Industry | Online education |
---|---|
Founded | 2015 |
Founder |
|
Headquarters | San Francisco, California |
Revenue | $100,000,000 (2020) |
Owner | Amir Nathoo |
Number of employees | 110 (2020) |
Website | https://outschool.com/ |
Outschool, Inc. is an American online marketplace of virtual classes for children. [1] It is headquartered in San Francisco, California. [2]
Outschool was co-founded in 2015 by Amir Nathoo, alongside former Google employee Mikhail Seregine and Nick Grandy, an engineer working for Airbnb. [3] [4]
Using seed money from startup accelerator Y Combinator, Nathoo and company created the platform's website in 2016; the first class was released shortly after in 2017. [3]
In September 2020, Outschool raised $45 million in a round of Series B funding led by Lightspeed. [5] This was followed in April 2021 by $75 million of Series C funding, causing the company to become a unicorn valued at $1.3 billion. [6] In October 2021, the firm raised $110M in Series D funding led by Tiger Global Management, which brought its valuation to $3 billion. [7]