StraighterLine
Latest round
- Series B
Last raised
- Dec 2014
Total raised
- $17M
Investors
- 4
About StraighterLine
StraighterLine, Inc.Founded in 2009, StraighterLine operates from Baltimore, US, offering online courses for college credit. Its founder, David Parento, established the company to address the needs of adult learners and high school students.StraighterLine offers a comprehensive suite of low-cost, self-paced online college courses aimed at adult learners and high school students seeking to earn college credit. Their core offerings include a wide variety of general education (GenEd) and prerequisite courses in subjects such as business, health science, humanities, languages, and mathematics. These courses are designed to provide flexibility, allowing students to study at their own pace, typically completing classes in an average of 28 days. StraighterLine's model addresses the needs of diverse customer segments, including adult learners returning to education, college students looking to accelerate their degree progress, and high school students preparing for college.StraighterLine operates on a subscription-based revenue model, charging a monthly membership fee of USD 99 in addition to a one-time fee for each course taken. This structure facilitates straightforward transactions between the company and its clients, predominantly consisting of individual learners rather than institutional partnerships. The monthly membership encompasses access to a broad range of courses, eTextbooks, tutoring, and support services, enhancing the overall learning experience.In response to the evolving educational landscape, StraighterLine is focused on expanding its course offerings and enhancing its online platform to improve user experience. The company plans to enter new domestic markets, targeting regions with a high demand for accessible education solutions by the end of 2022.62 mn will be utilized to support these initiatives, enabling StraighterLine to develop new courses and expand its marketing efforts to reach a broader audience.
Who invested in StraighterLine
4 investors across 2 rounds
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Questions about StraighterLine
Who invested in StraighterLine?
StraighterLine has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has StraighterLine raised?
StraighterLine has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did StraighterLine last raise money?
StraighterLine's most recent round on record is a Series B, in Dec 2014.
What does StraighterLine do?
StraighterLine is a education/training company.
Where is StraighterLine headquartered?
StraighterLine is headquartered in Baltimore, US.
Which VCs invest in companies like StraighterLine?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back education/training companies at StraighterLine's stage. Their profiles are linked below.
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