Ex-Duolingo execs raise $13M for startup making it easier to access a college education
Nov 20, 2024
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Three former Duolingo executives are on a mission to tackle rising college costs with their new startup, Outsmart. They share the driving frustrations behind creating a solution for college affordability. With a recent funding boost of $13 million, they aim to make education more accessible. The conversation highlights their vision for transforming how students finance their education in today's challenging landscape.
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Quick takeaways
The startup Outsmart, founded by former Duolingo executives, focuses on making higher education more affordable amid rising tuition costs.
With $13 million in seed funding, Outsmart aims to create innovative solutions to enhance college access for all students.
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Outsmart: Innovating Affordable Higher Education
A new startup, Outsmart, aims to make college education more affordable and accessible, responding to the escalating tuition costs and student debt crisis. Founded by former Duolingo executives who experienced the challenges of financing education, the company has secured $13 million in seed funding to support its mission. The founders emphasize that higher education should be a universal right, and they plan to create innovative solutions that enhance access and affordability for students. While details of their offerings remain undisclosed, the background and expertise of the team suggest a strong potential for impactful change in the education sector.
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Revolutionizing College Affordability: The Launch of Outsmart
As college tuition increases and the student loan debt crisis continues, three former executives from language learning app Duolingo are building a new startup aimed at making college education more affordable and accessible.