Udacity

Udacity

Online platform for tech skills education

About

Udacity is an online education platform that teaches tech skills such as programming, data science, artificial intelligence, and digital marketing. The courses are designed with input from industry leaders and focus on hands-on learning through real-world projects. Unlike many competitors, Udacity provides extensive support, including 24/7 mentor assistance. The goal is to offer high-quality, relevant education that helps individuals advance their careers and supports corporate workforce training.

Company Stage

Debt Financing

Employees

1,001-5,000

Industries

Education

Total Funding

$155.6M

Headquarters

Mountain View, California

Founded

2011


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Simplify's Take

What believers are saying

  • Increased demand for remote learning boosts Udacity's user base.
  • Rise of micro-credentials aligns with Udacity's Nanodegree offerings.
  • Growing emphasis on lifelong learning supports Udacity's mission.

What critics are saying

  • Competition from free resources like Coursera could impact market share.
  • Rapid tech changes require constant course updates to stay relevant.
  • Accenture acquisition may lead to strategic shifts alienating customers.

What makes Udacity unique

  • Udacity offers hands-on learning with real-world projects and datasets.
  • Nanodegree programs provide industry-endorsed credentials for tech skills.
  • 24/7 mentor support enhances student learning and course progression.

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Growth & Insights
Headcount

6 month growth

-6%

1 year growth

-6%

2 year growth

-6%

Benefits

Health Care - No-premium health, dental, and vision benefits, 401K, FSA

Lifestyle - Monthly wellness stipend (gym memberships, work-out gear, etc.)

Learning - Reimbursements for conferences, classes, and seminars

Flexibility - Flexible work hours, unlimited vacation, and paid parental leave

Meals - Healthy catered lunches, dinners, snacks, and drinks on site

Fun - Board games, team outings, company parties, and more

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