Coursera, Inc. announced that it expects to receive $129.999986 million in funding
July 06, 2020
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Coursera, Inc. announced that it will receive $129,999,986 in funding on July 7, 2020. The company will issue series F preferred stock and series F-1 preferred stock in the transaction. The preferred stocks are convertible into common stock.
Minimum investment accepted from any outside investor is $1.
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.