InstaEdu Raises $1.1M Seed Round

[Techtaffy Newsdesk]

InstaEDU, a new website that offers one-to-one academic instruction to users, has raised $1.1 million in a seed round of funding. Led by The Social+Capital Partnership, the round also includes angel investors Bobby Yazdani, Dylan Smith, Todd Bradley, John Johnston and Nirav Tolia. Mamoon Hamid, a General Partner at The Social+Capital Partnership has joined InstaEDU’s board of directors.

InstaEDU makes it possible for anyone to instantly connect with a student from a top U.S. university and get help with any subject, any time of the day. It currently has a team of some thousand tutors, all of whom from top universities like Stanford and Harvard. The site is currently in public beta.

It costs students 50 cents a minute to get academic help. Tutors get $20 per hour.

Prior to starting InstaEDU, the founding team ran the in-home tutoring company Cardinal Scholars.


Just in

Google to relaunch Gemini AI picture generator in a ‘few weeks’ following mounting criticism of inaccurate images — CNBC

Google plans to relaunch its image-generation AI tool in the next “few weeks,” according to Google DeepMind CEO Demis Hassabis, writes Hayden Field. 

Broadcom divests End-User Computing to KKR in $4B deal

Broadcom has agreed to sell its End-User Computing (EUC) division to investment firm KKR in a deal valued at $4 billion. This move will see the division, which focuses on digital workspace solutions, becoming an independent company following the sale's completion.

Myko AI raises $2.7M

Miami, Fl-based Myko, an AI platform provider focused on analyzing sales and revenue data, has secured $2.7 million in seed funding.

Reddit hasn’t turned a profit in nearly 20 years, but it just filed to go public anyway — CNN

Reddit — which is not yet profitable — says it seeks to grow its business through advertising, more e-commerce offerings and by licensing its data to other companies to train their artificial intelligence models, writes Clare Duffy and John Towfighi.