Sofatutor - About the company
Sofatutor is an acquired company based in Berlin (Germany), founded in 2007 by Stephan Bayer and Andreas Spading. It operates as an Online educational platform providing tutorials. Sofatutor has raised $8.32M in funding from investors like Acton Capital, Cornelsen and Frog Capital. The company has 754 active competitors, including 80 funded and 58 that have exited. Its top competitors include companies like EVERFI, Amplify and Educational Initiatives.
Company Details
Sofatutor is an online educational platform providing short video tutorials for high school and college students preparing for exams and recapitulate lessons. All lessons are divided into short video lessons and verified. Anyone can upload videos on the platform and earn money by participating in the revenue-sharing model of the service. Offers subscriptions for 8-14 euros per month. The revenue is shared with the producers who earn royalties on a per-click basis.
- Website
- us.sofatutor.com/
- Email ID
- *****@sofatutor.com
Key Metrics
Founded Year
2007
Location
Berlin, Germany
Stage
Acquired
Total Funding
$8.32M in 4 rounds
Latest Funding Round
Investors
Ranked
24th among 754 active competitors
Annual Revenue
€10M - €50M as on Dec 31, 2018
Employee Count
185 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Emeram Capital Partners (Mar 17, 2021)
Legal entities associated with Sofatutor
Sofatutor is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
sofatutor GmbH CIN: HRB112531 , Germany, Active | Mar 18, 2008 | €10M - €50M (As on Dec 31, 2018) | 214 (As on Dec 31, 2023) |
Sofatutor's acquisition details
Sofatutor got acquired by Emeram Capital Partners and Gimv on Mar 17, 2021.
Click here to take a look at Sofatutor's acquisition in detail
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Sofatutor's funding and investors
Sofatutor has raised a total funding of $8.32M over 4 rounds. Its first funding round was on Jan 11, 2010. Its latest funding round was a Series A round on Feb 14, 2018 for $*****. 6 investors participated in its latest round. Sofatutor has 9 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Sofatutor:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 14, 2018 | 9958456 | Series A | 9289564 | 8814959 | 2625328 | 9449252 |
Aug 26, 2014 | 6573877 | Series A | 3813563 | 2812309 | 2853462 | |
Sep 24, 2012 | 4180695 | Series A | 2633770 | 7531312 |
View details of Sofatutor's funding rounds and investors
Sofatutor's founders and board of directors
Founder? Claim ProfileThe founders of Sofatutor are Stephan Bayer and Andreas Spading.
Here are the details of Sofatutor's key team members:
- Stephan Bayer: Founder & CEO of Sofatutor. They are also an angel investor in 1 startup and serve on the board of 1 company.
- Andreas Spading: Founder of Sofatutor. They serve on the board of 1 company.
Sofatutor's Board of Directors
Sofatutor's board has 3 active members. Andreas Spading is part of team and Colin Schlueter and Arne Strawe are independent board members.Here is the list of Sofatutor's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 16y 8m | |
urxd{hx | Team | - | Past | 1y 4m |
Independent board member | - | Current | 14y 8m | |
{og{qps | Independent board member | - | Current | 7y 6m |
View details of Sofatutor's Founder profiles and Board Members
Sofatutor's employee count trend
Sofatutor has 185 employees as of Aug 26. Here is Sofatutor's employee count trend over the years:
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Sofatutor's Competitors and alternates
Top competitors of Sofatutor include EVERFI, Amplify and Educational Initiatives. Here is the list of Top 10 competitors of Sofatutor, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | EVERFI 2008, Washington, DC (United States), Acquired | Provider of online courses for workplace training, higher, and school educational institutes | $252M | 74/100 | |
2nd | Amplify 2000, Brooklyn (United States), Series C | Provider of learning management solutions for schools | $215M | 73/100 | |
3rd | Educational Initiatives 2001, Ahmedabad (India), Series A | Provider of educational assessments and adaptive learning solutions for students | $30.7M | 66/100 | |
4th | Imagine Learning 2004, Tempe (United States), Acquired | Provider of adaptive learning solutions for students | - | 65/100 | |
5th | IXL Learning 1998, San Mateo (United States), Funding Raised | Subscription-based personalized learning platform | - | 65/100 | |
6th | Teaching Strategies 1988, Bethesda (United States), Acquired | Early childhood education solutions | - | 63/100 | |
7th | Subject 2020, Beverly Hills (United States), Series A | SaaS-based platform providing multiple learning courses for students | $62.7M | 62/100 | |
8th | Provider of personalized learning curriculum for schools | $14.1M | 61/100 | ||
9th | App-based platform providing multi-disciplinary learning solutions for students | $5.79M | - | 59/100 | |
10th | Numerade 2017, Los Angeles (United States), Series A | Provider of study assistance platform for students | $26M | 57/100 | |
24th | Online educational platform providing tutorials | $8.32M | 50/100 |
Looking for more details on Sofatutor's competitors? Click here to see the top ones
Sofatutor's Investments and acquisitions
Sofatutor has acquired SchoolMouv. Sofatutor has not made any investments as of now.Reports related to Sofatutor
Here is the latest report on Sofatutor's sector:
News related to Sofatutor
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Previous investors are passing Sofatutor on to private equity firmsBusiness Insider Deutschland•Mar 18, 2021•Sofatutor, Emeram Capital Partners, Gimv, CSP Investment
•
Emeram, Gimv acquire Sofatutor; VC backers exitUnquote•Mar 17, 2021•Emeram Capital Partners, Gimv, Sofatutor
•
Berlin’s Sofatutor raises €3 million for its edtech platformTech.eu•Feb 14, 2018•Sofatutor, Frog Capital, Acton Capital, JCMB Beteiligungs and 3 others
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Sofatutor Raises Another €3.5M To Consolidate German Tuition Market – TechCrunchTechCrunch+•Aug 26, 2014•Sofatutor, Acton Capital, IBB Beteiligungsgesellschaft, Cornelsen and 1 other
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Finanzspritze für Sofatutor - deutsche-startups.dedeutsche-startups.de•Jan 11, 2010•Sofatutor, IBB Beteiligungsgesellschaft, JCMB Beteiligungs
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Web Site Currently Not Availableedukwest.eu•Sofatutor, Acton Capital, IBB Beteiligungsgesellschaft, Cornelsen and 1 other
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