Live tutoring startup Filo Thursday announced that it has raised $23 million in its Series A funding round led by Anthos Capital.
The round also saw the participation of existing investor Better Capital along with GSV, Sapling Capital, and a host of individual investors including Gokul Rajaram, Rob Frohwein (co-founder – Kabbage), Mate Pencz & Florian Hagenbuch (founders, Loft) and Ross Lipson (co-founder, Dutchie), the startup said in a statement.
Filo will use the funds for product development, expanding the team, tapping new categories, and scaling its tutor base across the country.
Founded in October 2020 by IITians Imbesat Ahmad, Shadman Anwer, and Rohit Kumar, Filo’s ‘instant-live tutoring’ platform claims to connect students with tutors with subject expertise in less than 60 seconds across the country. In almost a year, the startup has grown to more than 1.5 million downloads and more than 350K monthly active users.
The live platform is present in more than 15 countries and has over 40,000+ tutors on the platform. In the next 12 months, the platform plans to onboard over 200,000 tutors across India and conduct 2 million live classes every day, the statement added.
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