Online tutoring platform Varsity Tutors has purchased the UK’s First Tutors in the first step of a plan to expand internationally. Varsity, which has raised $57m since its launch in 2011, will merge First Tutors’ operations and UK customers with its own platform, although the more than 30,000 will continue to trade as separate entities in the UK until they can better gauge how to price their products. The company is considering further expansion into other English-speaking territories such as Australia and South Africa.
Online tutoring platform Varsity Tutors has purchased the UK’s First Tutors in the first step of a plan to expand internationally. Varsity, which has raised $57m since its launch in 2011, will merge First Tutors’ operations and UK customers with its own platform, although the two will continue to trade as separate entities in the UK until they can better gauge how to price their products. The company is considering further expansion into other English-speaking territories such as Australia and South Africa.