$40 billion in assets under management. Its dedicated team of engineers and data scientists work closely with investment professionals to add value to founders and executive teams in our portfolio. With venture, growth and public funds, Coatue backs entrepreneurs from around the globe and at every stage of growth. Some of Coatue’s private investments have included Airtable, Anaplan, ByteDance, Chime, Databricks, DoorDash, Instacart, Meituan, Snap, Snowflake and Spotify. **About Left Lane Capital:** Left Lane Capital is a New York-based venture capital and growth equity firm, investing in high-growth consumer internet and technology companies that build lasting relationships with customers. Investing in Series A, B and C stage companies, the firm aims to partner with extraordinary entrepreneurs creating category-defining businesses that are fundamental to the human condition and spirit. **About DN Capital** DN Capital is a leading European early stage venture capital firm with operations in London, Berlin and Silicon Valley. The firm focuses on Seed, Series A and select Series B investments in software, fintech, marketplace, consumer internet and digital health companies. DN Capital’s mission is to support entrepreneurs in creating global category leaders. DN was an early backer in companies such as Shazam, Endeca, Auto1, GoStudent, Jobandtalent, Mister Spex, Hometogo, OLX, Remitly and Quandoo. **Media contact:** Stefanie Möllner I Head of PR & Communications [[email protected]](mailto:[email protected]) +43 660 1776552

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Vienna , 13 January 2021 5 years, 5 countries - online tutoring company GoStudent continues its growth in Europe

Vienna, Jan. 13, 2021 - The Austrian ed-tech startup GoStudent further expands its online tutoring service across Europe. On January 21, GoStudent will not only celebrate its fifth anniversary, but will also expand its online tutoring service, which started in the DACH region, to five additional European markets. After launching Belgium, France and Spain last year, GoStudent will expand to England, Ireland, Italy, Greece and the Netherlands in the first quarter of 2021. Also, GoStudent will open its third international office in Madrid soon. **Online tutoring boom** GoStudent's digital learning platform brings students of all ages together with carefully selected teachers in a virtual one-on-one classroom setting. The fact that this digital education offer is very popular with many parents motivates the founders Felix Ohswald (25) and Gregor Müller (27) to continue the rapid growth. In 2020 GoStudent quadrupled their team to 160 employees. At the end of last year, more than 150,000 online sessions were booked per month. The customer base grew to more than 8000 parents. Investor confidence was also high - GoStudent received 13.3 million euros in investment last year. "If you consider that we are already the market leader for online tutoring in the DACH region with a market penetration of only 0.5 percent, you realize what enormous potential can still be unlocked", says Felix Ohswald. **From five to fifteen** The opening of GoStudent's third international office in Madrid (after Vienna and Lyon) and the expansion of the service to five more countries is just the beginning. Laura Warnier, Chief Growth Officer at GoStudent and responsible for internationalisation, gives an outlook on the growth targets for this year: "By the end of 2021, we want to expand our online tutoring services to fifteen countries. Our team will become even more international and probably number around 800 employees by the end of the year.” **100 open positions in the first quarter 2021** In the first quarter of 2021, the GoStudent team will grow by 100 additional positions. Employees are being recruited in the areas of sales, marketing and human resources, among others. Click here for the job offers. **About GoStudent:** GoStudent is a digital learning platform and the future of tutoring. The ed-tech company was founded in Vienna in 2016 by Felix Ohswald (CEO) and Gregor Müller (COO) and is operated in the DACH-Region, as well as in Spain, France, Belgium, Luxembourg, England and Ireland. On the platform, GoStudent offers paid individual online-video courses for all school subjects. Investors such as Speedinvest, Left Lane Capital and DN Capital have already invested a total of 16 Million Euros in GoStudent. GoStudent employs +180 people at their Vienna and Lyon locations. Monthly, over 150 000 tutoring lessons are booked. GoStudent currently has about 8000 clients and 2000 tutors. www.gostudent.org **Press contact:** Stefanie Möllner I PR & Communications Manager [[email protected]](mailto:[email protected]) I M: +43 660 177 65 52

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Vienna , 18 November 2020 Internationally expanding E-learning Startup GoStudent increased Series A Funding to €13.3 Million

- Left Lane Capital and DN Capital invested an additional €5M in the Series A round, increasing total Series A investment to €13.3M - GoStudent has grown 7x since the beginning of 2020 - +100k tutoring sessions are booked on a monthly basis **Vienna 18.11.20:** Vienna-based e-learning start-up GoStudent successfully topped up the Series A round, led by Left Lane Capital and DN Capital, by another €5M. The increase in investment since the initial Series A funding in June 2020 indicates strong conviction in the continued growth of the online education start-up. **Rapid expansion across Europe** Since the early summer, GoStudent has expanded from the DACH region to other key European markets including France, Belgium, Luxembourg and Spain, with imminent plans to extend its footprint across Europe. GoStudent operates an affordable digital school connecting students with the best teachers worldwide for individual tutoring sessions. The company offers 6, 12, and 24-month tutoring subscription packages to students of all ages. The company provides software tools to both students and teachers, allowing each party to focus entirely on teaching, tutoring, and learning, while removing the burden of all tedious administrative tasks. The data-driven startup uses AI to support its rigorous tutor selection and onboarding processes, ensuring that the best possible tutor is matched with each student. GoStudent also offers a free social homework chat where students can discuss their questions with others in an easy and safe environment. **Investment in the future of education** GoStudent has shown impressive growth over the last couple years – not only just amidst the Covid-19 pandemic – highlighting the need and use-case for an accessible and extensive digital learning platform. The company was solving a fundamental problem in online education in the DACH region prior to the pandemic, but also stands to be a clear category winner as the global education system returns to normal. GoStudent currently books 100k+ monthly sessions across its customer base with 2,000+ active tutors on the platform. The financing will be used primarily to expand the geographic footprint of GoStudent beyond its current core markets. “We are thrilled that our lead investors believe that GoStudent is a smart investment for the future of education and decided to double down on their investment. During the current crisis, GoStudent became an eye-opener for parents across Europe and showed that online tutoring is the key to making high quality education widely accessible. Because our customers are not locally bound to tutoring services anymore, kids of all backgrounds and ages can be connected to exclusively the best tutors through our virtual classroom. GoStudent has earned the support from over 8,000 clients so far.” says Ohswald. “We are honored to expand our partnership with such mission-driven and humble entrepreneurs. GoStudent has already expanded from the DACH region and will soon be helping students all across Europe”, said Harley Miller, Managing Partner at Left Lane Capital. “GoStudent’s high quality, yet affordable solution is bringing many students into the world of online education for the first time. They have the opportunity to spearhead the European ed-tech movement in what has been a highly-fragmented, traditionally offline market,” says Vinny Pujji, Partner at Left Lane Capital, who will join as an additional board member for Left Lane. “GoStudent is expanding across Europe at lightning speed while maintaining a strong focus on superior learning outcomes. We continue to be impressed by the quality of the team and are excited to double down on GoStudent as they emerge as the winner in online tutoring in Europe”, says Nenad Marovac, Managing Partner & CEO at DN Capital, who has also joined the Board of Directors."”, says Nenad Marovac, Managing Partner & CEO at DN Capital, who has also joined the Board of Directors. **About GoStudent:** GoStudent is a digital learning platform for online teaching and the future of tutoring. GoStudent has 130+ full-time employees in the Vienna and Lyon offices. The ed-tech start-up was founded in 2016 by Felix Ohswald (CEO) and Gregor Müller (CCO) in Vienna and is active in the DACH area, Spain, France, Belgium and Luxembourg. Via its platform, GoStudent offers paid individual lessons. Classes are taught on computers or mobile devices. The students and teachers see and hear each other live in a virtual room. GoStudent supports integrated functions such as the digital blackboard and screen sharing, and individual learning plans are created and tailored for each student. GoStudent offers courses for all school subjects, and the tutors are typically graduate students and teachers with expertise in the respective subject. Investors including SpeedInvest, Left Lane Capital and DN Capital have invested a total of €16M in the rapidly growing ed-tech platform so far. **About Left Lane Capital:** Left Lane Capital is a New York-based venture capital and growth equity firm, investing in high-growth consumer internet and technology companies that build lasting relationships with customers. Investing in Series A, B and C stage companies, the firm aims to partner with extraordinary entrepreneurs creating category-defining business that are fundamental to the human condition and spirit. **About DN Capital** DN Capital is a leading European early stage venture capital firm with operations in London, Berlin and Silicon Valley. The firm focuses on Seed, Series A and select Series B investments in software, fintech, marketplace, consumer internet and digital health companies. DN Capital’s mission is to support entrepreneurs in creating global category leaders. Some of DN’s top performing companies include: Shazam (sold to Apple), Endeca (sold to Oracle), Auto1 (Europe’s largest used-car marketplace), OLX (sold to Naspers), Remitly (North America’s largest independent digital remittance platform) and Quandoo (sold to Recruit). **Media contacts:** Stefanie Möllner I PR & Communications Manager Go Student [[email protected]](mailto:[email protected]) Leftlane Capital I [[email protected]]([email protected])

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Stefanie Möllner

PR & Communication

[email protected]

+43660 177 6552

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