About 2U
2U is a company based in Annapolis (United States) founded in 2008.. 2U has raised $100.91 million across 7 funding rounds from investors including Bessemer Venture Partners, Owl Rock and Highland Capital Partners. 2U has completed 3 acquisitions, including GetSmarter, Trilogy Education Services and edX. 2U offers products and services including edX and Online Programs. 2U operates in a competitive market with competitors including D2L, PowerSchool, Instructure, Anthology and GoGuardian, among others.
- Headquarter Annapolis, United States
- Stage Public
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Sectors
Education
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$100.91 M (USD)
in 7 rounds
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Latest Funding Round
$250 M (USD), Debt – Conventional
Apr 08, 2019
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Investors
Bessemer Venture Partners
& 6 more
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Employee Count
Employee Count
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Investments & Acquisitions
GetSmarter
& 2 more
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Products & Services of 2U
2U offers a comprehensive portfolio of products and services, including edX and Online Programs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Connects learners to affordable career-relevant educational programs worldwide.
Offers scalable courses in fields like AI and public health for professional development.
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Software Development Team
68 people
Leadership Team
35 people
Senior Team
27 people
Data Analysis and Operations Team
21 people
Sales and Marketing
19 people
Product Management Team
18 people
Finance and Accounting
16 people
Human Resources and Administration
15 people
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Funding Insights of 2U
2U has successfully raised a total of $100.91M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $250 million completed in April 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Debt – Conventional — $250.0M
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First Round
First Round
(25 Mar 2009)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Debt – Conventional - 2U | Valuation |
investors |
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| Oct, 2013 | Amount | Series D - 2U | Valuation |
investors |
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| Mar, 2011 | Amount | Series C - 2U | Valuation | Bessemer Venture Partners , QED Investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 2U
2U has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, Owl Rock and Highland Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity and debt financing are provided to mid-market companies.
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Founded Year | Domain | Location | |
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Venture capital investment and entrepreneur support services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 2U
2U has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include GetSmarter, Trilogy Education Services and edX. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Alternative credentials are offered via university partnerships for skills training.
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2015 | ||||
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MOOCs are hosted by edX, a non-profit education platform.
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2012 | ||||
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Short-term online courses are offered in university partnerships.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - 2U
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
2U Comparisons
Competitors of 2U
2U operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as D2L, PowerSchool, Instructure, Anthology and GoGuardian, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Learning management systems are provided for multiple sectors.
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| domain | founded_year | HQ Location |
Cloud-based software for K-12 education is provided.
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| domain | founded_year | HQ Location |
Cloud-based learning management systems are provided for educational courses.
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| domain | founded_year | HQ Location |
LMS and CRM solutions are provided for educational institutions.
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| domain | founded_year | HQ Location |
School devices and student activities are monitored via AI platform.
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| domain | founded_year | HQ Location |
Predictive analytics platform for personalised education advice
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 2U
When was 2U founded?
2U was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is 2U located?
2U is headquartered in Annapolis, United States. It is registered at Annapolis, Maryland, United States.
Is 2U a funded company?
2U is a funded company, having raised a total of $100.91M across 7 funding rounds to date. The company's 1st funding round was a Series C of $32.5M, raised on Mar 25, 2009.
What does 2U do?
2U was founded in 2008 in Annapolis, United States, within the education technology sector. Platforms and tools are offered to support skill development in logic, critical thinking, creativity, and cognitive abilities. Programs incorporating robotics, coding, and integrated curricula are delivered to learners ranging from preschoolers to college students. Operations focus on fostering educational growth through these specialized resources.
Who are the top competitors of 2U?
2U's top competitors include PowerSchool, LEAD School and Instructure.
What products or services does 2U offer?
2U offers edX and Online Programs.
How many acquisitions has 2U made?
2U has made 3 acquisitions, including GetSmarter, Trilogy Education Services, and edX.
Who are 2U's investors?
2U has 7 investors. Key investors include Bessemer Venture Partners, Owl Rock, Highland Capital Partners, Redpoint Ventures, and Novak Biddle Venture Partners.
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