Outlier.org Raises $16M in Total Funding

outlier.org
John Urschel, doctoral candidate in applied mathematics at the Massachusetts Institute of Technology and an instructor for Outlier.org’s Calculus I course

Outlier.org, a NYC-based online education platform that offers online courses that earn students transferable college credit, raised $16m in total funding.

This included a recent $11.7m Series A round led by GSV Ventures with participation by Harrison Metal, Tectonic Capital, and Jackson Square Ventures. Harrison Metal led a previously undisclosed seed round.

The company intends to use the funds to expand operations and its business reach.

Led by Aaron Rasmussen, CEO and founder, Outlier.org produces cinema-quality lectures that are taught by bright and charismatic figures in academia, including professors from Yale, MIT, Columbia, Cornell, and Davidson.

For $400, students enjoy a learning experience that includes access to 1-on-1 tutoring, AI-proctored assessments, dynamically-generated problem sets, and active learning techniques.

The funding follows an extension of the organization’s 2019 fall pilot program with the University of Pittsburgh, which will continue into the spring and summer terms in 2020.

FinSMEs

09/01/2020

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