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
- Udemy was founded in 2009 by Eren Bali with a mission to improve lives through learning
- Udemy has over 59m learners with 60,000 instructors teaching 213,000+ courses in more than 75 languages
- A total of over $700m has been earned by instructors and over 11 billion minutes of learning consumed
- It has a database of nearly 19k free courses with 519m+ free course enrollments – 105m in India alone
- The number of courses offered by Udemy increased by 60% during 2020 compared to 2019
- The number of enrollments increased by 98% during the pandemic
- There was an 14% increase in instructors and a 38% increase in student enrollments in 2021 compared to 2020
- Its total revenue increased 22% year on year in 2022 to $629.1m
- One of Udemy’s best selling courses is Zero to Hero Python which has over 1.2m students
- 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, Cohort Based Learning and Skillshare.
And check out our Udemy review, Udemy sales, Best Udemy courses and Udemy Cost articles.
Company
- Udemy was founded in 2009 by Eren Bali with a mission to improve lives through learning
- It is headquartered in San Francisco
- Its CEO is Gregg Brown (as of Q1 2023)
- Udemy has over 59m learners with 70,000 instructors teaching 213,000 courses in more than 75 languages (Udemy – About Us)
- A total of over $700m has been earned by instructors and over 11 billion minutes of learning consumed
- As of May 2021 it had just under 4,700 employees (LinkedIn)
- In February 2023 Udemy decided to reduce its workforce by 10% due to macroeconomic conditoins (Udemy Report Q4 2022)
Udemy and the Pandemic
- The pandemic accelerated Udemy’s growth, from 3,000 new courses added each month last year to 6,000 a month today (April 2021 – Edsurge)
- 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)
- The number of enrollments increased by 98% during the pandemic
- During the Pandemic the most popular classes included sourdough bread baking and best practice for Zoom video conferencing (Forbes)
- Weekly enrollments in Udemy classes more than quadrupled from February to late March 2020 (Forbes)
- 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)
- The number of courses offered by Udemy increased by 60% during 2020 compared to 2019
Financials
- Udemy has had a total 0f 16 funding rounds
- The company has 36 investors and 11 lead investors (Crunchbase)
- Their latest funding of $4.4m was raised in July 2021 from a secondary market round (Crunchbase)
- PrivCo estimates Udemy’s post money valuation in the range of $1-10 billion (PrivCo)
- Total funding raised by Udemy is $311.4m (Crunchbase)
- Its total revenue increased 22% year on year in 2022 to $629.1m
- Udemy opened on NASDAQ with $29 in October 2021 (Crunchbase)
- 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)
- 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)
- A total of $700m+ has been earned by instructors and their earnings increased by 10% in 2021 (Udemy Impact Report)
- The top 5,000 instructors are making the vast majority of the revenue (Edsurge)
Courses
- Udemy has the largest course catalogue in the world, with more than 213,000 courses (Udemy – About Us)
- The number of courses offered by Udemy increased by 60% during 2020 compared to 2019
- Its courses are in 75 languages (Forbes)
- 63% of Udemy’s courses are in English with Portugese 2nd at 9% (Class Central)
- Course prices range from $19.99 to $199.99 – without any discounts or deals (Class Central)
- Most of its courses sell for between $10-$20 – with discounts/deals (Forbes)
- It has a database of nearly 19k free courses with 519m+ free course enrollments (Udemy Impact Report)
- 50% of Udemy’s courses relate to Business and Technology, but they account for 70% of all enrollments (Class Central)
- As of Jan 2021 there were 335 courses with over 100k enrollments (Class Central)
- 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)
- The median number of enrollments per course is 188 (Class Central)
- Each course must contain at least 30 minutes of video and at least five separate lectures (Edsurge)
- The average course length is 4.5 hours and as course length increases, average enrollments also increase (Class Central)
- One of Udemy’s best selling courses is Zero to Hero Python which has over 1.2m students (Business Insider)
- Its most popular course to date is a free Java Tutorial for complete beginners (Class Central)
- Its most popular non IT/coding related course to date is the Ultimate Drawing Course – beginners to advanced (Class Central)
- Udemy’s most popular business related course is An Entire MBA in 1 Course (Course Central)
- 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)
- Udemy for Business costs $360 per year per user (Edsurge)
- 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)
- During the 2020 Black Friday sale, Udemy began actively promoting their Udemy Personal Plan to students in some markets for $26.99 a month with access to a curated database of courses (Class Central)
People
- A total of over $700m has been earned by instructors and over 11 billion minutes of learning consumed
- 44% of women make up Udemy's employee base (Impact Report)
- 41% of management positions are occupied by women (Impact Report)
- Udemy has over 59m learners with 70,000 instructors teaching 185,000 courses in more than 75 languages (Udemy – About Us)
- It has customers in 190 countries (Forbes)
- By January 2021 it has 425m course enrollments (Class Central)
- 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)
- 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
- Udemy has 136m+ visits to its website every month (Semrush 2023)
- It is rated 810 based on its monthly web visitors (Crunchbase 2023)
- Udemy sees roughly twice as many sessions as Coursera (Class Central)
- India (22%), The US (15%) and Turkey (5% ) drive the most traffic to the site
- Udemy has 1.6m followers on LinkedIn (Udemy Impact Report)
See also Latest eLearning statistics
Udemy Statistics – Frequently asked questions
Udemy was founded in 2009 by Eren Bali with a mission to improve lives through learning
To date Udemy has helped over 49 million learners
There are over 185,000 courses are available on Udemy
Sources
- https://about.udemy.com/wp-content/uploads/2022/07/Udemy-ESG-Social-Impact-Report-1.pdf
- https://investors.udemy.com/news-releases/news-release-details/udemy-reports-fourth-quarter-and-full-year-2022-results
- 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
Liz Hurley has 30+ years of high school teaching experience and is one of our senior writers here at Learnopoly.
I am interested in instructing a few courses on the UDEMY platform. What is the average age of the UDEMY student? This will be helpful in determining if there would be an audience for my courses.
Hi John. Apparently, udemy’s audience is 67% male and 33 female. The largest age group of visitors are 25-34 year olds. Hope that helps!