Studio Raises $50 Million for Online Courses Taught by Famous Creatives

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

Studio Raises $50 Million for Online Courses Taught by Famous Creatives
Photo by Christina @ wocintechchat.com on Unsplash

Studio—a Los Angeles-based online learning platform that, like Masterclass, lets people learn creative skills from renowned professional artists and artisans—has announced a new $50 million funding round and a rebrand that has seen it ditch its old name, Monthly.

San Francisco-based Human Capital led the Series B round and was joined by investors including Forerunner Ventures, Greenoaks Capital and Jeffrey Katzenberg’s WndrCo, as well as the likes of Airbnb co-founder Joe Gebbia, Instagram co-founder Mike Krieger and LinkedIn chairman Jeff Weiner.


The startup was formerly known as Monthly due to the 30-day online courses it offers customers, who can learn about everything from baking to songwriting from accomplished instructors like Milk Bar chef Christina Tosi and Grammy-nominated singer-songwriter Charlie Puth.

While the company has changed its name, Studio will maintain its month-long course model as it continues to expand its offerings—with upcoming classes being taught by the likes of illusionist David Blaine, musical artist H.E.R. and Broadway actress and singer Idina Menzel.

Since launching in 2019, the startup says its courses have been taken by “hundreds of thousands” of students globally, who have produced and shared “over half a million creative works” on its platform.

“We're excited to continue investing in experiences that support people's creative sides, furthering our mission to make creative fulfillment attainable to everyone,” Studio co-founder and CEO Max Deutsch said in a statement.

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LA Tech ‘Moves’: Mapp Gains New CPO and CTO, Prodoscore Taps Boeing Exec

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

LA Tech ‘Moves’: Mapp Gains New CPO and CTO, Prodoscore Taps Boeing Exec
LA Tech ‘Moves’:

“Moves,” our roundup of job changes in L.A. tech, is presented by Interchange.LA, dot.LA's recruiting and career platform connecting Southern California's most exciting companies with top tech talent. Create a free Interchange.LA profile here—and if you're looking for ways to supercharge your recruiting efforts, find out more about Interchange.LA's white-glove recruiting service by emailing Sharmineh O’Farrill Lewis (sharmineh@dot.la). Please send job changes and personnel moves to moves@dot.la.

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This Week in ‘Raises’: GITAI Lands $30M, Steno Gains $15M

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

Raises
Image by Joshua Letona

A local space robotics startup raised fresh funding to expand the flight model manufacturing facilities throughout the U.S. and increase employment, while a remote litigation platform raised more funding to continue growing its footprint in new markets across the country, develop service channels for its clients and continue expanding its tech team.

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Gitai Secures $30 Million in Funding to Continue Space Robotics Developments

Samson Amore

Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College. Send tips or pitches to samsonamore@dot.la and find him on Twitter @Samsonamore.

Gitai Secures $30 Million in Funding to Continue Space Robotics Developments
\u200bPhoto: Gitai

Space robotics company Gitai raised a $30 million Series B extension this week, bringing the total value of the round to roughly $47 million.

The funding will be used to further develop Gitai’s suite of space robots as well as build out its manufacturing footprint in Torrance. Previously Gitai announced it raised a $17.1 million Series B in March 2021; this additional raise is still part of that round.

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