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MasterClass valuation, funding and investors

masterclass.com ↗LinkedIn ↗

MasterClass works in online education services, based in San Francisco, United States. Founded in 2014, it has about 803 employees.

San Francisco Series F
VALUATION · TODAY
$2.29B −6% after Series F
Range $185M – $4.04B · Grade D
TODAY
+12 MO
$2.00B
$4.00B
$6.00B
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Seed $1.90M
Series A $4.50M
Series B $15.0M
Series C $35.0M
Series D $80.0M
Series E $100M
Series F $225M
Valuation12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY803 employees
+2%6m growth
+9%1y growth
+12%2y growth
500
1,000
Data from Jan 2021
TODAY
Predicted in 1 yr $2.14B −6% vs today
Predicted next raise $466M if a round comes
Winding-down probability 0%
Last round
Series F · $225M · May 2021
Valuation at last round
$2.75B
Headcount
803 · flat
Grade
D
Founded
2014
How VCMC values companies →

MasterClass valuation today

VCMC values MasterClass at $2.3B today, with a range of $185M to $4.0B and a grade of D. The valuation starts from its last funding round, a Series F round in May 2021.

Valuation by date (162 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

MasterClass: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2014$7.60M$4.99M – $23.1M$15.2M (+100%)after a round–unknownC0%
2 Jan 2014$7.61M$4.99M – $23.1M$15.2M (+100%)after a round–unknownC0%
1 Feb 2014$8.06M$4.99M – $23.1M$15.2M (+89%)after a round–unknownC0%
1 Mar 2014$8.50M$4.99M – $23.1M$15.2M (+79%)after a round–unknownC0%
1 Apr 2014$9.02M$4.99M – $23.1M$15.2M (+69%)after a round–unknownC0%
1 May 2014$9.54M$4.99M – $23.1M$15.2M (+59%)after a round–unknownC0%
1 Jun 2014$10.1M$4.99M – $23.1M$15.2M (+50%)after a round–unknownC0%
1 Jul 2014$10.7M$4.99M – $23.1M$15.2M (+42%)after a round–unknownC0%
1 Aug 2014$11.4M$4.99M – $23.1M$15.2M (+34%)after a round–unknownC0%
1 Sep 2014$12.1M$4.99M – $23.1M$15.2M (+26%)after a round–unknownC0%
1 Oct 2014$12.8M$4.99M – $23.1M$15.2M (+19%)after a round–unknownC0%
1 Nov 2014$13.5M$4.99M – $23.1M$15.2M (+12%)after a round–unknownC0%
1 Dec 2014$14.3M$4.99M – $23.1M$15.2M (+6%)after a round–unknownC0%
1 Jan 2015$21.2M$14.9M – $54.1M$38.1M (+80%)after a round–unknownC0%
2 Jan 2015$21.2M$14.9M – $54.1M$38.1M (+80%)after a round–unknownC0%
1 Feb 2015$22.3M$14.9M – $54.1M$38.1M (+71%)after a round–unknownC0%
1 Mar 2015$23.3M$14.9M – $54.1M$38.1M (+64%)after a round–unknownC0%
1 Apr 2015$24.5M$14.9M – $54.1M$38.1M (+56%)after a round–unknownC0%
1 May 2015$25.7M$14.9M – $54.1M$38.1M (+48%)after a round–unknownC0%
1 Jun 2015$27.0M$14.9M – $54.1M$38.1M (+41%)after a round–unknownC0%
1 Jul 2015$28.3M$14.9M – $54.1M$38.1M (+35%)after a round–unknownC0%
1 Aug 2015$29.8M$14.9M – $54.1M$38.1M (+28%)after a round–unknownC0%
1 Sep 2015$31.3M$14.9M – $54.1M$38.1M (+22%)after a round–unknownC0%
1 Oct 2015$32.9M$14.9M – $54.1M$38.1M (+16%)after a round–unknownC0%
1 Nov 2015$34.5M$14.9M – $54.1M$38.1M (+10%)after a round–unknownC0%
1 Dec 2015$36.3M$14.9M – $54.1M$38.1M (+5%)after a round–unknownC0%
1 Jan 2016$38.1M$14.9M – $54.1M$38.1M (0%)after a round–unknownC0%
1 Feb 2016$38.1M$14.2M – $54.1M$38.1M (0%)after a round–unknownC0%
24 Feb 2016$77.9M$54.8M – $166M$117M (+50%)after a round–unknownB0%
1 Mar 2016$78.4M$54.8M – $166M$117M (+49%)after a round–unknownB0%
1 Apr 2016$81.2M$54.8M – $166M$117M (+44%)after a round–unknownB0%
1 May 2016$83.9M$54.8M – $166M$117M (+39%)after a round–unknownB0%
1 Jun 2016$86.9M$54.8M – $166M$117M (+34%)after a round–unknownB0%
1 Jul 2016$89.8M$54.8M – $166M$117M (+30%)after a round–unknownB0%
1 Aug 2016$93.0M$54.8M – $166M$117M (+26%)after a round–unknownB0%
1 Sep 2016$96.2M$54.8M – $166M$117M (+21%)after a round–unknownB0%
1 Oct 2016$99.5M$54.8M – $166M$117M (+17%)after a round–unknownB0%
1 Nov 2016$103M$54.8M – $166M$117M (+13%)after a round–unknownB0%
1 Dec 2016$106M$54.8M – $166M$117M (+10%)after a round–unknownB0%
1 Jan 2017$110M$54.8M – $166M$117M (+6%)after a round–unknownB0%
1 Feb 2017$114M$54.8M – $166M$117M (+2%)after a round–unknownB0%
1 Mar 2017$117M$54.3M – $166M$117M (0%)after a round–unknownB0%
29 Mar 2017$232M$163M – $427M$301M (+30%)after a round–unknownB0%
1 Apr 2017$232M$163M – $427M$301M (+30%)after a round–unknownB0%
1 May 2017$237M$163M – $427M$301M (+27%)after a round–unknownB0%
1 Jun 2017$242M$163M – $427M$301M (+24%)after a round–unknownB0%
1 Jul 2017$248M$163M – $427M$301M (+21%)after a round–unknownB0%
1 Aug 2017$253M$163M – $427M$301M (+19%)after a round–unknownB0%
1 Sep 2017$259M$163M – $427M$301M (+16%)after a round–unknownB0%
1 Oct 2017$265M$163M – $427M$301M (+14%)after a round–unknownB0%
1 Nov 2017$271M$163M – $427M$301M (+11%)after a round–unknownB0%
1 Dec 2017$276M$163M – $427M$301M (+9%)after a round–unknownB0%
1 Jan 2018$283M$163M – $427M$301M (+6%)after a round–unknownB0%
1 Feb 2018$289M$163M – $427M$301M (+4%)after a round–unknownB0%
1 Mar 2018$295M$163M – $427M$301M (+2%)after a round–unknownB0%
1 Apr 2018$301M$162M – $427M$301M (0%)after a round–unknownB0%
1 May 2018$301M$155M – $427M$301M (0%)after a round–unknownB0%
1 Jun 2018$301M$148M – $427M$301M (0%)after a round–unknownB0%
1 Jul 2018$301M$141M – $427M$301M (0%)after a round–unknownB0%
1 Aug 2018$301M$135M – $427M$301M (0%)after a round–unknownB0%
1 Sep 2018$730M$514M – $1.3B$949M (+30%)after a round–unknownB0%
2 Sep 2018$731M$514M – $1.3B$949M (+30%)after a round–unknownB0%
1 Oct 2018$746M$514M – $1.3B$949M (+27%)after a round–unknownB0%
1 Nov 2018$763M$514M – $1.3B$949M (+24%)after a round–unknownB0%
1 Dec 2018$779M$514M – $1.3B$949M (+22%)after a round–unknownB0%
1 Jan 2019$797M$514M – $1.3B$949M (+19%)after a round–unknownB0%
1 Feb 2019$815M$514M – $1.3B$949M (+16%)after a round–unknownB0%
1 Mar 2019$831M$514M – $1.3B$949M (+14%)after a round–unknownB0%
1 Apr 2019$850M$514M – $1.3B$949M (+12%)after a round–unknownB0%
1 May 2019$869M$514M – $1.3B$949M (+9%)after a round–unknownB0%
1 Jun 2019$888M$514M – $1.3B$949M (+7%)after a round–unknownB0%
1 Jul 2019$908M$514M – $1.3B$949M (+5%)after a round–unknownB0%
1 Aug 2019$928M$514M – $1.3B$949M (+2%)after a round–unknownB0%
1 Sep 2019$949M$514M – $1.3B$949M (0%)after a round–unknownB0%
1 Oct 2019$949M$492M – $1.3B$949M (0%)after a round–unknownB0%
1 Nov 2019$949M$470M – $1.3B$949M (0%)after a round–unknownB0%
1 Dec 2019$949M$449M – $1.3B$949M (0%)after a round–unknownB0%
1 Jan 2020$949M$429M – $1.3B$949M (0%)after a round–unknownB0%
1 Feb 2020$949M$409M – $1.3B$949M (0%)after a round–unknownB0%
1 Mar 2020$949M$392M – $1.3B$949M (0%)after a round–unknownC0%
1 Apr 2020$949M$374M – $1.3B$949M (0%)after a round–unknownC0%
1 May 2020$949M$358M – $1.3B$949M (0%)after a round–unknownC0%
21 May 2020$801M$695M – $1.2B$1.0B (+30%)after a round–unknownA0%
1 Jun 2020$807M$695M – $1.2B$1.0B (+29%)after a round–unknownA0%
1 Jul 2020$825M$695M – $1.2B$1.0B (+26%)after a round–unknownA0%
1 Aug 2020$843M$695M – $1.2B$1.0B (+23%)after a round–unknownA0%
1 Sep 2020$862M$695M – $1.2B$1.0B (+21%)after a round–unknownA0%
1 Oct 2020$881M$695M – $1.2B$1.0B (+18%)after a round–unknownA0%
1 Nov 2020$901M$695M – $1.2B$1.0B (+15%)after a round–unknownA0%
1 Dec 2020$920M$695M – $1.2B$1.0B (+13%)after a round–unknownA0%
1 Jan 2021$941M$695M – $1.2B$1.0B (+11%)after a round370unknownA0%
1 Feb 2021$962M$695M – $1.2B$1.0B (+8%)after a round370unknownA0%
1 Mar 2021$982M$695M – $1.2B$1.0B (+6%)after a round370unknownA0%
1 Apr 2021$1.0B$695M – $1.2B$1.0B (+4%)after a round370flatA0%
1 May 2021$1.0B$695M – $1.2B$1.0B (+1%)after a round370flatA0%
14 May 2021$2.8B$2.4B – $4.1B$3.6B (+30%)after a round370flatA0%
1 Jun 2021$2.8B$2.4B – $4.1B$3.6B (+28%)after a round370flatA0%
1 Jul 2021$2.8B$2.4B – $4.1B$3.6B (+26%)after a round370flatA0%
1 Aug 2021$2.9B$2.4B – $4.1B$3.6B (+23%)after a round370flatA0%
1 Sep 2021$3.0B$2.4B – $4.1B$3.6B (+20%)after a round370flatA0%
1 Oct 2021$3.0B$2.4B – $4.1B$3.6B (+17%)after a round370flatA0%
1 Nov 2021$3.1B$2.4B – $4.1B$3.6B (+15%)after a round370flatA0%
1 Dec 2021$3.2B$2.4B – $4.1B$3.6B (+12%)after a round370flatA0%
1 Jan 2022$3.3B$2.4B – $4.1B$3.6B (+10%)after a round370flatA0%
1 Feb 2022$3.3B$2.4B – $4.1B$3.6B (+8%)after a round370flatA0%
1 Mar 2022$3.4B$2.4B – $4.1B$3.6B (+5%)after a round370flatA0%
1 Apr 2022$3.5B$2.4B – $4.1B$3.6B (+3%)after a round370flatA0%
1 May 2022$3.5B$2.4B – $4.1B$3.6B (+1%)after a round370flatA0%
1 Jun 2022$3.6B$2.3B – $4.1B$3.6B (0%)after a round370flatA0%
1 Jul 2022$3.6B$2.2B – $4.1B$3.6B (0%)after a round370flatB0%
1 Aug 2022$3.6B$2.1B – $4.1B$3.6B (0%)after a round370unknownB0%
1 Sep 2022$3.6B$2.0B – $4.1B$3.6B (0%)after a round370unknownB0%
1 Oct 2022$3.6B$1.9B – $4.1B$3.6B (0%)after a round370unknownB0%
1 Nov 2022$3.6B$1.8B – $4.1B$3.6B (0%)after a round370unknownB0%
1 Dec 2022$3.6B$1.8B – $4.1B$3.6B (0%)after a round370unknownB0%
1 Jan 2023$4.1B$1.8B – $4.7B$4.1B (0%)after a round660unknownB0%
1 Feb 2023$4.1B$1.8B – $4.7B$4.1B (0%)after a round660unknownB0%
1 Mar 2023$4.1B$1.7B – $4.7B$4.1B (0%)after a round660unknownB0%
1 Apr 2023$4.1B$1.7B – $4.7B$4.1B (0%)after a round660unknownB0%
1 May 2023$4.1B$1.6B – $4.7B$4.1B (0%)after a round660unknownB0%
1 Jun 2023$4.1B$1.4B – $4.7B$4.1B (0%)after a round660unknownB0%
1 Jul 2023$4.1B$1.4B – $4.7B$4.1B (0%)after a round660unknownC0%
1 Aug 2023$4.1B$1.3B – $4.7B$4.1B (0%)after a round660unknownC0%
1 Sep 2023$4.1B$1.2B – $4.7B$4.1B (0%)after a round660unknownC0%
1 Oct 2023$4.1B$1.2B – $4.7B$4.0B (-3%)after a round700flatC0%
1 Nov 2023$4.1B$1.1B – $4.7B$4.0B (-4%)after a round700flatC0%
1 Dec 2023$4.1B$1.1B – $4.7B$3.9B (-4%)after a round700flatC0%
1 Jan 2024$4.1B$1.0B – $4.7B$3.9B (-5%)after a round700flatC0%
1 Feb 2024$4.1B$982M – $4.7B$3.9B (-5%)after a round710flatC0%
1 Mar 2024$4.1B$937M – $4.7B$3.9B (-6%)after a round710flatC0%
1 Apr 2024$4.1B$890M – $4.7B$3.9B (-6%)after a round710flatC0%
1 May 2024$4.1B$847M – $4.7B$3.8B (-7%)after a round710flatC0%
1 Jun 2024$4.1B$805M – $4.7B$3.8B (-7%)after a round710flatC0%
1 Jul 2024$4.1B$767M – $4.7B$3.8B (-7%)after a round710flatC0%
1 Aug 2024$4.1B$731M – $4.7B$3.7B (-9%)after a round720flatC0%
1 Sep 2024$4.0B$694M – $4.6B$3.7B (-9%)after a round720flatC0%
1 Oct 2024$4.0B$661M – $4.6B$3.6B (-9%)after a round720flatC0%
1 Nov 2024$4.0B$632M – $4.6B$3.7B (-8%)after a round740flatC0%
1 Dec 2024$4.0B$602M – $4.6B$3.7B (-8%)after a round740flatD0%
1 Jan 2025$3.9B$572M – $4.5B$3.6B (-8%)after a round740flatD0%
1 Feb 2025$3.9B$543M – $4.5B$3.6B (-8%)after a round740flatD0%
1 Mar 2025$3.9B$519M – $4.5B$3.6B (-8%)after a round740flatD0%
1 Apr 2025$3.9B$493M – $4.5B$3.6B (-8%)after a round740flatD0%
1 May 2025$3.8B$469M – $4.4B$3.5B (-8%)after a round740flatD0%
1 Jun 2025$3.8B$446M – $4.4B$3.5B (-8%)after a round740flatD0%
1 Jul 2025$3.9B$429M – $4.5B$3.6B (-7%)after a round771flatD0%
1 Aug 2025$3.8B$407M – $4.4B$3.6B (-7%)after a round768flatD0%
1 Sep 2025$3.8B$387M – $4.4B$3.6B (-7%)after a round768flatD0%
1 Oct 2025$3.7B$365M – $4.3B$3.4B (-8%)after a round738flatD0%
1 Nov 2025$3.7B$347M – $4.2B$3.4B (-8%)after a round738flatD0%
1 Dec 2025$3.7B$334M – $4.3B$3.4B (-8%)after a round776flatD0%
1 Jan 2026$3.7B$317M – $4.2B$3.4B (-8%)after a round776flatD0%
1 Feb 2026$3.7B$302M – $4.3B$3.4B (-7%)after a round786flatD0%
1 Mar 2026$3.6B$289M – $4.2B$3.3B (-8%)after a round786flatD0%
1 Apr 2026$3.6B$282M – $4.1B$3.3B (-8%)after a round786flatD0%
1 May 2026$3.6B$282M – $4.1B$3.3B (-8%)after a round786flatD0%
1 Jun 2026$3.6B$284M – $4.1B$3.3B (-8%)after a round804flatD0%
1 Jul 2026$3.6B$284M – $4.1B$3.3B (-8%)after a round804flatD0%
1 Aug 2026$3.6B$284M – $4.1B$3.3B (-8%)after a round811flatD0%
1 Sep 2026$3.5B$284M – $4.1B$3.3B (-8%)after a round811flatD0%
1 Oct 2026$3.5B$284M – $4.1B$3.3B (-7%)after a round803flatD0%
24 Oct 2026$2.3B$185M – $4.0B$2.1B (-6%)after a round803flatD0%

Key facts about MasterClass

Founded
2014
Headquarters
San Francisco, United States
Employees
about 803 +9% in a year
Total raised
$461M
Funding rounds
7
Last round
Series F May 2021

MasterClass was founded in 2014 by Aaron Rasmussen and David Rogier.

MasterClass funding history

MasterClass has 7 funding rounds on record, from Jan 2014 to May 2021, $461M in total. The latest disclosed valuation is $2.75B post-money (Series F, May 2021).

  1. Series F 13 May 2021

    Led by Fidelity Management & Research Company; with Baillie Gifford, Balyasny Asset Management, Eldridge, Institutional Venture Partners, Javelin Venture Partners, New Enterprise Associates, Owl Ventures, 01A, Atomico, Bonnier Capital, Cleo Capital, Dan Capital, NewView Capital, NextEquity Partners, Outlier Ventures, Powerhouse Capital, RPS Ventures, Family Office of Ronald Lauder, UTA.

    Sources: prnewswire.com, cnbc.com, citybiz.co and 3 more

    $225M

    $2.75B post-money

  2. Series E 20 May 2020

    Led by Fidelity Management & Research Company, Fidelity; with Owl Ventures, 01A, New Enterprise Associates, Institutional Venture Partners, Atomico, NextEquity Partners, Powerhouse Capital, True Capital Management, Sand Hill Angels, Gaingels, Quiet Capital.

    Sources: edsurge.com, prnewswire.com, techcrunch.com and 1 more

    $100M

    $800M post-money

  3. Series D 1 Sep 2018

    Led by Institutional Venture Partners.

    $80M

  4. Series C 28 Mar 2017

    Led by Institutional Venture Partners; with GSV Acceleration, New Enterprise Associates, Javelin Venture Partners, Bloomberg Beta, Advancit Capital, TMT Investments, MX Investments, B Capital, BAM Elevate, UTA Ventures. Individuals: Sam Lessin.

    Sources: techcrunch.com, variety.com, prnewswire.com

    $35M

  5. Series B 23 Feb 2016

    Led by New Enterprise Associates; with Javelin Venture Partners, Harrison Metal, Bloomberg Beta, Novel TMT Ventures, Advancit Capital, WME Ventures, Downey Ventures, MX Investments. Individuals: Usher, Robert Downey Jr..

    Sources: vcpost.com, techcrunch.com, variety.com and 1 more

    $15M

  6. Series A 1 Jan 2015

    Led by Javelin Venture Partners; with Harrison Metal, Bloomberg Beta, Advancit Capital, WME Entertainment, Otter Rock Capital, Foxtelecolombia.

    $4.5M

  7. Seed 1 Jan 2014

    Led by Harrison Metal.

    Sources: en.wikipedia.org

    $1.9M

MasterClass investors

41 investors have backed MasterClass; Institutional Venture Partners, Javelin Venture Partners and New Enterprise Associates and 3 more led at least one round.

  • Institutional Venture Partners lead, 4 rounds
  • New Enterprise Associates lead, 4 rounds
  • Fidelity Management & Research Company lead, 2 rounds
  • Fidelity lead
  • Bloomberg Beta 3 rounds
  • 01A 2 rounds
  • Atomico 2 rounds
  • MX Investments 2 rounds
  • Powerhouse Capital 2 rounds
  • B Capital
  • Baillie Gifford
  • Balyasny Asset Management
  • BAM Elevate
  • Dan Capital
  • Downey Ventures
  • Eldridge
  • Family Office of Ronald Lauder
  • Foxtelecolombia
  • Gaingels
  • GSV Acceleration
  • Institutional Venture Partners
  • Novel TMT Ventures
  • Otter Rock Capital
  • True Capital Management
  • UTA
  • UTA Ventures
  • WME Entertainment
  • WME Ventures

What MasterClass does

MasterClass works in learning, tutoring & courses, with 14 recorded offerings and customers in education.

Yanka Industries, Inc., known as MasterClass, is an American company that operates an online education platform offering subscription-based access to pre-recorded tutorials and lectures taught by industry experts. The company provides educational content in areas such as acting, music, writing, science, technology, cooking, and interior design, and serves a global audience through multiple languages and digital formats. MasterClass also conducts education research and utilizes AI technologies to support personalized learning.

Description from Veridion's company data.

Products and services

  • Online Education Services
  • Subscription-Based Course Access Services
  • Multi-Subject Course Services
  • AI-Powered Learning Tools Development
  • Education Research Services
  • Personalized Learning Experience Services
  • Mobile Learning Application Services
  • Streaming Education Platform Services
  • Multilingual Education Content Services
  • Group Subscription Services
  • Pre-Enrollment Course Sales
  • Diversity and Inclusion Education Services
  • Expert Instructor Education Services
  • Social Responsibility Education Services

Markets

  • Education

Technology

  • AI-Powered Personalized Learning

Business model

  • Business-to-Consumer
  • Subscription-Based

Industry codes (NAICS)

  • 611699 All Other Miscellaneous Schools and Instruction 100% match

Questions about MasterClass

What is MasterClass worth?

Valuation $2.3B (range $185M to $4.0B), as of 24 Oct 2026. The last disclosed valuation was $2.75B (Series F, May 2021).

Has MasterClass raised money?

MasterClass has 7 funding rounds on record, from Jan 2014 to May 2021, $461M in total. The latest disclosed valuation is $2.75B post-money (Series F, May 2021).

Who has invested in MasterClass?

Institutional Venture Partners, Javelin Venture Partners, New Enterprise Associates, Harrison Metal, Fidelity Management & Research Company and Fidelity, and 35 more. Lead investors include Institutional Venture Partners, Javelin Venture Partners, New Enterprise Associates and Harrison Metal.

How many people work at MasterClass?

About 803, up 9% over the last year. Headcount grew from 370 in Jan 2021 to 803 in Sep 2026.

What does MasterClass do?

MasterClass works in learning, tutoring & courses, with 14 recorded offerings and customers in education. Its main offerings are online education services, subscription-based course access services and multi-subject course services.

When was MasterClass founded, and where is it based?

MasterClass was founded in 2014 and is based in San Francisco, United States. It has about 803 employees, up 9% over the last year.

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