{"id":5391,"date":"2021-09-27T10:00:36","date_gmt":"2021-09-27T08:00:36","guid":{"rendered":"https:\/\/blog.startups.ch\/en\/?p=5391"},"modified":"2021-08-12T21:55:13","modified_gmt":"2021-08-12T19:55:13","slug":"gostudent-is-austrias-second-and-most-valuable-unicorn","status":"publish","type":"post","link":"https:\/\/blog.startups.ch\/en\/gostudent-is-austrias-second-and-most-valuable-unicorn\/","title":{"rendered":"GoStudent is Austria&#8217;s second and most valuable Unicorn"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">The Austrian tutoring platform GoStudent has reached a valuation of 1.3 billion euros, making it the country&#8217;s second and most valuable unicorn. The ambitious startup&#8217;s mission is to build the largest education platform in the world. <\/h2>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/i0.wp.com\/blog.startups.ch\/wp-content\/uploads\/2021\/07\/pexels-ivan-samkov-5676744.jpg?fit=1200%2C800&amp;ssl=1\" alt=\"\"\/><\/figure>\n\n\n\n<p>At a time when other companies are struggling to survive, the Austrian startup <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.gostudent.org\/en\" target=\"_blank\">GoStudent<\/a> has flourished. The covid-19-pandemic has helped the online tutoring platform to a break through. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>From a Whatsapp chat to a million-dollar startup<\/strong><\/h3>\n\n\n\n<p>GoStudent was founded by the two entrepreneurs Felix Ohswald (CEO) and Gregor M\u00fcller (COO). What is now a billion-dollar startup began as a Whatsapp group in 2016. The chat allowed students to directly ask questions about their homework and receive competent answers from older students. Later, Ohswald and M\u00fcller launched an app developed specifically for such exchanges. However, the two founders soon realized that it was difficult to commercialize said idea. A real business model was needed, which is why Oshwald and M\u00fcller began offering one-on-one tutoring via video chat in 2018.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Austria&#8217;s second and most valuable unicorn<\/strong><\/h3>\n\n\n\n<p>In its last financing round GoStudent recently received a total of 205 million from well-known investors such as Japan&#8217;s Softbank and the Chinese Internet giant Tencent. The young company thus newly reaches a valuation of 1.3 billion euros. After the crypto exchange Bitpanda, the tutoring startup is now Austria&#8217;s second and at the same time most valuable unicorn. But the entrepreneurial spirit does not end there. By 2021, Oshwald and M\u00fcller want to be the market leaders in all major European countries. The company&#8217;s ambitious mission is to build the largest education platform in the world. <\/p>\n\n\n\n<p>Do you have any innovative business idea you would like to make come\ntrue? Use STARTUPS.CH experts to become self-employed.<\/p>\n\n\n\n<p>Get started as Mompreneur: <a href=\"http:\/\/www.mom-preneur.ch\/en\/home\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">www.mom-preneur.ch\/en\/home<\/a> <\/p>\n\n\n\n<p>Get started as Dadpreneur: <a href=\"http:\/\/www.dad-preneur.ch\/en\/home\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">www.dad-preneur.ch\/en\/home<\/a><\/p>\n\n\n\n<p>Get started as Seniorpreneur: <a href=\"http:\/\/www.senior-preneur.ch\/en\/home\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">www.senior-preneur.ch\/en\/home<\/a><\/p>\n\n\n\n<p>Get started as Youngpreneur: <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"http:\/\/www.young-preneur.ch\/en\/home\" target=\"_blank\">www.young-preneur.ch\/en\/home<\/a><\/p>\n\n\n\n<a class=\"postButton\" href=\"https:\/\/www.startups.ch\/en\/blog\/\" target=\"_blank\" rel=\"noopener noreferrer\">\u00bb Blog<\/a><a class=\"postButton\" href=\"https:\/\/www.startups.ch\/en\/services\/business-incorporation\" target=\"_blank\" rel=\"noopener noreferrer\">\u00bb Found online<\/a>\n","protected":false},"excerpt":{"rendered":"<p>The Austrian tutoring platform GoStudent has reached a valuation of 1.3 billion euros, making it the country&#8217;s second and most valuable unicorn. The ambitious startup&#8217;s mission is to build the largest education platform in the world. At a time when other companies are struggling to survive, the Austrian startup GoStudent has flourished. The covid-19-pandemic has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[381],"tags":[],"jetpack_publicize_connections":[],"aioseo_notices":[],"views":1331,"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p54Pb1-1oX","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts\/5391"}],"collection":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/comments?post=5391"}],"version-history":[{"count":4,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts\/5391\/revisions"}],"predecessor-version":[{"id":5395,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/posts\/5391\/revisions\/5395"}],"wp:attachment":[{"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/media?parent=5391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/categories?post=5391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.startups.ch\/en\/wp-json\/wp\/v2\/tags?post=5391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}