London’s Edumentors Secures €1.7 Million In Pre-Seed Round

The round was led by Abu Dhabi-based VC fund Magna Investments, with participation from prominent angel investors across the UK and over 10 other countries.

“We believe every student deserves a world-class education, no matter their location or social background. With our new AI tutor – Edu AI, we’re opening doors for hundreds of millions of students to get access to the highest quality individual tutoring,” said Tornike Asatiani, Founder & CEO of Edumentors.

Founded in 2022, Edumentors connects children with top-performing students from elite UK universities like Oxford and Cambridge. These student-tutors build strong emotional bonds with children teaching in a way that’s easy for kids to understand. The company believes this trusted, relatable approach makes their tutoring model superior to others.

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Edumentors’ services have helped thousands of students across 35 countries with 98% of parents reporting significant improvements in their children’s academic performance.

With Edu AI, Edumentors aims to expand this mission by making world-class tutoring accessible for free.

Despite AI advancements, quality education remains hard to access. Experienced tutors are costly, and limited human resources make personalized tutoring expensive, leaving many families unable to benefit.

Edumentors reports that the global online tutoring market is expected to reach €23.1 billion with an annual growth rate of 14.5%, but this pales in comparison to the potential market unlocked by AI tutoring.

The new funding will help accelerate growth of their existing human-to-human tutoring platform and support R&D for new product development. Having already sold 100,000 lessons, Edumentors continues to gather data to build their AI tutor.

While this Seed round focuses on market expansion and AI development, the company plans a larger Series A round to enter the U.S. market.

“Since its launch in 2022, Edumentors has held a unique niche in online education. It connects high-achieving student-tutors from top universities with children in need. While most companies overlook this talent-pool, Edumentors built a brand around them and already made over $3 million in sales. Given the growth rate and ambition with AI, Edumentors has the opportunity to become the next unicorn in education,” said Richard Hargreaves.

Edumentors has launched three AI tools: an exam marking AI, an AI avatar parent influencer, and an AI tutor training module. Upcoming developments include Edu AI and an AI Co-pilot, designed to elevate online education.

With Edu AI, Edumentors aims to move beyond traditional tutoring and enter a new market segment.

About Edumentors

Edumentors connects students with elite tutors from top UK universities, offering academic support, motivation, and career guidance. Since launching in 2022, it has rapidly expanded across the UK, EU, and Gulf regions, earning recognition like Tech Nation’s Rising Stars and securing £550k in funding and grants.