Coursera
Online education technology company
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| September 2021 | In the third quarter, Coursera reported revenue of $109.9 million, a 33% increase from the previous year. The company had a gross profit of $67.7 million and a net loss of $32.5 million. |
| March 2021 | In the first quarter, Coursera reported revenue of $88.4 million, a 64% increase from the previous year, with a net loss of $18.7 million. Consumer revenue was $51.9 million, enterprise revenue was $24.5 million, and degree program revenue was $12 million. |
| March 2021 | Coursera filed for an Initial Public Offering (IPO), reporting approximately $293 million in revenue for the fiscal year ended December 31, representing a 59% growth rate from 2019. |
| March 31 2021 | Coursera conducted its initial public offering (IPO) on the New York stock exchange, pricing shares at $33 and valuing the company at approximately $4.30 billion, with an aim to raise about $519 million. |
| February 2 2021 | Announced B Corporation certification from B Lab and transformed into a Public Benefit Corporation, demonstrating a commitment to social and environmental responsibility. |
| 2020 | Coursera launched a COVID-19 related course by the Jameel Institute at Imperial College London, titled 'Science Matters: Let's Talk About COVID-19', which became the most popular course on the platform that year with over 130,000 enrolled learners. |
| 2020 | Coursera published their Impact Report, highlighting the top five most popular courses: contact tracing, digital marketing, project management, Python programming, and social psychology. |
| 2020 | Coursera's revenues increased to $294 million, but the company experienced a net loss of $66 million due to increased marketing and advertising expenses. |
| December 31 2020 | The COVID-19 certification course sponsorship program ended, though many free courses remained available through auditing. |
| July 2020 | Coursera announced raising $130 million in Series F funding, updating its valuation to $2.5 billion. |
| March 2020 | Coursera and its partners sponsored over 115 certification courses to support people impacted by the global COVID-19 pandemic, offering free courses to those who lost jobs, experienced salary reductions, or wanted to develop technical skills. |
| 2019 | The company raised $103 million in a Series E funding round from SEEK Group, Future Fund, and NEA, reaching a valuation of over $1 billion. |
| 2019 | Coursera recorded revenues of $184 million for the year. |
| March 2018 | Launched six fully online degree courses, including bachelor's and master's qualifications across various domains. |
| 2017 | Coursera raised $64 million from its existing investors in a Series D round of funding. |
| June 2017 | Jeff Maggioncalda became the CEO of Coursera. |
| January 2017 | Launched Coursera for Governments & Nonprofits, establishing partnerships with the Institute for Veterans & Military Families and entities in Egypt, Mongolia, Singapore, Malaysia, Pakistan, and Kazakhstan. |
| October 2016 | Introduced a monthly subscription model for Specializations with a 1-week free trial. |
| July 2016 | Launched Coursera for Business, entering the corporate e-learning market with initial customers including L'Oréal, Boston Consulting Group, and Axis Bank. |
| January 2016 | Coursera introduced fees for earning grades and assessments for most courses in Specializations, while also offering financial aid to those in need. |
| 2015 | New Enterprise Associates (NEA) led the Series C round of venture funding, which totaled more than $60 million. |
| 2014 | Coursera won the Webby Winner award for Websites and Mobile Sites in the Education category. |
| 2013 | GSV led the Series B investment round for Coursera, totaling $63 million in funding. |
| September 2013 | Coursera announced earning $1 million in revenue through the sale of verified certificates authenticating course completion, rolling out fee-based course options with verified credentials. |
| 2012 | Founded by Stanford University computer science professors Andrew Ng and Daphne Koller as an online course provider, offering massive open online courses (MOOCs). |
| 2011 | Stanford University computer science professors Andrew Ng and Daphne Koller began offering their Stanford courses online in the fall semester. |
This contents of the box above is based on material from the Wikipedia article Coursera, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.