• General
  • July 18, 2020
  • 3 minutes read

Brief: Udemy Eyes New Funding

Udemy CFO David Oppenheimer. Photo credit: Udemy Online learning platform Udemy is seeking to raise new funding at a valuation…

Udemy CFO David Oppenheimer.

Photo credit: Udemy

Online learning platform Udemy is seeking to raise new funding at a valuation of $3 billion, as first reported [paywall] by news site The Information. The San Francisco-based company is said to have hired investment bank Goldman Sachs for new fundraising efforts. Online education companies, in general, have gotten a boost from the coronavirus pandemic as people have flocked to learn primarily online. In fact, Coursera, a Udemy competitor, just closed $130 million in additional funding at a reported $2.5 billion valuation.

Since its founding, Udemy is known to have raised $223 million in funding. The company’s last fundraise came at a valuation of $2 billion. Investors in Udemy include the likes of Insight Partners, Learn Capital, Norwest Venture Partners, and Naspers.




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