Accelerating Its Vision To Enrich Learning Experiences, Course Hero Inc. Raises $380M Series C

Dec 14, 2021•over 3 years ago

Amount Raised

$380 Million

Round Type

series c

Redwood

Description

Course Hero Inc., a leading education platform offering a suite of learning resources and tools for learners, today announced it has raised $380M in Series C funding, now valuing the company at $3.6 billion. With these funds, the company plans to accelerate its goal of building a rich and dynamic learning ecosystem to meet the evolving range of study needs for today's learners. The Series C funding round was led by Wellington Management with participation from new investors Sequoia Capital Global Equities, OMERS Growth Equity and D1 Capital Partners, as well as existing investors including, GSV Ventures, NewView Capital, SuRo Capital, TPG and Valiant Peregrine Fund.

Company Information

Company

Course Hero

Location

Redwood, Minnesota, United States

About

Course Hero Inc. is a leading education platform, offering a suite of learning resources and tools to help anyone learn more deeply, more effectively, and affordably throughout the arc of their career. The Course Hero, Inc. portfolio includes Course Hero, an online learning platform of academic resources; CliffsNotes, the original and iconic study guide company; LitCharts, a creator of literature resources; QuillBot, an AI-powered platform helping people improve their writing skills, and Symbolab, a pioneering developer of AI for Mathematics Education. Headquartered in Redwood City, CA, the company is a virtual-first organization with office hubs throughout the U.S., Canada, Israel and India. SOURCE Course Hero

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech