Varsity Tutors to Go Public at $1.7B Valuation Through SPAC Acquisition
Edsurge
FEBRUARY 1, 2021
Along the way, Varsity Tutors raised $107 million in venture capital from firms including the Chan Zuckerberg Initiative, Learn Capital and Technology Crossover Ventures. TPG, the private equity firm behind the deal, is an investor in other edtech companies through its social-impact arm, The Rise Fund. In 2020, users logged over 4.7
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