Tutorfly is an educational technology company that connects students with peer tutors for personalized academic assistance. They generate revenue through a subscription-based model where students and parents pay for tutoring sessions. Founded with the mission to make tutoring more accessible and effective, Tutorfly emphasizes the importance of peer-to-peer learning, leveraging the relatability and recent experience of tutors who have excelled in the same subjects. The company has grown significantly by focusing on creating a supportive and engaging learning environment.