Udacity: 2021 CNBC Disruptor 50

Founder: Sebastien thrun
CEO: Gabe Dalporto
Launched: 2011
Headquarter: Mountain View, California
Funding:
$ 238 million
Evaluation: $ 1 billion (PitchBook)
Key technologies:
Artificial intelligence, cloud computing, machine learning
Industry:
Education
Previous appearances on the Disruptor 50 roster: 3 (n ° 8 in 2018)

Interest in online learning tools has skyrocketed over the past year, largely driven by the seismic change in school and work in the wake of Covid-19. The Udacity e-learning platform is taking advantage of this change. In 2020, the company says it launched more new degree programs – it calls them “nanodegrees” – than it ever had, including an AI nanodegre for healthcare last May. It has also partnered with AT&T Believes to create 1,000 nanodegres scholarships for underserved communities, and is working with the Air Force’s BESPIN agile development lab to deliver nanodeges to men and women alike. women in the armed services.

Earlier this year, founder and chairman Sebastian Thrun said that since the start of the pandemic, enrollments in Udacity’s courses have more than doubled, and companies looking to upgrade workers’ skills are bringing them the technological expertise that they needed today.

Concrete example: cybersecurity. At the end of March, Udacity launched its cybersecurity school, offering four nanodegrades including cybersecurity, security engineer, security analyst, and ethical hacker. Degrees last four to six months. Some of the other courses the company offers include artificial intelligence, machine learning, digital marketing, product management, data analytics, cloud computing, and autonomous vehicles.

While Udacity still offers lessons directly to individuals, CEO Gabe Dalporto said he expects businesses and government clients to ultimately account for around 80% of its business. The Mountain View, California-based company works with expert instructors and more than 200 global industry partners, including AT&T, Google, Facebook, Mercedes-Benz, and NVIDIA. Beyond the United States, it has operations in the United Kingdom, Egypt, Germany, India and the United Arab Emirates. In November, Udacity completed a $ 75 million debt financing round from Hercules Capital and announced it was profitable.

Contribution of Susan Caminiti

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