As per Bloomberg, the online tutorial company MasterClass has raised $100 million in funding, bringing the company’s value above $800 million. The fund was executed through MasterClass’ Series E round, which was led by Fidelity Management & Research Company, alongside existing investors NEA, IVP, Atomico, and NextEquity Partners, plus new investors such as Owl Ventures and 01 Advisors.

With 85 highly educational and entertaining courses since its foundation, the company gained a lot of traction particularly during the lockdown, as well as thanks to many celebrities and stars who provided the courses on various specialties they are famous for.

Posted by:Staff