Udemy Statistics

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Udemy was launched in 2009 with a mission to provide a marketplace where anyone could teach and learn anything. It gives everyone the opportunity to create and offer quality online courses on its platform and helps learners and businesses build the skills they need to reach their goals. 

It is the largest Ed Tech company of its kind.

In this article, we’ve compiled a carefully curated list of the top Udemy statistics, numbers and facts from recent, credible sources.

You’ll find Udemy data on:

– The company itself

– Funding and valuation

– Udemy courses

So let’s get to it.

Top Udemy statistics

  1. Udemy was founded in 2009 by Eren Bali with a mission to improve lives through learning
  2. Udemy has over 40m learners with 70,000 instructors teaching 157,000 courses in more than 65 languages 
  3. The pandemic has accelerated Udemy’s growth, from 3,000 new courses added each month last year to 6,000 a month today (April 2021 – Edsurge)
  4. During the pandemic the most popular classes included sourdough bread baking and best practice for Zoom video conferencing (Forbes)
  5. The number of courses offered by Udemy increased by 60% during 2020 compared to 2019
  6. Its 2020 revenue was likely to have been in excess of $400m 
  7. In October 2020 Udemy announced that its business division, which sells annual subscriptions for $360 per user, had exceeded $100m in annual recurring revenue 
  8. As of May 2021, Udemy introduced a “blended” share of 37% commission to instructors for sales not driven by instructor promotions, and 97% for instructor-driven sales 
  9. 90% of Udemy courses are paid
  10. One of Udemy’s best selling courses is Zero to Hero Python which has over 1.2m students 
  11. 80% of Fortune 100 companies trust Udemy for employee upskilling, and customers include The Walt Disney Corporation, Apple, Unicef, PayPal, Tata Inc., Accenture, Samsung, Unilever, Instacart, and Okta 

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

Company

  1. Udemy was founded in 2009 by Eren Bali with a mission to improve lives through learning
  2. It is headquartered in San Francisco
  3. As of May 2021 it had just under 4,700 employees (LinkedIn)
  4. Its CEO is Gregg Coccari
  5. Udemy has over 40m learners with 70,000 instructors teaching 157,000 courses in more than 65 languages (April 2021 – Business Wire)

Udemy and the Pandemic

  1. The pandemic has accelerated Udemy’s growth, from 3,000 new courses added each month last year to 6,000 a month today (April 2021 – Edsurge)
  2. In November 2020 Udemy partnered with Randstad to offer free educational courses to US citizens either placed or looking for roles through Randstad’s network with a commitment to upskill 40,000 workers by the end of 2020 (PR Newswire)
  3. During the Pandemic the most popular classes included sourdough bread baking and best practice for Zoom video conferencing (Forbes)
  4. Weekly enrollments in Udemy classes more than quadrupled from February to late March 2020 (Forbes)
  5. From March through May 2020, Udemy’s sales were double the total for the same period the previous year. Sources close to the company said revenue would likely exceed $400m in 2020 (Forbes)
  6. The number of courses offered by Udemy increased by 60% during 2020 compared to 2019

Financials

  1. At the beginning of 2020, Udemy raised a $50m Series E round of funding, led by Benesse with a pre money valuation of $2 billion (EdSurge)
  2. In November 2020 PrivCo estimated Udemy’s post money valuation in the range of $1-10 billion (Crunchbase)
  3. Udemy raised another $50m Series F round of funding at the end of 2020 (led by TenCent) with a $3.25 billion valuation (Forbes)
  4. The total funding raised by Udemy to May 2021 was $296.5m (Crunchbase)
  5. There have been a total of 13 funding rounds, with 9 lead investors and 26 investors in total (Crunchbase)
  6. Its 2020 revenue was likely to have been in excess of $400m (Forbes)
  7. In October 2020 Udemy announced that its business division, which sells annual subscriptions for $360 per user, had exceeded $100m in annual recurring revenue (Class Central)
  8. As of May 2021, Udemy introduced a “blended” share of 37% commission to instructors for sales not driven by instructor promotions, and 97% for instructor-driven sales (Udemy)
  9. The top 5,000 instructors are making the vast majority of the revenue (Edsurge)

Courses

  1. Udemy claims to have the largest course catalogue in the world, with more than 157,000 courses (April 2021, EdSurge)
  2. Its courses are in 65 languages (Forbes)
  3. 63% of Udemy’s courses are in English with Portugese 2nd at 9% (Class Central)
  4. 90% of Udemy courses are paid (Class Central)
  5. Course prices range from $19.99 to $199.99 – without any discounts or deals (Class Central)
  6. Most of its courses sell for between $10-$20 – with discounts/deals  (Forbes)
  7. It has a database of nearly 600 free courses (Crunchbase)
  8. 50% of Udemy’s courses relate to Business and Technology, but they account for 70% of all enrollments (Class Central)
  9. As of Jan 2021 there were 335 courses with over 100k enrollments (Class Central)
  10. Technology courses are the most popular with an average of 4,200 learners per course – the average across the platform being 2,700 (Class Central)
  11. One of its most popular free courses is Code Your First Game (JavaScript) with a 4.6/5 rating and over 300k students
  12. The median number of enrollments per course is 188 (Class Central)
  13. Each course must contain at least 30 minutes of video and at least five separate lectures (edsurge)
  14. The average course length is 4.5 hours and as course length increases, average enrollments also increase (Class Central)
  15. One of Udemy’s best selling courses is Zero to Hero Python which has over 1.2m students (Business Insider)
  16. Its most popular course to date is a free Java Tutorial for complete beginners (Class Central)
  17. Its most popular non IT/coding related course to date is the Ultimate Drawing Course – beginners to advanced (Class Central)
  18. Udemy’s most popular business related course is An Entire MBA in 1 Course (Course Central)
  19. Its enterprise arm, Udemy for Business, offers subscription access to 8,000+ courses, learning analytics and the ability to host and distribute their own content to companies who offer professional development to their staff (Business Wire)
  20. Udemy for Business costs $360 per year per user (Edsurge)
  21. 80% of Fortune 100 companies trust Udemy for employee upskilling, and customers include The Walt Disney Corporation, Apple, Unicef, PayPal, Tata Inc., Accenture, Samsung, Unilever, Instacart, and Okta (Business Wire)
  22. During the 2020 Black Friday sale, Udemy began actively promoting their Udemy Pro subscription to students in some markets for $19.99 a month with access to a small number of 24 IT related courses (Class Central)

Customers

  1. Udemy has over 40m learners with 70,000 instructors teaching 155,000 courses in more than 65 languages (April 2021 – Business Wire
  2. It has customers in 190 countries (Forbes)
  3. By January 2021 it has 425m course enrollments (Class Central)
  4. In November 2020 Udemy partnered with Randstad to offer free educational courses to US citizens either placed or looking for roles through Randstad’s network with a commitment to upskill 40,000 workers by the end of 2020 (PR Newswire)
  5. 80% of Fortune 100 companies trust Udemy for employee upskilling, and customers include The Walt Disney Corporation, Apple, Unicef, PayPal, Tata Inc., Accenture, Samsung, Unilever, Instacart, and Okta (Business Wire)

Udemy on the Web

  1. Udemy has 97.8m visits to its website every month (Similarweb)
  2. Udemy sees roughly twice as many sessions as Coursera (Class Central) 
  3. The US (16.47%), India (16%) and Brazil (6.39%) drive the most traffic to the site

Frequently asked questions

When did Udemy launch?

Udemy was founded in 2009 by Eren Bali with a mission to improve lives through learning

How many customers does Udemy have?

To date Udemy has helped over 40 million learners

How many courses does Udemy offer?

There are over 157,000 courses are available on Udemy

Sources

  • https://www.businesswire.com/news/home/20210428005254/en/Udemy-Appoints-Sarah-Blanchard-as-Chief-Financial-Officer
  • https://www.edsurge.com/news/2021-04-21-udemy-an-online-course-platform-where-anyone-can-teach-keeps-raising-money-what-s-next
  • https://www.businessinsider.com/udemy-free-courses?r=US&IR=T
  • https://www.crunchbase.com/organization/udemy
  • https://www.linkedin.com/company/udemy
  • https://www.similarweb.com/website/udemy.com/
  • https://www.forbes.com/sites/susanadams/2020/11/18/udemy-adds-more-than-1-billion-to-its-valuation-in-new-funding-round/?sh=2b5173562993
  • https://www.forbes.com/sites/susanadams/2020/07/15/online-learning-platform-udemy-said-to-seek-funding-at-3-billion-valuation/?sh=10752c786fbc
  • https://www.classcentral.com/report/tag/udemy/
  • https://www.classcentral.com/report/udemy-by-the-numbers/
  • https://teach.udemy.com/business-terms-update-march-2021/
  • https://www.prnewswire.com/news-releases/randstad-us-and-udemy-announce-new-partnership-to-launch-skilling-program-for-american-workers-301173705.html

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