What is Outschool?
Founded in 2015 and headquartered in San Francisco, Outschool operates as a sophisticated education platform that bridges the gap between traditional learning and modern digital engagement. By leveraging a robust video chat architecture, the company facilitates interactive messaging and virtual summer camps, effectively democratizing access to specialized instruction. Its market position is defined by its ability to foster community-driven learning experiences, catering to a diverse demographic of students seeking supplemental education outside of conventional classroom settings.
How much funding has Outschool raised?
Outschool has raised a total of $240.2M across 6 funding rounds:
Angel/Seed
$320K
Angel/Seed
$1.4M
Series A
$8.5M
Series B
$45M
Series C
$75M
Series D
$110M
Angel/Seed (2016): $320K with participation from SV Angel, Y Combinator, and FundersClub
Angel/Seed (2017): $1.4M led by Collaborative Fund, SV Angel, Y Combinator, S28 Capital, Learn Capital, Sesame Workshop, and FundersClub
Series A (2019): $8.5M supported by Reach Capital and Union Square Ventures
Series B (2020): $45M featuring Union Square Ventures, Y Combinator, FundersClub Inc, Lightspeed Venture Partners, SV Angel, and Reach Capital
Series C (2021): $75M backed by Coatue and Tiger Global Management
Series D (2021): $110M with participation from SV Angel, FundersClub, Tiger Global Management, Bond Capital, Union Square Ventures, Reach Capital, Lightspeed Venture Partners, and Coatue
Key Investors in Outschool
Tiger Global Management
Tiger Global Management is an investment firm deploying capital in both public and private markets. The company was founded in 2001 and is headquartered in New York City, New York.
Lightspeed Venture Partners
Lightspeed Venture Partners is a global multistage venture capital firm that invests in early and growth-stage technology companies across sectors such as enterprise software, consumer, and fintech.
Coatue
Coatue Management is an employee-owned hedge fund sponsor that provides services to pooled investment vehicles, investing in both public and private equity markets.
What's next for Outschool?
Following its latest major strategic investment, Outschool is well-positioned to accelerate its product development and market penetration. The company's lifecycle stage, characterized by significant enterprise-level funding, suggests a focus on operational scaling and the enhancement of its proprietary technology stack. Future initiatives will likely prioritize the expansion of its educator network and the diversification of its curriculum offerings to maintain a competitive edge in the rapidly evolving ed-tech ecosystem. By leveraging its substantial capital reserves, Outschool aims to solidify its role as a primary destination for lifelong learning and skill acquisition.
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