Fundraising for Livementor, the pure player who challenges Acadomia

by bold-lichterman

Break the prices of tutoring: this is the mission that the founders of Livementor. This Parisian start-up publishes a platform that connects Internet users looking for support in a subject (mathematics, biology, etc.) or a field (IT, office automation, accounting, etc.) with “mentors” ready to offer their services. Once the connection has been made, the course takes place by webcam. The site also integrates collaborative work tools such as simultaneous note taking between the student and the mentor, or even live drawing for geometry.

Launched in 2012, the start-up now claims 12,000 users, including 2,500 mentors. If the latter are free to set their prices, it takes, on average, 16 euros per hour for a college level course, 19 euros for the high school level and 26 euros for the higher, ensures the company. Side economic model, Livementor is remunerated by taking a commission of 15%.

To accelerate, the company has just raised 900,000 euros from ISAI Seed Club and several business angels, including Nicolas Brusson (co-founder of Blablacar), Thibaud Elzière (co-founder of Fotolia) and Pierre Kosciusko-Morizet (co-founder of PriceMinister). With this new investment, the three founders, whose average age is 25, wish to develop in all French-speaking countries. More details with Alexandre Dana, co-founder of Livementor.

Founders: Alexandre Dana, Charles Lefebvre du Preÿ and Grégoire Clermont

Creation: 2012

Market : online tutoring

Funding: 900,000 euros raised (September 2015)

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