Outschool, a San Francisco, CA – based K-12 education marketplace, raised $110M in Series D funding at a $3 Billion valuation.
The round was led by previous investor Tiger Global Management and adds Bond. Additional participants in the round include Lightspeed Ventures, Union Square Ventures, Reach Capital, Coatue, FundersClub and SV Angel.
The funding provides the company with additional resources to fulfill its mission to positively impact society by inspiring a love of learning in children across the world.
Led by Amir Nathoo, CEO, Outschool is an innovative education platform that offers a variety of engaging, small-group classes online, an opportunity to explore their interests in-depth with interactive classes taught via live video by experienced, independent teachers and organizations.
Classes on Outschool range from one-time classes, to ongoing social groups, one-on-one tutoring, week-long camps, and ongoing courses. Classes are offered across all subjects, and for learners ranging from age 3 to 18. For families with a financial need, their nonprofit arm Outschool.org provides access to unique classes and camps.
The company has expanded its offering domestically and globally. Previously only available as a teaching opportunity to teachers in the United States and Canada, the company grew its offerings and its reach in countries such as Australia, New Zealand, and the UK to engage thousands of kids looking for time-zone-friendly classes.
FinSMEs
15/10/2021