SAN FRANCISCO, CA, Outschool announced today a $110 million Series D raise with a $3 billion valuation for its K-12 education marketplace.
The Series D funding comes less than a year after a $75M Series C raise in April 2021. The latest round of funding is led by previous investor Tiger Global Management and adds BOND. Additional participants in the round include Lightspeed Ventures, Union Square Ventures, Reach Capital, Coatue, FundersClub and SV Angel. The funding provides Outschool with additional resources to fulfill its mission to positively impact society by inspiring a love of learning in children across the world.
Outschool offers live online education experiences that connect real-life teachers with learners in small-group settings to explore everything from Minecraft, Pokemon and Cooking to Chemistry, Algebra and Literature. With over 100,000 online classes offered by teachers to learners around the globe, Outschool helps supplement what is often missing from a more traditional education. Outschool's mission is to inspire kids to love learning by making education fun, social and self-directed. Classes on Outschool range from one-time enrichment lessons to semester-long core courses and weekly social clubs. Classes are offered across all subjects, and learners range from age 3 to 18.
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