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GoStudent

Edtech / online tutoringAustria
New to Unitard
✂️ Markdown
Peak $3.4 BillionToday
~-89%
from peak
  1. 🦄
    Became a unicorn
    Jun 2021
  2. 📈
    Peak valuation
    $3.4 Billion ’22
  3. 💔
    Became a Unitard
    Mar 2025
  4. 💸
    Last valuation
    ~$360M
Current status
Operating; says it has been profitable since 2024 after three rounds of layoffs; no new priced equity round reported since the Jan 2022 Series D

The rise & fall

9 moments · 2016–2026

The key moments, with employee sentiment along the way.

2016
Founded in Vienna by Felix Ohswald and Gregor Müller
The pair build a marketplace for paid one-to-one online tutoring for school pupils.
TechCrunch
Jun 22 ’21
Europe's first edtech unicorn$1.67B
A €205M Series C values GoStudent at €1.4B (about $1.7B); DST Global, SoftBank and Tencent invest.
Reuters
Jan 11 ’22
The peak: Prosus leads a €300M Series D at €3B$3.4B
Deutsche Telekom, SoftBank Vision Fund 2, Tencent, Dragoneer, Left Lane and Coatue join; sessions booked hit 1.5M a month.
tech.eu
Aug 2023
$95M raised in equity and debt
The raise follows a €220M loss in 2022 and layoffs that cut the company's cash use by 70% in 2023.
TechCrunch
Mar 25 ’24
Says it is profitable after a third round of layoffs
CEO Felix Ohswald says GoStudent is EBITDA-positive with positive operating cash flow across its markets.
TechCrunch
Jun 28 ’24
Prosus cuts its stake's value to $68M from $160M
Prosus paid $226M in 2022. GoStudent says its last valuation was set in early 2022.
Trending Topics
From the inside · Glassdoor reviews, 2022–24
Staff ratings on Glassdoor fell from about 4.7 stars in 2021 to about 2.6 in 2023-24 as employees described repeated layoffs, commission changes and poor communication; freelance tutors mostly faulted pay and unpaid trial lessons.
Mar 31 ’25
Prosus marks its stake at $39M — joins the Unitard Club 💔
The year-end mark is 83% below cost, implying well under $1B for the company.
Prosus
Mar 31 ’26
Stake marked at $24M, about 89% below cost
Prosus's FY2026 annual report lists GoStudent at $24M among its unlisted investments.
Prosus

💬 entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗; dated facts carry their source.

How it happened

GoStudent, founded in Vienna in 2016 by Felix Ohswald and Gregor Müller, matches school pupils with paid one-to-one online tutors. Pandemic demand made it Europe's first edtech unicorn in June 2021. In January 2022 Prosus led a €300M Series D at a €3B valuation, about $3.4B.

GoStudent lost €220M that year as demand cooled, then cut staff in three rounds and said it was profitable by March 2024. Prosus paid $226M for its stake in 2022. Its annual reports show it valuing that stake at $160M in March 2023, $68M in 2024, $39M in 2025 and $24M in March 2026.

Prosus valued its stake at $24M, about 89% below what it paid, which implies roughly $360M for the whole company. Freelance tutors reviewing the platform mostly faulted low pay and unpaid trial lessons.

Source: Reuters via Nippon.com (June 22, 2021): €205M Series C at €1.4B. FE News / company release and tech.eu (Jan 11, 2022): €300M Series D led by Prosus at €3B ($3.40B at the ECB rate of 1.1336 for Jan 11, 2022). Trending Topics (June 28, 2024): Prosus paid $226M in March 2022 for about 8%. Prosus annual reports, note on investments at fair value through OCI (unlisted): GoStudent stake $160M (Mar 31, 2023) and $68M (Mar 31, 2024) in the FY2024 report; $39M (Mar 31, 2025) in the FY2025 report; $24M (Mar 31, 2026) in the FY2026 report. The drop is keyed to 1 − 24/226 = 89.4% on Prosus's own stake (implying about $361M for the company); these are marks on Prosus's holding, not a company valuation. TechCrunch (Mar 25, 2024): profitable, losses of €89M in 2021 and €220M in 2022, a $95M equity-and-debt raise in Aug 2023.

Founders

Current roles as self-reported on LinkedIn, retrieved 2026-10-22. See our methodology.

Disclosed investors (13)

Historical funding participation; lists may be incomplete and do not establish current ownership or investor losses.

* Lead in a funding round · Crunchbase ↗ · 2026-10-22 · Methodology · Leaderboard

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