Welcome to Coursera’s first-ever impact report. Million Investor.coursera.com Related Courses ››. Notable investors into the company include the likes of Kleiner Perkins, New Enterprise Associates, the SEEK Group, Future Fund, World Bank, and many more. [Watch the video below]. Coursera was founded in 2012 with … In 2020, Coursera generated $293 million in revenue, up 59% from the previous year. I figured some personal development in the wellbeing space was a great way to start out 2020. In 2020, Coursera saw $293.5 million in revenue. Development of internet infrastructure. Coursera for Business. SECTION 1 Executive Summary 2020 Impact Report 4. The enterprise revenue for Coursera grew by 47% from 2019 to 2020 and it is the second fastest growing revenue after degree service. Revenue growth is based on : Growth of MOOC industry (37.2% CAGR) Growth of Coursera 2020-2021 increased by 56%. 2020 Impact Report 3. Sandeep Gupta, a ... For degree courses, universities collect 60 percent of the revenue and Coursera 40 percent. According to its IPO, Coursera has “incurred significant net losses since inception and anticipate that we will continue to incur losses for the foreseeable future.” While Coursera’s revenue increased 59% from 2019 to 2020 (from $184 million to $294 million), it has remained unprofitable. Margin Growth. That’s a roughly 59% increase from the year prior when the company recorded $184.4 million in top line. Roughly 30.6 million new users registered for Coursera in 2020, up from 9.2 million new users in 2019. Jeff Maggioncalda, Coursera’s CEO explained, “As a global community of educators, we are honored to be serving institutions and student communities during this crisis.” About Coursera: Coursera delivers top-quality courses Coursera grew from 46 million total registered users in 2019 to 77 million in 2020, boosted from a typical 20% YOY growth to 67% by covid. Even so, the company is not yet profitable, recording a net loss of US$67 million for 2020 (and … Coursera's annual revenues are $100-$500 million (see exact revenue data) and has 100-500 employees. Specifically, in Q1 2021's revenue was $88.4M; in Q1 2020, it was $53.8M. Get the detailed quarterly/annual income statement for Coursera, Inc. (COUR). Its purchased courses are either on a monthly or annual subscription or a one-off payment. We envision a world where. That led to higher costs and a loss of $66.8 million in 2020… But revenue spiked 59% in 2020 over 2019 and its workforce ballooned by 300 staffers to a total headcount of more than 850. 2019 – 2020 Degree segment grew by 97% – this is mainly due to the pandemic – universities were forced to find ways to deliver education to students. Coursera has $180 million in the bank after the last round of funding of $103 million in April, company’s CEO Jeff Maggioncalda revealed during a candid interview with a manager from the European start-up accelerator The Family in Paris. Coursera Inc. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (In thousands, except number of shares and per share amounts) Three Months Ended March 31, 2020 . MOUNTAIN VIEW, Calif., July 28, 2020 /PRNewswire/ -- Udacity, the global online learning platform that trains the world's workforce for the careers of the future, today revealed a … This week, Udacity said its annual recurring revenue grew 260% in the first six months of 2020. As of the end of 2020, the company has over 77 million registered learners on its platform. In summary, here are 10 of our most popular revenue courses. The company report on June 9, 2021 that Coursera Global Skills Report 2021 Finds US Behind in Digital Skills, Ranked 29th Globally. According to the filing, Coursera is looking to raise up to $100 million through its IPO. The company plans to list on the New York Stock Exchange under the symbol “COUR.” Editor’s note: The story has been updated to reflect the number of students served by edX. Coursera spends the equivalent of 36.5 percent of its revenue on sales and marketing -- $107.2 million in 2020, according to the new IPO documents. If all of the 100k active learners paid for at-least one certificate the monthly revenue would be over $5 million. Coursera India has doubled its revenue base to INR 20.25 Cr in the financial year ending in March 2020, compared to INR 9.65 Cr in FY2019. Massively Open Online Course (MOOC): A massively online open course (MOOC) is a learning module or series of modules that are accessible over the internet at … However, the company extended free courses and features throughout the pandemic to gin up traffic. On March 30, Coursera announced that it priced shares at $33, which gave the company a market value of $4.3 billion and a fully diluted valuation for $5.4 billion, according to Bloomberg. Coursera have introduced a new feature in 2020 called Coursera Plus. Universities move online (Degree segment revenue grew by almost 100%) Coursera being a dominant leader in the industry compared to the competitors. Coursera Plus is a new feature in 2020. Coursera revenue for the quarter ending March 31, 2021 was $0.088B, a INF% increase … transform their life through learning. That surprised some industry experts, because the company has not been shy about touting how cheaply it … Its … Coursera's Annual Report & Profile shows critical firmographic facts: What is the company's size? Coursera’s pandemic response has four key components. Gross profit was $49.5 million or 56.1% of revenue, up 71% from $28.9 million a year ago. Since March 26, Udacity says average monthly usage for individuals is up 50%. Coursera's revenue is the ranked 3rd among it's top 10 competitors. 12/31/2019. Total Revenue. Coursera, based in Mountain View, ... May 26, 2020. Over the last two quarters, Coursera's revenue has grown by 64.1%. At the time of writing, the cost is $399. Join Coursera for free and learn online. Based on what I read online and the fact that I’ve decided to embark on a much needed health kick in 2020, I chose Yale University’s The Science of Well-Being.. Coursera revenue was $293.51 m in FY, 2020 which is a 59.2% year over year increase from the previous period. Coursera most recently raised $130 million in a July 2020 funding round, garnering a $2.5 billion valuation, according to PitchBook. Advance your career with degrees, certificates, Specializations, & MOOCs in data science, computer science, business, and dozens of other topics. Included in Coursera Plus are the regular courses, Specializations and Professional Certificates. Coursera reported $293.5 million in revenue in 2020, up 59 percent from $184.4 million in 2019. Revenue growth. The top 10 competitors average 542.6M. Total revenues grew by 60% from 2019 to 2020 to reach nearly US$300 million last year. Financial Highlights for First Quarter Fiscal 2021 Total revenue was $88.4 million, up 64% from $53.8 million a year ago. Under his leadership, Coursera’s consumer business, which sells online courses from 150 institutions to any student willing to pay, is generating the largest share of its revenue. According to its SEC filings, that segment generated $193 million of its $294 million in 2020 revenue. 2021 (in thousands) Revenue $ 53,847 $ 88,362 April 28, 2020, 1.3 million students had gained access under the Initiative. Development of internet infrastructure. Build skills with courses from top universities like Yale, Michigan, Stanford, and leading companies like Google and IBM. “In 2019, large organizations including Mastercard, Southwest Airlines, Adobe, and the NYC Department of Small Business Services initiated or continued partnerships with Coursera for Business to equip employees with the skills of the future,” Coursera said in a press release . Last year, I analyzed the prices of all Coursera certificates and found that the average cost of a Coursera certificate is $56. Coursera Reports First Quarter Fiscal 2021 Financial Results. In 2020, Coursera saw $293.5 million in revenue. That’s a roughly 59% increase from the year prior when the company recorded $184.4 million in top line. During that same period, Coursera posted a net loss of nearly $67 million, up 46% from the previous year’s $46.7 million net deficit. Coursera reported $293.5 million in revenue in 2020, marking a 59 percent increase from the previous year. To get the full experience of Coursera and to write the best Coursera review I could, I decided to take a course. You get unlimited access to over 3000 courses for an annual subscription. Margin Growth. Coursera Inc. [NYSE: COUR] price surged by 2.61 percent to reach at $1.02. That comes from over 77 million registered learners, along with more than 2,000 businesses (including 25 percent of Fortune 500 companies) and 100 government agencies that paid for its enterprise offerings. Coursera Review Verdict. Coursera Funding, Valuation & Revenue. Added more than 12,000 new degree students in 2019 and 2020, at an average acquisition cost of under $2,000, Total registered users grew 65% year-over-year in 2020. Simple solutions for coursera's Algorithmic toolbox assignment questions: Car Fueling, Maximum Advertisement Revenue by Making code simple! Coursera is an online elearning platform offering thousands of courses including specializations and degrees.It works with top Universities and businesses to facilitate its online accredited courses. You can consider this as an “All Access Pass” to Coursera although, not surprisingly, it excludes the MasterTracks and online degrees. Coursera did $293 million in revenue in 2020… Universities move online (Degree segment revenue grew by almost 100%) Coursera being a dominant leader in the industry compared to the competitors. Sales and Marketing expenses as a percentage of annual revenue were 31% in 2019 and 37% in 2020. Degree. Hotel Management: Distribution, Revenue and Demand Management: ESSEC Business SchoolThe Fundamentals of Revenue Management: The Cornerstone of Revenue Strategy: ESSEC Business SchoolPredict Sales Revenue with scikit-learn: Coursera Project Network >> 7 Top Picks for the Post-Pandemic Economy > 7 … Revenue growth. “That’s a hockey stick,” Lurie said. But the real traction comes from enterprises and governments, which make up the majority of Udacity’s revenue. This gives you unlimited access to 3000+ courses, Specializations, and Professional Certificates for $499 per year. Revenue growth is based on : Growth of MOOC industry (37.2% CAGR) Growth of Coursera 2020-2021 increased by 56%. And it keeps expanding overseas. It is classified as operating in the News Syndicates industry. anyone, anywherehas the power to. Coursera, the online learning platform that offers classes taught by instructors at top universities like Stanford and Johns Hopkins, has raised an … Coursera announced yesterday that its enterprise business saw a 100% year-over-year customer growth. Coursera revenue increased from $184.4 million in 2019 to $293.5 million in 2020, a (59.2%) increase. Year-on-year user growth came in at 65%. The Coursera IPO filing provides a clear indication of this growth. Find out the revenue, expenses and profit or loss over the last ... 12/31/2020. Coursera, in which Mr. Gupta and Dr. Davidson enrolled, added 10 million new users from mid-March to mid-May, seven times the pace of new sign-ups in the previous year. Enrollments at edX and Udacity, two smaller education sites, have jumped by similar multiples. Revenue. However, you don’t get access to MasterTrack Certificates on the online degrees. Coursera’s revenue was $184.4 million and $293.5 million for the years ended December 31, 2019 and 2020, respectively, representing annual growth of approximately 59%. Coursera’s revenue and user acquisition rate look promising: In 2020, the company increased revenue to $293.5 million, up 59% year-on-year. 2300 enterprises signed up for Coursera for Business, including 25% of the Fortune 500 companies.According to Coursera’s 2020 Impact Report published in September of this year, the company served 550K enterprise learners.. Pandemic Response & Impact. According to Crunchbase, Coursera has raised a total of $443.1 million in 13 rounds of venture capital funding. Its net loss also grew in that period from $46.7 million in 2019 to $66.8 million in 2020. Coursera Inc. (/ k ər ˈ s ɛ r ə /) is an American massive open online course provider founded in 2012 by Stanford University computer science professors Andrew Ng and Daphne Koller.Coursera works with universities and other organizations to offer online courses, certifications, and …

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