Total amount raised
$192.5 Million
Latest funding date
12/1/2016
Location
Pluralsight has successfully raised funding through four rounds, with notable investors including Pluralsight One and Insight Partners. The most recent funding round was a Grant round led by Pluralsight One.
Pluralsight's platform offers over 6,500 tech courses, 3,500 hands-on labs, 500 skill assessments, and 150 certification paths, catering to individuals, businesses, and the public sector. Keep reading to explore the intricacies of Pluralsight's fundraising journey and the investors backing this innovative platform.
What Is Pluralsight?
Pluralsight, based in Draper, Utah, is a prominent player in the e-learning and EdTech industries. The company serves software developers, IT administrators, and creative professionals with a comprehensive technology learning platform.
Founded by Aaron Skonnard, Pluralsight has grown to employ between 1,001 and 5,000 people. The platform offers a wide range of tech courses, hands-on labs, skill assessments, and certification paths, catering to individuals, businesses, and the public sector.
Acquired by Vista Equity Partners, Pluralsight is publicly traded under the ticker NASDAQ:PS. The company has raised significant funding through multiple rounds and has made numerous investments and acquisitions in the tech and education sectors.
How Much Funding Has Pluralsight Raised?
- Series A
- Amount Raised: USD 27,500,000
- Date: January 2013
- Lead Investors: Insight Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To rapidly expand Pluralsight’s library to more than 3,000 courses, making it the world’s largest curated e-learning library for technology and creative professionals, academic institutions, and businesses of all sizes.
- Series B
- Amount Raised: USD 135,000,000
- Date: August 2014
- Lead Investors: Insight Partners, ICONIQ Capital, Sorenson Capital
- Valuation at Round: Approaching USD 1 billion
- Motivation Behind the Round: To support continuous rapid growth, accelerate the expansion of the enterprise customer base, and assist with the expansion into new content categories. The funding will also enhance the learning experience and increase the number of courses, instructors, and users.
- Series C
- Amount Raised: USD 30,000,000
- Date: December 2016
- Lead Investors: ICONIQ Growth, Insight Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To consolidate Pluralsight's position as a major player in personal and professional continuing information technology education and to fund new acquisitions, develop new content, and improve functionality and features for enterprise customers.
- Grant
- Amount Raised: USD 1,950,000
- Date: July 2025
- Lead Investors: Pluralsight One
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support Pluralsight’s mission of democratizing professional education and expanding its reach to underserved communities.
Total Amount Raised: USD 193,450,000. Current Valuation: Not publicly disclosed.
Key Investors
- Insight Partners
- Details: Insight Partners is a venture capital and private equity firm that invests in growth-stage technology and software companies. They have a strong track record of supporting companies through various stages of growth.
- Investment Focus Areas: Technology, Software, Internet
- Notable Investments: Twitter, Shopify, DocuSign
- ICONIQ Capital
- Details: ICONIQ Capital is a multi-family office investment firm based in Silicon Valley. They are known for managing the wealth of influential tech entrepreneurs and investing in high-growth technology companies.
- Investment Focus Areas: Technology, Internet, Financial Services
- Notable Investments: Uber, Airbnb, Alibaba
- Sorenson Capital
- Details: Sorenson Capital is a private equity firm that provides growth capital to middle-market companies. They focus on sectors that have strong growth potential and innovative business models.
- Investment Focus Areas: Technology, Healthcare, Consumer Products
- Notable Investments: Health Catalyst, Workfront, Instructure
- Pluralsight One
- Details: Pluralsight One is the social impact arm of Pluralsight, focusing on democratizing technology skills and education. They aim to provide access to technology learning resources for underserved communities.
- Investment Focus Areas: Education, Technology, Social Impact
- Notable Investments: Not publicly disclosed
What's Next for Pluralsight?
Pluralsight stands at the cusp of significant growth opportunities, driven by the increasing demand for online professional and personal technology training. With a robust course library and a strong enterprise customer base, the company is well-positioned to expand its offerings and integrate into corporate training programs and academic curricula. The e-learning industry, projected to be a $107 billion market, offers a vast landscape for Pluralsight to explore new content categories and enhance the learning experience for its users.
Future fundraising opportunities appear promising as Pluralsight continues to attract interest from Silicon Valley investors. The company's history of successful funding rounds and strategic acquisitions suggests that additional investment rounds could support further growth and expansion. However, Pluralsight must navigate challenges such as maintaining rapid growth, integrating acquisitions effectively, and staying ahead of competitors in the fast-evolving e-learning market. Ensuring the quality and relevance of its training content will be crucial for sustaining its market position.
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