Outschool

Outschool, Inc.
IndustryOnline education
Founded2015
Founder
  • Amir Nathoo
  • Mikhail Seregine
  • Nick Grandy
HeadquartersSan Francisco, California
Revenue$100,000,000 (2020)
OwnerAmir Nathoo
Number of employees
110 (2020)
Websitehttps://outschool.com/

Outschool, Inc. is an American online marketplace of virtual classes for children.[1] It is headquartered in San Francisco, California.[2]

History

Outschool was co-founded in 2015 by Amir Nathoo, alongside former Google employee Mikhail Seregine and Nick Grandy, an engineer working for Airbnb.[3][4]

Using seed money from startup accelerator Y Combinator, Nathoo and company created the platform's website in 2016; the first class was released shortly after in 2017.[3]

In September 2020, Outschool raised $45 million in a round of Series B funding led by Lightspeed.[5] This was followed in April 2021 by $75 million of Series C funding, causing the company to become a unicorn valued at $1.3 billion.[6] In October 2021, the firm raised $110M in Series D funding led by Tiger Global Management, which brought its valuation to $3 billion.[7]

References

  1. ^ Campbell, Simon (2020-10-30). "Fast 100: Outschool is booming while school is out". San Francisco Business Times. Retrieved 2021-06-04.
  2. ^ Fortson, Jobina (2020-12-10). "Job hunting with Jobina: San Francisco-based Outschool hiring teachers". ABC7 San Francisco. Retrieved 2021-06-03.
  3. ^ a b McDonald, Kerry. "Outschool.com Takes Education Out Of Schooling". Forbes. Retrieved 2021-06-03.
  4. ^ Ryan, Kevin J. (2020-03-27). "With Schools Closed, Online Learning Startup Outschool Sees Surge in Demand for Its Classes". Inc.com. Retrieved 2021-06-04.
  5. ^ FinSMEs (2020-09-18). "Outschool Raises $45M in Series B Funding". FinSMEs. Retrieved 2021-06-04.
  6. ^ "Outschool is the newest edtech unicorn". TechCrunch. 14 April 2021. Retrieved 2021-06-03.
  7. ^ Outschool. "Outschool Adds $110M Series D Round, Bringing Valuation to $3B". www.prnewswire.com (Press release). Retrieved 2022-04-25.
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