Filo, an instant live tutoring startup, announced it has raised $ 23 million in a Series A funding round led by Anthos Capital, according to ETtech report.
Existing investor Better Capital along with GSV, Sapling Capital, and a host of well known individual investors including Gokul Rajaram, Rob Frohwein (cofounder Kabbage), Mate Pencz and Florian Hagenbuch (founders, Loft) and Ross Lipson (cofounder, Dutchie) participated in the round.
The startup plans to use the fresh capital for product development, expanding the team, tapping new categories, and scaling its tutor base across the country.
“This round of funding will give exponential pace to an already hyper-growth trajectory of Filo and help us scale the tech and innovation opportunities. We are glad our investors share a similar vision for Filo as our leadership team. The combined strategic synergies will help us realize our mission to make the concept of ‘instant live tutoring’ a success worldwide,” Imbesat Ahmad, cofounder and CEO of Filo said.
“We are excited about Filo because of their unique value proposition to students that has resulted in rapid traction and outstanding customer advocacy. Their ability to effectively and seamlessly match teachers and students in a matter of seconds we believe to be unmatched in the market today and is a use case that can extend globally. We’re thrilled to partner with Imbesat and the Filo team,” Annie Luchsinger, Investor, Anthos Capital said.
