Skillshare was launched in 2011 to provide a platform to connect those wanting to share skills, with those wanting to learn them. Since its launch, Skillshare has evolved into a global learning community with over 12 million registered users.
In this article, we’ve compiled a carefully curated list of the top Skillshare statistics, numbers and facts from recent, credible sources.
You’ll find Skillshare data on:
– The company itself
– Funding and valuation
– Skillshare courses
So let’s get started.
Top Skillshare statistics
- Skillshare was founded in 2010 by Michael Karnjanaprakorn and Malcolm Ong
- As of February 2023, Skillshare had over 12 million registered users
- It has a post money valuation in the range of $100m to $500m according to PrivCo
- The company’s total funding to date is $136.8m across 11 funding rounds (Crunchbase April 2023)
- Unlimited access to all of Skillshare’s courses is available with Skillshare Premium for $168 annually or $32 monthly
- Skillshare averages 10.9m visits to its website each month (Crunchbase)
- Skillshare has over 30,000+ classes (April 2023)
- Courses are divided into 3 categories Thrive, Build and Create
- On average, a Skillshare class is 20-60 minutes of pre-recorded video content broken down into a series of short 2-5 minute videos
- The top 500 teachers on Skillshare earn about $2k per month on average (Wall Street Journal)
Wondering how Skillshare compares against its competitors? See statistics on: MasterClass, Coursera, edX, Cohort Based Learning and Udemy.
Also check out our full Skillshare review, how much is Skillshare costs, Skillshare discount codes, and best Skillshare classes articles.
Company
- Skillshare was founded in 2010 by Michael Karnjanaprakorn and Malcolm Ong
- The Skillshare site launched in April, 2011
- As of May 2021, Skillshare had 546 employees (LinkedIn)
- It is headquartered in New York City (LinkedIn)
- Its CEO is Matt Cooper (LinkedIn)
- It is the world’s largest online community for creativity (PRNewswire)
Skillshare and the Pandemic
- In Q1-2 2020, Skillshare’s average rate of engagement more than doubled and sales nearly doubled year over year (Crunchbase)
- Daily views and time spent on Skillshare more than tripled during 2020 (Wall Street Journal)
- By May 2020, Skillshare had 500,000 paying subscribers (Wall Street Journal)
- As of October 2020 Skillshare had 12 million registered users (PRNnewswire)
- In April 2020, Skillshare’s top teacher made $68,000 on her Adobe software course (Wall Street Journal)
Skillshare Financials
- Skillshare raised $550,000 in an Angel round in 2011 Led by Founder Collective (Techcrunch)
- In October 2020 Series D funding raised $66m led by Adobe (Skillshare Blog)
- Skillshare’s latest funding round was in November 2020 led by NewSpring for an undisclosed amount (Crunchbase April 2023)
- The company’s total funding to date is $136.8m across 11 funding rounds (Crunchbase April 2023)
- It has 26 investors and 6 lead investors including Spark Capital and Union Square (Crunchbase 2023)
- It has a post money valuation in the range of $100m to $500m according to PrivCo (Crunchbase)
- Skillshare moved to a membership model in 2014 with membership set at $9.95 per month (Skillshare blog)
- Unlimited access to all of Skillshare’s courses is now available with Skillshare Premium for around $168 per year or $32 monthly (Skillshare)
- Skillshare allocates 30% of membership revenue each month towards a royalty pool for its teachers (Skillshare blog)
- The royalty pool is distributed based on % total Premium minutes watched – if a teacher’s class receives 5% of the minutes watched by Premium members, they receive 5% of the royalty pool (Skillshare blog)
- The Teacher Fund for April 2023 (to be paid out May 16) will be $950,000 (Skillshare Blog)
- Between 2017-2020, teacher earnings grew 3.2x and the number of teachers earning over $200 per month increased by 2.9% (Skillshare blog)
Courses
- Skillshare launched in April 2011 with offline in person courses at a venue of the teacher’s choosing (inc)
- In August 2012 it launched its first 25 online courses (Pando)
- In August 2012, online courses represented 5% of its revenue, a year later it tipped 99% (Pando)
- Currently (April 2023) Skillshare has 30,000+ classes (Forbes)
- Courses are divided into 3 categories Thrive, Build and Create (Virtual Strategy Magazine)
- The initial rollout of Badges and Class Certificates in April 2023 resulted in an 98 percent increase in users submitting a class project, the strongest shift in user behavior based on a product update the platform has seen since its launch in 2010. (Prnewswire)
- In 2022, Skillshare saw an increase in classes published on emerging technology. (Skillshare Trendshare Report 2023)
- Skillshare has seen a 65% increase in classes published focused on mindfulness and balance. (Skillshare Trendshare Report 2023)
- In 2022 members completed more than 1.8M Skillshare classes in their entirety (Skillshare blog)
- On average, a Skillshare class is 20-60 minutes of pre-recorded video content broken down into a series of short 2-5 minute videos (Skillshare Blog)
Customers
- Skillshare has 12 million registered users (PRNnewswire)
- Its subscribers come from 180+ countries (Medium)
- Skillshare members watched more than 380,000 minutes of classes about side hustles in 2022. (Skillshare Trendshare Report 2023)
- 90% of respondents to Skillshare’s Trendshare Report noted that their side hustle provided them with a higher income or similar income as years prior.
- Skillshare had more than 2,000 new teachers join the platform and publish their first class in 2022. (Skillshare Trendshare Report 2023)
- The top 500 teachers on Skillshare earn about $2k passive income per month on average (Wall Street Journal)
- 20% of Skillshare’s top teachers and 40% of its subscribers are from outside the US (Medium)
Skillshare on the Web
- Skillshare averages 10.9m visits to its website each month (Crunchbase)
- The US (24.29%), India (7.28%) and the UK (5.78%) drive most of its traffic (Similarweb)
- Daily views and time spent on Skillshare more than tripled during 2020 (Wall Street Journal)
Skillshare Statistics – Frequently Asked Questions
Skillshare was founded in 2010, the website launched in 2011
Skillshare has over 12 million registered users on its platform
Skillshare has over 30,000 courses available through its website
Sources
- https://www.crunchbase.com/organization/skillshare/technology
- https://news.crunchbase.com/news/skillshares-online-learning-platform-receives-66m-series-d-boost/
- https://www.prnewswire.com/news-releases/in-honor-of-teacher-appreciation-week-skillshare-will-fund-teacher-projects-across-the-country-301281467.html
- https://www.skillshare.com/en/blog/trendshare-skillshare-first-report-on-the-state-of-creativity/
- https://digiday.com/marketing/influencers-are-creating-million-dollar-incomes-selling-their-expertise-via-online-courses/
- https://search.techcrunch.com/search;_ylc=X3IDMgRncHJpZAMwejIuM2ZxWlNDcXdOVEZnUGFXRElBBG5fc3VnZwM5BHBvcwMxBHBxc3RyA3NraWxsc2hhcmUEcHFzdHJsAzEwBHFzdHJsAzEwBHF1ZXJ5A3NraWxsc2hhcmUEdF9zdG1wAzE2MjEwNzIyOTkEdXNlX2Nhc2UD?p=skillshare&fr=techcrunch-s
- https://www.linkedin.com/company/skillshare-com
- https://www.forbes.com/search/?q=skillshare&sh=2658ec57279f
- https://www.wsj.com/articles/coronavirus-lockdowns-spark-boom-in-home-schooling-for-grown-ups-11590053401
- https://www.edsurge.com/news/2020-08-10-online-course-library-skillshare-raises-66-million-in-series-d-round
- https://medium.com/skillshare-team/skillshare-turns-5-and-raises-12m-series-b-be984b56f45d
- https://pando.com/2013/11/05/skillshare-has-spent-the-last-year-quietly-transforming-itself-its-working/
- https://www.skillshare.com/en/blog/skillshare-raises-series-d-funding/
- https://www.crunchbase.com/organization/skillshare/company_financials
- (https://www.prnewswire.com/news-releases/skillshare-unveils-new-product-features-to-motivate-and-celebrate-skill-development-across-its-more-than-30-000-creative-focused-classes-301768134.html
Liz Hurley has 30+ years of high school teaching experience and is one of our senior writers here at Learnopoly.