Headquarters
San Francisco, CAFounded
2010CEO / Founder
Hugo SarrazinEmployees
1001-5000Funding
Acquired — $293MStock
UDMYProducts
1 product listedAvg. AI Score
7.8/10Website
udemy.com/Profile updated
Udemy was founded in 2010 by Eren Bali, Oktay Caglar, and Gagan Biyani, and is headquartered in San Francisco, California. The company operates an online marketplace that allows independent instructors to create and sell courses, and also offers Udemy Business, a subscription platform for corporate training and workforce development.
The platform hosts courses covering software development, IT certifications, business skills, data science, and creative subjects, with content available in multiple languages. Udemy Business serves corporate clients seeking employee upskilling and reskilling programs, competing with providers such as Coursera, LinkedIn Learning, and Pluralsight.
Udemy went public on the Nasdaq in November 2021 under the ticker UDMY. Prior to its IPO, the company raised funding from investors including Insight Partners, Norwest Venture Partners, and Naspers. The company has made acquisitions over the years, including CoachHub-style corporate learning tools and content platforms to expand its enterprise offering.
Dated, source-cited figures. Estimates are marked.
All products by Udemy reviewed by our AI panel of experts.
Six independent reviewer personalities assessed Udemy's product on their own terms. They landed within 0.8 points of each other, an unusually strong consensus.
Averaged across 1 reviewed product in our catalog. Scores are out of 10.
Who Udemy competes with, and how they differ.
Bundled into LinkedIn Premium and Microsoft enterprise seat licenses rather than sold per course, and leans on LinkedIn's professional-network data for recommendations, versus Udemy's open marketplace of independently priced instructor courses.
1 product reviewed on TopReviewedA flat monthly/annual subscription with no individual course purchases, skewed toward creative and hobbyist skills rather than Udemy's broader technical, business, and IT catalog.
1 product reviewed on TopReviewedBuilt on university and institutional partnerships (Harvard- and MIT-founded) offering accredited certificates and degree pathways, versus Udemy's open instructor marketplace with no accreditation requirement.
1 product reviewed on TopReviewedNarrower catalog centered on tech "Nanodegree" programs with mentor-graded projects and per-program subscription pricing, competing mainly for Udemy's programming and data-science course buyers rather than its full catalog.
1 product reviewed on TopReviewedAn enterprise LMS software vendor, not a course marketplace — companies license Docebo to host their own training content, competing with Udemy Business for corporate L&D software budget rather than for course content.
1 product reviewed on TopReviewedKey milestones in Udemy's history, with sources.
CEO Hugo Sarrazin departs for Avalara
Hugo Sarrazin, who led Udemy through its AI-reskilling pivot and the Coursera merger, left to become CEO of Avalara, effective May 29, 2026.
finance.yahoo.comCoursera completes acquisition of Udemy
Coursera closed its all-stock merger with Udemy, converting each Udemy share into 0.800 Coursera shares; Udemy became a wholly owned subsidiary and filed to deregister its stock and delist from Nasdaq shortly after.
sec.govCoursera agrees to acquire Udemy in all-stock merger
Coursera and Udemy signed a definitive merger agreement under which Udemy stockholders receive 0.800 Coursera shares per Udemy share (a 26% premium to the 30-day average); the deal implied a combined-company equity value of approximately $2.5 billion, with existing Coursera holders retaining about 59% and Udemy holders about 41%.
sec.govHugo Sarrazin appointed Chief Executive Officer
Udemy named Hugo Sarrazin, formerly President and Chief Product & Technology Officer at UKG and a 26-year McKinsey veteran, as CEO, succeeding Greg Brown.
au.investing.comCo-founder Eren Bali returns as Chief Technology Officer
Eren Bali, Udemy's co-founder and CEO until 2014, rejoined the executive team as CTO, stepping down from the board and succeeding Venu Venugopal, to lead engineering, data and technical program management.
investing.comIPO on Nasdaq (UDMY) — $420.5 million raised
Udemy priced its IPO at $29.00 per share, selling 14.5 million shares to raise $420.5 million in gross proceeds, and began trading on the Nasdaq Global Select Market under ticker UDMY.
sec.govSeries F preferred stock financing — approximately $80.8 million
Udemy closed a Series F preferred stock round (3.35 million shares at $24.13/share, ~$80.8 million liquidation value) during 2020, its final private financing round before going public, per its 2021 IPO prospectus.
sec.govNaspers invests $60 million
South African internet and media group Naspers invested $60 million in the online-learning company to help it expand its global reach.
uk.news.yahoo.comSeries C preferred stock financing — $32.0 million
Udemy raised a Series C round with a liquidation value of $32.0 million (16.2 million shares at $1.98/share), per the preferred-stock table in its 2021 IPO prospectus.
sec.govSeries B preferred stock financing — $12.3 million
Udemy raised a Series B preferred stock round with a liquidation value of $12.3 million; its IPO prospectus cites a Series B-related ownership change in November 2012.
sec.govSeries A / A-1 preferred stock financing — approximately $5.0 million
Udemy raised Series A and Series A-1 preferred stock, together worth roughly $5.0 million in liquidation value; its IPO prospectus notes an ownership change tied to the Series A-1 issuance in September 2011.
sec.govFounded by Eren Bali, Oktay Caglar, and Gagan Biyani
Eren Bali co-founded Udemy in January 2010 with Oktay Caglar and Gagan Biyani as an online marketplace for instructor-created video courses, after raising initial seed funding.
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