Udemy

Online marketplace for diverse courses

San Francisco, California, United States

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About Udemy

Udemy is an online learning platform that connects instructors with students, offering a wide variety of courses on subjects like programming, marketing, data science, business, IT, design, and personal development. The platform allows instructors to create and publish their courses, which students can purchase, providing the necessary tools and support for course development and marketing. Unlike many competitors, Udemy operates on a marketplace model, giving instructors the freedom to set their course content and pricing while Udemy takes a percentage of the sales. The goal of Udemy is to provide accessible and flexible education to a global audience, catering to individuals seeking personal growth, professionals looking to advance their careers, and companies investing in employee training.

San Francisco, CaliforniaHeadquarters
2010Year Founded
$265.6MTotal Funding
IPOCompany Stage
EducationIndustries
5,001-10,000Employees

Benefits

Global benefits - Our many benefits, equity, and time-off programs are made-to-fit for each of our international locations.
Charitable matching - Help a cause that matters to you. We match monetary contributions up to a certain annual limit for eligible nonprofits and charities.
Learning incentives - Get free access to Udemy and Udemy Business courses plus a yearly stipend to spend on your professional development.
UBelong program - We prioritize Diversity and Inclusion through events, trainings, and meet-ups facilitated by our many Employee Resource Groups.
Learning programs - Our amazing Learning and Development team regularly provides top-notch training sessions and company-wide learning initiatives.
Guest speakers - We believe in diversity of perspective and regularly host speakers from a variety of industries and backgrounds.
Brain food - When in the office employees can enjoy snacks for all dietary preferences and restrictions.
Company events - Enjoy company celebrations, wellness events, and fun extracurriculars like yoga, cooking classes, karaoke, and more.
Well-being memberships - Stay zen with free access to the entire Headspace library. Plus, get free coaching and therapy sessions through Modern Health.
Groups and clubs - Connect with others who share your interests. We have dozens of groups, including Women at Udemy and Culture Crew.

Risks

Increased competition from platforms like Seekho may impact Udemy's market share.
Recent layoffs of 280 employees could affect Udemy's operational efficiency.
New board appointments may lead to strategic shifts misaligned with current goals.

Differentiation

Udemy offers over 155,000 courses in multiple languages, catering to a global audience.
The platform's marketplace model allows instructors to create and publish their own courses.
Udemy Business provides companies with a training platform and learning analytics tools.

Upsides

Rising demand for micro-credentials boosts Udemy's targeted learning outcomes.
AI-driven personalized learning enhances user engagement and retention on Udemy.
Hybrid work models increase demand for Udemy's flexible online professional courses.

Funding

Total raised$265.55 M
Latest valuation$3.70 B
StageIPO
IPO
8/31/2021
$420
$3.70 B
SECONDARY
11/30/2020
$22
SERIES F
10/31/2020
$50
$3.25 B
SERIES E
1/31/2020
$50
$2.00 B
SERIES D
5/31/2016
$60
$300.00 M
SERIES C
4/30/2014
$32
$160.00 M
SERIES B
11/30/2012
$12
$60.00 M
SERIES A
8/31/2011
$3
$15.00 M
SEED
7/31/2010
$1
$5.00 M