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Online learning marketplace Udemy raises $50M at a $2B valuation from Japanese publisher Benesse

  • TechCrunch
  • 3 months ago
  • Udemy, which provides a marketplace offering some 150,000 different online learning courses from business analytics to ukulele lessons, has picked up $50 million from a single investor, Benesse Holdings, the Japan-based educational publisher that has been Udemy’s partner in the country.
  • The investment was made at a $2 billion pre-money valuation.
  • With this round, Udemy has raised around $200 million in funding, with other investors including Stripes, Naspers (now Prosus), Learn Capital, Insight Partners, Norwest Venture Partners, and a number of others.
  • The plan will be to use the funding to expand the various aspects of Udemy’s business. On one hand, it provides a vast array of courses for consumers that can be purchased a la carte; it also has, in more recent years, expanded to enterprise services.
Online learning marketplace Udemy raises $50M at a $2B valuation from Japanese publisher Benesse

Tracy Antoine

Avatar for Tracy Antoine
Worked at lynda.com, SLEM Magazine. Experience with Administrative Assistant, Adobe, Adobe Illustrator. Went to Full Sail University
Currently producing a music project that will be released in the summer of 2020. I am here to connect with friends old and new! Americana Country Improv :)

Todd Alexander Wilson

Avatar for Todd Alexander Wilson
City University of New York. Experience with Active Directory, Composer, CSS3
Total raised

$206M

Funded over

3 rounds

Latest round

Acquired (Apr 2015)