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Winter Capital joins Learn Capital in Udemy Series F Investment Round

March 24, 2021 – Winter Capital expanded its edtech portfolio in Q4 of 2020 by joining in the Series F investment round for Udemy alongside Learn Capital and other notable firms. Udemy is the largest global marketplace for learning and teaching online. The capital raised will enable the company to continue growing its consumer and business product offerings to serve the world’s students, organizations, and instructors.
Education technology (EdTech) is among Winter Capital’s key investment verticals. Last year, the firm acquired a share in SkyEng, one of Europe’s largest online education platforms. Earlier this year, Winter Capital also invested in the international school of mathematics and programming Algorithmics. The funds plan to continue investing in the global education market, which is projected to grow rapidly from its current estimated value of $10 trillion.

About Udemy

With a mission to improve lives through learning, Udemy is the world’s largest online learning destination that helps individuals, businesses, and governments gain the skills they need to compete in today’s economy. Thirty-five million students are mastering new skills from 57,000 expert instructors teaching over 130,000 online courses in topics from programming and data science to leadership and team building. For companies, Udemy for Business offers an employee training and development platform with subscription access to 7,000 courses, learning analytics, as well as the ability to host and distribute their own content. Udemy for Government is designed to upskill workers and prepare them for the jobs of tomorrow. Eighty percent of Fortune 100 companies trust Udemy for employee upskilling. Udemy is privately held and headquartered in San Francisco with offices in Denver, Brazil, India, Ireland, and Turkey.

About Winter Capital Partners (WCP) Investment Funds

With total assets under management exceeding $1 billion, Winter Capital Partners (WCP) investment funds focus on private equity and venture capital investments globally. The funds invest in fast-growing companies in a range of industries: from healthcare to education, financial and consumer services, as well as technology.