This website stores cookies on your computer. These cookies are used to improve your website experience and provide more personalized services to you, both on this website and through other media.
Accept
EdTechReviewEdTechReview
  • News
  • Trends
  • Insight
  • eLearning
  • Research
  • Dictionary
  • EdTech Voices
  • More
    • Data & Statistics
    • Reviews
    • AWS for Education
    • Events

    Resources

    • Infographics
    • Reports & Case Studies
    • Videos
    • Books
    • Webinar

    Needs

    • 1:1 Learning
    • 21st Century Education
    • 21st Century Leadership
    • 21st Century Learning
    • 21st Century Teaching
    • 3D Printing
    • More Tags

    For

    • Students
    • Teachers/Educators
    • Administrators
    • Entrepreneurs/Startups
    • Govt. Officials/Policymakers
    • Parents
Explore

Contribute

  • Submit A Post
  • EdTech Trainers and Consultants
  • Your Campus EdTech
  • Your EdTech Product
  • Your Feedback
  • Your Love for Us
  • EdTech Product Reviews

ETR Resources

  • About
  • Mission/Vision
  • Team
  • Services
  • Testimonials
  • Authors
  • Sponsor
  • Partner
  • Advertise
  • Our Clients
  • Media Kit
  • Press Release
  • FAQ’S
Reading: Non-Traditional Education Provider Outschool Raises $110M at $3B Valuation
Aa
EdTechReviewEdTechReview
Aa
  • News
  • Trends
  • Insight
  • eLearning
  • Reviews
  • Dictionary
  • EdTech Voices
  • Data & Statistics
  • Research
  • AWS for Education
  • Events
  • Voices
  • Tags
  • About
  • Contribute
  • FAQ’S
  • Our Clients
  • Partner
Follow US
Home > News > Non-Traditional Education Provider Outschool Raises $110M at $3B Valuation
News

Non-Traditional Education Provider Outschool Raises $110M at $3B Valuation

 - Shalini-pathak
Shalini Pathak Published Oct 14, 2021
Share
4 Min Read
Outschool Raises $45m - Outschool Raises M
Non-traditional Education Provider Outschool Raises $45M for Virtual Small Group Classes
SHARE

Outschool, an online marketplace for kid-friendly enrichment classes, has raised $110 million in its Series D funding, bringing its valuation to $3 billion just four months after hitting unicorn status.

AdvertisementWhy this Ad?

AdvertisementWhy this Ad?

Founded in 2015 by Amir Nathoo, Mikhail Seregine, and Nick Grandy, Outschool provides a marketplace of live online classes for kids ages 3 to 18. It connects learners, parents, and teachers to create interest-based, small-group learning experiences that take place over video chat. Outschool classes give kids the unique opportunity to explore their interests in-depth via interactive, live video by experienced and independent teachers. Currently, the platform offers more than 140,000 live online classes to more than 1,000,000 learners in 183 countries worldwide.

Outschool offers classes for various subjects including arts, English, life skills, music, coding & tech, health & wellness, math, science & nature, language, and others. With hundreds of thousands of live online classes, it makes sure there is a class for every interest and allows learners to explore new passions, encounter new perspectives, and build new skills by enrolling in classes with peers who share similar interests.

The San Francisco-based EdTech company also curates landing pages on behalf of employers, who then offer the service to working parents. It also offers a concierge service in which parents can share their kids’ interests and availability, and an Outschool team member will book classes on their behalf with employer-paid credits.

Speaking about the company, Amir Nathoo, Co-founder & CEO of Outschool, said in a statement,

“We were an early-stage startup, we had very, very promising growth and a vision for the future, which resulted in our Series A round of funding. Suddenly, we’ve rapidly had to accelerate to being a growth stage company, we’ve gone from 25 employees to 164, and single-digit millions of bookings to over $100 million in bookings.”

Nathoo said the company has prioritized expansion this year and so they are not focused on profitability.

In recent months, Outschool’s employer benefit offering has attracted significant interest. Over the past year, employees have spent over $1.1 million in employer-paid credits on Outschool. The company also wants to build onboarding and enrollment into schools, as well as get on the same wavelength as state and local regulators.

In its previous funding round, Outschool announced that it has dedicated 2% of its stock to reward teachers, in the event of liquidity. The company also established Outschool.org, which has doled out $2,500,000 worth of classes for free to low-income families in the US.

Outschool has last raised $75 million in its Series C funding round led by Coatue and Tiger Global Management in April this year. Prior to that, it raised $45 million in its Series B round in September 2020 led by Lightspeed Venture Partners, with participation from Reach Capital, Union Square Ventures, SV Angel, FundersClub, Y Combinator, and others.

TAGGED: EdTech Funding, Interest-based Learning, Live Class, Live Online Learning, Small Group Learning
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Reddit Telegram Email Copy Link
 - Shalini-pathak
Posted by Shalini Pathak
Follow:
Shalini Pathak is a Staff Writer at EdTechReview (ETR) - India's leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she's an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.
Previous Article Appadmit – Smart Consulting Platform - Appadmit – Smart Consulting Platform AppAdmit – Smart Consulting Platform To Guide MBA & Master’s Students
Next Article How Schools Are Using Canva to Spark Student Creativity and Engag - How Schools Are Using Canva to Spark Student Creativity and Engag How Schools are Using Canva to Spark Student Creativity and Engagement
AdvertisementWhy this Ad?

Latest EdTech News To Your Inbox

Stay Connected

Facebook Twitter Youtube Instagram Linkedin
AdvertisementWhy this Ad?

Latest Post

Female-founded Cleverbean Secured $200,000, Preventing Teach Burnout - Female-founded Cleverbean Secured 0,000, Preventing Teach Burnout
Female-Founded Cleverbean Secured $200,000, Preventing Teach Burnout
News May 29, 2023
Edtech Zydii Take Up Funding; Plans for Expansion in Nigeria and South Africa - Edtech Zydii Take Up Funding; Plans for Expansion in Nigeria and South Africa
Edtech Zydii Take Up Funding; Plans for Expansion in Nigeria and South Africa
News May 29, 2023
How to Develop an Entrepreneurial Mindset in Students - How to Develop an Entrepreneurial Mindset in Students
How to Develop an Entrepreneurial Mindset in Students
Insight May 29, 2023
from Distraction to Distinction: How Responsible Use of 1:1 Devices Can Revolutionize Learning in Schools - from Distraction to Distinction: How Responsible Use of 1:1 Devices Can Revolutionize Learning in Schools
From Distraction to Distinction: How Responsible Use of 1:1 Devices Can Revolutionize Learning in Schools
Insight May 27, 2023
AdvertisementWhy this Ad?

Latest EdTech News To Your Inbox

Stay Connected

Facebook Twitter Youtube Instagram Linkedin
AdvertisementWhy this Ad?

You Might Also Like

Female-founded Cleverbean Secured $200,000, Preventing Teach Burnout - Female-founded Cleverbean Secured 0,000, Preventing Teach Burnout
News

Female-Founded Cleverbean Secured $200,000, Preventing Teach Burnout

May 29, 2023
Edtech Zydii Take Up Funding; Plans for Expansion in Nigeria and South Africa - Edtech Zydii Take Up Funding; Plans for Expansion in Nigeria and South Africa
News

Edtech Zydii Take Up Funding; Plans for Expansion in Nigeria and South Africa

May 29, 2023
Kira Learning Raises $15m in Series a Funding Round - Kira-learning-raises-m
News

Kira Learning Raises $15M in Series A Funding Round

May 26, 2023
Course-sharing Platform Acadeum Raises $12m to Expand Its Operations - Acadeum-raises-m
News

Course-Sharing Platform Acadeum Raises $12M to Expand Its Operations

May 26, 2023
San Francisco-based Staffing Startup Instawork Raises $60m in Series D Round - Instawork-raises-m
News

San Francisco-Based Staffing Startup Instawork Raises $60M in Series D Round

May 26, 2023
Uplifters Introduces Industrial Projects & Internship Programme for College Students - Uplifters-introduces-industrial-projects
News

Uplifters Introduces Industrial Projects & Internship Programme for College Students

May 26, 2023
Vias Campus Management Raises $3.3m in Series a Funding - Vias-campus-management-raises-m
News

VIAS Campus Management Raises $3.3M in Series A Funding

May 25, 2023
Niit Ltd Completes Demerger of Corporate Learning Business into Niit Learning Systems Ltd - Niit-ltd-completes-demerger-of-corporate-learning-business
News

NIIT Ltd Completes Demerger of Corporate Learning Business Into NIIT Learning Systems Ltd

May 25, 2023
Show More
EdTechReviewEdTechReview

H433, 2nd Floor, Vikaspuri, New Delhi, India, 110018
Phone: 011 41321030

Follow US

Copyright © EdTechReview. All Rights Reserved.

  • Home
  • Advertise
  • Event Associations
  • Press Release
  • About
  • Services
  • Contribute
  • News
  • Trend & Insight
  • Data & Statistics
  • eLearning
  • Reviews
  • Research
  • Voices
  • Dictionary
  • Tags
  • Resources
  • Events
  • Courses
  • EdTech Product for Review
  • Our Clients
  • FAQ’S
  • Contact Us
  • Important Links
  • Sitemap
  • Terms of Use
  • Privacy Policy
newsletter
Join 100K+ subscribers!

Subscribe to our weekly newsletter that brings the latest EdTech news, trends, insights, reports, interviews, etc. for educators, school leaders, entrepreneurs, investors, & others.

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?