# Udemy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/udemy

- Industry: Education/Training
- Headquarters: San Francisco, US
- Website: www.udemy.com
- Total disclosed funding: $220M
- Latest round: Series F (Nov 9, 2020)
- Investors on record: 12

## About

Based in San Francisco, California, Udemy, Inc. was founded in 2010 by co-founders Eren Bali and Oktay Caglar. The company operates as a provider of online courses such as business, finance and accounting, academics and more. In December 2025, Coursera, Inc., a portfolio company of New Enterprise Associates, Kleiner Perkins, Caltech, GSV Asset Management, IFC Asset Management Company, Laureate Education, Inc., Learn Capital, Black River Ventures, Times Internet Limited, SG Growth Capital, The Lampert Foundation, Alto Partners, Future Fund, SEEK, Alpha Partners, G Squared, and Sutter Rock Capital, agreed to acquire Udemy, Inc. from Catamaran Ventures, 500 Global, MHS Capital, Version One Ventures, Lightbank, Insight Partners, Learn Capital, Norwest Venture Partners, Stripes, Prosus Ventures, Manhattan Venture Partners, Benesse Holdings, Alpha Partners, Rockstone Ventures, and Tencent Holdings Limited for USD 950 million in stock. The December 2025 acquisition aims to strengthen the position of these platforms in workforce training and AI-driven education.

The company offers courses in various fields such as business, IT and software, arts, health and fitness, language, music, marketing, office productivity, and personal development as a means of improving job-related skills. Some courses generate credit toward technical certification. Corporate trainers also use Udemy to create coursework for employees of their company. The platform provides course development tools through which instructors upload videos, PowerPoint presentations, PDFs, audio, ZIP files, and live classes to create courses. Instructors can also engage and interact with users via online discussion boards. The company offers courses in various categories including business and entrepreneurship, academics, the arts, health and fitness, language, music, and technology. Udemy also offers Udemy for Business, enabling businesses to access a targeted suite of over 7,000 training courses on topics from digital marketing tactics to office productivity, design, management, and programming.

The company generates revenue by offering an employee training and development platform with subscription access to courses. 

Udemy plans to continue to grow its consumer and business product offerings to serve the learners, organizations, and instructors.

## Funding rounds

- Series F, Nov 9, 2020, $50M — Learn Capital, Alpha Partners, Tencent Holdings Limited, Rockstone Ventures
- Series D, Jun 2, 2016, $60M — Prosus Ventures
- Series D, May 19, 2015, $65M — Norwest Venture Partners, Insight Partners, Stripes
- Series C, Apr 30, 2014, $29M — Norwest Venture Partners, Insight Partners, MHS Capital
- Series B, Dec 10, 2012, $12M — Insight Partners, MHS Capital, Lightbank, Learn Capital
- Series A, Oct 12, 2011, $3M — MHS Capital, 500 Global, Lightbank
- Seed, Aug 1, 2011 — Version One Ventures
- Seed, Aug 31, 2010, $1M — MHS Capital, 500 Global

## Investors

- MHS Capital (https://capitalatlas.ai/funds/mhs-capital) — Seed, Series A, Series B, Series C
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed, Series A
- Version One Ventures (https://capitalatlas.ai/funds/version-one-ventures) — Seed
- Lightbank (https://capitalatlas.ai/funds/lightbank) — Series A, Series B
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B, Series C, Series D
- Learn Capital (https://capitalatlas.ai/funds/learn-capital) — Series B, Series F
- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series C, Series D
- Stripes (https://capitalatlas.ai/funds/stripes) — Series D
- Prosus Ventures (https://capitalatlas.ai/funds/prosus-ventures) — Series D
- Alpha Partners (https://capitalatlas.ai/funds/alpha-partners) — Series F
- Tencent Holdings Limited — Series F
- Rockstone Ventures (https://capitalatlas.ai/funds/rockstone-ventures) — Series F