Outschool joined the Unicorn Club on April 14, 2021, after raising a $75 million Series C funding round led by Coatue, valuing it at $1.3 billion. Headquartered in San Francisco, California, United States, Outschool offers an app-based education platform featuring live and on-demand classes for K–12 learners across a diverse range of subjects.
The company connects teachers and students through interactive, small-group lessons that blend fun, collaboration, and academic growth. Outschool’s marketplace model enables independent educators to reach global learners while offering parents flexible and affordable options for supplemental education.
Keep reading to learn how Outschool became a $3B EdTech leader transforming how children learn online.
What Is Outschool and What Does It Do?
Founded in 2015, Outschool operates a global K–12 EdTech platform that connects learners to live, small-group classes taught by independent teachers. The platform covers subjects ranging from mathematics and English to arts, coding, and wellness.
Outschool’s hybrid approach blends live instruction, community engagement, and self-paced learning. It enables educators to earn an income independently while providing students with access to personalized learning experiences beyond traditional classrooms.
How Much Funding Has Outschool Raised?
1. Series D Round
- Amount Raised: $110 million
- Date: October 14, 2021
- Valuation: $3 billion
- Lead Investor: Scale Up Venture Capital
- Purpose: Expand global reach, strengthen educator network, and enhance platform experience for learners and parents
2. Series C Round
- Amount Raised: $75 million
- Date: April 14, 2021
- Valuation: $1.3 billion
- Lead Investor: Coatue
- Purpose: Scale platform operations and invest in product innovation
Total Funding Raised: ~$240 million
Latest Funding Date: October 14, 2021
Latest Known Valuation: ~$3 billion
Employee Count: 84 (as of December 31, 2020)
Key Investors
1. Scale Up Venture Capital
- Details: Venture capital firm focused on early to growth-stage technology startups, driving innovation in education and digital platforms.
- Focus Areas: EdTech, online learning platforms, and digital content delivery.
2. Bond Capital
- Details: Growth-stage investment firm backing category-defining technology companies shaping the digital economy.
- Focus Areas: Education technology, consumer internet, and remote learning infrastructure.
3. Coatue Management
- Details: Global investment firm known for supporting high-growth technology and internet businesses.
- Focus Areas: Consumer technology, EdTech, and software platforms.
Where Is Outschool’s Headquarters?
Outschool is headquartered in San Francisco, California, United States, where its teams focus on platform development, educator partnerships, and global operations.
What’s Next for Outschool?
Outschool aims to broaden its presence across international markets and enhance its class discovery and personalization features. The company plans to introduce new tools for educators, strengthen safety and moderation systems, and deepen partnerships with schools and districts to support hybrid learning models.
By combining live teaching, flexible scheduling, and global access, Outschool continues to redefine the future of K–12 online education.
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