Outlier.org Raises $11.7M Series A to Offer Online Courses for College...

Financing

Outlier.org Raises $11.7M Series A to Offer Online Courses for College Credit

Jan 9, 2020

Outlier.org, which offers online courses that students can take to earn college credit, has raised $11.7 million in a Series A round led by GSV Ventures. Other investors include Tectonic Capital, Jackson Square Ventures and Harrison Metal, which led the company’s previously undisclosed seed round.

To date, the New York-based startup has raised $16 million, according to a statement Thursday.

Founded in 2018 by Aaron Rasmussen (who also co-founded MasterClass, which offers celebrity-led video lessons), Outlier.org currently offers two online courses on calculus and psychology. The company says they’re taught by faculty from elite universities including Cornell, MIT and Yale. Each course runs 14 weeks and costs $400.

Last fall, Outlier.org conducted a pilot with the University of Pittsburgh, which offers credits for students who complete the courses. We chatted with company and school officials about that experience in a profile last August.

Earlier this week, edX, a nonprofit MOOC platform provider, announced a new “MicroBachelor’s” program that also aims to offer undergraduate course credit for online courses.

  

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