Coursera Statistics

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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 200 partners and 82 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

So let’s get to it.

Top Coursera statistics

  1. Coursera was founded in April 2012 by Stanford computer science professors Daphne Koller and Andrew Ng 
  2. It offers over 5,500 courses 
  3. It has 82 million registered learners 
  4. Coursera’s Earnings Call for Q1, 2021 reported that their revenue had grown by 64% from the previous year
  5. Its total Q1 2021 revenue was $88.4m, of which $51.9m was consumer (driven by paid for Professional Certificates), $25.5m was paid for Enterprise Customers and $12m degrees 
  6. Gross profit for Q1 2021 was $49.5m
  7. The predictions for the full year (2021) are for revenue to be between $369-381m 
  8. Coursera initially provided free MOOCs, it first monetized its proposition in 2013 with verified certificates for between $30-100 each 
  9. 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
  10. 79% of learners gave their course a 5* rating
  11. Courses that are around 4 weeks long have the highest completion rates 
  12. The 3 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)
  13. 100+ Fortune 500 companies, and more than 6k campuses, businesses, and governments come to Coursera to learn

Wondering how Coursera compares against its competitors? See statistics on: MasterClass, Udemy, edX, and Skillshare.

Company

  1. Coursera was founded in April 2012 by Stanford computer science professors Daphne Koller and Andrew Ng 
  2. Its CEO is Jeff Maggioncalda
  3. It is headquartered in Silicon Valley, CA, USA (LinkedIn)
  4. Coursera’s total Funding is $464M across 16 rounds with 6 lead investors (Class Central)
  5. It employs around 2.5k people (LinkedIn)
  6. Coursera has over 200 partner institutions (Impact Report)
  7. It offers over 5.5k courses (Class Central)
  8. It has 82 million registered learners (Business Wire)

Coursera and the Pandemic

  1. Coursera attracted as many learners in 2020 alone as its closest competitor did in its entire existence (Class Central)
  2. The pandemic meant Coursera’s enrollments quintupled year over year (Forbes)
  3. 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)
  4. In June 2020 Coursera gave free catalogue access for all university students which led to 1.2m enrollments (Class Central)
  5. 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)
  6. The number of degree students grew by 91% compared to 2019 and it expanded its workforce by 300 staffers (Forbes)
  7. In total, Coursera made 115 certificate courses free until the end of 2020 during the pandemic
  8. A free contact tracing course, in three languages, had over 1m enrollments and at least 340k course completions (Impact Report)
  9. 50% of Coursera’s most popular courses in 2020 were Covid-19 related (Class Central)
  10. 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)
  11. 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)

Financials

  1. Coursera’s Earnings Call for Q1, 2021 reported that their revenue had grown by 64% from the previous year (Business Wire)
  2. Its total Q1 2021 revenue was $88.4m, of which 51.9m was consumer (driven by paid for Professional Certificates), 25.5m was paid for Enterprise Customers and $12m degrees (Business Wire)
  3. Gross profit for Q1 2021 was $49.5m (Business Wire)
  4. The predictions for the full year (2021) are for revenue to be between $369-381m (Business Wire)
  5. Coursera initially provided free MOOCs, it first monetized its proposition in 2013 with verified certificates for between $30-100 each (Class Central)
  6. 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)
  7. 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)
  8. In 2016 Coursera for Business enabled businesses to purchase content for their employees at $400 per user per year (Class Central)
  9. In 2018 Coursera introduced the MicroMasters program costing between $2-3,000 enabling users to take MasterTrack modules and earn credits towards a master’s degree
  10. In 2019, Coursera achieved Unicorn status after a Series E funding round of $103m led by the SEEK group (TechCrunch)
  11. Coursera’s 2020 revenue jumped 59% to $293.5, though it still recorded a net loss of $44.8m (Forbes) 
  12. 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)
  13. 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)
  14. In the first month their stock traded as high as $62 a share before dropping back to $48 on 26th April 2021 (Barrons)
  15. Coursera has increased its valuation by between 67-100% in less than a year between 2020-21 (TechCrunch)
  16. Coursera’s estimated annual revenue is currently $430.3M per year (GrowJo)
  17. Coursera’s estimated revenue per employee is $165,000 (GrowJo)
  18. Coursera’s total funding is $464M across 16 rounds with 6 lead investors (ClassCentral)

Courses

  1. 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)
  2. Over 2,000 top courses are now subtitled in 9 languages
  3. As of the end of 2020, Coursera offered over 5,540 university courses (Class Central)
  4. In 2020, Coursera announced 9 master’s degrees from six universities. These should receive their first cohorts in 2021 (Class Central)
  5. It also offered 580 job relevant industry courses (Impact Report)
  6. By April 2021, Coursera offered 30 degrees from university partners across nine countries (Forbes)
  7. In its 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)
  8. The average course rating in 2020 was 4.7/5 (Impact Report)
  9. 79% of learners gave their course a 5* rating (Impact Report)
  10. 75% of first time learners progress to another course (Impact Report)
  11. 93% of learners would recommend Coursera to a friend (Impact Report)
  12. Course completion rates in programming courses using in-browser experiences are 20% higher than those with offline programming (Impact Report)
  13. Courses that are around 4 weeks long have the highest completion rates (Impact Report)
  14. 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)

Customers

  1. By Q1 2021, Coursera had 82m registered learners from 190 countries (Business Wire)
  2. The company added 5m new registered learners in the first quarter of 2021 (Business Wire)
  3. 100+ Fortune 500 companies, and more than 6k campuses, businesses, and governments come to Coursera to learn (LinkedIn)
  4. From 2018-19, Coursera’s registered learner count grew from 37.3m to 46.4m (TechCrunch)
  5. From 2019-20, it reached 76.6m – aided by Covid-19 restrictions and the fact that it made parts of its enterprise offering free to use during the pandemic (TechCrunch)
  6. 80% of learners are outside the US (Coursera Blog)
  7. The top 5 countries in terms of learner growth are Bangladesh, Thailand, Kazakhstan, Argentina and the Philippines (Impact Report)
  8. 87% of learners report career benefits, this rises to 88% of learners who do not hold a bachelor’s degree (Impact Report)
  9. 91% of learners in emerging markets report career benefits (Impact Report)
  10. 84% of unemployed learners report career benefits (Impact Report)
  11. Coursera has 150 university partners (Impact Report)
  12. It has 50 Industry partners (Impact Report)
  13. Coursera for Business serves 2,300 enterprise organizations with over 550k learners, 91% of whom reported positive career outcomes (Impact Report)
  14. Companies using Coursera for Business train 94% more employees, using 40% fewer training resources and 46% less time (Impact Report)
  15. Coursera serves 325 government agencies and has 725k government learners, 91% of whom reported positive career outcomes (Impact Report)
  16. 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

  1. Coursera.org receives nearly 49.3M visits to its website per month (Similarweb)
  2. The US (20.41%), India (8.90%) and Mexico (4.11%) drive the most traffic to the site (Similarweb)
  3. The volume of traffic to Brazil has been increasing by over 23%  (Similarweb)

Frequently asked questions

When did Coursera launch?

Coursera was founded in April 2012 by Stanford computer science professors Daphne Koller and Andrew Ng 

How many customers does Coursera have?

Coursera has over 82 million registered learners in 190+ countries

How many partners does Coursera have?

Coursera has over 200 partner institutions

How many courses does Coursera offer?

Coursera offers over 5,540 university courses

Sources

  • https://www.linkedin.com/company/coursera
  • 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

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