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Startup, GoStudent Closes 250 Million Loan Rounds – Good for Unicorn Case

Gregor Muller E. Felix Oswald
LinkedIn



A wonderful Success For Austrian online education startup GoStudent: Has closed a round of funding by value 205 million eurosand access the status again. Unicorn, a company with a value of more than one billion euros in the field of educational technology. A statement said the company achieved this goal only two years after setting its goal. business model And just two months after completing a € 70 million Series B round. Dst Global covered The role of the main investor in the process, which was also attended by new international investors, including SoftBank Vision Fund 2, Tencent and Dragoneer, as well as existing shareholders Coatue, Left Lane Capital and DN Capital. The total value is € 1.4 billion, making GoStudent the most valuable company on the EdTech K-12 scene in Europe.

GoStudent, founded in Vienna in 2016, also recently arrived وصلت Italy A few weeks after the inauguration, the new center of Milan مركز It has already exceeded 40 employeesThe. By the end of 2021, the Italian branch aims to further expand its team and reach 20,000 booked lessons each month. In addition to the opening of the Milan office, the expansion operation also recently opened new centers in London, Berlin, Madrid, Lyon, Athens, Istanbul and Amsterdam, and currently has 12 international offices and more than 600 employees. GoStudent plans to set out to conquer Canada and Mexico in the summer. The company will also invest in brand and product development, and will also make early acquisitions.

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