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On-Demand Non-public Tuition Market Sophia Applied sciences Rapidly Secures £300,000 Fairness Crowdfunding Goal on Seedrs

August 15, 2020

 

Sophia Applied sciences, a UK-based on-demand market for the non-public tuition trade, has efficiently secured its preliminary £300,000 fairness crowdfunding goal by way of its Seedrs marketing campaign. Launched in 2019, Sophia’s key mission is to offer a extra accessible, handy, secure, and environment friendly approach of supporting training for folks, tutors, and college students alike.

Sophia additional revealed that its tutors are totally vetted by the training staff towards the best requirements in safeguarding and safer recruitment. Classes are booked by way of an app and are delivered on-line, at dwelling, or anyplace the consumer finds handy.

“Sophia takes a hard and fast % fee when the session is booked and pays the rest to tutors. Sophia covers variable prices together with ‘gig-economy’ insurance coverage (by way of a partnership with Tapoly), fee processing charges (partnership with stripe) and retains gross revenue of 16.4% per common session.”

The corporate affords the next:

  • Digital Faculty: Classes are run day by day and canopy core curriculum throughout age teams from KS1 to GCSE. As much as three dad and mom can e-book right into a single session, dad and mom get to pick topic however not the precise time or tutors. Lessons get booked up weeks prematurely and this cross pollenates into shoppers reserving particular tutors for one-to-one periods by way of the app.
  • SophiaX: All kinds of extra-curricular programs (Ebook membership, Harry Potter and his World, Minecraft coding, Debating, Mathematical Artwork, Coding a Lego Maze), SophiaX feeds child’s curiosity and elevates their studying with a wide range of actual time on-line courses.

Funds from the Seedrs spherical will likely be used to proceed the expansion and growth of the Sophia platform. The corporate is now providing 13.24% in fairness at a £2 million pre-money valuation. The marketing campaign is ready to shut mid-September.


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