MyTutor, a platform for online, interactive one-to-one tuition for secondary school-aged pupils, today announces that it has raised £4m in investment, led by existing investor Mobeus Equity Partners and bringing total funding to date to £14m.
The funding will be used to further develop and increase the availability of MyTutor’s platform – working in consultation with its users – to meet growing demand for support from both parents and schools to ensure that children get the most from their education, particularly with the major disruptions caused by the ongoing pandemic.
MyTutor has also just been announced as one of four tutoring companies working with The Education Endowment Foundation (EEF) on its initiative to launch a new online tuition pilot to help disadvantaged pupils as schools begin to reopen. MyTutor will provide support for 1,000 of the 1,600 pupils in the programme.
Since MyTutor’s inception in 2013, its online network of tutors has facilitated over one million bookings, with 100,000 families in the UK relying on MyTutor for one-to-one tuition.
Prior to the outbreak of COVID-19, a 2019 report by educational charity, the Sutton Trust, found that over 27% of children in the UK and 41% in London were receiving learning support from a tutor. However, due to the pandemic, the majority of school children in the UK were forced, near-overnight, into homeschooling, putting a huge amount of pressure on already stretched parents to support their child’s learning. Online tutoring has been a lifeline for many, helping children tackle tricky topics, building up confidence and providing motivation and engagement while in lockdown. MyTutor has seen demand more than double since school closures began, as families embraced online one-to-one learning to ensure the educational progress of their children.
Even though some children in the UK are now returning to school, the need for tutors will continue to grow, Parents across the country are looking for extra support to ensure their children remain on track with their studies after this incredibly disruptive period and an extended amount of time off school. Additionally, parents are also keen to build their children’s confidence and motivation in their studies as they return to a very different school environment, and online one-to-one tuition has been found to be one of the most effective ways to focus this support, with tutors able to tap into the direct needs of the individual child to ensure they get the results they deserve.
Bertie Hubbard, Co-founder and CEO of MyTutor comments: “The current pandemic has impacted every single UK family, and there is now an urgent need for academic support to ensure school children get back on track with their education. Through our consumer-facing platform and partnerships such as the EEF’s online tuition pilot, we know that we can make a difference and reduce learning gaps despite these unprecedented circumstances – and we’re delighted by the continued support of our investors. While the pandemic has seen a whole generation of parents experience the benefits of online tuition we believe this is just the start of a more permanent shift.”
Matt Mead, Venture Partner at Mobeus Equity Partners comments: “Since the early days of MyTutor it has been clear to us that Bertie and the team have created a service that has a real, positive impact, with great potential to reduce inequality of opportunities for UK school children. With this capital injection we will ensure that MyTutor can keep up with demand at a time when online one-to-one tuition has become more important than ever to prevent the widening of an already existing learning gap. We know that the company’s potential to have a real impact on our schooling system and wider society reaches far beyond the current pandemic. MyTutor is setting the precedent for a new normal for tuition and we are excited to continue on this journey together.”