Online tutoring platform, evulpo has recently raised $8.3 million in a seed round co-led by the domestic VC Serpertine Ventures and angel investor. The round also saw participation from existing investors such as the wefox founder Dario Fazlic.
Launched in Zurich in 2021 by Dr. Christian Marty, Jonas Fehlmann, Manuel Kant, evulpo provides a personal tuition platform enabling primary and secondary school pupils to access explanatory short-form videos online, along with interactive exercises of varying difficulty. The company wants to impart general knowledge about socially relevant topics. Not only lessons on compulsory school subjects, but also lessons on important social issues are published on the learning platform. Together with companies that are experts in the respective field, the startup develops lessons on socially relevant topics.
The company has a mission, all students worldwide should have access to tutoring and education. It also offers free help with school material in Switzerland via its e-learning platform, which includes thousands of explanatory videos, summaries and interactive exercises.
Speaking about the company, Co-founder & CEO of evulpo, Dr. Christian Marty, said:
We offer tutoring for everyone. What distinguishes us from other tutoring platforms is the clear focus on the curriculum and free basic access that includes all majors and minors. Learning with evulpo is motivating because it helps with exactly what is required in exams. Since our foundation, we have received great feedback from students and parents, who are happy to receive only relevant curriculum content in a contemporary and understandable way. That’s why we’re all the more pleased to already have first-class investors and partners at our side to turn the world of tutoring upside down.
In each of its operating markets evulpo aims to ensure its educational content relates to the actual courses taught in primary school and high school. The platform includes a free access tier, which it anticipates will reach students around the world “regardless of their origin or financial background.” When the parents’ income is no longer an issue evulpo’s business model is unusual because basic access to the platform is free. Only those who want to use the offer very intensively or want to see daily learning statistics can opt for a monthly or annual subscription. With evulpo, however, an annual subscription does not cost much more than the price for a single offline tutoring lesson.
Commenting on the fundraising, Co-founder & COO of evulpo, Manuel Kant, said:
We plan to expand into South America and Africa in the fourth quarter. People there have a high digital affinity and there is a clear need for easy access to education.
In addition to Germany and Switzerland, evulpo has also been available in France, Italy, Spain, Portugal and England since the end of last year. It proposes to invest seed funds to expand into South America and Africa, with launches in both continents slated for the fourth quarter.
