StraighterLine

StraighterLine

Online platform for affordable college courses

About StraighterLine

Simplify's Rating
Why StraighterLine is rated
A
Rated B on Competitive Edge
Rated A+ on Growth Potential
Rated A on Rating Differentiation

Industries

Education

Company Size

51-200

Company Stage

Series B

Total Funding

$11.3M

Headquarters

Baltimore, Maryland

Founded

2008

Overview

StraighterLine offers an online education platform that provides low-cost, self-paced courses for college credit. The platform is designed for students and adults who want to earn college credits at their own pace. It partners with over 180 higher education institutions, allowing for direct credit transfers, which simplifies the process for students to continue their education. Users pay a monthly subscription fee to access a variety of courses, with additional fees for specific courses. With more than 70 courses available in fields like business, healthcare, and IT, StraighterLine has supported over 350,000 students. The company also offers career pathway bundles to help students achieve their career goals more efficiently.

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Simplify's Take

What believers are saying

  • Increased demand for online learning boosts StraighterLine's potential user base.
  • Partnership with Acadeum enhances course-sharing opportunities with other institutions.
  • New courses in early childhood education address workforce shortages in the sector.

What critics are saying

  • Competition from similar online platforms may erode StraighterLine's market share.
  • Technological advancements require continuous investment, straining financial resources.
  • Changes in accreditation standards could affect course transferability to partner institutions.

What makes StraighterLine unique

  • StraighterLine offers affordable, self-paced courses for college credit at $99 monthly.
  • The company partners with over 180 institutions for seamless credit transfers.
  • StraighterLine's acquisition of ProSolutions Training expands its early childhood education offerings.

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Funding

Total Funding

$11.3M

Below

Industry Average

Funded Over

2 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Parental Leave

Paid Holidays

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

1%

2 year growth

1%
EdTech Review
Mar 26th, 2024
StraighterLine Announces Acquisition of ProSolutions Training to Provide Early Childhood Education

StraighterLine, a creator of affordable, flexible, and career-aligned postsecondary courses, has announced the acquisition of ProSolutions Training, a professional development division of Care Solutions, Inc. that provides training for early childhood educators.

GlobeNewswire
Mar 26th, 2024
Leading Providers Of Early Childhood Education Training Join Forces To Serve Industry Needs

WASHINGTON, D.C., March 26, 2024 (GLOBE NEWSWIRE) -- StraighterLine , a creator of affordable, flexible, and career-aligned postsecondary courses, today announced the acquisition of ProSolutions Training , a professional development division of Care Solutions, Inc. that provides training for early childhood educators. This acquisition expands StraighterLine’s early childhood education training and certification solutions as ProSolutions Training (PST) joins ChildCare Education Institute (CCEI) as the newest subsidiary under StraighterLine.“Now more than ever, there is a great need for qualified early care and education workers across the nation. We are excited to join together to provide the best-in-class early childhood training and certification services to upskill this industry,” said Shweta Kabadi, interim CEO of StraighterLine. “The combination of our companies will allow us to create more opportunities for early childhood educators to advance their careers, attain their degrees, and realize a higher earning potential.”Childcare programs across the country have long struggled with a shortage of qualified educators and caretakers, but post-pandemic numbers reflect a continued decline in the number of childcare workers. Eight in 10 early childhood providers experienced staffing shortages in 2021, and half were serving fewer children as a result of hiring problems according to a study from the National Association for the Education of Young Children

Campus Technology
Nov 30th, 2023
StraighterLine Partners with Acadeum to Offer College Course Sharing

Online postsecondary course company StraighterLine has partnered with course sharing provider Acadeum to provide access to more than 250 of StraighterLine's accredited on-demand college courses, making them available to students whose institutions don't offer them.

PR Newswire
Nov 16th, 2023
Pioneer in Flexible Online Education Joins Course-Sharing Network to Break Down Barriers to College Access and Completion

WASHINGTON, Nov. 16, 2023 /PRNewswire/ -- StraighterLine, the pioneering developer of affordable, flexible and career-aligned postsecondary courses and credentials and one of the largest providers of online courses serving over 150,000 learners per year, today announced a new integration with course-sharing provider Acadeum, whose platform enables colleges and other education providers to seamlessly share accredited online courses to meet the academic needs of students.

PR Newswire
Jul 12th, 2023
Online Learning Pioneer Taps General Assembly Vet As Chief Technology Officer

Veteran technology and solution engineering executive Dave Gardner joins StraighterLine as CTOWASHINGTON, July 12, 2023 /PRNewswire/ -- StraighterLine , a creator of affordable, flexible and career-aligned postsecondary courses and credentials that serves over 150,000 learners per year, announced today the appointment of Dave Gardner as its chief technology officer (CTO). With a track record of successfully leading technology and data teams for consumer platforms for more than 20 years, Gardner joins the company after spending the last 11 years at high-growth education technology companies, including his most recent role as vice president of technology at General Assembly."In today's increasingly dynamic labor market, we're seeing increased demand for educational experiences and credentials that map to long-term opportunities for career growth, " said Heather Combs , CEO of StraighterLine. "Dave brings an incredible breadth and depth of expertise—within education technology and beyond it—that will help us to build an even more powerful, seamless and engaging experience for students. We're thrilled to welcome Dave to StraighterLine's leadership team and to have his expertise in building strong technology teams to drive innovation and growth. "In his new role as CTO, Gardner will spearhead StraighterLine's technology strategy and lead engineering, solutions architecture, security and enterprise systems to support the company's growing platform of courses and new product innovations. He will be responsible for shaping the technical vision and strategy for the StraighterLine platform, driving product innovation and enhancing the overall learning experience for students."The StraighterLine team has earned a well-deserved reputation for creativity and ingenuity in harnessing technology and digital learning to drive down the cost of education—and create faster and more efficient pathways to college completion and career," said Gardner

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