Outschool

Outschool

Online platform for live K-12 classes

About

Outschool provides an online learning platform for children aged 3 to 18, offering live, interactive classes led by experienced educators. The platform is designed to enhance traditional schooling or support homeschooling by providing flexible learning options. Parents can browse and enroll their children in a variety of classes covering academic subjects, creative pursuits, and afterschool activities. Outschool operates on a marketplace model, connecting teachers with students and generating revenue through class fees, taking a commission from each fee. This approach allows for a diverse range of classes tailored to students' interests. The company aims to expand its offerings and improve its platform, while also supporting educators through a dedicated fund.

Company Stage

Series D

Employees

1,001-5,000

Industries

Education

Total Funding

$233.6M

Headquarters

San Francisco, California

Founded

2015


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Simplify's Take

What believers are saying

  • Outschool's partnership with OpenAI enhances its AI capabilities for educational tools.
  • The global online tutoring market growth supports Outschool's expansion into one-on-one tutoring.
  • Increased demand for personalized learning experiences boosts Outschool's market potential.

What critics are saying

  • Increased competition from established tutoring platforms may impact Outschool's market share.
  • Recent layoffs could indicate financial instability or strategic restructuring challenges.
  • AI tool introduction may face resistance from educators concerned about teaching quality.

What makes Outschool unique

  • Outschool offers a unique marketplace model connecting teachers with students globally.
  • The platform provides a wide range of classes, from academics to creative pursuits.
  • Outschool's AI Teaching Assistant streamlines administrative tasks for educators.

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Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-1%

2 year growth

-2%

Benefits

Shared Financial Success - Competitive salaries, stock options and a 401(k) that makes saving for retirement easier.

Health and Wellness - Comprehensive health, dental, vision, disability, and life insurance coverage options for employees and their families. Our medical benefits include fertility and family planning coverage. We also provide employees with online access to coaching and therapy sessions through our partner, Modern Health.

PTO and Family Benefits - PTO and family leave enable our team to take the time that we need to recharge, relax, and spend time with family and friends.

Fully Distributed - With a team distributed across the US and Canada, we create a remote culture through expensable weekly meals, virtual events, expensable home office setup, and internet allowance.

Lifelong Learners - Annual budget to self-direct our professional development as well as DEI learning. There’s also a budget for employees’ learners to take classes on Outschool!

Community Impact - Outschool matches employee donations to established 501c3s, and has committed to donating $3M to Outschool.org non profit programs.

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