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

Revolut Strengthens Operations by Achieving Full UK Banking Licence

The fintech firm can now offer a wider range of banking services.Highlights: Revolut receives full banking licence from...

Mastercard Strengthens Crypto Partner Programme with Big Name Signings

New partnerships aim to expand Mastercard's influence in the cryptocurrency sector.Highlights: Mastercard signs major crypto firms to its...

Ripple Strengthens Market Position with BC Payments Acquisition

Acquisition enhances Ripple's offerings in Australia and provides AFSL licence.Highlights: Ripple acquires BC Payments to enhance its Australian...

Eurosystem Strengthens Roadmap for Tokenised Wholesale Financial Markets

New strategic initiatives aim to enhance security and efficiency.Highlights: Eurosystem introduces a roadmap for tokenised wholesale financial markets.The...