Outschool: Raises $45M in Series B Funding

  • Outschool, a San Francisco, CA-based K-12 education marketplace, raised $45M in Series B funding
  • The round was led by Lightspeed Venture Partners with participation from, Reach Capital, Union Square Ventures, SV Angel, FundersClub, Y Combinator and others
  • The company also intends to use the funds to accelerate hiring and product development for its K-12 education marketplace
  • Outschool is an online marketplace of live, interactive classes that connect teachers and learners over real-time video in a small-group setting
  • Its offerings created by independent teachers and also include a wide variety of enrichment classes
  • Classes on Outschool range from one-time enrichment lessons to semester-long core courses, offered across all subjects, and for learners range from age 3 to 18
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Kraken Parent Acquires Bitnomial for $550M, Strengthening Crypto Offerings

This acquisition marks a significant expansion into derivatives trading.Highlights: Kraken's parent company announces $550M acquisition of Bitnomial.Bitnomial is...

NatWest Group Strengthens Free Investment Guidance Programme

New initiative aims to educate more customers on investing.Highlights: NatWest Group expands free investment guidance programme.Initiative targets educating...

Tether Launches New Stablecoin Wallet to Enhance User Experience

This innovative platform aims to improve accessibility for crypto users.Highlights: Tether has introduced a new stablecoin wallet.The wallet...

FCA Strengthens Money Laundering Combat with Synthetic Dataset

New collaboration aims to enhance detection capabilities against financial crime.Highlights: FCA partners with Turing Institute to combat money...