Acton backs sofatutor.com

The investment will enable the firm to expand into new regions in Germany and enter new European markets.

Previous funding
In 2010, IBB Beteiligungsgesellschaft and family office venture firm JCMB Beteiligungs completed an equity injection of less than €1m in sofatutor.

Company
Founded in 2008 and based in Berlin, sofatutor.com is an online tutoring platform. The company offers learning content through more than 7,700 videos, which are 5-10 minutes in length and categorised according to grade level. Each video has a corresponding interactive test and a live chatroom allows students and teachers to communicate in real time. Students purchase a subscription, ranging from 3-12 months, from €14.95. The company has more than 30,000 students in German-speaking countries.

People
Christoph Braun is a managing partner at Acton. Stephan Bater is founder and managing director of sofatutor.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• DACH
• Technology
• Expansion
• Germany