Who invested in Udacity

5 rounds we have observed, with the 14 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Funding summaryUpdated 26 Oct 2026

$165Mraised across 5 rounds since 2012, from 5 sources

$5.0MSeries A$15MSeries B$35MSeries C$105MSeries D$5.0MVenture

Latest round: Venture, $5.0MAug 2021
Biggest round: $105MSeries D · Nov 2015
Investors: 14

See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20122014201620182020

$5.0MSeries A$15MSeries B$35MSeries C$105MSeries D$5.0MVenture

First round: Series A, $5.0M
Biggest round: $105M
Usual gap between rounds: 23 months

The rounds

Aug 2021
Venture$5.0M1 new4 returning
Source recorded
Nov 2015
Series D$105M3 new3 returning
From a historical funding record
Sept 2014
Series C$35M7 new2 returning
- Andreessen Horowitz
- CRV
- Drive Capital
- Valor Capital Group
- Bertelsmann
- Recruit Holdings
- Cox Enterprises
- George Zachary
- Peter Levine
From a historical funding record
Oct 2012
Series B$15M2 new1 returning
Reported by techcrunch.com
Jan 2012
Series A$5.0M1 new
- CRV
Reported by fastcoexist.com

Founders and team

From Udacity's own website: 1 on the team.

Stanley Ze YaMSc in AI Student | Director/Principal Product Owner

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Series A2012Series B2012Series C2014Series D2015Venture2021

Hercules CapitalBaillie Gifford

Emerson Collective

Recruit Holdings

Everyone who backed them

Andreessen HorowitzVC firm4rounds

CRVVC firm4rounds

Drive CapitalVC firm3rounds

Valor Capital GroupVC firm2rounds

BertelsmannCorporate VC2rounds

Google VenturesCorporate VC1round

Hercules CapitalVenture debt1round

Baillie GiffordAsset manager1round

Emerson CollectiveFamily office1round

Recruit HoldingsGrowth equity1round

Cox EnterprisesVC firm1round

Steve BlankAngel1round

George ZacharyAngel1round

Peter Levineno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 4 firms list Udacity as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.