Outschool, an Online Marketplace for Kids’ Classes, Raises $8.5 Million

Financing

Outschool, an Online Marketplace for Kids’ Classes, Raises $8.5 Million

May 28, 2019

OUT AND ABOUT: Outschool, which provides a marketplace for online classes aimed for children of middle- and high-school ages, has raised $8.5 million in a Series A round. Reach Capital and Union Square Ventures led this deal. On top of a $1.4 million seed round in 2017, the San Francisco-based startup has now raised close to $10 million. Jennifer Carolan, co-founder and general partner of Reach, will join the company’s board of directors.

Founded in 2015, Outschool offers a platform where teachers can host small online classes on any subject and topic, including using Taylor Swift songs to learn Spanish, as Quartz found. The outlet reports that there are more than 8,000 classes from 1,000 teachers currently available. Each class is limited to 18 students, and costs on average $10 to $15 per session.

With the funding, Outschool aims to expand its engineering, operations and growth teams, according to its blog.

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