Coursera, Inc. announced that it has received $130 million in funding from New Enterprise Associates, Inc., Kleiner Perkins Caufield & Byers, SEEK Limited, Learn Capital, LLC, SuRo Capital Corp, G Squared, and other investors
July 16, 2020
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On July 17, 2020, Coursera, Inc. closed the transaction and raised $130,000,000. The transaction was led by existing investor New Enterprise Associates, Inc. and also included participation from existing investors, Kleiner Perkins Caufield & Byers, SEEK Limited (ASX:SEK), Learn Capital, LLC, SuRo Capital Corp. and G Squared.
The round is raised at a post-money valuation of $2,500,000,000. The company raised $129,999,986 from 22 investors pursuant to Regulation D in the transaction.
Coursera, Inc. provides an online learning platform that connects learners, educators, and institutions, providing educational content that is accessible and relevant. The Company's segments include Consumer, Enterprise, and Degrees. The Company provides a range of learning content and credentials, including Clips, Guided Projects, Specializations, courses, and certificates that can build towards a broader course of study such as a degree or postgraduate diploma. Its offerings include Coursera.org for Individuals, Coursera for Enterprise, Coursera for Business, Coursera for Campus and Coursera for Government. It offers a portfolio of entry-level Professional Certificates from Google, IBM, Intuit, Meta, Microsoft, and Salesforce that help develop the skills needed to land entry-level digital jobs in information technology, cybersecurity, data science, marketing, sales, design, and software engineering and development without requiring a college degree or any experience in the field.
Coursera, Inc. announced that it has received $130 million in funding from New Enterprise Associates, Inc., Kleiner Perkins Caufield & Byers, SEEK Limited, Learn Capital, LLC, SuRo Capital Corp, G Squared, and other investors