Emeritus

company

About

Emeritus is an EdTech startup that provides accessible and affordable educational programs.

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
$350M
Industries
Career Planning,EdTech,Education,Training
Founded date
Jan 1, 2015
Number Of Employee
1001 - 5000
Operating Status
Active
Legal Name
EMERITUS Institute of Management Pte. Ltd.

Emeritus is an EdTech startup that provides accessible and affordable educational programs. Emeritus provides a high quality online learning experience so people can learn in-demand skills to take their career to the next level. The company collaborates with more than 50 top-tier universities across the United States, Europe, Latin America, Southeast Asia, India, and China.

Emeritus’ short courses, degree programs, professional certificates, and senior executive programs help individuals learn new skills and transform their lives, companies, and organizations. Its model of state-of-the-art technology, curriculum innovation, and hands-on instruction from senior faculty, mentors, and coaches educates more has educated more than 250,000 individuals across 80+ countries.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$1.04B
Emeritus has raised a total of $1.04B in funding over 2 rounds. Their latest funding was raised on Mar 8, 2022 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 8, 2022 Debt Financing $350M 1 CPP Investments Detail
Aug 13, 2021 Series E $650M Detail
Jan 14, 2019 Series C $40M 2 Bertelsmann India Investments
Sequoia Capital India
Detail

Investors

Number of Lead Investors
Number of Investors
3
3
Emeritus is funded by 3 investors. CPP Investments and Bertelsmann India Investments are the most recent investors.
Investor Name Lead Investor Funding Round
CPP Investments Yes Debt Financing
Bertelsmann India Investments Yes Series C
Sequoia Capital India Yes Series C

Employee Profiles

Number of Employee Profiles
13
Emeritus has 13 current employee profiles, including Executive Chaitanya Kalipatnapu
Executive
Executive
Employee

Acquisition

Emeritus has acquired 1 organizations. Their most recent acquisition was ID Tech on May 20, 2021. They acquired ID Tech for $200M.

Date Company Name
Industry Acquisition Type Price
May 20, 2021 ID Tech
Computer acquisition $ 200M Detail