About Outlier
Outlier is a company based in Brooklyn (United States) founded in 2018 by Aaron Rasmussen and David Rogier was acquired by Savvas in February 2024. It operates as a Subscription Services, and EduTech. Outlier has raised $41.7 million across 2 funding rounds from investors including Savvas Learning Company, Google Ventures and GSV Ventures. The company has 79 employees as of December 31, 2021. Outlier offers products and services including Intro to Financial Accounting, Intro to Business, Intro to Psychology, Computer Science I, and Professional Communication. Outlier operates in a competitive market with competitors including StraighterLine, Affordable College, InstantCert Credit, Tasseled and Sophia Learning, among others.
- Headquarter Brooklyn, United States
- Employees 79 as on 31 Dec, 2021
- Founders Aaron Rasmussen, David Rogier
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Outlier.Org, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$41.7 M (USD)
in 2 rounds
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Latest Funding Round
$30 M (USD), Series B
Apr 22, 2021
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Investors
Savvas Learning Company
& 7 more
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Employee Count
79
as on Dec 31, 2021
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Acquired by
Savvas
(Feb 07, 2024)
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Products & Services of Outlier
Outlier offers a comprehensive portfolio of products and services, including Intro to Financial Accounting, Intro to Business, Intro to Psychology, Computer Science I, and Professional Communication. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Financial stories are uncovered through numerical analysis techniques.
Value creation is explored through fundamental business concepts.
Mental processes are studied through scientific psychological principles.
Coding skills are developed for future technological innovations.
Real-world communication skills are enhanced through practical exercises.
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Product Management Team
2 people
Sales and Marketing
2 people
Data Analysis and Operations Team
1 people
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Funding Insights of Outlier
Outlier has successfully raised a total of $41.7M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in April 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $30.0M
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First Round
First Round
(09 Jan 2020)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Series B - Outlier | Valuation | Google Ventures | |
| Jan, 2020 | Amount | Series A - Outlier | Valuation | GSV Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Outlier
Outlier has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Savvas Learning Company, Google Ventures and GSV Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Corporate backed venture capital fund investing in multiple sectors
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Founded Year | Domain | Location | |
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Ed-tech startups are funded by GSV Ventures through venture capital.
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Founded Year | Domain | Location | |
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Tech focused VC firm investing in early-stage startups in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Outlier
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Outlier
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Outlier Comparisons
Competitors of Outlier
Outlier operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as StraighterLine, Affordable College, InstantCert Credit, Tasseled and Sophia Learning, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online courses and college credits are provided for student education.
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| domain | founded_year | HQ Location |
Provides an online platform for community college students to earn university degrees.
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| domain | founded_year | HQ Location |
Offers an online platform with courses designed to help users earn college credits efficiently.
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| domain | founded_year | HQ Location |
College admission consulting solutions are offered via an online platform.
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| domain | founded_year | HQ Location |
Online courses with transferable credits are offered via a platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Outlier
Frequently Asked Questions about Outlier
When was Outlier founded?
Outlier was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Outlier located?
Outlier is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Who is the current CEO of Outlier?
Aaron Rasmussen is the current CEO of Outlier. They have also founded this company.
Is Outlier a funded company?
Outlier is a funded company, having raised a total of $41.7M across 2 funding rounds to date. The company's 1st funding round was a Series A of $11.7M, raised on Jan 09, 2020.
How many employees does Outlier have?
As of Dec 31, 2021, the latest employee count at Outlier is 79.
What does Outlier do?
A range of online college courses is offered by Outlier, targeting high school and college students seeking transferable credits. Courses span disciplines such as business, psychology, computer science, and sociology. An immersive learning experience is delivered through cinematic lectures and interactive tools. Dual enrollment options are supported for high school students nationwide. Collaboration with top universities ensures credit transferability. The education sector is primarily served with a focus on accessible, high-quality learning solutions.
Who are the top competitors of Outlier?
Outlier's top competitors include StraighterLine, Sophia Learning and Tasseled.
What products or services does Outlier offer?
Outlier offers Intro to Financial Accounting, Intro to Business, Intro to Psychology, Computer Science I, and Professional Communication.
Who are Outlier's investors?
Outlier has 8 investors. Key investors include Savvas Learning Company, Google Ventures, GSV Ventures, Harrison Metal, and Gaingels.