Coursera Inc. is an online education provider that offers students access to massive open online courses (MOOCs), specializations, and even degrees. Founded in 2012 by Stanford computer science professors Andrew Ng and Daphne Koller, Coursera doesn't actually create educational content itself. Rather, the company partners with universities and other organizations to provide them with an online platform that students pay to gain access to. The site offers individual courses as well as bachelor's and master's degree programs that reduce barriers to higher education. There are also professional certificate programs designed to aid workers in securing new roles or promotions.

A Global Leader

Today, Coursera also partners with businesses, governments, and nonprofits, like Amazon, Automation Anywhere, Cisco, Google, Goldman Sachs, Salesforce, as well as 140 of the world’s best universities and educational institutions. Coursera is partnered with over 200 institutions from 43 countries and offers more than 3,200 courses in 13 languages. Its base of users, who Coursera calls “learners,” has grown from 26 million in 2017 to 40 million in 2019. This makes Coursera the largest provider in the online education market, which is projected to be worth between $42.97 billion and $65.48 billion worldwide by 2026. Partners are incentivized to use Coursera because the company pays their partners 6% to 15% of gross revenues for the courses of that partner. They have raised $443.1 million over 9 funding rounds in the past 9 years. Most recently raising $130 million in July 2020.