United States · Series D startup

Who invested in Udemy

6 rounds we have observed, with the 27 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.

HR Tech

Funding summaryUpdated 26 Oct 2026

$173Mraised across 6 rounds since 2010, from 6 sources

$1.0MSeed$3.0MSeries A$12MSeries B$32MSeries C$65MSeries D$60MRound
Latest round
Round, $60MFeb 2016
Led by
Naspers
Biggest round
$65MSeries D · Jun 2015
Investors
27 (1 led)
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.

201120122013201420152016
$1.0MSeed$3.0MSeries A$12MSeries B$32MSeries C$65MSeries D$60MRound
First round
Seed, $1.0M
Aug 2010
Biggest round
$65M
Series D · Jun 2015
Usual gap between rounds
13 months
the median of 5

The rounds

  1. Feb 2016
  2. Jun 2015
    Series D$65M1 new2 returning

    From a historical funding record

  3. May 2014
    Series C$32M1 new2 returning

    From a historical funding recordSEC filing: $29M sold, first sale Apr 2014

  4. Dec 2012
  5. Oct 2011
    Series A$3.0M1 new2 returning

    Reported by techcrunch.com

  6. Aug 2010

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.

Everyone who backed them

MHS CapitalVC firm5rounds
Insight PartnersVC firm4rounds
500 GlobalAngel3rounds
LightbankVC firm3rounds
Naval RavikantVC firm2rounds
Learn CapitalVC firm2rounds
Keith RaboisVC firm2rounds
StripesPrivate equity2rounds
Jeremy StoppelmanAngel2rounds
Paul Martinono record of our own yet2rounds
NaspersVC firm1round, led 1
Founder InstituteAccelerator1round
Bling CapitalVC firm1round
Bullpen CapitalVC firm1round
Ben LingAngel1round
DG IncubationAccelerator1round
Joshua StylmanVC firm1round
Larry BraitmanVC firm1round
Russ FradinAngel1round
Dan MartellAngel1round
Denis GroszAngel1round
Darian ShiraziVC firm1round
Joshua Stylmanno record of our own yet1round
Lawrence Braitmanno record of our own yet1round
Richard Thompsonno record of our own yet1round

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

Also claim to have backed them

These 13 firms list Udemy 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.

Left Lane CapitalVC firmPer its own site
CatamaranPrivate equityPer its own site
Brad KeywellAngelPer its own site
1802 VenturesVC firmPer its own site
3SPOKEPrivate creditPer its own site
Acadia VenturesVC firmPer its own site
BeofundMicro VCPer its own site
GPI Global Partners InvestmentsInvestment firmPer its own site
Golden Falcon CapitalVC firmPer its own site
ShoeMoney Media GroupVC firmPer its own site
Vault InnovationVenture studioPer its own site
Vershina CapitalVC firmPer its own site

Quick answers about Udemy

Who invested in Udemy?

Udemy's investors include MHS Capital, Insight Partners, 500 Global, Norwest Venture Partners and Lightbank, and 22 more on record. Naspers led its latest round.

How much has Udemy raised?

Udemy has raised $173M across 6 rounds since 2010.

When did Udemy last raise?

Udemy's most recent round, $60M, was in Feb 2016, led by Naspers.

What was Udemy's biggest round?

Udemy's largest round on record is $65M (Series D), in Jun 2015.

Who backed Udemy first?

Udemy's first round on record, in Aug 2010, was backed by 500 Global, Naval Ravikant and Keith Rabois and 8 others.

What stage is Udemy at?

Udemy's latest named round is a Series D, in Jun 2015.

Where is Udemy based?

Udemy is based in the United States.

Who led Udemy's rounds?

Naspers led the funding round in 2016.

Companies like Udemy

In the same sector, and raised in the last eighteen months.

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