GetSetUp, an ed tech company focused on creating economic and learning opportunities for older adults, has raised $10 million in funding, led by ReThink Education, with participation by AME Cloud Ventures (Jerry Yang), Work Play Ventures (Mark Pincus), Sweat Equity Ventures (Reid Hoffman), and several other consumer internet and healthtech investors including David Ko, John Danner, Dan Rosensweig, Jeff Alter and Bradley Horowitz.
GetSetUp.io is a learning and community platform where older adults can learn about a variety of topics through a live, interactive peer-to-peer teaching model. The platform offers more than 150 classes covering professional development, technology, health, wellness, and hobbies, delivered by trained instructors.
The San Francisco-based company stated it will use the funding to accelerate the growth and development of GetSetUp.io. More than 6,000 live sessions have been offered since the site launched this year, with more than 3,200 classes taught by older adults, many of whom are former teachers.
Lawrence Kosick, co-founder of GetSetUp, said: “Through peer-to-peer connection, GetSetUp not only helps older adults avoid loneliness and combat social isolation, both which have unfortunately been exacerbated by Covid-19, but gives them a way to make money, while meeting and teaching others.”
Date published: 12 October 2020