>MasterClass Funding Rounds & Valuations
>Series E — May 2020
>Amount raised: $100 million
>Lead investor: Fidelity Management & Research Company
>Other investors: Owl Ventures, 01 Advisors, NEA, IVP, Atomico, NextEquity Partners
>Reported valuation: Bloomberg and TechCrunch reported it "puts valuation at $800M", based on Bloomberg's coverage; CEO David Rogier declined to confirm but said it was “way above that.”
>Total funding to date (post-Series E): Approximately $240M.
>Series F — May 2021
>Amount raised: $225 million
>Lead investor: Fidelity (again)
>Other investors: Baillie Gifford, Balyasny Asset Management, Eldridge, IVP, NEA, Javelin, Owl Ventures, Atomico, Bonnier, Cleo Capital, Dan Capital, NewView Capital, NextEquity Partners, Outlier Ventures, Powerhouse Capital, RPS Ventures, Family Office of Ronald Lauder, UTA.
>Valuation reported: ~$2.75 billion (post-money), as reported by CNBC (and cited on Wikipedia). Bloomberg‑backed GlobalVenturing noted it “more than tripled” from the prior $800M valuation.
>Source Verdict
>Axios reported the Series F raise at a $2.5B pre-money valuation (implied post-money ≈ $2.7–$2.8B).
>CNBC and others summarized as $2.75B valuation.
>The Series E and preceding rounds are well-documented with investor lists and rough figures.