Skillshare, a NYC-based online learning community for creativity, received an investment from NewSpring’s growth and expansion strategy.
The amount of the deal was not disclosed.
The company intends to use the funds to add content to its platform (investing in tools that increase engagement between students and teachers, expanding teachers’ audiences through dedicated marketing efforts, and creating new formats for teachers to earn revenue) and extend its reach to more subscribers in the U.S. and abroad.
Led by CEO Matt Cooper, Skillshare is an online creative learning platform with a catalog of 30,000 classes, supported by a community of more than 12 million registered members and nearly 8,000 teachers.
The company offers pre-recorded classes, workshops, live sessions, and collaboration tools that enable its members to learn creative skills across illustration, graphic design, fine art, photography, marketing, animation, film and video, freelance, and more.