Almak Capital’s Investment Rationale
Almak Capital invested in Udemy in line with its strategic focus on scalable digital platforms with global reach. The investment decision was driven by Udemy’s consistent user growth, diversified monetization model, and alignment with long-term workforce and education trends. The investment reflected the fund’s approach to building a portfolio of technology-driven companies with sustainable growth and long-term value creation potential.
Global EdTech Platform
Udemy was one of the leading global online education platforms, providing access to courses across technology, business, finance, and professional development. Operating at an international scale, the platform connected instructors and learners from multiple regions through a fully digital and scalable content distribution model. Udemy held a strong position within the global EdTech market, addressing the growing demand for continuous learning and upskilling.