Classover, a live online learning platform that offers after-school and homeschool programs, has raised over $1.5 million in seed funding round.
The round was led by a number of high-profile investors, including public company CEOs and successful entrepreneurs.
The New York-based startup plans to use the fresh capital towards expanding its team as well as bolstering R&D and engineering.
Started in 2020 by Stephanie Luo, Classover offers a one-stop high-quality learning solution for K-12 kids around the globe. Students at Classover participate in online interactive teacher-led after-school and homeschool classes. The platform commits to offering students the academic advantage.
The startup also provides courses in over 18 high-demand subjects, guaranteed to improve their capabilities seamlessly. All the teachers are state-certified and are carefully selected from the top elementary and middle schools in the nation.
Speaking about the fundraise, Founder and CEO of Classover, Stephanie Luo, said,
"Since our inception, we've been achieving rapid growth with over 350,000 live lesson participations by students from approximately 30 countries. Both parents and kids find our enrichment program an engaging, rewarding, and personalized learning experience, and that's why more than half of our customers are referrals. Today's funding milestone will allow us to further drive improvements to our customers' experience and to attract new talent to help us achieve our vision of becoming a leader in virtual after-school and homeschool education."
The company works with hundreds of certified instructors and curriculum specialists based in the US and offers approximately 20 different learning subjects, including math, coding, art, music, language, and chess.
Classover also offers a full money-back guarantee if students aren't satisfied with the courses, the platform is always there to help with any concerns students may have. The courses students have purchased will not expire, they can take as long as students want to finish all purchased courses.
In the near future, Classover also plans to contract over 1,000 teaching staff in the US.