Udemy
#25 on Setter30 Most recent: Q3 2021Udemy is a global online learning marketplace offering a curated catalog of courses across diverse subjects, taught by expert instructors. The platform enables millions of learners to access skills development through self-paced video courses, serving both consumer and enterprise markets.
Public Company
Udemy is publicly traded
IPO'd on Oct 29, 2021
This company is no longer available on our private secondary market. Shares can be traded publicly under UDMY.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2010
Employees
1,300–1,500
Total Funding
$213M
7 rounds
Last Private Valuation
$3.32B
Nov 18, 2020
Secondary Signals (Note: SetterVC does not verify the accuracy of these)
2 signalsDeparted as Udemy CEO for Avalara's CEO role after ~15 months; no successor named.
Leadership vacuum at Udemy post-merger; governance now sits with Coursera.
Completed all-stock merger folding Udemy into Coursera; UDMY delisted from Nasdaq.
Udemy equity converted to COUR stock; no independent secondary market remains.
Setter30 Ranking
Funding
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $213M across 7 rounds
Last updated 09-20-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Nov 18, 2020 | Series F | $50M | $3.32B | Tencent |
| Feb 2020 | Series E | $50M | $2B | Naspers / Learn Capital |
| Jun 2015 | Series D | $65M | — | Stripes |
Valuation Trajectory
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Series E
$2B
Feb 2020
Udemy today
$3.3B
Nov 2020 · latest mark
Udemy multiple
1.7x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Leadership
Hugo Sarrazin
Chief Executive Officer
Eren Bali
Co-Founder
Oktay Caglar
Co-Founder
Gagan Biyani
Co-Founder
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Coursera
University-partnered online learning platform offering structured courses and professional certificates.
LinkedIn Learning
Professional skills development platform integrated with LinkedIn career profiles.
edX
University-backed online learning platform founded by Harvard and MIT with accredited courses.
Pluralsight
Technology-focused skills intelligence platform for software development and IT teams.
Skillshare
Creative skills marketplace offering classes in design, technology, and entrepreneurship.
MasterClass
Subscription-based platform featuring courses taught by world-renowned experts and celebrities.
Udemy Investment FAQ
Udemy FAQ
Yes, Udemy is publicly traded under the ticker symbol UDMY on the NASDAQ. The company went public in Oct 29, 2021.
Udemy trades under the ticker symbol UDMY on the NASDAQ. It began trading in Oct 29, 2021.
Udemy (UDMY on the NASDAQ) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker UDMY to place an order.
Udemy went public in Oct 29, 2021 via ipo, with an offering valuation of approximately $3.32B. Udemy went public on NASDAQ (UDMY) on October 29, 2021 at $29 per share, raising $420.5M. The company is a publicly traded marketplace for online courses with recurring revenue models.
Udemy raised $213M across 7 disclosed funding rounds prior to its public listing.
Udemy was co-founded by Eren Bali, Oktay Caglar, and Gagan Biyani in 2010.
Udemy is headquartered in San Francisco, CA.
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