Coursera, a online education platform offering courses in a variety of subjects, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
Coursera has built a global platform connecting learners, educators, and institutions, providing educational content that is affordable, accessible, and relevant. The company partners with over 200 leading educational institutions and industry partners to bring quality higher education to a broad range of individuals, academic institutions, organizations, and governments. As of December 31, 2020, more than 77 million learners had registered on the platform, and over 2,000 organizations, 4,000 academic institutions, and 300 government entities had used the platform to upskill and reskill their employees, students, and citizens.
The Mountain View, CA-based company was founded in 2011 and booked $294 million in sales for the 12 months ended December 31, 2020. It plans to list on the NYSE under the symbol COUR. Coursera filed confidentially on January 7, 2021. Morgan Stanley, Goldman Sachs, Citi and UBS Investment Bank are the joint bookrunners on the deal. No pricing terms were disclosed.
