Udacity - About the company
Udacity is an acquired company based in Mountain View (United States), founded in 2011 by Sebastian Thrun, David Stavens and Mike Sokolsky. It operates as a Provider of professional development courses platform. Udacity has raised $238M in funding from investors like Andreessen Horowitz, CRV and Bertelsmann, with last known valuation of $1B. The company has 1825 active competitors, including 56 funded and 44 that have exited. Its top competitors include companies like Coursera, Pluralsight and Codecademy.
Sectors and market segments that Udacity operate in
Udacity serves in the EdTech market segments.The primary business model of Udacity is:Company Details
Udacity provides a professional development course platform. It offers open online courses mainly focusing on professional development courses on software development with streams in front-end web, full-stack web, iOS development, etc. The platform offers its solutions for individuals, enterprises, and governments. Its students are assigned homework that follows learning by doing model. Its "Nano-Degree" programs are developed in collaboration with Google, Nvidia, Microsoft, Autodesk, Cadence Design Systems, and Wolfram Research. It works on a freemium model.
- Website
- www.udacity.com/
- Email ID
- *****@udacity.com, *****@udacity.com
- Phone Number
- +1 **********
- Registered Address
- Mountain View, California
Key Metrics
Founded Year
2011
Location
Mountain View, United States
Stage
Acquired
Total Funding
$238M in 5 rounds
Latest Funding Round
Last Known Valuation
$1B as on Nov 03, 2020
Investors
Ranked
8th among 1825 active competitors
Employee Count
276 as on Dec 31, 2020
Exit Details
Acquired by Accenture (Mar 05, 2024)
Legal entities associated with Udacity
Udacity is associated with 5 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Udacity GmbH CIN: HRB184146 , Germany, Active | Feb 15, 2017 | - | 5 (As on Dec 31, 2020) | |
UDACITY INDIA PRIVATE LIMITED CIN: U72900DL2015PTC337213 , India, Active | Oct 27, 2015 | $1.64M (As on Mar 31, 2025) | 27 (As on Aug 01, 2025) | |
UDACITY CIN: 452674088 , United States, Active | Dec 31, 2010 | - | 134 (As on Dec 31, 2024) | - |
Udacity Asia Pacific Holdings Pte. Ltd CIN: 201528634W , Singapore, Active | Jul 09, 2015 | - | - | |
UDACITY, INC. CIN: 001t000000htfNXAAY , United States, Active | Oct 05, 2021 | - | - | - |
Udacity's acquisition details
Udacity got acquired by Accenture on Mar 05, 2024.
Click here to take a look at Udacity's acquisition in detail
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Udacity's funding and investors
Udacity has raised a total funding of $238M over 5 rounds. Its first funding round was on Apr 12, 2011. Its latest funding round was a Conventional Debt round on Nov 03, 2020 for $75M. 1 investor participated in its latest round. Udacity has 27 institutional investors.
Here is the list of recent funding rounds of Udacity:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 03, 2020 | $75M | Conventional Debt | - | - | - | |
Nov 11, 2015 | $105M | Series D | $1B | - | ||
Sep 24, 2014 | $35M | Series C | - | - |
View details of Udacity's funding rounds and investors
Udacity's founders and board of directors
Founder? Claim ProfileThe founders of Udacity are Sebastian Thrun, David Stavens and Mike Sokolsky. Kai Roemmelt is the CEO of Udacity.
Here are the details of Udacity's key team members:
- Sebastian Thrun: Former Co-Founder of Udacity and founder of 3 other companies, Cresta, Waymo and Crossing Minds. They are also an angel investor in 2 startups and serve on the boards of 2 companies.
- David Stavens: Former Co-Founder of Udacity and founder of 1 other company.
- Mike Sokolsky: Former Co-Founder of Udacity.
Udacity's Board of Directors
Udacity's board has 3 active members. Dana Coryell Bennett, Derrick John Alesevich and Tan Seng Kiat are independent board members.Here is the list of Udacity's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Past | 0y 9m | |
Team | - | Past | 0y 9m | |
Independent board member | - | Current | 4y 8m | |
Independent board member | - | Current | 4y 4m | |
Independent board member | - | Current | 4y 8m | |
Independent board member | - | Past | 3y 11m | |
Independent board member | - | Past | 3y 10m | |
Independent board member | - | Past | 3y 8m | |
Independent board member | - | Past | 5y 11m | |
Independent board member | - | Past | 1y 6m | |
Independent board member | - | Past | 1y 9m |
View details of Udacity's Founder profiles and Board Members
Udacity's employee count trend
Udacity has 276 employees as of Dec 20. The total employee count is 25.0% more than what it was in Dec 19. Here is Udacity's employee count trend over the years:
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Udacity's Competitors and alternates
Top competitors of Udacity include Coursera, Pluralsight and Codecademy. Here is the list of Top 10 competitors of Udacity, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Coursera 2012, Mountain View (United States), Public | Provider of online courses, professional certificates, and degree programs | $443M | 85/100 | |
2nd | Pluralsight 2004, Farmington (United States), Acquired | Provider of online courses, learning paths, and skill development resources | $235M | 79/100 | |
3rd | Codecademy 2011, New York City (United States), Acquired | Provider of online platform offering coding and technical skill development | $87.5M | 72/100 | |
4th | HackerRank 2009, Mountain View (United States), Series D | Provider of a platform for technical skill development and assessment | $115M | 68/100 | |
5th | Provider of intensive software development training programs | $35.8M | 68/100 | ||
6th | Springboard 2013, San Francisco (United States), Series B | Online courses and online workshops along with one-on-one mentorship from industry experts | $69.3M | 66/100 | |
7th | New Horizons 1982, Conshohocken (United States), Acquired | IT and technology training solutions for team optimization and career development | $6M | 66/100 | |
8th | Udacity 2011, Mountain View (United States), Acquired | Provider of professional development courses platform | $238M | 75/100 | |
9th | Cybrary 2015, Greenbelt (United States), Series C | Cybersecurity training platform empowering professionals and teams to reduce business risk | $52.2M | 65/100 | |
10th | INE 2003, Durham (United States), Funding Raised | Technical training for the IT Industry | - | 61/100 |
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Udacity's Investments and acquisitions
Udacity has made no investments or acquisitions yet.
News related to Udacity
Media has covered Udacity for 1 event in last 1 year, It was about company updates.
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FPT Software's Multi-Million Dollar Investment in Employee Learning and DevelopmentBusiness Wire India•Oct 17, 2024•FPT Software, MILA, Udacity, Coursera and 2 others
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Accenture launches learning platform; to acquire edtech UdacityBusiness Line•Mar 06, 2024•Accenture, Udacity, Cohere
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Udacity Launches GenAI Nanodegree Programme to Offer Professionals With Essential SkillsEdTechReview•Jan 18, 2024•Udacity
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