Sesame Workshop Invests in Digital Schooling
Outschool will leverage the funding to expand its more than 1,000 classes for children.
NORTH AMERICA–Outschool, a start-up that has created a marketplace that features live online classes for K-12 children, has received $1.4 million in funding in a seed round led by Collab+Sesame, a fund backed by the Collaborative Fund and Sesame Workshop.
The company will now leverage the new funding to expand its web portal and its more than 1,000 classes. Presented by independent teachers via video chats and messaging, the classes range from core subjects to enrichment and practical skills.
“Sesame Workshop’s mission is to help kids grow smarter, stronger and kinder, and we recognize that digital media is an increasingly important means to that end,” says Tanya Haider, executive vice president, strategy, research and ventures, Sesame Workshop. “Outschool’s approach aligns with our beliefs by offering classes that enable kids to explore their interests, feed their passion for learning and empower families to choose the lessons that best meet their children’s interests.”
Other investors in the round include Caterina Fake, Y Combinator, SV Angel, FundersClub, Spectrum28 and Learn Capital.