See other companies on Welcome to the Jungle
Xip
1:1 asynchronous coaching platform
- 1-20 employees
- B2C
- Retail
- B2B
- Marketplace
- Education
- SoMa, San Francisco, CA
Jump to section
Company mission
Xip helps creators break through by offering direct access to their unique expertise. Their software makes this scaleable through asynchronous video responses, enabling the world's best instructors to help more people one-on-one.
Our take
EdTech has received huge amounts of funding over the previous couple of decades. However, a lot of that funding and energy has been directed towards democratising access to educational content through what are often called Massive Open Online Courses (MOOCs). Xip is doing something different.
Instead of focusing on high-quality content, Xip is delivering 1:1 coaching at scale. Consumers ask their favorite knowledge creators specific questions related to what they are trying to learn, and creators can send personalized video responses typically within 48 hours.
While that might sound a pain for the creators, it’s actually a boon. Instead of trying to align schedules for drawn-out Zoom meetings, they can now work asynchronously. Moreover, creators have started to bundle Xips into personalized courses letting them earn more through other channels.
Xip is using recent funding in an interesting way. Some is of course going to build out its engineering team. However, a large chunk is dedicated to a Creator Fund, providing income guarantees, equipment, waived setup fees, marketing support and other assistance. It's an interesting strategy to build out a community of Xippers.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Unlimited PTO
- Top notch health benefits
- Monthly wellness stipend. Spend it on anything that makes you happier or healthier
- Generous equity
Funding (1 round)
Jun 2022
$5m
SEED
Total funding: $5m
Leadership
Chris Taylor
(CEO)Previously VP of Partnerships for Samba TV. Also worked as CRO for another San Fransisco startup, Wove. Worked at Wells Fargo. Attended Wharton.
Eddie Siegel
(CTO)Previously VP of Product & Engineering at Samba TV. Co-founder and CEO of Wove, a data insights startup for marketing teams. Studied Computer Science at University of Pennsylvania.