Udacity

Mountain View, United States Founded: 2011 • Age: 15 yrs Unicorn Acquired By Accenture
Online platform for professional development courses in software is provided.

About Udacity

Udacity is an Education company based in Mountain View (United States) founded in 2011 by Sebastian Thrun and David Stavens, and was acquired by Accenture in March 2024. Online platform for professional development courses in software is provided. Udacity has raised $238 million across 5 funding rounds from investors including Accenture, Hercules Capital and Baillie Gifford. The company has 28 employees. Udacity has completed 1 acquisition, including Terminal. Udacity was last valued at $1 billion in November 2020. Its chief executive, as recorded, is Gabriel Dalporto. Its website udacity.com draws about 1.4 million monthly visits. Its Indian entity Udacity India Private Limited reported revenue of β‚Ή13.85 Cr. Its focus areas include EdTech, Continued Learning, Professional and Online Learning. Its competitors include Coursera, Pluralsight and Codecademy; 3 of its 3 listed competitors have raised funding.

Company details

Udacity provides a professional development course platform. It offers open online courses mainly focusing on professional development courses on software development with streams in front-end web, full-stack web, iOS development, etc. The platform offers its solutions for individuals, enterprises, and governments. Its students are assigned homework that follows learning by doing model. Its Nano-Degree programs are developed in collaboration with Google, Nvidia, Microsoft, Autodesk, Cadence Design Systems, and Wolfram Research. It works on a freemium model.

  • Headquarters Mountain View, United States
  • Employees 28
  • Founders Sebastian Thrun, David Stavens
  • Stage Acquired
  • Sectors
    Education
  • Website category Science and Education · Education
  • Email
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  • Phone
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  • Website udacity.com
  • Social LinkedIn X Facebook
  • Acquired by Accenture (Mar 2024)
  • Legal Name Udacity India Private Limited
  • Date of Incorporation 27 Oct, 2015
  • Jurisdiction Delhi, India
Key Metrics
  • Indian entity revenue
    ₹13.85 Cr

    FY 2025 · -9% YoY

  • Indian entity net profit
    ₹89.1 Lakh

    FY 2025 · 6% margin

  • Indian entity EBITDA
    ₹3.41 Cr

    FY 2025 · 25% margin

  • Total Equity Funding
    $238M (USD)

    in 5 rounds

  • Latest Funding Round
    $75M (USD), Debt – Conventional

    Nov 2020

  • Investors
    Accenture

    & 19 more

  • Employee Count
    28
  • Investments & Acquisitions
  • Acquired by
    Accenture

    (Mar 2024)

Funding Insights of Udacity

Udacity has successfully raised a total of $238M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $75 million completed in November 2020. 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 $238M
  • Total Rounds 5
  • Last Round Debt – Conventional β€” $75M
  • First Round $5M

    (Apr 2011)

  • Investors Count 20

All 5 funding rounds of Udacity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2020$75MDebt – Conventional––
Nov 2015$105MSeries D–Bertelsmann
Sep 2014$35MSeries C–Drive Capital
Oct 2012$15MSeries B–a16z
Apr 2011$5MSeries A–CRV
–
Valuation history
DateValuationStage
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Last known valuation $1B (Nov 2020). 20 investors in total: 20 institutional.

Investors in Udacity

Udacity has secured backing from 20 investors, including venture fund and institutional investors. Prominent investors backing the company include Accenture, Hercules Capital and Baillie Gifford.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Corporate backed venture capital fund investing in multiple sectors
gv.comMountain View, United States
Venture capital firm focused on pre-seed and seed stage investments
drivecapital.comColumbus, United States
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
a16z.com
CRV is recognized as a venture capital firm investing in technology startups.
crv.comPalo Alto, United States
Growth equity and venture capital are applied to tech sectors.
valorcapitalgroup.comNew York, United States
Corporate-backed venture capital firm focused on fintech, Edtech, and multiple sectors
recruitstrategicpartners.comSan Mateo, United States
Venture debt financing is provided to companies in multiple sectors.
2003htgc.comPalo Alto, United States
Venture capital fund focused on early-stage startups
vershina.vcNicosia, Cyprus
Private equity and VC fund
ripplecapital.ca
Venture capital firm investing in multiple sectors
k20fund.comCedarhurst, United States
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Investor details for Udacity

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Board of directors of Udacity India Private Limited (Udacity)

Udacity India Private Limited is the primary company behind Udacity. The board of Udacity India Private Limited currently have 3 directors; the longest-serving is Swati Sharma, appointed in 2024. 20 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Swati Sharma
DIN 05005628
Director03 Oct 20242 yrs 1 moUdacity India Private Limited
Ravi Shankar Nori
DIN 10798709
Director10 Oct 20242 yrsUdacity India Private Limited
Robin Wagner Reasoner
DIN 11335866
Additional Director29 Oct 20251 yrUdacity India Private Limited

People of Udacity

68 people are tracked at Udacity (23 in leadership, 1 in board & advisors, 44 in team); the tracked headcount is 28.

NameRoleGroup
Gabriel Dalporto
CEOLeadership
Sebastian Thrun
FounderLeadership
David Stavens
FounderLeadership
Therese Parkes
Vice President, Global Market Development And GrowthLeadership
James Richards
Chief Technology OfficerLeadership
Hisham Elaraby
Chief Financial OfficerLeadership
Victoria Papalian
COOLeadership
Jeehyang Leung
Head of Brand and Product MarketingLeadership
Aparna Vemuri
Chief of StaffLeadership
Kai Roemmelt
CEOLeadership
Kyle Regan
Regional Vice President - North America Enterprise & FederalLeadership
Michael Conway
VP, ContentLeadership
Katie McGinnis
VP, PeopleLeadership
Abi Stephens
Director Of Growth Marketing, EnterpriseLeadership
Jason Chitwood
Head of Consumer MarketingLeadership
Kevin Duffer
Director, Federal SalesLeadership
Blake Hunsaker
Director, Strategic AlliancesLeadership
Josh Elboim
Director - Strategic Enterprise AccountsLeadership
Matthew Franks
Chief Revenue OfficerLeadership
Edward Stevenson
Chief Growth OfficerLeadership

48 more people are available in the full profile.

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Financials of Udacity

Figures of Udacity India Private Limited, the primary company behind Udacity, for FY 2025. Revenue was ₹13.85 Cr (-9% year on year). Net profit was ₹89.1 Lakh (6% margin). EBITDA was ₹3.41 Cr (25% margin). Revenue has grown at a compounded annual rate of -4% over three years and -10% over five years.

  • ₹13.85 CrRevenue · FY 2025 · -9% YoY
  • ₹89.1 LakhNet profit · 6% margin
  • ₹3.41 CrEBITDA · 25% margin
  • ₹1 LakhPaid-up capital
  • 28Employees (provident fund records)
  • -4%Revenue CAGR, 3 years
  • -10%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Udacity India Private Limited are on its company page.

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Investments & Acquisitions by Udacity

Udacity has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Terminal.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Elastic computing platform providing an interactive coding environment right from the browser
terminal.comBrookline, United States2013Mar 2017β€’β€’β€’β€’
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Timeline of Udacity

6 dated milestones of Udacity across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded Udacity is founded.
  2. Funding First funding round of $5.0M.
  3. Milestone Reaches Unicorn status.
  4. Acquisition Acquires Terminal.
  5. Funding Latest funding round, Debt – Conventional, of $75.0M.
  6. Exit Acquired by Accenture.

Competitors of Udacity

Udacity has 3 listed competitors in our database, 3 of them funded. They include Coursera, Pluralsight and Codecademy.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
coursera.org2012Mountain View, United States$443.17M443
An online platform for multi-course education is operated.
pluralsight.com2004Farmington, United States$235.41M315
Cloud-based LMS platform for IT industry
codecademy.com2011New York, United States$82.53M191
Mobile and SaaS-based platform to learn coding
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Detailed competitors of Udacity

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Web traffic of Udacity

The website of Udacity (udacity.com) receives about 1.4M visits a month and ranks #28,369 among all websites worldwide, #1,640 in Education.

  • Monthly visits
    1.4M

    ▲ 2.8% vs previous month

  • Unique visitors
    505.3K

    per month

  • Global rank
    #28,369

    among all websites

  • Category rank
    #1,640

    Science and Education · Education

Similar websites

Websites whose visitors overlap most with Udacity. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
coursera.org
100%
44.7M#744View details
edx.org
94%
6.7M#7,440View details
class-central.com
class-central.com
82%
–
canvas.net
74%
62.9K#489,719View details
classcentral.com
71%
2.3M#22,496View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Corporate & Professional Learning Platforms

3 companies that operate in the same segment as Udacity (Corporate & Professional Learning Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of a platform providing gamified language learning through interactive exercises
2011Pittsburgh, Pennsylvania, United StatesUSD 183.3 MUSD 748.02 M900
Cloud-based LMS platform for IT industry
2004Farmington, Utah, United StatesUSD 235.41 MUSD 4.95 M1,774
Professional certification programs are delivered through a mobile platform.
2010San Francisco, California, United StatesUSD 80.82 MUSD 84.24 M1,661
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Related news about Udacity

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Frequently Asked Questions about Udacity

Udacity was founded in 2011.

Udacity is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.

Gabriel Dalporto is the CEO of Udacity, as recorded in our data.

Udacity is a funded company, having raised a total of $238M across 5 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Apr 2011.

Udacity has 28 employees.

The primary company behind Udacity, Udacity India Private Limited, reported revenue of β‚Ή13.85 Cr for FY 2025, down 9% year on year.

Udacity provides a professional development course platform. It offers open online courses mainly focusing on professional development courses on software development with streams in front-end web, full-stack web, iOS development, etc. The platform offers its solutions for individuals, enterprises, and governments. Its students are assigned homework that follows learning by doing model. Its Nano-Degree programs are developed in collaboration with Google, Nvidia, Microsoft, Autodesk, Cadence Design Systems, and Wolfram Research. It works on a freemium model.

Udacity's top competitors include Pluralsight, Coursera and Codecademy.

Udacity has made 1 acquisition, including Terminal.

Udacity has 20 investors. Key investors include Accenture, Hercules Capital, Baillie Gifford, Crimson Investment Fund, and Google Ventures.

The valuation of Udacity is $1B as of Nov 2020.

Udacity operates through Udacity India Private Limited.

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