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Udacity

Udacity IPO

$1.08B
Series D Valuation, Nov 2015
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Udacity IPO date and status

2011
Founded
Mar 2024
MA Announced
May 2024
MA Closed

Company details

Udacity was founded in 2011 by by Sebastian Thrun, David Stavens, and Mike Sokolsky. While discussing equity term sheets, CEO Gabe Dalporto alluded to a potential future public listing when he told TechCrunch "For the foreseeable future, we are cash flow positive...we might do something closer to an IPO." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Udacity is an online learning platform that offers "Nanodegrees" in a wide range of tech-related fields. The company states that "three of the Big Four professional services firms, the world’s leading pharmaceutical company...and three of the four branches of the United States Department of Defense" use the platform, working with closely Udacity to create courses to meet their training and education needs. In 2017 the company acquired Terminal.com, a software and AI provider that specializes in educational technology. The company has received over $240 million in funding and had a post-money valuation of $1 billion in 2015.

Sector
Subsector
Founded
2011
Headquarters
Mountain View, CA, United States
Founders
David Stavens, Mike Sokolsky, Sebastian Thrun
Forge Price 1
Price not available
Market Activity 2
Limited
Last Matched Price
Post-Money Valuation 3
$1.08B
Total Funding
$164.08MM
Last Funding Round
Series D

Learn more about Udacity

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What is the pre-IPO value of my Udacity shares?

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Is Udacity a publicly traded company?

Udacity became a public company following its M&A on 05/20/2024 and is now a publicly traded company.

To learn more about Udacity potential IPO

Will Udacity go IPO?

Udacity became a public company following its M&A on 05/20/2024.

What is Udacity’s IPO price?

The IPO price of Udacity is not currently available.

When was Udacity founded?

Udacity was founded in 2011.

What is Udacity funding to date?

Udacity has raised $164.08MM to date.

Udacity major investors

Andreessen Horowitz
Baillie Gifford
Bertelsmann Digital Media Investments
Charles River Ventures
Drive Capital
Emerson Collective
Gv

Udacity pre-IPO valuation and funding rounds

Funding history chart
Funding round and deals details
Funding Date Round Amount Raised Price per Share Post-Money Valuation 3 Key Investors
11/09/2015 Series D $105.21MM $7.55 $1.08B Andreessen Horowitz, Baillie Gifford, Bertelsmann Digital Media Investments, Charles River Ventures, Drive Capital, Emerson Collective, Google Ventures, Recruit Strategic Partners
Price per Share
$ xx.xx
Shares Outstanding
13,935,239
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Baillie Gifford, Bertelsmann Digital Media Investments, Charles River Ventures, Drive Capital, Emerson Collective, Google Ventures, Recruit Strategic Partners
09/24/2014 Series C $34.7MM $1.67 $213.75MM Andreessen Horowitz, Bertelsmann Digital Media Investments, Charles River Ventures, Cox Enterprises, Drive Capital, Recruit, Valor Capital
Price per Share
$ xx.xx
Shares Outstanding
20,719,733
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Bertelsmann Digital Media Investments, Charles River Ventures, Cox Enterprises, Drive Capital, Recruit, Valor Capital
10/25/2012 Series B $17.1MM $0.59 $60.5MM Andreessen Horowitz, Charles River Ventures
Price per Share
$ xx.xx
Shares Outstanding
28,954,627
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Charles River Ventures
01/25/2012 Series A $7.06MM $0.42 $36MM Charles River Ventures
Price per Share
$ xx.xx
Shares Outstanding
16,827,135
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Charles River Ventures

Udacity IPO news and media highlights

Accenture Completes Acquisition of Udacity

Accenture (NYSE: ACN) has completed the acquisition of Udacity, a digital education pioneer with deep expertise in the development and delivery of proprietary technology courses that blend the flexibility of online learning with the benefits of human instruction. The acquisition underscores Accenture’s ongoing commitment to meeting the needs of its clients amid a changing workforce, in particular by helping their people gain essential industry-specific training and technology skills and achieve greater business value in the AI economy.

Accenture to Acquire EdTech Leader Udacity to Accelerate Capabilities of Accenture LearnVantage

Udacity is being acquired by Accenture further expand its online learning software.

Reported $80 Million Sale Of Udacity To Upgrad Isn't Celebration, It's Sad

The reported $80 million acquisition of online education provider Udacity by Indian edtech company upGrad represents a significant decrease from Udacity's $1 billion valuation in 2018 and raises concerns about the quality and academic integrity of online education platforms.

Udacity raises $75M in debt, says its tech education business is profitable after enterprise pivot – TechCrunch

Online education tools continue to see a surge of interest boosted by major changes in work and learning practices in the midst of a global health pandemic. And today, one of the early pioneers of the medium is announcing some funding as it tips into profitability on the back of a pivot to enterpri…
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Updated on: Jul 16, 2025

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