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Coursera Equity
Summary of Investment Information

This Summary of Investment Information (SII) is prepared by IFC to disclose a factual summary of the main elements of the potential investment. Its purpose is to enhance the transparency of IFC’s activities. For any project documentation or data included or attached herein that has been prepared by the project sponsor, authorization has been given for public release by the project sponsor. IFC considers that this SII is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein.
It is distributed in advance of IFC Board of Directors’ consideration and may be periodically updated thereafter. Board dates are estimates only and this document should not be construed as presuming the outcome of the Board Directors’ decision.

Project number 33599
RegionWORLD
Company nameCoursera
Country
World Region
SectorT-AB - Colleges, Universities, and Professional Schools
Department
Environmental categoryC
StatusActive
Date SPI disclosedMay 30, 2013
Projected board dateJuly 1, 2013
Last Updated DateMay 30, 2013
Previous EventsInvested: July 9, 2013
Signed: July 2, 2013
Approved: July 1, 2013
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Project Description
Coursera is an educational technology company started in 2011 by two- computer science professors from Stanford University. The company offers the new generation of online and scalable courses known as Massive Open Online Courses (MOOCs). The company’s mission is to provide access to high-quality courses from top universities to every student around the world. Coursera is looking to raise a Series B round of equity to support its ambitious growth plan. The Series B round is expected to significantly increase Coursera’s exposure and impact in developing markets where there is significant unmet demand for quality higher education and MOOCs. Specifically, Coursera will help provide students in emerging markets with access to an innovative online learning experience that can help them build skills, enhance their employability, and support life-long learning. Coursera will also help increase the number of top emerging markets universities in the Coursera network; and help build the capacity of higher education institutions in emerging markets by integrating Coursera’s content and developing innovative and flexible pedagogies such as blended learning.

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