Scoop: MasterClass raising new funding at $2.5 billion valuation

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

MasterClass, which sells subscriptions to online courses taught by experts, is raising new funding led by Fidelity at a $2.5 billion valuation, Axios has learned.

The big picture: Online content boomed during the pandemic as people were stuck at home.

Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for free

  • On the other hand, the pandemic presented production challenges to companies like MasterClass, particularly in terms of filming new content.

Details: San Francisco-based MasterClass last raised money in mid-2020 in another Fidelity-led round, at a reported $800 million valuation.

  • Its instructive courses have featured Spike Lee, Christina Aguilera, Serena Williams, Neil deGrasse Tyson and Gordon Ramsey.

  • The company didn't respond to Axios' request for comment.

Like this article? Get more from Axios and subscribe to Axios Markets for free.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting