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Outschool is an innovative online learning platform that caters to children aged 3 to 18. It offers a wide range of live, interactive classes taught by experienced educators. The platform is designed to supplement traditional schooling or support homeschooling by providing flexible learning options. Outschool operates in the K-12 education market, which includes kindergarten through 12th grade.

The company primarily serves parents and guardians looking for additional educational resources for their children. This includes families who homeschool, as well as those who want to supplement their child's traditional education with extra-curricular activities or specialized subjects not typically offered in schools.

Outschool's business model is based on a marketplace approach. It connects teachers with students through its platform, where parents can browse and enroll their children in various classes. These classes cover a broad spectrum of topics, from academic subjects like math and science to creative pursuits like art and music. The platform also offers afterschool activities and on-demand classes, providing flexibility for busy families.

Revenue is generated through class fees. Parents pay for each class their child attends, and Outschool takes a percentage of this fee as its commission. This model allows the company to scale efficiently while providing a diverse range of classes to meet the varied interests and needs of its students.

In April 2021, Outschool raised $75 million in a Series C funding round, valuing the company at $1.3 billion. This funding is being used to expand its offerings and improve the platform. Additionally, Outschool has committed 2% of its stock to an educator fund, demonstrating its commitment to supporting teachers.

Outschool's recent addition of Jennifer Wynn, a former Director of Education for the Obama Foundation, to its Board of Directors, underscores its focus on educational excellence and strategic growth.

Keywords: online learning, K-12 education, homeschooling, live classes, flexible learning, afterschool activities, on-demand classes, educator support, Series C funding, educational marketplace.

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