Skillshare, a NYC-based online learning community for creativity, raised $66m in Series D funding.
The round was led by Omers Growth Equity with participation from Union Square Ventures, Amasia, Burda Principal Investments and Spero Ventures. In conjunction with the funding, Saar Pikar, Managing Director at OMERS Growth Equity, will join the Skillshare Board of Directors.
The company intends to use the funds to create a localized experience for international students, while continuing to expand domestically, grow its enterprise offering, create more opportunities for teachers and invest in tools that increase engagement between students and teachers, expand teachers’ audiences through dedicated marketing efforts, and create new formats for teachers to earn revenue.
Led by CEO Matt Cooper, Skillshare is an online learning community for creativity with more than 12 million registered members and over 30,000 video-based classes in a wide range of creative disciplines from graphic design to photography to painting and illustration to interior design. The classes are taught by industry experts including Roxane Gay, Aaron Draplin, Shantell Martin, Emily Henderson and Simon Sinek. The funding will further build out its enterprise offering, Skillshare for Teams, which has already enabled the company to partner with hundreds of businesses including GM Financial, VICE, AWS, Lululemon, American Crafts and Benefit to inspire creativity and wellness, regardless of where they are working and living.