
Mobeus leads £4m round for MyTutor
Mobeus Equity Partners has led a £4m round for MyTutor, a UK-based platform for interactive one-to-one tuition for secondary-school-aged pupils.
The investment brings the company's total funding to date to £14m.
The fresh capital will be used to further develop and increase the availability of MyTutor's platform.
Previous funding
In July 2017, Mobeus Equity Partners led a £3m series-A funding round for MyTutor. In one year, the GP backed a £5m series-B round for the company alongside other investors.
Company
Founded in 2013 and headquartered in London, MyTutor is an online one-to-one tuition platform for secondary-school-aged pupils. Since the company's inception, its online network of tutors has facilitated 1 million bookings, it claims. The company employs a team of 50.
People
Mobeus Equity Partners – Matt Mead (partner).
MyTutor – Bertie Hubbard (co-founder, CEO).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater