Udemy IPO

udemy.comEducationFounded: 2010Funding to Date: $243.21MM

Udemy was founded in 2009 by Eren Bali, Oktay Caglar, and Gagan Biyani. The company has not officially endorsed a plan to participate in an IPO.

Udemy is an online learning platform aimed at professional adults and students. The company has raised nearly $225 million in Venture Capital funding from investors including NewView Capital, eBrands.vc, Founders Circle Capital, Norwest Venture Partners, Signia Venture Partners, Learn Capital, Lightbank, Bullpen Capital, DG Ventures, and MHS Capital Management. Per company press releases, Udemy last raised $50 million in February 2020 at a post-money valuation of $2 billion.

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Valuation

Date of Last Funding Round

February 2020

Amount Last Raised

$2.06 B

Value at Last Round

$40 MM

Total Funding to Date

$193.2 MM

Enterprise Value (based on primary financings)