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Outschool, Inc. is an American online marketplace of virtual classes for children. It is headquartered in
San Francisco, California San Francisco, officially the City and County of San Francisco, is a commercial, Financial District, San Francisco, financial, and Culture of San Francisco, cultural center of Northern California. With a population of 827,526 residents as of ...
.


History

Outschool was co-founded in 2015 by Amir Nathoo, alongside former
Google Google LLC (, ) is an American multinational corporation and technology company focusing on online advertising, search engine technology, cloud computing, computer software, quantum computing, e-commerce, consumer electronics, and artificial ...
employee Mikhail Seregine and Nick Grandy, an engineer working for
Airbnb Airbnb, Inc. ( , an abbreviation of its original name, "Air Bed and Breakfast") is an American company operating an online marketplace for short-and-long-term homestays, experiences and services in various countries and regions. It acts as a ...
. Using seed money from startup accelerator
Y Combinator Y Combinator, LLC (YC) is an American technology startup accelerator and venture capital firm launched in March 2005 which has been used to launch more than 5,000 companies. The accelerator program started in Boston and Mountain View, Californi ...
, Nathoo and company created the platform's website in 2016; the first class was released shortly after in 2017. In September 2020, Outschool raised $45 million in a round of Series B funding led by Lightspeed. This was followed in April 2021 by $75 million of Series C funding, causing the company to become a
unicorn The unicorn is a legendary creature that has been described since Classical antiquity, antiquity as a beast with a single large, pointed, spiraling horn (anatomy), horn projecting from its forehead. In European literature and art, the unico ...
valued at $1.3 billion. In October 2021, the firm raised $110M in Series D funding led by
Tiger Global Management Tiger Global Management, LLC (often referred to as Tiger Global and formerly known as Tiger Technology) is an American investment firm founded by Chase Coleman III, a former Tiger Management employee under Julian Robertson, in March 2001. It ma ...
, which brought its valuation to $3 billion.


References

{{Edu-website-stub Online marketplaces of the United States American educational websites