Total amount raised
$10.2 Million
Latest funding date
8/1/2016
Location
Khan Academy has successfully raised funds over 6 rounds, with the Amgen Foundation being a notable investor. The platform offers free world-class education to anyone, anywhere.
Keep reading to explore the intricacies of Khan Academy's fundraising journey and the investors backing this innovative platform.
What Is Khan Academy?
Khan Academy, founded in 2008 by Salman Khan, is a nonprofit organization dedicated to providing free, world-class education for anyone, anywhere. The platform offers a wide range of online courses and lessons in subjects like math, science, economics, and history.
Based in Mountain View, California, Khan Academy operates in the EdTech industry and has an employee count ranging from 200 to 500. The organization is known for its innovative approach to personalized learning, making educational content accessible to students globally.
How Much Funding Has Khan Academy Raised?
- Series A
- Amount Raised: USD 10,000
- Date: January 2022
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the expansion of educational resources and technological infrastructure.
- Grant
- Amount Raised: USD 3,000,000
- Date: July 2020
- Lead Investors: Amgen Foundation
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance the platform's capabilities and reach more students globally.
- Grant
- Amount Raised: USD 3,000,000
- Date: October 2017
- Lead Investors: Amgen Foundation
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop educational content and tools.
- Grant
- Amount Raised: USD 3,000,000
- Date: August 2016
- Lead Investors: Omidyar Network
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the platform's educational offerings and improve user experience.
- Grant
- Amount Raised: USD 2,200,000
- Date: May 2013
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the ongoing development of the platform and its educational resources.
- Grant
- Amount Raised: USD 5,000,000
- Date: November 2011
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To launch new educational initiatives and expand the platform's reach.
Total Amount Raised: USD 16,210,000. Current Valuation: Not publicly disclosed.
Key Investors
- Amgen Foundation
- Details: The Amgen Foundation is the philanthropic arm of the biotechnology company Amgen. It focuses on advancing excellence in science education and inspiring the next generation of innovators.
- Investment Focus Areas: Education, science literacy, community health.
- Notable Investments: Khan Academy, LabXchange, Amgen Scholars Program.
- Omidyar Network
- Details: Omidyar Network is a philanthropic investment firm established by eBay founder Pierre Omidyar. It aims to create opportunities for people to improve their lives and make powerful contributions to their communities.
- Investment Focus Areas: Education, financial inclusion, digital identity.
- Notable Investments: Khan Academy, Teach For All, Andela.
What's Next for Khan Academy?
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