Udemy is a global marketplace connecting learners to expert instructors via video courses, hands-on exercises, and certifications. The platform supports a broad range of content software engineering, data science, design, business skills, and personal development delivered by independent instructors who monetize their expertise. Udemy for Business provides curated learning collections and analytics for enterprises to upskill teams. The company’s marketplace model enables rapid course growth and diversity, while investment in platform UX, localized content and corporate services drives sustained engagement.
What Is Udemy and What Does It Do?
Udemy, founded in 2010 by Eren Bali, Oktay Çaglar and Gagan Biyani, is a San Francisco-based (United States) continued-learning marketplace that enables instructors to publish courses and learners to access on-demand training. The company employs 1,246 people. Udemy serves individuals seeking skill acquisition and enterprises using Udemy for Business to manage workforce learning, with features for assessments, progress tracking, and multi-language content.
How Much Funding Has Udemy Raised?
1. Series E
- Amount Raised: $50M
- Date: November 18, 2020
- Lead Investors: Tencent, Rockstone Ventures, Learn Capital (reported participation)
- Motivation: Expand course offerings and enterprise solutions.
2. Series E (other tranches / partners)
- Amount Raised: $50M (reported Feb 19, 2020 from Benesse) / other small tranches in 2020
- Date: 2020
- Lead Investors: Benesse, Leonis Investment (reported)
- Motivation: Strategic partnerships and international expansion.
Total Funding Raised: $274 Million
Latest Funding Date: November 18, 2020
Key Investors
1. Insight Partners
- Details: Growth equity firm backing high-growth SaaS and marketplaces.
- Investment Focus Areas: EdTech, SaaS, marketplaces.
- Notable Investments: Shopify, Pluralsight, Monday.com.
2. Naspers / Prosus
- Details: Global internet investor with a focus on marketplace platforms.
- Investment Focus Areas: Consumer internet, marketplaces, growth markets.
- Notable Investments: Tencent (early), OLX, Delivery Hero (examples).
3. Norwest Venture Partners
- Details: VC and growth investor participating across technology markets.
- Investment Focus Areas: Enterprise & consumer tech.
- Notable Investments: Uber (early stage), Discord, Snap (examples).
Where Is Udemy’s Headquarters?
Udemy is headquartered in San Francisco, United States, anchored in a global edtech and startup ecosystem.
What’s Next for Udemy?
Udemy will continue expanding enterprise learning products, localizing content for global markets, improving instructor tools, and integrating skill measurement to better connect learning to career outcomes.
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