Varsity Tutors

Varsity Tutors

Online platform for personalized tutoring services

About Varsity Tutors

Simplify's Rating
Why Varsity Tutors is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Education

Company Size

5,001-10,000

Company Stage

Series C

Total Funding

$104.1M

Headquarters

Clayton, Missouri

Founded

2007

Overview

Varsity Tutors provides personalized online education solutions for students of all ages, from elementary school to adults pursuing professional certifications. The platform operates on a membership model, allowing clients to access a variety of learning resources such as one-on-one tutoring, live group classes, and on-demand lessons. With a network of over 40,000 vetted tutors, Varsity Tutors ensures high-quality instruction tailored to individual needs. The flexibility of the membership allows families to customize their learning experience, whether they need help with school subjects or preparation for standardized tests like the SAT. Additionally, Varsity Tutors offers instruction in over 3,000 subjects, including coding, paleontology, and language learning with native-speaking tutors, making it a comprehensive solution for lifelong learning.

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Simplify's Take

What believers are saying

  • Partnerships with school districts expand reach and provide scalable growth opportunities.
  • Increased demand for personalized learning boosts Varsity Tutors' market potential.
  • The rise of hybrid learning models creates opportunities for Varsity Tutors.

What critics are saying

  • Increased competition from free or low-cost platforms like Chegg and Khan Academy.
  • Reliance on school district partnerships poses revenue risks if not renewed.
  • Rapid AI advancements could outpace Varsity Tutors' current offerings.

What makes Varsity Tutors unique

  • Varsity Tutors offers over 3,000 subjects, including unique topics like paleontology.
  • The platform integrates AI for personalized learning, enhancing the user experience.
  • Varsity Tutors provides 24/7 live chat tutoring, a unique feature among competitors.

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Funding

Total Funding

$104.1M

Meets

Industry Average

Funded Over

3 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Meet Average

Industry standards

$50M
$50M
Medium
$50M
Varsity Tutors
$62M
SeatGeek
$100M
Oura

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Company Match

Remote Work Options

Unlimited Paid Time Off

Paid Vacation

Paid Holidays

Parental Leave

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

3%

2 year growth

-3%
Garden Grove Unified School District
Feb 7th, 2025
GGUSD Partners with Varsity Tutors to Offer Free 24/7 Live Chat Tutoring

Garden Grove Unified School District has partnered with Varsity Tutors to offer free 24/7 live chat tutoring and one-hour tutoring sessions to support students in their academic success.

Potomac Local
Dec 20th, 2024
Prince William, Manassas City Schools Partner with 24/7 Tutoring Service

Prince William County Schools (PWCS) and Manassas City Public Schools (MCPS) are partnering with Varsity Tutors, an online 24/7 tutoring service.

Coupland Independent School District
Sep 24th, 2024
Coupland Independent School District

Coupland ISD has partnered with Varsity Tutors to provide academic support for homework and test prep from home.

The Item
Jul 20th, 2024
Clarendon students, teachers will have free learning resources thanks to new partnership with Varsity Tutors for Schools

Varsity Tutors, an online tutoring platform, launched Varsity Tutors for Schools, aimed at assisting district leaders in delivering one-on-one tutoring and comprehensive learning support.

Business Wire
May 8th, 2024
Gateway Regional School District Announces Partnership With Varsity Tutors For Schools To Provide Live And On-Demand Learning Resources For All Students

WOODBURY HEIGHTS, N.J. ST. LOUIS--(BUSINESS WIRE)--Gateway Regional School District today announced a exciting partnership with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the leading platform for live online tutoring, to provide all district students with access to the Varsity Tutors for Schools platform at no cost to the district, students or families. The partnership extends from now until June 30, 2030, ensuring students, educators and parents have a rich set of powerful resources for school years to come. The comprehensive platform integrates interactive study tools, collaborative workspaces, and dynamic learning resources, including:24/7 On-Demand Chat TutoringOn-Demand Essay ReviewLive Enrichment and Remediation ClassesSAT and ACT Test Prep ClassesCelebrity-Led StarCourse ClassesSelf Study ResourcesCollege Career Readiness ResourcesAdaptive Assessments Personalized Learning PlansRecorded Enrichment Classes“Learning at Gateway is always M. O

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