WyzAnt, the provider of an online marketplace for private tutoring, has received a $21.5 million investment from Accel Partners. The funds will be used to drive product development and scale WyzAnt’s platform as the company expands globally. WyzAnt enables users to search for and hire qualified, pre-screened tutors, covering more than 240 subjects ranging from elementary school subjects to college prep and university-level curricula.
The funding round marks the first outside investment that WyzAnt has received since being founded in 2005. As part of the transaction, Accel’s Ryan Sweeney and John Locke have joined the company’s Board of Directors.