Teachable raises $2.5 million to help instructors teach outside the confines of course marketplace

The company’s technology lets instructors teach courses online in any subject without having to commit their proprietary materials and personal brands to a single platform. While edtech investments earlier flowed to marketplaces like Lynda.com, Udemy, Skillshare or Masterclass, Teachable is taking another tack. They control pricing, payments and their entire customer list — there is no centralized repository of classes for students to browse.” With 18 employees today, Teachable makes a majority of its revenue from instructors who opt to use its software on a subscription basis. The company has won over some famous customers, including Carrie-Anne Moss, known for her starring role in the Matrix and, more recently, her work on the Jessica Jones Marvel TV series. Earlier investors included Sincerely founder Matt Brezina, Maiden Lane Ventures, Winklevoss Capital and others.