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120%
Raised
£150,000
Investors
74
Target
£125,000
Equity
10.00%
Pre-money valuation
£1,350,000

Tutora is taking the UK's £6 billion strong industry online with an end-to-end service linking private tutors to students. Having launched their website in August 2015 their tutors have taught over 3,000 lessons.

  • A quarter of British children have received private tuition
  • The UK tuition industry is worth an estimated £6 billion annually
  • Tutora's gross bookings were over £28,000 in March
  • Since launch in August 2015 Tutora now has over 1400 active tutors

Idea

The UK private tuition industry is large and growing with an estimated market value of £6bn annually in the UK, where a quarter of British children have received private tuition. Tutora aims to help parents find and book great private tutors online, and since launching in mid-2015, our tutors have taught over 3000 lessons, in subjects ranging from Maths and English to Spanish and Accounting. Founded by a Private Tutor and a Technology Investor, we are now seeking investment to build on our success and rapidly scale the business, both across the UK and internationally.

Our feedback from students suggests they are seeking expert, local tutors, who they can easily contact and book quickly. We believe Tutors are looking for new students to fill their timetable, help with collecting payments and an easy way to manage their business. Tutora meets all of these needs. Our website allows parents and students to view clear, informative profiles of the best tutors near them, message them for free, and book and pay for lessons. We believe a key aspect of our product is our ‘best match’ algorithm, ranking tutors based on a combination of factors we deem important and guiding students to the right tutor for them. Our site is free to join for tutors, who can create beautiful profiles within minutes. We handle all of the billing and scheduling for them, and pay our tutors directly into their bank accounts, protecting them in the case of cancellations.

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

Tutora has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Seed Enterprise Investment Scheme (SEIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 50 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.