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// Workers AI · dad joke modeWhat did Udemy say to the student? "You'd me.

From Wikipedia, the free encyclopedia

Udemy, Inc.
Screenshot
Type of businesswholly owned subsidiary
Type of site
Online education
Available in
FoundedMay 11, 2010; 16 years ago (2010-05-11)
HeadquartersSan Francisco, California,
United States
Created by
Key peopleHugo Sarrazin (CEO)[5]
Industry
RevenueIncrease US$786.6 million (2024)[6]
Operating incomeDecrease US$−89 million (2024)[6]
Net incomeDecrease US$−85 million (2024)[6]
Total assetsIncrease US$605 million (2024)[6]
Total equityIncrease US$197.4 million (2024)[6]
Employees1,300[7]
ParentCoursera
URLwww.udemy.com
CommercialYes
RegistrationRequired
Users81 million (2025)[8]
Current statusActive

Udemy (/ˈjuːdəmi/ YOO-də-mee) is a US-based education technology company. Founded as a massive open online course (MOOC) provider in 2010 by Eren Bali, Gagan Biyani, and Oktay Caglar; the company is based in San Francisco, California,[9] with offices in the United States, Australia, India, Ireland, Mexico and Turkey.[10] Its education platform allows both the creation and sharing of online courses. By early 2025, Udemy claimed to have millions of individual users. Courses are typically video-based and on-demand.[11]

History

[edit]

In 2007, Eren Bali and Oktay Caglar created a live virtual classroom while living in Turkey. They moved to Silicon Valley two years later, where they founded Udemy with Gagan Biyani in early 2010.[12] In February 2010, the founders tried to raise venture capital funding, but were rejected 30 times, according to Gagan Biyani. They bootstrapped development of the product and launched Udemy in May 2010.[13] Within a few months, 1,000 instructors had created about 2,000 courses. It raised $1 million in venture funding by August 2010.[14][15] Early on, Udemy was described by some sources as a MOOC platform.[16][17]

On April 22, 2014, chief operating officer Dennis Yang succeeded Eren Bali as CEO.[18] In November 2015, Udemy was criticized for profiting from pirated courses on its platform.[19][20] In 2018, the company expanded its existing anti-piracy efforts via Link-Busters.[21] On February 5, 2019, the Udemy board appointed Gregg Coccari as CEO.[22]

As of November 2020, Udemy had raised $273 million in funding from investors, including Tencent Holdings; its valuation was estimated at $3.25 billion;[23] and it had ranked on Fortune's annual Change the World list.[24] By June 2021, Udemy had not generated a profit,[25] with an accumulated deficit of $407.9 million.[26]

On October 29, 2021, Udemy held its IPO in the U.S.[27] In February 2023, the company began offering over 100 courses in Hindi.[2] In February 2023, Greg Coccari announced his retirement as CEO and chairman, to be succeeded by Greg Brown.[28] In 2024, Udemy announced that it would be cutting the percentage of revenues that academic labor received.[29] By that September, it had laid off 30% of its employees and announced plans to hire in lower-cost regions.[9]

Co-founder Eren Bali returned as chief technology officer in August 2024.[30] He was replaced by Ozzie Goldschmied in June 2025.[citation needed]

In early 2025, it was announced that Hugo Sarrazin would replace Greg Brown as CEO. Shares in the company fell by 8.5% shortly after,[31] before rebounding in the second quarter.[32][33] In June 2025 Udemy acquired the image-generation tool Lummi, with the goal of allowing instructors to add AI-generated content to Udemy courses.[34]

In August 2025, Udemy reported its first positive net income since its IPO.[33] The company also began offering its platform in Arabic.[1]

In December 2025, Coursera agreed to acquire Udemy for about $930 million in equity, valuing the combined company at $2.5 billion.[35]

Products and services

[edit]

Udemy is an online education platform that allows instructors to host online courses and upload videos and other educational materials.[36] Courses are offered in various categories, including business, academics, health and fitness, and music,[36][37] with most covering practical subjects, such as AWS and Azure training, Excel software, or using an iPhone camera.[38]

Courses on Udemy can be paid or free, depending on the instructor.[39] In 2015, the top 10 instructors made $17 million in total revenue.[40]

In 2013, Udemy offered an app for Apple iOS.[41] The Android version was launched in 2014.[42] As of January 2014, the iOS app had been downloaded over 1 million times, with 20% of its users accessing their courses via mobile.[43] In 2016, Udemy was also accessible via Apple TV.[44]

Introduced in late 2024, the Udemy AI Assistant is a natural language chat interface integrated into the platform, with a "skills mapping" feature.[45] In August 2025, Udemy launched its Model Context Protocol (MCP) server, which embeds training into enterprise and employee workflows.[46]

See also

[edit]

References

[edit]
  1. 1 2 "Udemy launches AI-powered platform in Arabic as it plans expansion across the Middle East". EdTech Innovation Hub. Archived from the original on October 7, 2025. Retrieved October 2, 2025.
  2. 1 2 "Udemy Business Launches Courses In Hindi To Expand Effective Skill Development Opportunities In India". ETHRWorld.com. Retrieved October 2, 2025.
  3. ↑ "FUNiX becomes Udemy's strategic partner in Việt Nam". vietnamnews.vn. Archived from the original on December 23, 2025. Retrieved October 2, 2025.
  4. ↑ "Our origins". VentureBeat. June 2, 2016. Archived from the original on May 1, 2021. Retrieved December 12, 2017.
  5. 1 2 "Udemy names Hugo Sarrazin as new CEO as it looks to AI and SaaS expansion". EdTech Innovation. Archived from the original on October 7, 2025. Retrieved March 14, 2025.
  6. 1 2 3 4 5 "Udemy, Inc. 2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. March 25, 2025. Archived from the original on November 4, 2025. Retrieved May 8, 2025.
  7. ↑ "San Francisco tech giant plans to return to the office with AI push, leadership changes". San Francisco Business Times. May 6, 2025. Archived from the original on May 7, 2025. Retrieved October 2, 2025.
  8. ↑ "Learn about Udemy culture, mission, and careers | About Us". Udemy About. Archived from the original on May 13, 2017. Retrieved September 9, 2020.
  9. 1 2 Council, Stephen. "SF ed-tech company worth $1.2B lays off hundreds, will rehire in 'lower cost' places". SFGate. Archived from the original on March 12, 2025. Retrieved March 14, 2025.
  10. ↑ Kumar, Arun (September 1, 2025). "Ramji Sundararajan named President of Consumer at Udemy". The American Bazaar. Retrieved October 2, 2025.
  11. ↑ Lomas, Natasha (May 8, 2014). "Online Learning Marketplace Udemy Raises $32M To Scale Up Internationally". TechCrunch. Archived from the original on August 24, 2018. Retrieved March 9, 2025.
  12. ↑ Eren Bali biography Archived March 16, 2016, at the Wayback Machine. Udemy.com.
  13. ↑ "How Udemy got oversubscribed". Venture Hacks. September 10, 2010. Archived from the original on November 7, 2017. Retrieved March 9, 2025.
  14. ↑ Roushe, Wade (August 31, 2010). "Udemy Collects $1 Million to Expand Casual Learning Platform". Xconomy. Archived from the original on August 19, 2017. Retrieved August 23, 2011.
  15. ↑ Wauters, Robin (August 31, 2010). "Udemy Scores $1M In Seed Funding, Aims To Democratize Online Learning". TechCrunch. Archived from the original on August 13, 2018. Retrieved March 9, 2025.
  16. ↑ "What You Need to Know About MOOCs". Chronicle of Higher Education. August 8, 2012. Archived from the original on March 23, 2013. Retrieved February 12, 2014.
  17. ↑ LEWIN, TAMAR (March 5, 2012). "Instruction for Masses Knocks Down Campus Walls". New York Times. Archived from the original on December 7, 2016. Retrieved February 28, 2017.
  18. ↑ Kolodny, Lora (April 22, 2014). "Udemy Appoints Dennis Yang CEO; Eren Bali Steps Aside to Lead Product". Wall Street Journal. ISSN 0099-9660. Archived from the original on November 26, 2017. Retrieved March 9, 2025.
  19. ↑ Dave Lee (November 30, 2015). "Anger at 'stolen' online courses on Udemy". BBC News. Archived from the original on April 5, 2019. Retrieved December 5, 2015.
  20. ↑ Amar Toor (November 29, 2015). "Udemy faces criticism for profiting from pirated online courses". The Verge. Archived from the original on February 5, 2019. Retrieved December 5, 2015.
  21. ↑ Team, Udemy Instructor (April 25, 2018). "Udemy is Expanding its Anti-Piracy Efforts". Retrieved October 2, 2025.
  22. ↑ Strickland, Brooke (August 9, 2022). "Gregg Coccari came out of retirement to take Udemy to next level". www.bizjournals.com. Retrieved January 25, 2023.
  23. ↑ Adams, Susan. "Udemy Adds More Than $1 Billion To Its Valuation In New Funding Round". Forbes. Archived from the original on June 17, 2025. Retrieved March 9, 2025.
  24. ↑ "Change the World". Fortune. Archived from the original on June 19, 2022. Retrieved June 15, 2022.
  25. ↑ U, Investment (October 17, 2021). "Udemy IPO: EdTech Unicorn Filing Information For Investors". seekingalpha.com. Seeking Alpha. Archived from the original on October 20, 2021. Retrieved October 20, 2021.
  26. ↑ "Form S-1 Registration Statement". www.sec.gov. Securities and Exchange Commission. Archived from the original on October 6, 2021. Retrieved October 26, 2021.
  27. ↑ "Education-Tech Company Udemy Falls in Debut After $421 Million IPO". Bloomberg.com. October 29, 2021. Archived from the original on July 26, 2025. Retrieved November 18, 2024.
  28. ↑ "Udemy Announces CEO Transition". About Udemy. Archived from the original on February 3, 2023. Retrieved August 4, 2025.
  29. ↑ RL Insights (January 8, 2024). "Udemy: Focus On Profitability Via Reduction In Instructor Incentive". seekingalpha.com. Seeking Alpha. Archived from the original on February 18, 2024. Retrieved February 18, 2024.
  30. ↑ Ravindranath, Mohana (August 20, 2024). "Carbon Health founder steps back from top role, Kaiser hospitals roll out AI scribe". STAT. Retrieved June 23, 2025.
  31. ↑ Andersen, Ted (March 12, 2025). "Daily Digest: 'Pokémon Go' sold to Saudi-backed company; Udemy names new CEO". SF Business Journal. Archived from the original on April 6, 2025. Retrieved March 14, 2025.
  32. ↑ Huřťák, Petr (August 12, 2025). "5 Revealing Analyst Questions From Udemy's Q2 Earnings Call". Yahoo! Finance. Archived from the original on November 11, 2025. Retrieved October 2, 2025.
  33. 1 2 "Udemy Q2 2025 earnings show enterprise strength, first profit under new CEO | ETIH EdTech News". EdTech Innovation Hub. Archived from the original on October 6, 2025. Retrieved October 2, 2025.
  34. ↑ "Udemy acquires AI stock image creator Lummi to enhance its courses with AI-generated designs and illustrations". EdTech Innovation Hub. Archived from the original on October 6, 2025. Retrieved October 2, 2025.
  35. ↑ Sriram, Akash (December 17, 2025). "Coursera to buy Udemy, creating $2.5 billion firm to target AI training". Reuters. Archived from the original on December 18, 2025. Retrieved December 19, 2025.
  36. 1 2 "Udemy Review". PCMAG. February 14, 2022. Archived from the original on March 12, 2025. Retrieved March 9, 2025.
  37. ↑ "E-learning: Udemy lance une offre pour les professionnels". Le Monde Informatique. March 16, 2020. Retrieved September 14, 2025.
  38. ↑ Finder, Alan (September 25, 2013). "A Surge in Growth for a New Kind of Online Course". New York Times. Archived from the original on March 27, 2019. Retrieved September 25, 2016.
  39. ↑ Empson, Rip (April 3, 2013). "With Over 6,000 Courses Now Live, Udemy Brings Its Learning Marketplace To iOS To Let You Study On The Go". TechCrunch. AOL. Archived from the original on April 27, 2019. Retrieved May 4, 2013.
  40. ↑ Groden, Claire (June 22, 2016). "Udemy's Exodus, Amazon's Gain". Inverse. Archived from the original on April 6, 2019. Retrieved September 25, 2016.
  41. ↑ Grant, Rebecca (April 2, 2013). "Udemy's new iOS app turns your phone into a 24-hour classroom". VentureBeat. Archived from the original on March 26, 2023. Retrieved March 9, 2025.
  42. ↑ Farr, Christina (January 15, 2014). "Udemy launches its Android app to bring you online education on the go". VentureBeat. Archived from the original on March 28, 2019. Retrieved September 17, 2017.
  43. ↑ Hockenson, Lauren (January 15, 2014). "Udemy brings its education marketplace to Android". Gigaom. Archived from the original on January 17, 2014.
  44. ↑ Reisinger, Don (September 14, 2022). "The best Apple TV apps and games right now". Tom's Guide. Archived from the original on March 22, 2025. Retrieved March 9, 2025.
  45. ↑ "Udemy introduces AI assistant and skills mapping to support enterprise workforce development". Archived from the original on October 7, 2025. Retrieved October 2, 2025.
  46. ↑ "Udemy's AI-Powered Reskilling Platform: A Strategic Powerhouse in the Enterprise AI Revolution". Ainvest. Retrieved October 2, 2025.
[edit]
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