2U is a cloud-based Software-as-a-Service platform that provides schools with the comprehensive operating infrastructure.
2U is a cloud-based Software-as-a-Service platform providing schools with the comprehensive operating infrastructure they need to attract, enroll, educate, support, and graduate students globally. Blending live face-to-face classes, dynamic course content, and real-world learning experiences, 2U’s No Back Row approach ensures that every student can experience the high-quality university education for the most successful outcome. The platform partners with universities to offer online degree programs.2U supplies universities with the tools, expertise, capital, and global recruiting needed to compete in a space currently dominated by unexceptional programs, while developing state-of-the-art technology platforms that enhance traditional offline curricula to create transformative instruction using the best educational and Web 2.0 technologies. The platform provides the vital logistical components of any online program, including comprehensive student support services from enrollment through graduation and beyond as well as practical learning experiences within distant communities around the country.2U partners with colleges and universities to deliver the world’s best online degree programs so students everywhere can reach their full potential. It was launched in 2008 and is based in Hanover, M.D.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jun 1, 2018 | Post-IPO Equity | $331M | — | — | — | Detail |
Mar 28, 2014 | IPO | $119.27M | — | — | — | Detail |
Oct 21, 2013 | Series D | $5.10M | 5 | — | — | Detail |
Apr 2, 2012 | Series D | $26M | 7 | Hillman Ventures | — | Detail |
Mar 10, 2011 | Series C | $32.50M | 6 | Bessemer Venture Partners | — | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Dec 16, 2015
Springboard
|
Seed | $1.70M | E-Learning | — |
Apr 12, 2015
Dyad.com
|
Seed | $600K | Career Planning | — |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Hillman Ventures | Yes | Series D |
137 Ventures | — | Series D |
Bessemer Venture Partners | — | Series D |
Highland Capital Partners | — | Series D |
Redpoint | — | Series D |
Rethink Education | — | Series D |
City Light Capital | — | Series D |
Novak Biddle Venture Partners | — | Series D |
QED Investors | — | Series D |
2U has acquired 4 organizations. Their most recent acquisition was GetSmarter on May 2, 2017. They acquired GetSmarter for $103M.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
May 2, 2017
GetSmarter
|
E-Learning | acquisition | $ 103M | Detail |
Jun 21, 2018
CritiqueIt Inc.
|
Collaboration | acquisition | — | Detail |
Apr 8, 2019
Trilogy Education Services
|
Analytics | acquisition | $ 750M | Detail |
Jun 29, 2021
edX
|
EdTech | acquisition | $ 800M | Detail |