About Udemy
Udemy is a publicly listed company based in San Francisco (United States) founded in 2010 by Eren Bali and Gagan Biyani, and was acquired by Coursera in December 2025. Online courses in diverse subjects are provided via a marketplace. Udemy has raised $273.59 million across 9 funding rounds from investors including Coursera, Tencent and Naspers. The company has 9,135 employees. Udemy has completed 4 acquisitions, including CorpU, Lummi and Sunnytrail. Udemy was last valued at $3.71 billion in October 2021. Its chief executive, as recorded, is Greg Brown. Its website udemy.com draws about 78.7 million monthly visits. Its focus areas include EdTech, Continued Learning, Professional and Online Learning. Its competitors include Coursera, Degreed and MasterClass; 3 of its 3 listed competitors have raised funding.
Company details
Udemy was founded in 2010 in San Francisco, United States, as a platform in the online education sector. Courses covering business, IT, software, photography, marketing, music, finance, and other areas are offered through its marketplace. Content is created by instructors and accessed at learners own pace. A corporate training solution is also provided, alongside mobile applications for Android and iOS devices.
- Annual Revenue$789.84 M (USD)0.42as on Dec 31, 2025
- Net Profit$3.81 M (USD)as on Dec 31, 2025
- EBITDA$22.78 M (USD)83.24as on Dec 31, 2025
- Total Equity Funding$273.59M (USD)
in 9 rounds
- Latest Funding Round$50M (USD), Series E
Nov 2020
- InvestorsCoursera
& 54 more
- Employee Count9,135
- Investments & AcquisitionsCorpU
& 3 more
- Acquired byCoursera
(Dec 2025)
Apps and channels of Udemy
Udemy publishes 1 mobile app with over 10M+ downloads.
Funding Insights of Udemy
Udemy has successfully raised a total of $273.59M across 9 strategic funding rounds. The most recent funding activity was a Series E round of $50 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 $273.59M
- Total Rounds 9
- Last Round Series E — $50M
- First Round $1M
(Aug 2010)
- Investors Count 55
All 9 funding rounds of Udemy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2020 | $50M | Series E | $3.25B | Tencent | |
| Jun 2020 | $591,079 | Series E | – | Leonis Investment | – |
| Feb 2020 | $50M | Series E | – | Benesse | – |
| May 2016 | $60M | Series D | – | Naspers | |
| Jun 2015 | $65M | Series D | – | Stripes | |
| Apr 2014 | $32M | Series C | – | Norwest Venture Partners | |
| Dec 2012 | $12M | Series B | – | Insight Partners | |
| Oct 2011 | $3M | Series A | – | Eric Lefkofsky, Bradley Keywell | |
| Aug 2010 | $1M | Seed | – | MHS Capital, 500 Global |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2020 | $3.25B | •••••••• |
Full valuation and stage history of Udemy
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Last known valuation $3.71B (Oct 2021). 55 investors in total: 42 institutional and 13 angel.
Investors in Udemy
Udemy has secured backing from 55 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Coursera, Tencent and Naspers.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is provided to early-stage emerging market sectors. | rockstoneventures.org | Dubai, United Arab Emirates | ||
Learn Ventures is focused on building educational technology ventures. | learn.vc | San Mateo, United States | ||
Early-stage venture capital fund backed by Gabriel Jarrosson | leonis.vc | Paris, France | ||
Global investments in early and growth-stage tech firms are conducted. | 1915 | naspers.com | Cape Town, South Africa | |
Tech companies are invested in by this venture capital firm. | 1997 | prosus.com | Amsterdam, Netherlands | |
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors. | 1961 | nvp.com | Menlo Park, United States | |
Investment firm scaling software and technology companies from early to late stages. | insightpartners.com | |||
Global investments are made in product-led growth companies. | stripes.co | New York, United States | ||
Venture capital is invested in US startups by MHS Capital. | mhscapital.com | San Francisco, United States | ||
Tech focused seed & early stage VC firm investing primarily in the US | lightbank.com | Chicago, United States |
Investor details for Udemy
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People of Udemy
465 people are tracked at Udemy (119 in leadership, 4 in board & advisors, 342 in team); the tracked headcount is 9,135.
| Name | Role | Group |
|---|---|---|
Greg Brown | CEO | Leadership |
Eren Bali | Founder | Leadership |
Gagan Biyani | Founder | Leadership |
Veronika Benkeser | Director, Content Operations | Leadership |
Robin Hills | Udemy Instructor Partner | Leadership |
Aron Satre | Vice President, Corporate Controller | Leadership |
Ting Yan | Director, International Strategy, Content And Supply | Leadership |
Charles Ballard | Associate Creative Director | Leadership |
Chuong Do | VP, Engineering - Data | Leadership |
Stef Miller | Senior Director, Global Campaigns & Digital | Leadership |
Anshika Jain | Vp, Global Direct To Consumer | Leadership |
Marco Innocenti | Director, Customer Success Operations | Leadership |
Karen Fascenda | Chief People Officer | Leadership |
Bill O’Shea | VP, EMEA | Leadership |
Danny French | Senior Director, Commercial & Growth Enterprise Sales, Latin America | Leadership |
Mehmet Ozkaya | Udemy Instructor Partner | Leadership |
Arturo Pereyra | Head Of Global Abm, Events & Digital Marketing | Leadership |
Katya Tymchenko | Director, Channel Marketing | Leadership |
Hugo Sarrazin | Chief Executive Officer | Leadership |
Yuta Kikuchi | Director, Marketing, New Ventures | Leadership |
445 more people are available in the full profile.
Complete people profiles for Udemy
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IPO & Listings of Udemy
Udemy is a publicly listed company on the NASDAQ with ticker symbol UDMY in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date29 Oct 2021
- Listed onNASDAQ: UDMY
- Listed entityUdemy, Inc.
- Exchange sectorTechnology services
- ISINUS9026851066
- Share price$4.63 (-7.95% on the day) · 2026-05-11
- Market capitalisation$675.7M
- Price to earnings189.0
- EPS (diluted, trailing year)$0.02
- Volume (last session)2,372,691
- Analyst consensusBuy
Financials of Udemy
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $789.8M | $3.8M | $22.8M |
| 2024 | $786.6M | -$85.3M | $12.4M |
| 2023 | $728.9M | -$107.3M | -$87.0M |
| 2022 | $629.1M | -$153.9M | -$123.5M |
| 2021 | $515.7M | -$80.0M | -$62.3M |
Detailed financial statements for Udemy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Udemy
Udemy has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include CorpU, Lummi and Sunnytrail.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
AI-generated stock photos platform | lummi.ai | 0 | Jun 2025 | •••• | ||
An online platform is offered for professional collaboration and learning. | corpu.com | Mechanicsburg, United States | 1997 | Aug 2021 | $30M | |
Full-stack web development is taught through online courses and mentorship. | talentbuddy.co | Vancouver, Canada | 2013 | Feb 2016 | •••• | |
Industrial V-belts and timing belts are manufactured for various applications. | thesunnytrail.com | Vancouver, Canada | 2010 | Feb 2016 | •••• |
Complete acquisition details for Udemy
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Timeline of Udemy
10 dated milestones of Udemy across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Udemy is founded.
- Funding First funding round of $1.0M.
- Acquisition Acquires Sunnytrail.
- Acquisition Acquires Talentbuddy.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series E, of $50.0M.
- Acquisition Acquires CorpU.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Lummi.
- Exit Acquired by Coursera.
Competitors of Udemy
Udemy has 3 listed competitors in our database, 3 of them funded. They include Coursera, Degreed and MasterClass.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| coursera.org | 2012 | Mountain View, United States | $443.17M | 443 | An online platform for multi-course education is operated. | |
| degreed.com | 2012 | Pleasanton, United States | $367.07M | 392 | Cloud-based LMS platform tracks skills across industries. | |
| masterclass.com | 2012 | San Francisco, United States | $461.4M | 623 | Online courses in creative fields are delivered by celebrity experts. |
Detailed competitors of Udemy
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Web traffic of Udemy
The website of Udemy (udemy.com) receives about 78.7M visits a month and ranks #516 among all websites worldwide, #13 in Education.
- Monthly visits78.7M
▲ 8.6% vs previous month
- Unique visitors14M
per month
- Global rank#516
among all websites
- Category rank#13
Science and Education · Education
- Bounce rate37%
- Pages per visit5.7
- Average visit8 min 36 sec
- DevicesDesktop 79% · Mobile 21%
Websites whose visitors overlap most with Udemy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| coursera.org | 100% | 44.7M | #744 | View details | |
| scribd.com | 65% | 306.7M | #137 | View details | |
| udacity.com | 60% | 1.4M | #28,369 | View details | |
| alison.com | 58% | 6.3M | #8,802 | View details | |
| classcentral.com | 58% | 2.3M | #22,496 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Udemy
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Top companies in Corporate & Professional Learning Platforms
3 companies that operate in the same segment as Udemy (Corporate & Professional Learning Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a platform providing gamified language learning through interactive exercises | 2011 | Pittsburgh, Pennsylvania, United States | USD 183.3 M | USD 748.02 M | 900 | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Professional certification programs are delivered through a mobile platform. | 2010 | San Francisco, California, United States | USD 80.82 M | USD 84.24 M | 1,661 |
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Related news about Udemy
Complete news archive for Udemy
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Frequently Asked Questions about Udemy
Udemy was founded in 2010.
Udemy is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Greg Brown is the CEO of Udemy, as recorded in our data.
Udemy is a funded company, having raised a total of $273.59M across 9 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Aug 2010.
Udemy has 9,135 employees.
Annual revenue of Udemy is $789.84M as on Dec 31, 2025.
Udemy was founded in 2010 in San Francisco, United States, as a platform in the online education sector. Courses covering business, IT, software, photography, marketing, music, finance, and other areas are offered through its marketplace. Content is created by instructors and accessed at learners own pace. A corporate training solution is also provided, alongside mobile applications for Android and iOS devices.
Udemy's top competitors include Coursera, MasterClass and Degreed.
Yes, Udemy is publicly traded on NASDAQ under the ticker symbol UDMY.
Udemy has made 4 acquisitions, including CorpU, Lummi, and Sunnytrail.
Udemy has 55 investors. Key investors include Coursera, Tencent, Naspers, Prosus, and Norwest Venture Partners.
The valuation of Udemy is $3.71B as of Oct 2021.