Funding round
MasterClass Seed
MasterClass, which works in online education services in San Francisco, raised $1.9M in a Seed round announced on 1 Jan 2014, led by Harrison Metal. 1 firm took part. It is MasterClass' first venture round on record.
$1.9M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
MasterClass did not disclose a valuation in this round. It is MasterClass' first venture round on record, in the year it was founded (2014). It is under 1% of the $461M MasterClass has raised in the venture rounds on record. MasterClass raised again 12 months later: a Series A round of $4.5M in Jan 2015. Its next priced round, a Series E in May 2020, valued it at $800M.
MasterClass' funding rounds
MasterClass has 7 venture rounds on record. This one is highlighted.
- Seed this round 1 Jan 2014, led by Harrison Metal $1.9M
- Series A 1 Jan 2015, led by Javelin Venture Partners $4.5M
- Series B 23 Feb 2016, led by New Enterprise Associates $15M
- Series C 28 Mar 2017, led by Institutional Venture Partners $35M
- Series D 1 Sep 2018, led by Institutional Venture Partners $80M
- Series E 20 May 2020, led by Fidelity Management & Research Company and Fidelity $100M$800M post-money
- Series F 13 May 2021, led by Fidelity Management & Research Company $225M$2.75B post-money
Investors
Who put money in
Harrison Metal led the round.
Lead investor
- backs 33 venture-backed companies new investor
Comparable rounds
How it compares
The closest in time: 1 in Learning, Tutoring & Courses, then Seed rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Learning, Tutoring & Courses | 12 Aug 2014 | $245K | not disclosed | not named |
| Tech Companies | 22 Jan 2014 | $10M | not disclosed | not named |
| Groceries | 1 Jan 2014 | $8.0M | not disclosed | not named |
| Medical Supply Manufacturers | 17 Jan 2014 | $2.4M | not disclosed | AIB Seed Capital Fund |
| Tech Companies | 1 Jan 2014 | $2.0M | not disclosed | not named |
| Automobile Dealers & Manufacturers | 1 Jan 2014 | $2.0M | not disclosed | not named |
| Clothing Manufacturers | 1 Jan 2014 | $2.0M | not disclosed | not named |
| Tech Companies | 1 Jan 2014 | $2.0M | not disclosed | Rincon Venture Partners and Daher Capital |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did MasterClass raise in its Seed round?
MasterClass raised $1.9M in its Seed round, announced in Jan 2014.
Who led MasterClass' Seed round?
Harrison Metal led it.
What was MasterClass' valuation at the Seed round?
It was not disclosed.
Did MasterClass raise again after this round?
Yes: a Series A round in Jan 2015 of $4.5M.