Skillshare, a marketplace for interactive online classes raised a $6.1 million Venture Round co-led by Union Square Ventures and Spark Capital bringing the total funding raised to $10 million.
The new funding is going to be used to build a more social experience by connecting students and teachers through activity feeds and other features.
Skillshare started as a marketplace for peer-to-peer offline classes in April 2011, operating under the motto “No webcams, no downloads. Just real classes”. The startup has changed its business model since by becoming a hybrid platform offering offline and online classes but clearly emphasizing the online, self-paced video based courses which feature interactive elements like office hours. According to Inc. already 80% of Skillshare’s users took online classes on the platform in April of last year.
Skillshare co-founder and CEO Michael Karnjanaprakorn called this move an evolution, not a pivot on Quora. Since Skillshare’s relaunch as online course platform the startup has grown significantly with over 100.000 paid enrollments in over 500 classes.
CourseHorse, a like Skillshare New York-based edtech startup, just raised $1.3 million based on the classic Skillshare business model of listing offline classes, only.
- A Year From Launch, Skillshare Lands $6M From USV, Spark To Double Down On Project-Based, Online Classes | TechCrunch
- Is Skillshare pivoting to online learning with the launch of hybrid classes? | Quora
- Skillshare takes on the Education Gap | Inc.
- Skillshare raises $3.1m to build Community Marketplace for Offline Classes | EDUKWEST