Outschool, Which Raised A Series B, C And D In 12 Months, Lays Off 18% Of Workforce
Round Type
Series B
San FranciscoOtherFinancial ServicesSoftwareDescription
Outschool, a marketplace for kid-friendly, virtual after-school programs, has laid off 31 people or 18% of its workforce, CEO Amir Nathoo confirmed to TechCrunch over text message. The layoff, conducted earlier this month, comes after a period of rapid fundraising for Outschool. The firm raised its Series B, C and D in a 12-month period, most recently growing its valuation to $3 billion after hitting a $1 billion valuation just four months earlier.
Quick answer
Outschool raised an undisclosed amount in a Series B round, dated July 5, 2022. Outschool is based in San Francisco, California, United States.
- How much did Outschool raise?
- Outschool raised an undisclosed amount in a Series B round on July 5, 2022.
- Where is Outschool based and how big is it?
- Outschool is based in San Francisco, California, United States.
Source: Fundz verified event record.
Who else raised in Financial Services and Software around the same time
Companies in the same sectors as Outschool that raised within 45 days of this round, from Fundz verified event records.
- Jar raised an undisclosed amount on August 18, 2022.
- Bookkeeper360 raised $3.5M (Seed) on August 18, 2022.
- Arc raised $20M (Series A) on August 17, 2022.
- Arc raised $20M (Series A) on August 16, 2022.
- Finix raised $30M (Funding Round) on August 10, 2022.
- Geopagos raised $35M (Funding Round) on August 4, 2022.
Who to call at Outschool, and when
A new round usually means Outschool is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Outschool raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Outschool, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Outschool. With Fundz connected, it knows.
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Fundz sees it the moment Outschool raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Funding Insights
What this usually meansOutschool raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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