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Outschool

Funding History

$0$750M$1.5B$2.3B$3.0B202020212022
Valuation by funding round
Series C · 04/2021$1.3B
Series D · 10/2021$3.0B

About

Outschool is a San Francisco-based online learning platform that offers live, small-group classes for children ages 3 to 18 across tens of thousands of subjects, taught by independent teachers rather than school-employed staff. Founded in 2015 by Amir Nathoo along with former Google engineer Mikhail Seregine and former Airbnb engineer Nick Grandy, the company built its original website in 2016 with seed funding from Y Combinator and held its first class in 2017.

CEO
Amir Nathoo
Headquarters
San Francisco, California
Founded
2015
Website
https://outschool.com

Overview

Outschool is a San Francisco-based online learning platform that offers live, small-group classes for children ages 3 to 18 across tens of thousands of subjects, taught by independent teachers rather than school-employed staff. Founded in 2015 by Amir Nathoo along with former Google engineer Mikhail Seregine and former Airbnb engineer Nick Grandy, the company built its original website in 2016 with seed funding from Y Combinator and held its first class in 2017.

Outschool's usage and revenue grew sharply during the COVID-19 pandemic as families sought virtual alternatives to in-person schooling, and the company reported reaching profitability by September 2020, shortly before raising a $45 million Series B led by Lightspeed Venture Partners. It reached unicorn status in April 2021 with a $75 million Series C round valuing it at $1.3 billion, then roughly tripled that valuation just six months later with a $110 million Series D led by Tiger Global Management in October 2021 that valued the company at $3 billion. As of 2024, Amir Nathoo remained Outschool's chief executive, and third-party estimates from GetLatka placed the company's 2024 annualized revenue around $200 million, though Outschool itself has not publicly confirmed that figure.

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