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GoStudent Completes Funding Round at 3 Billion Euro Valuation

  • Completes 300 million euro funding round led by Prosus
  • CEO says company may consider an IPO in couple of years

Vienna-based education technology startup GoStudent GmbH has raised 300 million euros ($340 million) in a new round of funding to expand and make acquisitions.

The fundraising values GoStudent at 3 billion euros, the company said in a statement Tuesday. Prosus NV led the round, and other investors included Deutsche Telekom AG, SoftBank Group Corp.’s Vision Fund 2 and Tencent Holdings Ltd.