Coursera operates a large online learning marketplace offering courses to individual learners and a separate enterprise arm that delivers training to companies. The company launched the Coursera Campus Response Initiative, which signed up over 1 million students, and said enrollments quintupled year over year during the pandemic. Its enterprise business serves more than 2,500 companies and grew 70% year-over-year. Coursera plans to expand internationally and hire more employees. Starting this fall the company will charge roughly $250–$400 per student subscription for certain offerings. The pandemic has been a key growth driver for the platform and its recent operational metrics reflect sustained demand for remote learning. Coursera operates an online learning platform that offers free and paid short courses, skills certifications and full degrees in partnership with universities and businesses. The company hosts about 3,200 courses and 310 specializations with partners including Columbia University, Johns Hopkins and the University of Michigan. Some 40 million people have taken classes on Coursera, and the company has moved into corporate training and vocational programs such as a Google IT certification and a health vertical introduced in January. CEO Jeff Maggioncalda, who joined in 2017, says Coursera intends to expand its product portfolio across open courses, microcredentials, bachelor’s and master’s degrees and other offerings. The company is using recent growth to explore next steps such as helping paying learners with job placement and deeper partnerships with employers. Financially, Coursera’s valuation has risen from around $800 million to “well over” $1 billion per sources cited in the article. Coursera is an online learning platform that hosts 2,000 courses, 180 specializations and full master’s degree programs in areas such as business and computing. The company reports 26 million registered users and works with 150 university partners and around 50 companies that offer courses through the platform. Its offerings span short courses, specializations and newer full online degrees, with the majority of users currently in short-course programs while masters programs are in early cohorts. Coursera also serves enterprise and nonprofit customers across multiple countries, and lists corporate customers including BCG, BNY Mellon, L’Oreal, PayPal and Air France KLM. Management says it will use new funding to develop AI to personalize learning, expand its range of full online degrees, and grow its enterprise and nonprofit training business. The company was founded in 2012 and has raised capital previously, bringing total funding to just over $210 million after this round. Coursera, co-founded in 2012 and based in Mountain View, CA, offers a platform for open-access courses from universities and educational organizations. The company provides more than 15 million registered learners access to over 1,400 courses and 80 Specializations from 130+ institutions. Coursera’s core product is its online learning platform that aggregates university course content and Specializations. The company raised $11.6M in the second close of its Series C financing, bringing total Series C funding to $61.1M after a $49.5M first tranche announced in August 2015. The second close investment was made by EDBI, the corporate investment arm of the Singapore Economic Development Board. Coursera will use the funding to expand efforts to source new, career-relevant content and improve the learning experience to meet the needs of learners in Asia, one of its fastest-growing markets. Coursera operates an online education platform that offers 1,100 courses to nearly 15 million users. The company serves large international audiences—about 1 million users each in China and India, with Brazil and Latin America also sizable—and the majority of its staff (98 percent) is based in Silicon Valley. Coursera's primary revenue source is its multi-course paid specializations program, and it is testing alternative monetization strategies. The company plans to use new funding to fuel international expansion, expand its content offerings, and continue product innovation. Management has highlighted priorities such as improving assessments and learner interactions and launching additional specializations with industry partners.

Total raised

$441M

Funding rounds

9

Latest round

Series F

Latest activity

Jul 2020