Vygo works as a mobile platform that helps university students improve grades, with better access to affordable peer tutors, while also giving students a "business in a box" to earn money on campus through tutoring classes.
The Vygo team is based in Brisbane and Melbourne and says it has the ability to roll out the platform at new universities within two weeks, no matter where they are located.
Vygo is backed by River City Labs Accelerator — powered by Telstra’s muru-D — founded by Shark Tank’s Steve Baxter.
“We’re really excited to be working with Vygo,” said QUT Guild president Isobella Powell.
“Far too often we see students failing subjects and even dropping out because tutoring is too expensive. Not only does Vygo make tutoring more accessible, but it also helps provide income for students as tutors, so it's a win-win for us.”
Vygo was created by co-founders Ben Hallett, Joel Di Trapani and Steven Hastie. They were all tutors themselves and had seen firsthand how difficult it could be for their friends and peers to get the academic support they needed.
According to Vygo, students who drop out after their first semester ends can cost universities up to $50,000 in lost fees – and with over a million university students in Australia, student attrition is now estimated to be costing universities a total of $1.4 billion annually (Figures from the Hobsons Retention Project, 2010).
“Universities love that we can rapidly deploy our platform and begin supporting their students in a matter of weeks. We can’t wait to take this across Australia and the US,” said Hallett.
"Private tutoring at university level currently isn’t attainable for a lot of students because it's not affordable, not reliable and not class specific. Vygo solves these issues by deploying hyper-local campus marketplaces.”