Udacity, Inc.

Udacity, Inc.
Udacity, Inc.
  • Headquarters

    Mountain View, CA
  • Founded

    2011
  • CEO / Founder

    Kai Roemmelt
  • Employees

    501-1000
  • Funding

    Acquired — $160M
  • Products

    1 product listed
  • Avg. AI Score

    7.7/10

Profile updated

Products
1
Avg AI Score
7.7/10
Founded
2011
Funding
$300M
About Udacity, Inc.

Udacity, Inc. is a for-profit online education platform headquartered in Mountain View, California, founded in 2011 by Sebastian Thrun, David Stavens, and Mike Sokolsky. The company grew out of a Stanford University computer science course that Thrun and Peter Norvig offered online in 2011, which attracted over 160,000 students. Udacity focuses on professional and technical education, primarily targeting working adults seeking to advance careers in technology.

The company's primary offerings include Nanodegree programs — structured, project-based curricula in fields such as artificial intelligence, machine learning, data science, cloud computing, autonomous systems, and software engineering. Udacity has partnered with companies including Google, Amazon Web Services, and AT&T to develop and co-brand course content. Its programs are designed to align with employer hiring needs, and the company has marketed its credentials to corporate clients for workforce development.

Udacity raised approximately $160 million in venture funding over its history, with investors including Andreessen Horowitz and Drive Capital. The company reached a reported valuation of $1 billion in 2015. After a period of restructuring and workforce reductions in 2023, Accenture acquired Udacity in March 2024 for an undisclosed sum, integrating the platform into Accenture's workforce learning and development offerings.

Specialties
Online EducationNanodegree ProgramsArtificial IntelligenceMachine LearningData ScienceCloud ComputingCorporate Training
Financials

Dated, source-cited figures. Estimates are marked.

Valuationest.
$1B
fortune.com
Total Raisedest.
$300M
techcrunch.com
Total Raised over time
$163M(November 2015, est.)$300M(Mar 5, 2024, est.)
Products by Udacity, Inc.

All products by Udacity, Inc. reviewed by our AI panel of experts.

How Our Review Panel Scores Udacity, Inc.

Six independent reviewer personalities assessed Udacity, Inc.'s product on their own terms. They landed within 0.6 points of each other, an unusually strong consensus.

The Domain Strategist
8.0
The Domain Practitioner
8.0
The Power User
8.0
The Decision Maker
7.5
The Skeptic
7.5
The Finance Lead
7.4

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Udacity, Inc. competes with, and how they differ.

Coursera logo
Coursera7.7/10

Coursera partners with universities and employers (Google, IBM, Meta) to sell accredited Professional Certificates and degrees on a Coursera Plus subscription (~$399/year) or per-course basis -- the same career-credentialing buyer as Udacity's Nanodegrees, but through partner-branded curricula rather than Udacity's own courseware and live project review.

1 product reviewed on TopReviewed
e
edX7.3/10

edX (now under 2U, post-2024 restructuring) sells university-branded MicroMasters and Professional Certificate programs aimed at the same career-upskilling buyer as Udacity's Nanodegrees, but leans on partner-university credentialing rather than Udacity's own curriculum and mentor-graded projects.

1 product reviewed on TopReviewed
U
Udemy7.8/10

Udemy is a pay-per-course marketplace (most courses $12.99-$199.99, frequently discounted) of thousands of independent instructors teaching job and technical skills -- competing for the same "learn a tech skill online" spend as Udacity, but on volume and price rather than Udacity's curated, mentor-reviewed Nanodegree programs.

1 product reviewed on TopReviewed
Codecademy logo
Codecademy7.7/10

Codecademy sells self-paced coding career paths (web development, data science, ML engineering) at a lower subscription price than Udacity's Nanodegrees, without Udacity's live human mentor project review or capstone grading.

1 product reviewed on TopReviewed
DataCamp logo
DataCamp8.1/10

DataCamp targets in-browser, code-first skill-building (Python, R, SQL, Power BI) on a subscription model with drip-fed exercises, overlapping specifically with Udacity's Data Analyst and Data Scientist Nanodegree tracks but skipping Udacity's live mentor review.

1 product reviewed on TopReviewed
Maven Analytics logo
Maven Analytics7.6/10

Maven Analytics sells individual, project-based, one-time-purchase data/BI courses (Excel through Python); Maven's own competitive positioning already names Udacity's multi-month, mentor-supported Nanodegree tracks as the heavier, pricier alternative to its self-paced catalog.

1 product reviewed on TopReviewed
Company Timeline

Key milestones in Udacity, Inc.'s history, with sources.

  1. Acquisition

    Accenture completes acquisition of Udacity

    Accenture confirmed it had completed the purchase of Udacity, adding more than 230 people and Udacity's network of 1,400+ experts and its library of proprietary tech/AI courses to Accenture's LearnVantage enterprise-upskilling business.

    newsroom.accenture.com
  2. Acquisition

    Accenture announces plan to acquire Udacity

    Accenture said it would acquire Udacity to build out its AI-focused "LearnVantage" enterprise learning platform, alongside a separate $1 billion, three-year LearnVantage investment; the price of the Udacity deal itself was not disclosed.

    techcrunch.com
  3. Funding

    Series D — $105M led by Bertelsmann at $1B valuation

    Bertelsmann led a $105 million round joined by Baillie Gifford, Emerson Collective and Google Ventures alongside return backers Andreessen Horowitz, Charles River Ventures and Drive Capital; done at a $1 billion post-money valuation and bringing Udacity's total funding to $163 million, its first unicorn valuation.

    fortune.com
  4. Milestone

    Pivots from free MOOCs to vocational "Nanodegree" programs

    After a Udacity/San Jose State University remedial-algebra pilot saw only a small fraction of enrollees pass, Sebastian Thrun said the free-MOOC model was "a lousy product" and redirected the company toward paid, vocational skills training that became the Nanodegree line.

    slate.com
  5. Funding

    Series B — $15M led by Andreessen Horowitz

    Andreessen Horowitz led a $15 million round joined by existing investors Charles River Ventures and Steve Blank, bringing Udacity's total outside funding to $21.1 million; the company had over 753,000 students enrolled at the time.

    techcrunch.com
  6. Founded

    Founded by Sebastian Thrun, David Stavens and Mike Sokolsky

    Launched as a for-profit continuation of the free Stanford "Introduction to Artificial Intelligence" course Thrun and Peter Norvig had taught online, which drew 160,000 signups from 190 countries.

    venturebeat.com

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