About Udemy
Udemy is a company based in San Francisco (United States) founded in 2010 was acquired by Coursera in December 2025.. Udemy has raised $273.59 million across 9 funding rounds from investors including Coursera, Tencent and Naspers. The company has 1,250 employees as of December 31, 2024. Udemy has completed 4 acquisitions, including CorpU, Lummi and Sunnytrail. Udemy operates in a competitive market with competitors including upGrad, Coursera, Degreed, MasterClass and Platzi, among others.
- Headquarter San Francisco, United States
- Employees 1250 as on 31 Dec, 2024
- Stage Public
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Udemy, Inc.
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Annual Revenue
$786.57 M7.91as on Dec 31, 2024
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Net Profit
$-85.29 M20.51as on Dec 31, 2024
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EBITDA
$12.43 M114.28as on Dec 31, 2024
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Total Equity Funding
$273.59 M (USD)
in 9 rounds
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Latest Funding Round
$50 M (USD), Series E
Nov 18, 2020
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Investors
Coursera
& 25 more
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Employee Count
1250
as on Dec 31, 2024
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Investments & Acquisitions
CorpU
& 3 more
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Acquired by
Coursera
(Dec 17, 2025)
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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.
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Software Development Team
92 people
Leadership Team
88 people
Sales and Marketing
83 people
Senior Team
34 people
Operations Team
17 people
Enterprise Team
17 people
Product Management Team
16 people
Strategic Team
11 people
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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 Total Funding
- Total Rounds 9
- Last Round Series E — $50.0M
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First Round
First Round
(31 Aug 2010)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Series E - Udemy | Valuation | Tencent | |
| Jun, 2020 | Amount | Series E - Udemy | Valuation | Leonis Investment |
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| Feb, 2020 | Amount | Series E - Udemy | Valuation | Benesse |
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| 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 Udemy
Udemy has secured backing from 26 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Coursera, Tencent and Naspers. 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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Venture capital is provided to early-stage emerging market sectors.
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Founded Year | Domain | Location | |
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Learn Ventures is focused on building educational technology ventures.
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Founded Year | Domain | Location | |
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Early-stage venture capital fund backed by Gabriel Jarrosson
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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 Udemy
Udemy has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include CorpU, Lummi and Sunnytrail. 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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Full-stack web development is taught through online courses and mentorship.
|
2013 | ||||
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Industrial V-belts and timing belts are manufactured for various applications.
|
2010 | ||||
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An online platform is offered for professional collaboration and learning.
|
1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
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 - Udemy
| 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 |
Udemy Comparisons
Competitors of Udemy
Udemy 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 upGrad, Coursera, Degreed, MasterClass and Platzi, 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 |
Professional certification training courses are provided via an online platform.
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| domain | founded_year | HQ Location |
An online platform for multi-course education is operated.
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| domain | founded_year | HQ Location |
Cloud-based LMS platform tracks skills across industries.
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| domain | founded_year | HQ Location |
Online courses in creative fields are delivered by celebrity experts.
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| domain | founded_year | HQ Location |
Online courses in web and app development
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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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Latest news on Udemy
Frequently Asked Questions about Udemy
When was Udemy founded?
Udemy was founded in 2010.
Where is Udemy located?
Udemy is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Udemy?
Greg Brown is the current CEO of Udemy.
Is Udemy a funded company?
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 Series E of $50M, raised on Aug 31, 2010.
How many employees does Udemy have?
As of Dec 31, 2024, the latest employee count at Udemy is 1,250.
What is the annual revenue of Udemy?
Annual revenue of Udemy is $786.57M as on Dec 31, 2024.
What does Udemy do?
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.
Who are the top competitors of Udemy?
Udemy's top competitors include upGrad, Coursera and MasterClass.
Is Udemy publicly traded?
Yes, Udemy is publicly traded on NASDAQ under the ticker symbol UDMY.
How many acquisitions has Udemy made?
Udemy has made 4 acquisitions, including CorpU, Lummi, and Sunnytrail.
Who are Udemy's investors?
Udemy has 26 investors. Key investors include Coursera, Tencent, Naspers, Prosus, and Norwest Venture Partners.
What is Udemy's ticker symbol?
The ticker symbol of Udemy is UDMY on NASDAQ.
What is Udemy's valuation?
The valuation of Udemy is $3.25B as of Nov 2020.
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