The tutoring industry is a booming market worldwide, currently estimated at around 100 to 150 billion USD annually and with the potential to grow to 190 billion USD, depending on whose research you take as basis.
AdmitSee, a marketplace for college admission and career readiness, closed a $1.8 million Seed round from Social + Capital Partnership, FOUNDER.org, and Imagine K12’s Start Fund.
Founded in 2013, AdmitSee has collected over 50,000 application files and signed up over 1,000 mentors.
Further detail on TechCrunch.
Credible, a student loan marketplace, raised a $10 million Series A led by Soul Htite with participation from Ron Suber and Scott Langmack.
Founded in 2012, Credible previously raised $2.7 million in seed funding. The startup offers personalized refinancing offers from numerous lenders.
Earlier this months student loan marketplace CommonBond raised a $35 million Series B.
CommonBond, a student loan marketplace, raised a $35 million Series B led by August Capital and Nyca Partners with participation from existing investors.
Founded in 2011, CommonBond raised a total of over $195 million. The company expects to surpass $1 billion in loans funded in 2016.