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Outschool
Enterprise Software
Outschool is a San Francisco-based online education marketplace offering live, small-group classes for children and teens across a very wide range of academic and enrichment subjects, taught by independent teachers.
$3.24B
+$76.06
2,483.02%
30 days ago
$3.06
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Outschool was founded in 2015 by Amir Nathoo and Nick Grandy, building a marketplace connecting independent teachers with families seeking live, interactive online classes for children, spanning both traditional academic subjects and a very wide range of enrichment topics that might not be covered in a typical school curriculum, such as specific hobby interests, niche academic topics, or skill-building classes reflecting individual children's particular interests and passions rather than only standardized curriculum content. The platform's model lets independent teachers, including certified educators, subject matter experts, and enthusiasts with relevant expertise, create and offer their own live, small-group video classes, setting their own topics, schedules, and pricing, with Outschool providing the underlying marketplace, scheduling, and payment infrastructure, along with trust and safety measures such as background checks for teachers given the platform's focus on serving children. The company experienced explosive growth during the COVID-19 pandemic, as widespread school closures and remote learning drove enormous demand for supplemental online learning options that could provide both academic content and social interaction with peers during a period when many children faced significant disruption to their normal schooling and social routines, helping Outschool reach unicorn status during this period of dramatically accelerated demand. As pandemic-driven remote learning needs receded with schools returning to in-person instruction, Outschool's growth trajectory normalized considerably from its pandemic peak, a common pattern among education technology companies that experienced outsized pandemic-era demand, and the company has worked to establish a more durable value proposition centered on its breadth of enrichment and interest-based class offerings beyond only serving as a remote-schooling supplement, positioning itself as a platform for children's ongoing interest exploration and supplemental learning regardless of whether they're also attending school in person. The company's marketplace model has let it offer an unusually broad and diverse class catalog reflecting the wide range of individual teachers' specific expertise and interests, differentiating it from more standardized, curriculum-aligned online education products. Outschool has raised substantial venture funding from investors including SoftBank Vision Fund, Coatue, and Lightspeed Venture Partners, reaching unicorn status.
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