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November 19, 2024 - Deals

Outsmart Education Raises $13 Million In Seed Funding Led By Khosla Ventures

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Outsmart Education, a startup focused on making college education more accessible and affordable, recently raised $13 million in seed funding led by Khosla Ventures, with participation from Karman Ventures, Latitud Ventures, and Lightspeed Ventures. The company was founded by three former Duolingo executives: Jorge Mazal (CEO), Daniel Falabella (CPO), and Gina Gotthilf (CMO). Outsmart was born from Mazal's own struggles with financing his education, including significant student debt. The company plans to address the growing challenge of college affordability by providing innovative solutions, though specific product details are still under wraps. The funding will be used to expand the team and further develop their offerings. INVESTORS: Khosla Ventures, Karman Ventures, Latitud Ventures & Lightspeed Ventures ROUND: Seed AMOUNT: $13,000,000 #VentureCapital #OutsmartEducation #KhoslaVentures #KarmanVentures #LatitudVentures #LightspeedVentures #JorgeMazal #DanielFalabella #GinaGotthilf #TradedVC

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Arga Labs Raises $10 Million In Seed Funding Led By General CatalystArga Labs, an enterprise AI agent training startup, raised $10 million in seed funding led by General Catalyst, with participation from Box Group, Emergence, Gradient, and SV Angel. The company, led by CEO and co-founder Phillip Li, builds full-scale digital twins of enterprise software such as Salesforce, Workday, and email clients, enabling AI agents to train and test complex, multi-system workflows in realistic environments before deployment. FOUNDERS: Phillip Li & Akira Tong INVESTORS: General Catalyst, Box Group, Emergence, Gradient & SV Angel AMOUNT: $10,000,000 HQ: San Francisco, California #VentureCapital #ArgaLabs #PhillipLi #AkiraTong #TradedVC