Scoodle: against COVID-19 Company

Entity: Scoodle

Category: EdTech

Description: Scoodle connects people who want to learn, with people that can teach. Students can ask questions on any subject, get answers from tutors and follow up by booking lessons or joining classes. The best tutors are not always accessible. They are changing that. They are building a world where an Arabic expert living in Egypt can create a class with students from around the world. The content that their tutors create on Scoodle lives forever. This will continue to benefit other students, long after the classes have ended.

Project: Scoodle without fees for students.

Summary: Scoodle, a UK-based tutor marketplace, has made it free for students to ask tutors questions. The coronavirus pandemic and lockdown has had a significant and potentially lasting effect on education, with edtech seeing accelerated adoption on a mass scale. On a global level, edtech companies saw VC investment grow by 22% in Q1 2020. The UK is a leader in the field, with its startups attracting 41% of all European investment last year according to data from our Data Commons. Edtech investment climbed 91% from 2018 to 2019. In contrast, investment in the US actually fell by 12% and European investment only grew by 8%. Edtech companies in the UK are numerous but tend to be at an earlier stage in development than those in markets like the US. Companies have raised smaller sums of money than those in sectors such as AI, fintech and healthtech and are less well equipped to cope with the sudden demand from parents or schools. Edtech has huge potential around the world to democratise access to education, and UK companies are well-placed to provide services into the international market.
Technology: EdTech
Headquarters: United Kingdom
Founded Date: N/A
Employees Number: N/A
Funding Status: N/A

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