Outschool, a San Francisco-based marketplace for live online K-12 classes, raised $1.4m in seed funding.
The round was led by Collab+Sesame, a fund backed by the Collaborative Fund and Sesame Workshop, the nonprofit educational organization behind Sesame Street with participation from Caterina Fake, Y Combinator, SV Angel, FundersClub, Spectrum28 and Learn Capital.
The company intends to use the funds to continue to expand operations.
Led by Nick Grandy, Outschool operates an online marketplace that provides parents and their K-12 students with access to a huge range of online classes, ranging from core academics to enrichment and practical skills, guided by teachers via group video chat and messaging.
Parents use the platform in several ways to enrich their children’s education – to accelerate their learning in core subjects, fill in gaps in their knowledge, or pursue interests in topics that aren’t covered in regular schools.
Outschool classes are offered by independent teachers, many of whom also teach or have previously taught in public schools.
FinSMEs
26/06/2017