Venture Capital News: MasterClass Pulls In $225M Series F Round
2021-05-13
SAN FRANCISCO, CA, MasterClass, the streaming platform that makes it possible for anyone to learn from the best, today announced that it has raised $225 million in Series F funding.
The round was led by Fidelity Management & Research Company and with participation from new investors including Baillie Gifford, Balyasny Asset Management and Eldridge together with existing investors IVP, Javelin, NEA and Owl Ventures.
The Series F financing follows a $100M Series E round that MasterClass closed a year ago, bringing its total funding to date to more than $475M.
Launched in 2015, MasterClass is the streaming platform where anyone can learn from the world's best. With an annual membership, subscribers get unlimited access to 100+ instructors and classes across a wide range of subjects, including Arts & Entertainment, Business, Design & Style, Sports & Gaming, Writing and more. Step into Anna Wintour's office, Ron Finley's garden and Neil Gaiman's writing retreat. Get inspired by RuPaul, perfect your pitch with Shonda Rhimes, and discover your inner negotiator with Chris Voss. Each class features about 20 video lessons, at an average of 10 minutes per lesson. You can learn on your own terms-in bite-size pieces or in a single binge. Cinematic visuals and close-up, hands-on demonstrations make you feel like you're one-on-one with the instructors, while the downloadable instructor guides help reinforce your learning. Stream thousands of lessons anywhere, anytime, on mobile, tablet, desktop, Apple TVĀ®, Android TV, Amazon Fire TVĀ® and RokuĀ® players and devices.
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