InstaEDU Secures $1,100,000 Seed Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=804f2a96-b49f-4242-bfdc-6d0c93c95a5a&Preview=1
Date
5/31/2012
Company Name
InstaEDU
Mailing Address
115 Sansome St. San Francisco, CA 94104
Company Description
Stumped high school and college students pay InstaEDU by the minute to video chat with tutors from top universities at any hour of the day. InstaEDU will use the seed to grow its team and build critical features like advanced scheduling.
Website
http://www.instaedu.com
Transaction Type
Venture Equity
Transaction Amount
$1,100,000
Transaction Round
Seed
Proceeds Purposes
The $1.1 million could make InstaEDU even more personal, funding development of a matching engine that could pair students with tutors who have similar interests.
M&A Terms
Venture Investor
The Social+Capital Partnership
Venture Investor
Undisclosed