Class101 operates a global integrated subscription platform that launched in December and offers more than 5,300 classes spanning hobbies, career, money, and kids. Six months after the global subscription launch the company reached 150,000 paid subscribers. In September, on the first anniversary of its subscription conversion, Class101 achieved breakeven and reported monthly profitability. The company plans to use new funding to further refine its subscription service and to develop services that expand the experience spectrum for classmates and creators. Management says it will continue product development to strengthen market competitiveness and foster deeper creator–community interactions. The funding is presented as a springboard for more systematic and accelerated growth. CLASS101 is an online marketplace for creative classes that helps creators monetize skills by selling courses, goods and digital files. The platform provides and ships necessary tools and materials via a "Class Kit" and offers more than 2,000 classes across categories like drawing, crafts, photography, cooking and music. As of August 2021 it reports about 100,000 registered creators, roughly 3 million registered users, and 350 employees, with roughly 230 classes in the U.S. and 220 in Japan. The company was established in 2018 after pivoting from a tutoring-service platform founded in 2015. CLASS101 launched in the U.S. in 2019, entered Japan in 2020, and opened online classes for kids under 14 in 2020. It plans to use new funding to hire talent, expand domestic business and grow further in the U.S. and Japan while broadening creators' revenue streams. Class101 operates a hobby-focused platform where online users subscribe to “classes” to share interests and hone related skills. Its catalog includes illustration, calligraphy, handicrafts and cooking classes. The service targets users in their 20s and 30s seeking work–life balance and productive use of free time. The company emphasizes content production and platform development as strategic priorities, according to its lead investor. Class101 was founded in 2015 by Ko Ji-yeon, then an undergraduate at Ulsan National Institute of Science and Technology. Financially, the company has completed a new funding event, adding to an earlier seed round.

Total raised

$49M

Funding rounds

3

Latest round

Series B

Latest activity

Nov 2023