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Virtual Class closes £4.75m Series A funding round

publication date: Jul 1, 2018

Virtual Class, the company behind Matr, the London-based provider of one-to-one online maths tuition and SATs booster programmes to primary schools in England, has announced the closure of its £4.75m Series A funding round. The company’s latest founding round was led by the UCL Technology Fund and Downing Ventures, with additional participation from existing investors Ananda, Nesta, with Sherry Coutu joining as an angel investor. The company has now raised £8.25m in funding from investors since launch in 2013.

Founded by Tom Hooper, Matr uses its online platform supports tutors from around the world to deliver live, online one-to one-tuition. The platform has already delivered over 500,000 one-to-one sessions to nearly 40,000 children, in over 1,300 schools across the UK, from tutors based in India and Sri Lanka, Matr said.

Following the company’s initial focus on providing online teaching to support pupils in UK schools, via its Third Space Learning brand, Virtual Class says the new investment will be focused on developing the Matr platform to support families at home, catering to a global teaching and student base.

Virtual college has also announced the launch of a partnership with UCL’s Professor Rose Luckin, using its database of recorded online teaching sessions to develop AI software which automates the training and development of online teachers. UCL plans to use this project as the basis for its development of a qualification to establish a global standard in online teaching.

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