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Total amount raised
$16.2M
Latest funding date
2022-01-01
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.
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?
- Grant
- Amount Raised: USD 5,000,000
- Date: November 4, 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.
- Grant
- Amount Raised: USD 2,200,000
- Date: May 20, 2013
- Lead Investors: Leona M. and Harry B. Helmsley Charitable Trust
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the development of new Common Core materials and ongoing educational resources.
- Grant
- Amount Raised: USD 3,000,000
- Date: August 25, 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 3,000,000
- Date: October 12, 2017
- Lead Investors: Amgen Foundation
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the development of comprehensive free biology lessons for students worldwide.
- Grant
- Amount Raised: USD 3,000,000
- Date: July 21, 2020
- Lead Investors: Amgen Foundation
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support virtual biology lessons, partnerships with school districts facing COVID-19-related budget shortfalls, and educational equity initiatives.
- 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 continued expansion of educational resources and technological infrastructure.
Total Amount Raised: At least USD 16,210,000 based on disclosed funding rounds. Current Valuation: Not publicly disclosed.
Key Investors
- Amgen Foundation
- Details: The Amgen Foundation is the philanthropic arm of biotechnology company Amgen. Focused on advancing science education and inspiring the next generation of innovators, the Foundation has committed more than $10 million to Khan Academy since 2015, funding the development of over 1,600 biology content assets.
- 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.
- Leona M. and Harry B. Helmsley Charitable Trust
- Details: The Helmsley Charitable Trust is a major private foundation dedicated to improving lives through grants in health, education, and other areas. It provided a $2.2 million grant to Khan Academy in 2013 to support development of Common Core educational materials.
- Investment Focus Areas: Education, healthcare, community development.
- Notable Investments: Khan Academy and other nonprofit education initiatives.
What's Next for Khan Academy?
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