StraighterLine

Online platform for affordable college courses

Baltimore, Maryland, United States

About StraighterLine

StraighterLine offers an online education platform that provides low-cost, self-paced courses for college credit. The platform is designed for students and adults who want to earn college credits at their own pace. It partners with over 180 higher education institutions, allowing students to transfer credits easily and continue their education. The subscription-based model enables students to pay a monthly fee for access to a variety of courses, with additional fees for specific courses. With more than 70 courses available in fields like business, healthcare, and IT, StraighterLine has supported over 350,000 students. The company also offers career pathway bundles to help students achieve their career goals more quickly.

Baltimore, MarylandHeadquarters
2008Year Founded
$11.3MTotal Funding
SERIES_BCompany Stage
EducationIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Parental Leave
Paid Holidays

Risks

Competition from similar online platforms may erode StraighterLine's market share.
Technological advancements require continuous investment, straining financial resources.
Changes in accreditation standards could affect course transferability to partner institutions.

Differentiation

StraighterLine offers affordable, self-paced courses for college credit at $99 monthly.
The company partners with over 180 institutions for seamless credit transfers.
StraighterLine's acquisition of ProSolutions Training expands its early childhood education offerings.

Upsides

Increased demand for online learning boosts StraighterLine's potential user base.
Partnership with Acadeum enhances course-sharing opportunities with other institutions.
New courses in early childhood education address workforce shortages in the sector.

Funding

Total raised$11.28 M
Latest valuation$50.00 M
StageSERIES_B