March Private Market UpdateFebruary shows slight uptick in Forge’s investor interest prior to bank turbulence
March Private Market Update
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.
Udacity does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Udacity will be known as it becomes public. Here are similar public companies: Udemy (NAS: UDMY), Duolingo (NAS: DUOL), Stride (NYS: LRN).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 11/9/2015 | Series D | $1.08B | $XXX.XX | $XXX.XX |
| 9/24/2014 | Series C | $213.75MM | $XXX.XX | $XXX.XX |
| 10/25/2012 | Series B | $60.5MM | $XXX.XX | $XXX.XX |
| 1/25/2012 | Series A | $36MM | $XXX.XX | $XXX.XX |
Udacity is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Udacity pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Udacity is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
