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Udemy Priced, Nasdaq: UDMY

Online education marketplace offering user-generated courses.

Industry: Technology

Latest Trade: $11.01 -0.08 (-0.7%)

First Day Return: -5.2%

Return from IPO: -61.8%

Industry: Technology

Our mission is to create new possibilities for people and organizations everywhere by connecting them to the knowledge and skills they need to succeed in a changing world. Our marketplace platform, with thousands of up-to-date courses in dozens of languages, provides the tools that learners, instructors, and enterprises need to achieve their goals and reach their full potential. We believe traditional education and training methods are fast becoming outdated. Technological advancements and novel industries have significantly altered the types of skills required of workers, and lifelong training and continuous skills acquisition are becoming the norm. There is a clear need to expand access to learning across traditional barriers such as geography and social demographics. Udemy operates a two-sided marketplace where our instructors develop content to meet learner demand. Courses can be accessed through our direct-to-consumer or Udemy Business, or UB, offerings. Our platform provides over 44 million learners with access to over 183,000 courses in 75 languages and over 180 countries. Since inception, more than 73 million users have registered with Udemy. Udemy courses address learning objectives such as reskilling or upskilling in technology and business, enhancing soft skills, and personal development.
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IPO Data
IPO File Date 10/05/2021
Offer Price $29.00
Price Range $27.00 - $29.00
Offer Shares (mm) 14.5
Deal Size ($mm) $421
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/28/2021
Offer Price $29.00
Price Range $27.00 - $29.00
Offer Shares (mm) 14.5
Deal Size ($mm) $421
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Morgan Stanley
J.P. Morgan
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Company Data
Headquarters San Francisco, CA, United States
Founded 2010
Employees 1,013
Website www.udemy.com

Udemy (UDMY) Performance