Canadian-based education startup Paper is now a unicorn.
The company aims to provide tutoring at more accessible costs and is now valued at $1.5B.
- Paper,
founded by Phil Cutle,r offers students free personalized tutoring
sessions and course types across grade levels in over 400 schools.
- The Montreal-based company instead charges schools and districts about $40 per student to offer the service in schools.
- Cutler
noted the biggest hurdle currently is building “awareness” around the
product so students can take advantage of the personalized learning
opportunities.
- The company has raised a total of $390M from investors like Google and SoftBank since its founding in 2014.
