Coursera was launched in 2012 to provide universal access to world-class learning. It is now one of the world’s largest online learning platforms with over 250 partners and 92 million registered learners in 190 countries.
In this article, we’ve compiled a carefully curated list of the top Coursera statistics, numbers and facts from recent, credible sources.
You’ll find Coursera data on:
- The company itself
- Funding and valuation
- Coursera courses
- Coursera impact on learners
- Coursera demographics and users
So let’s get to it.
Top Ten Coursera stats
- Coursera was founded in April 2012 by Stanford computer science professors Daphne Koller and Andrew Ng
- It offers over 7,000 courses and has has 92 million registered learners
- In 2023, 77% of respondents to a Coursera learner survey (and 91% in developing economies) reported career benefits from taking a Coursera course.
- 95% of respondents (and 99% in developing economies) reported personal benefits, such as gaining more confidence and feeling more accomplished
- 30% of unemployed learners were employed after completing their most recent course or program on Coursera during 2023
- In 2022 Coursera's total revenue was $523.8 million, up 26% from $415.3 million in the previous year
- In Q4 2022 Consumer revenue was $79.8 million, up 21% on sustained demand for industry microcredentials.
- 81% of learners gave their course a 5* rating
- 100+ Fortune 500 companies, and more than 6k campuses, businesses, and governments come to Coursera to learn
- Coursera’s total Funding is $464M across 16 rounds with 6 lead investors (Class Central)
Wondering how Coursera compares against its competitors? See statistics on: MasterClass, Udemy, edX, Cohort Based Learning and Skillshare.
Coursera – the company
- Coursera was founded in April 2012 by Stanford computer science professors Daphne Koller and Andrew Ng
- Its CEO is Jeff Maggioncalda
- It is headquartered in Silicon Valley, CA, USA (LinkedIn)
- Coursera’s total Funding is $464M across 16 rounds with 6 lead investors (Class Central)
- It employs around 1.5k people (LinkedIn)
- Coursera has over 250 partner institutions (Impact Report)
- It offers over 7k courses (Class Central)
- It has 92 million registered learners (Impact Report)
Coursera and the Pandemic
- Coursera attracted as many learners in 2020 alone as its closest competitor did in its entire existence (Class Central)
- The pandemic meant Coursera’s enrollments quintupled year over year (Forbes)
- In March 2020, Coursera announced Free Coursera for Campus which was taken up by over 10k departments, schools and universities, benefitting 1.7m learners (Coursera Blog)
- In June 2020 Coursera gave free catalogue access for all university students which led to 1.2m enrollments (Class Central)
- From 2018-19, Coursera’s registered learner count grew from 37.3m to 46.4m. Aided by the pandemic (during which parts of enterprise were free to access) it reached 76.6m 2019-20 (TechCrunch)
- The number of degree students grew by 91% compared to 2019 and it expanded its workforce by 300 staffers (Forbes)
- In total, Coursera made 115 certificate courses free until the end of 2020 during the pandemic
- A free contact tracing course, in three languages, had over 1m enrollments and at least 340k course completions (Impact Report)
- 50% of Coursera’s most popular courses in 2020 were Covid-19 related (Class Central)
- In April 2020 Coursera provided a free Workforce Recovery Initiative to upskill newly unemployed workers which attracted 1.1m learners across 70 countries and served 325 government agencies (Class Central)
- Coursera’s sales and marketing costs rose from 31% of revenue in 2019 to 37% in 2020 as it spent $9.2 million more in 2020 to host and support new, free users (TechCrunch)
Coursera Financials
- Coursera's total funding is $464M across 16 rounds with 6 lead investors (ClassCentral)
- In 2022 Coursera's total revenue was $523.8 million, up 26% from $415.3 million in the previous year (Coursera Q4/Full Year Report)
- Gross profit was $331.5 million or 63.3% of revenue, up 33% (Coursera Q4/Full Year Report)
- In Q4 2022 Consumer revenue was $79.8 million, up 21% on sustained demand for industry microcredentials (Coursera Q4/Full Year Report)
- For 2023, Coursera projected revenues in the range of $595 million to $605 million, which represents an increase of approximately 15% over 2022 (Class Central)
- Coursera initially provided free MOOCs, it first monetized its proposition in 2013 with verified certificates for between $30-100 each (Class Central)
- This was followed in 2014 by ‘Specialization’ certificates whereby a student has to earn a verified certificate in several related courses-helping Coursera reach $1m a month in revenue (Class Central)
- Degree partnerships were launched in 2015, these cost around $20k less than half of most other on campus MBA programs and in the same year, assignments and homework were placed behind a paywall (Class Central)
- In 2016 Coursera for Business enabled businesses to purchase content for their employees at $400 per user per year (Class Central)
- In 2018 Coursera introduced the MicroMasters program costing between $2-3,000 enabling Coursera users to take MasterTrack modules and earn credits towards a master’s degree
- In 2019, Coursera achieved Unicorn status after a Series E funding round of $103m led by the SEEK group (TechCrunch)
- Coursera’s 2020 revenue jumped 59% to $293.5, though it still recorded a net loss of $44.8m (Forbes)
- In mid 2020, Coursera was valued at $2.4bn after raising $130 million in a Series F funding led by bicoastal venture firm NEA (Forbes)
- In March 2021, after pricing its IPO at $33 per share, the company’s valuation was estimated to be between $4.30- $5.5 billion (Forbes)
- In the first month their stock traded as high as $62 a share before dropping back to $48 on 26th April 2021 (Barrons)
- Coursera has increased its valuation by between 67-100% in less than a year between 2020-21 (TechCrunch)
Coursera products and courses
- In February 2020, Coursera launched a $399 annual subscription – Coursera Plus – for full, certified access to over 90% of the platform's online courses (Business Insider)
- Over 2,000 top courses are now subtitled in 9 languages
- As of the end of 2020, Coursera offered over 5,540 university courses (Class Central)
- In 2020, Coursera announced 9 master’s degrees from six universities. (Class Central)
- It also offered 580 job relevant industry courses (Impact Report)
- Coursera offeres 33 degrees from university partners across nine countries (Forbes)
- In its 2021 Q1 Earnings Call Coursera announced 5 new degrees, 6 MasterTrack programmes, 4 university certificates, 2 additional entry-level Professional Certificates and welcomed 10 new university partners (Business Wire)
- The average course rating in 2021 was 4.7/5 (Impact Report)
- 81% of learners gave their course a 5* rating (Impact Report)
- 65% of first time learners progress to another course (Impact Report)
- 94% of learners would recommend Coursera to a friend (Impact Report)
- Course completion rates in programming courses using in-browser experiences are 20% higher than those with offline programming (Impact Report)
- Courses that are around 4 weeks long have the highest completion rates (Impact Report)
- The three most popular courses in 2020 were Covid-19 Contact Tracing (John Hopkins University), Crash Course on Python (Google) and Science Matters: Let’s Talk about Covid-19 (Imperial College London) (Class Central)
Coursera impact on learner outcomes
- 85% of respondents to a Coursera Learner survey said they went to Coursera to improve their career prospects. (Coursera Impact Report 2023)
- 77% of learners (and 91% in developing economies) reported career benefits from taking a Coursera course. Including getting a new job, earning a promotion, gaining applicable career skills, and more (Coursera Impact Report 2023)
- 95% of learners (and 99% in developing economies) reported benefits, such as gaining more confidence, feeling more accomplished, and more (Coursera Impact Report 2023)
- 30% of unemployed learners were employed after completing their most recent course or program on Coursera (Coursera Impact Report 2023)
- 1 in 4 Entry-Level Professional Certificate completers got a new job and 93% reported personal benefits (Coursera Impact Report 2023)
- 67% of low income learners in the US reported career benefits from taking a Coursera Course – 54% gained new skills, 26% got a new job or increased their job interview offers, 11% increased salary or pay. (Impact Report 2023)
- 67% of first-generation college students in the US reported career benefits from taking a Coursera course – 58% gained new skills, 24% got a new job or increased their job interview offers, 16% increased salary or pay. (Coursera Impact Report 2023)
- 65% of leaners without a college degree in the US reported career benefits from taking a Coursera Course – 56% gained new skills, 24% got a new job or increased their job interview offers, 18% increased salary or pay. (Impact Report 2023)
- 95% of global learners reported personal benefits from taking a Coursera Course.
- 99% of learners in developing economies reported personal benefits in terms of confidence, a sense of fulfilment or feeling more capable as a result of taking a Coursera course (Coursera Impact Report 2023)
Coursera users and customer growth
- Between 2018-19, Coursera’s registered learner count grew from 37.3m to 46.4m (TechCrunch)
- From 2019-20, it reached 76.6m – aided by Covid-19 restrictions and because it made parts of its enterprise offering free to use during the pandemic (TechCrunch)
- By Q4 2021, Coursera had 92m registered learners (Impact Report)
- 100+ Fortune 500 companies, and more than 6k campuses, businesses, and governments come to Coursera to learn (LinkedIn)
- 80% of learners are outside the US (Coursera Blog)
- The top 5 countries in terms of learner growth are Paraguay, Lebanon, Philippines, Guyana and Indonesia (Impact Report)
- Coursera has 175 university partners (Impact Report)
- It has 75 Industry partners (Impact Report)
- Coursera for Business serves 2,900 enterprise organizations with over 620k learners, 92% of whom reported positive career outcomes (Impact Report)
- Companies using Coursera for Business train 94% more employees, using 40% fewer training resources and 46% less time (Impact Report)
- Coursera serves 230 government agencies and has 580k government learners, 91% of whom reported positive career outcomes (Impact Report)
- The organisation has 60 non profit and community partners and has worked with 70k underserved learners such as refugees and transitioning service personnel (Impact Report)
Coursera on the Web
- Coursera.org receives nearly 60m visits to its website per month (Similarweb)
- The US (23.68%), India (9.02%) and Mexico (4.29%) drive the most traffic to the site (Similarweb)
- The volume of traffic to Brazil has been increasing by over 23% (Similarweb)
Frequently asked questions
Coursera was founded in April 2012 by Stanford computer science professors Daphne Koller and Andrew Ng
Coursera has over 92 million registered learners in 190+ countries
Coursera has over 250 partner institutions
Coursera offers over 7,000+ courses
Sources
- https://www.linkedin.com/company/coursera
- https://investor.coursera.com/news/news-details/2023/Coursera-Reports-Fourth-Quarter-and-Full-Year-2022-Financial-Results/default.aspx
- https://blog.coursera.org/coursera-impact-report-2021/
- https://growjo.com/company/Coursera
- https://www.businessinsider.com/coursera-plus?r=US&IR=T
- https://www.similarweb.com/website/coursera.org/
- https://www.forbes.com/sites/susanadams/2020/07/17/online-learning-platform-coursera-raises-130-million-at-reported-25-billion-valuation/?sh=47bdd217688f
- https://www.forbes.com/sites/michaeltnietzel/2021/04/19/coursera-boosts-its-international-presence-with-several-new-degree-and-certificate-programs/?sh=4e968e52d4f2
- https://www.forbes.com/sites/michaeltnietzel/2021/04/19/coursera-boosts-its-international-presence-with-several-new-degree-and-certificate-programs/?sh=4e968e52d4f2
- https://search.techcrunch.com/search;_ylc=X3IDMgRncHJpZANoNTVRTmJtSFFpaVhtYUxIYTQxeHBBBG5fc3VnZwM4BHBvcwMyBHBxc3RyA2NvdXJzZXJhBHBxc3RybAM4BHFzdHJsAzgEcXVlcnkDY291cnNlcmEEdF9zdG1wAzE2MjAwNjA4MjcEdXNlX2Nhc2UD?p=coursera&fr=techcrunch-s
- https://blog.coursera.org/
- https://www.classcentral.com/report/coursera-2020-year-review/
- https://www.barrons.com/articles/coursera-stock-is-soaring-analyst-buy-ratings-are-rolling-in-51619455105
- https://www.businesswire.com/news/home/20210504006267/en/Coursera-Reports-First-Quarter-Fiscal-2021-Financial-Results
Liz Hurley has 30+ years of high school teaching experience and is one of our senior writers here at Learnopoly.