Forbes recently compiled a list of Next-Billion Dollar startups, also known as unicorns. One of the companies on that list is Coursera. If Forbes is right, Coursera is poised to join Udacity in the unicorn club. Udacity reached the billion dollar valuation mark 2015 when it raised a $105 million funding round. According to Forbes, Coursera’s 2018 estimated revenue is around $140 million. (In our analysis of Coursera in 2017, Class Central estimated Coursera’s 2017 somewhere in the range of $100 million.) By comparison, Udacity’s 2017 revenues were $70 million, up from $29 million in 2016. FutureLearn, which is looking to raise £40m, has revenues of £8.2M.
Coursera now has three different sources of revenue: direct to consumer, corporate training, and online degrees. By offering a product at every price, Coursera and other MOOC providers are able to sell their basic product at price points ranging from free to millions of dollars. Here is how this looks for Coursera:
Coursera, the leading MOOC provider in the world, now has 36 million registered users and 1,400 enterprise customers. They have partnered with 150 global universities to launch around 3,000 courses, 250+ specializations, and 12 fully online degrees.