Outlier.org
Increases access to quality college education and dramatically reduces student debt.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| USD | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 77 % | 17 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Outlier.org is an innovative educational startup founded by Aaron Rasmussen, co-founder of MasterClass. The company aims to revolutionize higher education by offering high-quality, university-level courses online at a fraction of the traditional cost. Outlier.org primarily serves U.S. students but is also open to international students, subject to certain U.S. trade restrictions. The courses are designed to be accessible from anywhere in the world, provided the student has internet access and meets basic technical requirements.
Outlier.org operates in the online education market, specifically targeting students who are looking to complete the first two years of college. This can be particularly beneficial for those who cannot physically attend a traditional college due to geographical, financial, or personal constraints. The company positions itself as a cost-effective alternative to traditional community colleges and universities.
The business model of Outlier.org is straightforward: it charges a fee per course, currently set at $400. This fee includes access to high-quality video lectures, interactive learning materials, and tutoring sessions. Upon completion of a course, students can request an official transcript from the University of Pittsburgh, which can be sent to their school of choice. This partnership adds credibility and value to the courses offered.
Outlier.org makes money through course fees. By offering courses at a lower price point than traditional colleges, the company aims to attract a large number of students, thereby generating revenue through volume. The focus on reducing the cost of education and minimizing student debt is a key selling point that resonates with many prospective students.
In summary, Outlier.org is a forward-thinking startup that leverages technology to provide affordable, high-quality education. It serves a diverse range of students, operates in the online education market, and generates revenue through course fees.
Keywords: online education, affordable courses, university-level, international students, high-quality, interactive learning, tutoring, University of Pittsburgh, student debt, accessible education.