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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.
Social
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Email ID
*****@udacity.com, *****@udacity.com
Phone Number
+1 **********
Part Of
Registered Address
Mountain View, California
Key Metrics
Founded Year
2011
Location
Mountain View, United States
Stage
Acquired
Total Funding
$238M in 5 rounds
Last Known Valuation
$1B as on Nov 03, 2020
Ranked
Employee Count
276 as on Dec 31, 2020
Similar Companies
Exit Details
Acquired by Accenture (Mar 05, 2024)

Udacity's acquisition details

Udacity got acquired by Accenture on Mar 05, 2024.
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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:lockFilter this list
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
-
-
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Udacity's founders and board of directors

Founder? Claim Profile
The 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:

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

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:
Employee count trend for Udacity
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Coursera
Coursera
2012, Mountain View (United States), Public
Provider of online courses, professional certificates, and degree programs
$443M
85/100
2nd
Logo for Pluralsight
Pluralsight
2004, Farmington (United States), Acquired
Provider of online courses, learning paths, and skill development resources
$235M
79/100
3rd
Logo for Codecademy
Codecademy
2011, New York City (United States), Acquired
Provider of online platform offering coding and technical skill development
$87.5M
72/100
4th
Logo for HackerRank
HackerRank
2009, Mountain View (United States), Series D
Provider of a platform for technical skill development and assessment
$115M
68/100
5th
Logo for NxtWave
NxtWave
2020, Hyderabad (India), Series A
Provider of intensive software development training programs
$35.8M
68/100
6th
Logo for Springboard
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
Logo for New Horizons
New Horizons
1982, Conshohocken (United States), Acquired
IT and technology training solutions for team optimization and career development
$6M
66/100
8th
Logo for Udacity
Udacity
2011, Mountain View (United States), Acquired
Provider of professional development courses platform
$238M
75/100
9th
Logo for Cybrary
Cybrary
2015, Greenbelt (United States), Series C
Cybersecurity training platform empowering professionals and teams to reduce business risk
$52.2M
65/100
10th
Logo for INE
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

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Media has covered Udacity for 1 event in last 1 year, It was about company updates.
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