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Varsity Tutors

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Private Tutoring In-Home and Online (a Nerdy company)

Clayton, United StatesFounded 2007Edtech
Valuation $250–500M Last recorded · 2018
Headcount 5–10k Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Varsity Tutors and the history behind them.

About Varsity Tutors

Varsity Tutors is an online education platform that provides personalized learning solutions to students of all ages. The company operates in the edtech market, serving a broad range of clients from elementary school students to adults seeking professional certifications.

The business model of Varsity Tutors revolves around a membership system. By subscribing to a membership, clients gain access to a variety of learning resources, including one-on-one tutoring, live group classes, on-demand lessons, and a range of practice tools. The company boasts a network of over 40,000 rigorously vetted tutors, ensuring high-quality instruction tailored to each student's needs.

The company's revenue is primarily generated through these memberships, which cover the entire household and can be customized at any time. This flexibility allows Varsity Tutors to cater to a wide range of learning needs, from catching up in school to preparing for standardized tests like the SAT.

In addition to traditional academic subjects, Varsity Tutors also offers instruction in over 3,000 subjects, including coding and paleontology, and language learning with native-speaking tutors. This broad subject offering, combined with the convenience of learning online, positions Varsity Tutors as a comprehensive solution for lifelong learning.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2007
Headquarters
Clayton, United States
Employees
5,970
Open positions
23,529
Dealroom signal
65.4/100
Industry
Education
Sub-industry
Education Providers, Learning Tools and Resources
Sector
Edtech, Higher Education, Pre-K, K-12, Tutoring and Homework, Test Prep
Business model
Marketplace & ecommerce
Client focus
b2c
Investment activity
2 companies, latest Aug 2022
Capital deployed
—
Preferred round
ACQUISITION

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Feb 2018 $50M $200M Chan Zuckerberg Initiative · Learn Capital · TCV ↗
LATE VCOther financing Dec 2017 $0 — Nimble Ventures —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Varsity Tutors website traffic

Latest recorded traffic for Varsity Tutors is 1.8M monthly website visits, down 25% over the last three months. Varsity Tutors's team declined 5.1% over the past year.

Latest monthly visits1.8M 3-month web change-25% 1-year team growth-5.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

  • Chris Sims
  • David Karandish
  • TCV
  • Adam Levine

Series B and later3 investors entered at this stage

Team profiled 99 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
51 countries with
team presence
🇺🇸 United States83.7%
🇨🇦 Canada9.6%
🇧🇷 Brazil1.4%
🇬🇧 United Kingdom0.8%
🇵🇭 Philippines0.7%
Top 5 of 51 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Varsity Tutors on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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