About Learn Capital
Learn Capital is a venture capital firm founded in 2009. It is primarily based out of San Mateo, United States. As of Aug 2024, Learn Capital has invested in 85 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from EdTech to Enterprise Applications and Consumer. Most recently it participated in the $***** Unattributed round of Feeling Great Overall, Learn Capital portfolio has seen 5 unicorns, 3 IPOs and 18 acquisitions including key companies like Udemy, Coursera and ClassDojo. A lot of funds co-invest with Learn Capital, with names like Kapor Capital sharing a substantial percentage of its portfolio. Learn Capital has team of 16 people including 6 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 4 more
Portfolio Acquisitions
Learn Capital's List of Top Investments
Learn Capital has a portfolio of 85 companies, including 5 unicorns. Their most notable investments are in LearnZillion and Higher Ground Education.Their portfolio spans across United States, Bangladesh, India and 7 more locations. They have invested in EdTech, Enterprise Applications, Consumer and 13 other sectors, across stages such as Seed, Series A and 4 more. Here is the list of top investments by Learn Capital:1. Udemy
Provider of a marketplace offering online courses. It offers courses in various disciplines such as business, IT and software, photography, marketing, music, finance, and more. The courses can be taken at any pace and the course content can be created by instructors according to their choice. It also offers corporate online learning platform, that provides training solutions to corporates. Its mobile app is available for android and iOS devices.
Key facts about Udemy
- Founded Year: 2010
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $274M
- Employee Count: 9,135 as on Sep 30, 2026
- Investors: Founders Circle Capital, Harmony Venture Partners and 68 Others
- Latest Funding Round: Series F, Nov 18, 2020, $*****
- Highlight: Public
2. Coursera
Provider of online courses, professional certificates, and degree programs. The platform collaborates with universities and companies to deliver educational content. It offers opportunities for individuals to learn new skills and advance their careers. The platform provides learning resources for businesses to train their workforce.
Key facts about Coursera
- Founded Year: 2012
- Location: Mountain View (United States)
- Stage: Public
- Total Funding till date: $443M
- Employee Count: 6,667 as on Sep 30, 2026
- Investors: HTIF, Sprout Capital Partners and 49 Others
- Latest Funding Round: Series F, Jul 17, 2020, $*****
- Highlight: Public
3. ClassDojo
Classroom behaviour feedback platform used by teachers and students. The platform allows teachers to give students real-time feedback. The platform engages parents and students to improve behaviour at home as well. The platform can run on an interactive whiteboard, a computer connected to a projector or on a smartphone, tablet. The tool offers behaviour-tracking analytics and reports that can be shared with parents and administrators. Teachers can message parents and keep them informed about students' progress. Its mobile app is available for Android, iOS, and web devices.
Key facts about ClassDojo
- Founded Year: 2011
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $221M
- Employee Count: 521 as on Sep 30, 2026
- Investors: Adams Street Partners, RAA Capital and 44 Others
- Latest Funding Round: Series D, Mar 04, 2024, $*****
- Highlight: Editors' Pick
4. Shikho
Provider of digital learning resources for academic and admission preparation. This platform offers live and recorded video lessons, animated educational content, and practice assessments. It provides study materials and analytical tools to support curriculum-based learning and test preparation. The system facilitates access to instructional content and performance tracking for students.
Key facts about Shikho
- Founded Year: 2019
- Location: Dhaka (Bangladesh)
- Stage: Series A
- Total Funding till date: $8M
- Employee Count: 516 as on Sep 30, 2026
- Investors: Goodwater Capital, Learn Capital and 18 Others
- Latest Funding Round: Series A, May 07, 2025, $*****
- Highlight: Editors' Pick
5. Amplify
Provider of learning management solutions for schools. It offers tutoring models to help schools and districts meet student needs. It also offers resources in Math, Literacy, Science, Research, and many more.
Key facts about Amplify
- Founded Year: 2000
- Location: Brooklyn (United States)
- Annual Revenue: £0 - £1M as on Nov 30, 2022
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $215M
- Employee Count: 3,102 as on Sep 30, 2026
- Investors: Emerson Collective, Learn Capital and 7 Others
- Latest Funding Round: Series C, May 23, 2023, $*****
- Highlight: Editors' Pick
Learn Capital's Year-on-Year Investment Trends
Learn Capital has invested in 85 companies over the last 17 years, with an average of 3 new investments annually in the last 10 years. Its most recent first time investment was in Feeling Great and most recent follow-on round was in Modal.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 5 | 1 | 6 |
2023 | 2 | 0 | 2 |
2022 | 5 | 0 | 5 |
2021 | 9 | 5 | 14 |
2020 | 1 | 4 | 5 |
2019 | 1 | 2 | 3 |
2018 | 3 | 0 | 3 |
2017 | 4 | 3 | 7 |
Learn Capital's Investments by Stage
Learn Capital has made 27 investments in Seed stage with an average round size of $3.33M, 15 investments in Series A stage with an average round size of $8.09M and 12 investments in Series B stage with an average round size of $27.3M.Stage of entry | No. of Investments |
|---|---|
Seed | 27 |
Series A | 15 |
Series B | 12 |
Series C | 3 |
Series D | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Learn Capital's Investments by Sector
Learn Capital has a diverse portfolio, with companies operating in the EdTech, Enterprise Applications, Consumer, Vertical SaaS and High Tech. Notably, it has invested in 75 Tech companies, 55 Consumer (B2C) companies, 39 Enterprise (B2B) companies and at least 37 companies focusing on Software.Sector | No. of Investments |
|---|---|
EdTech | 38 |
Enterprise Applications | 19 |
Consumer | 15 |
Vertical SaaS | 7 |
High Tech | 5 |
Others | 25 |
Note: We have considered here, only first round of investments
Learn Capital's Investments by Geography
Learn Capital has made most investments in United States (52), followed by Bangladesh where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 52 |
Bangladesh | 1 |
India | 1 |
Israel | 1 |
Japan | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Learn Capital's recent investments
Learn Capital has not made any investment in 2026 so far.Here are the most recent investments by Learn Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 08, 2024 | United States | Unattributed | 6555 | [+4] | |
Jul 23, 2024 | Israel | Seed | 3425 | [+13] | |
Jun 24, 2024 | United States | Series C | 6753 | - | |
Apr 11, 2024 | United States | Seed | 6196 | - | |
Apr 02, 2024 | United States | Series A | 1972 | [+2] |
Unicorns in Learn Capital's Portfolio
Learn Capital has 5 unicorns in its portfolio - Sakana, ClassDojo, Andela and others. The most recent unicorn in their portfolio is Sakana. It became a unicorn in 2024.Here is a list of unicorns in Learn Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
73 | Provider of AI research laboratory services | 2023 | Tokyo | Series B | jhqrquu | ||
79 | Classroom behaviour feedback platform used by teachers and students | 2011 | San Francisco | Series D | xsfnwid | ||
69 | Tech talent training and employment solutions provider | 2014 | New York City | Series E | z{taueg | ||
61 | App-based platform offering multi-disciplinary platform | 2015 | San Francisco | Series D | uypeylt | ||
66 | Online tutoring platform for kids providing language learning sessions | 2013 | San Francisco | Series E | zkusofq |
IPOs and Publicly Listed companies in Learn Capital's Portfolio
3 of Learn Capital's portfolio companies have become public. Udemy got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Oct 2021 at marketcap of $3.99B and Coursera got listed on the New York Stock Exchange (NYSE) at marketcap of $4.3B.Here are Learn Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 29, 2021 | Dec 07, 2012 | Series B | 3612 | |
Mar 31, 2021 | Jul 10, 2013 | Series B | 4296 | |
Nov 27, 2020 | - | - | 3601 |
Acquired companies in Learn Capital's Portfolio
18 companies from Learn Capital's portfolio have been acquired. The most recent acquisition was Edunav in Mar 2024 by Ellucian for $*****.Here are Learn Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 04, 2024 | Apr 11, 2016 | Series A | 8920 | |
Nov 22, 2022 | Jan 17, 2013 | Seed | 9759 | |
Oct 03, 2022 | - | - | 3916 | |
May 01, 2022 | Nov 06, 2018 | Series A | 3112 | |
Oct 13, 2021 | - | - | 3844 |
Team profile of Learn Capital
Learn Capital has a team of 16 members including 6 Partners and 3 Venture Partners located in United States and United Arab Emirates. Learn Capital's team does not sit on the board of any company as of now.Here is a list of top team members in Learn Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | ||
Partner | San Mateo | - | - | |
Partner | San Francisco | - | ||
Partner | Denver | - | ||
Partner | Santa Monica | - | ||
Partner | New York City | - | ||
Venture Partner | - | - | ||
Venture Partner | Dubai | - | ||
Venture Partner | United States | - |
Co-investors of Learn Capital
Over the past 17 years, 465 investors have co-invested in Learn Capital's portfolio companies. This includes funds and angels.
- Invested before Learn Capital: Y Combinator, Imagine K12 and 105 others have invested in rounds before Learn Capital. There are 8 companies where Y Combinator has invested before Learn Capital and 3 companies where Imagine K12 has invested before Learn Capital.
- Top Co-investors of Learn Capital: 207 investors entered a company along with Learn Capital. These include investors like Kapor Capital (6 companies).
- Invested after Learn Capital: A total of 151 investors have invested in Learn Capital's portfolio after their investments. Top Investors include Reach Capital (5 companies), Prosus (3 companies) and Tencent (3 companies).
Recent News related to Learn Capital
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“Feeling Great: AI-Powered Mental Health App Raises $8M in Funding and Launches Today”Global Village Space•Aug 08, 2024•Feeling Great, Learn Capital, TitletownTech, Lux Capital and 3 others
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OurRitual Raises $5.2M in Seed FundingFinSMEs•Jul 24, 2024•OurRitual, Venrex, FJ Labs, Active Partners and 8 others
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Emergence Raises $97M for Agent-based System to Automate Tasks with Generative AIGlobal Village Space•Jun 24, 2024•Emergence AI, Learn Capital
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Modal: Skills Development Platform Company Raises $25 MillionPulse 2.0•Apr 06, 2024•Modal, Left Lane Capital, Ensemble, SignalFire and 2 others
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Innventure LLC and Learn CW Investment Corporation Announce Filing of Registration Statement on Form S-4 in Connection With Proposed Business CombinationBusiness Wire•Jan 29, 2024•Innventure, Learn CW Investment, Learn Capital, AeroFlexx and 1 other
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Amplify Raises Series C FundingFinSMEs•May 24, 2023•Amplify, Cox Enterprises, Emerson Collective, Learn Capital and 1 other
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U.S.A-based Millie raises USD 4 million in seed roundVcbay News•Sep 10, 2022•Millie Clinic, TMV, BBG Ventures, venn growth partners and 3 others
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Millie Raises $4M in Seed FundingFinSMEs•Sep 09, 2022•Millie Clinic, TMV, BBG Ventures, venn growth partners and 3 others
