6 years ago

Seek Invests $64.6M in FutureLearn for 50% Stake

  • FutureLearn, a UK-based online learning platform, receives a £50 million (~$64.6M) investment from the Australian online job matching group, Seek, for a 50% stake

  • This comes just days after Seek led a Series E funding round for Coursera

  • The investment values FutureLearn at £100M ($129M)

  • The Open University, which previously owned FutureLearn, retains a 50% stake

  • The partnership aims to expand FutureLearn's reach globally and offers opportunities for integrating education and job search

  • This deal highlights the growing convergence of edtech and recruitment.

      • ProblemEducation

      "Making quality education more accessible, especially for people who want to upskill or reskill to adapt to the rapidly changing job market."

      Solution

      "Providing online courses, including short courses, postgraduate diplomas, certificates, and fully online degrees, to a global audience. The platform partners with universities, employers, and government agencies to offer a wide range of courses and qualifications."

      Covered on