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

Former Royal Mint Executives Secure Backing for Precious Metals Trading Platform

New platform aims to modernize precious metals trading for investors.Highlights: Former Royal Mint executives launch a new trading...

Coastal Bank Partners with Tempo to Strengthen Cross-Border Money Transfers

The partnership aims to enhance international money movement solutions.Highlights: Coastal Bank has partnered with Tempo for improved cross-border...

Lloyds Accelerates Homebuying with Fully Digital Service

New platform aims to reduce waiting times for mortgage approvals.Highlights: Lloyds introduces a fully digital homebuying service.Service aims...

AI in Fintech: Revolutionizing the Financial Industry

AI in fintech is changing how financial services operate. It's more than just a buzzword; it's a powerful...