Mentornaut OÜ

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Mentornaut OÜ - overview

Established

2020

Location

Tallinn, -, Estonia

Primary Industry

Education/Training

About

Mentornaut OÜ is a tutoring platform that connects students with private tutors, enhancing personalized learning experiences in Estonia. The service focuses on addressing the unique academic needs of each student. Mentornaut OÜ, founded in 2020, is headquartered in Tallinn, Estonia. The company provides a platform for students to find private tutors.


In November 2021, Mentornaut raised EUR 200,000 in SEED funding from investors including the Estonian Business Angels Network, Superangel, and others. The founder, Gregor Mändma, has a background in entrepreneurship, contributing his experience to the company’s development. Mentornaut offers a platform designed to connect students with private tutors, facilitating personalized learning experiences tailored to individual needs. The service allows users to find tutors who can conduct lessons at convenient times and locations, ensuring flexibility in the learning process.


Mentornaut addresses the challenges students face when seeking academic assistance, providing customized solutions that improve educational outcomes. The company primarily serves the Estonian market, catering to various students in subjects ranging from languages to specialized topics. For the most recent year 2023, Mentornaut reported revenue of EUR 42,571. 70.


The company operates on a transaction-based model, where students pay for tutoring sessions arranged through the platform, likely involving commission or service fees per session booked. Following the SEED funding round in November 2021, Mentornaut OÜ plans to utilize the EUR 200,000 raised to enhance automation on its platform. The company aims to streamline personalized education services for parents, children, and private tutors across Africa and Eastern Europe. Mentornaut is actively looking to expand into these new geographic regions in the coming years.


Current Investors

Superangel, Estonian Business Angels Network, Specialist VC

Primary Industry

Education/Training

Sub Industries

Education & Training Website, Education & Training Services, Internet, Education & Training Software

Website

www.mentornaut.ee

Verticals

EdTech

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Mentornaut OÜ - timeline of key events

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Mentornaut OÜ - financials

Fiscal Year EndedDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)60,783---
% Revenue Growth (YoY)----
EBITDA (USD)(139,807)---
Operating Income (USD)(139,807)---
Operating Margin(230.0%)---
% EBITDA Margin(230.0%)---
NET Income (USD)(139,800)---
% Net Margin(230.0%)---

Mentornaut OÜ - employee data

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