MasterClass Funding, Valuation & Revenue According to Crunchbase, MasterClass has raised a total of $236.4 million in six rounds of venture capital funding . During its latest Series E, which the company announced in May 2020, MasterClass was able to amass a valuation of over $800 million.
Read moreIs MasterClass Recognised?
MasterClass is not accredited with , and has a failing grade from, the Better Business Bureau. Its average rating on Trustpilot is 4.1 stars out of five, based on 498 reviews.
Read moreWhat is MasterClass actually selling?
While much of e-learning matured into mundanity, MasterClass has doubled down on celebrity glitz. It now focuses on selling annual, all-access subscriptions . As with other such services, like Netflix, that means an ever-growing library to keep subscribers around.
Read moreHow is MasterClass doing as a business?
MasterClass makes all of its money by selling subscription memberships to its users in exchange for unlimited access to over 100+ classes and instructors on the platform . The company offers three (3) tiers for its annual memberships: Standard, Plus, and Premier.17 Eki 2021
Read moreIs MasterClass making a profit?
As a privately funded startup in extreme growth mode (you possibly have seen one of the many YouTube ads the company has running), MasterClass does not publicly disclose any revenue or profit figures . In all likeliness, the company is still losing money and using the available funds to drive more users to its platform.
Read moreHow much can you make on MasterClass?
Sources familiar with the company’s deals say instructors make about $100,000 up front when they begin working with MasterClass and receive 30 percent of the revenue their classes generate. But money isn’t the sole draw for instructors, says Rogier, who declines to comment on the contracts.
Read moreIs MasterClass a good value?
At $214.20 a year for the ‘Standard’ plan, we think MasterClass is 100% worth it . It’s far more competitively priced than other online class platforms, and frankly, the teachers, content, and production quality is the best by a long shot.8 Oca 2022
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