OpenClassrooms raises $ 80 million to expand its range of online training courses

OpenClassrooms, the French nugget of online training, announced on Wednesday April 28, 2021 that it had raised $ 80 million. A Series C fundraiser led by Lumos Capital Group and attended by GSV, the Chan Zuckerberg Initiative (the philanthropic company founded by Mark Zuckerberg and his wife Priscilla Chan), Salesforce Ventures as well as its historic investors General Atlantic and Bpifrance .

Online training and mentoring

The start-up, founded in 2013, offers online training and retraining programs that everyone can follow at their own pace and to which are added sessions with tutors. Today, 54 training courses with individual mentoring are offered on its site, including courses in IT and mobile development, data management, user experience professions, digital marketing and educational engineering. .

With this fundraising, the nugget wants to consolidate its programs and set up new courses. “This new round table will allow us to further increase our impact, by welcoming even more students to our training or retraining programs – in France, but also, now, all over the world”, adds Pierre Dubuc, CEO and co-founder of OpenClassrooms, in a press release. The start-up, which has already opened offices in Paris, London and New York, has more than 300 employees.

The Covid-19, an accelerator

The Covid-19 pandemic has been a real accelerator for all online education and training tools. OpenClassrooms does not seem to be outdone. The start-up ensures that its revenues increased by 140% in the first quarter of 2021 compared to the same period in 2020, for a turnover growing by 250%. But the young shoot does not give exact figures. It simply adds that it has the ambition to place more than 10,000 people in employment in 2021.

In view of the economic and social situation which has deteriorated due to the pandemic, the OpenClassrooms offer should appeal to a growing number of people anxious to train in new fields. Training which, in France, can be financed by Pôle Emploi or by the personal training account.

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