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The new funding values Outschool at $1.3 billion, around four times higher than its roughly $320 million valuation set less than a year ago. Outschool is the newest edtech unicorn Skip to main content
Outschool was co-founded in 2015 by Amir Nathoo, alongside former Google employee Mikhail Seregine and Nick Grandy, an engineer working for Airbnb. [3] [4]Using seed money from startup accelerator Y Combinator, Nathoo and company created the platform's website in 2016; the first class was released shortly after in 2017.
Last week, on Feb. 23, shareholders of Byju’s, the edtech firm that was once India’s most valuable startup, did what once would have been unthinkable: They voted to oust founder and one-time ...
This is a list of unicorn startup companies: In finance, a unicorn is a privately held startup company with a current valuation of US$1 billion or more. Notable lists of unicorn companies are maintained by The Wall Street Journal , [ 1 ] Fortune Magazine , [ 2 ] CNNMoney / CB Insights , [ 3 ] [ 4 ] TechCrunch , [ 5 ] PitchBook/Morningstar, [ 6 ...
In April 2021, Insight Partners raised $1.56 billion for the Insight Partners Opportunities Fund I LP, a separate fund from its primary growth-investment vehicles. [13] Also in 2021, Insight Partners put $15 million of its capital into a new fund, the Vision Capital 2020 LP Fund, which supports minority-led firms raising early-stage funds. [ 14 ]
Byju’s has raised about $300 million as part of a larger round of new investment as the Indian edtech giant focuses on expanding its international business and aggressively explores merger and ...
In business, a unicorn is a startup company valued at over US$1 billion which is privately owned and not listed on a share market. [ 1 ] : 1270 [ 2 ] The term was first published in 2013, coined by venture capitalist Aileen Lee , choosing the mythical animal to represent the statistical rarity of such successful ventures.
The fund also made late-stage investments in Canva, Epic Games, DoorDash, and Uber. Guo plans to use the funding to expand the Passes team—currently at 15 people.