2U announced today that it has filed for an initial public offering. The number of shares to be offered and the price range for the proposed offering have not yet been determined.
2U has raised $95.9 million in venture capital since its launch in 2008.
2U, formerly 2tor, offers selected partner colleges and universities a cloud based SaaS platform. The programs offer blended learning experiences with live online classes, dynamic course content and real world experiences.
All courses offered on the platform are master degree & undergraduate for-credit programs and 2U has partnered with renown universities and colleges like USC Rossier, American University or Trinity College Dublin.
Over the years I have talked several times with Chip Paucek, the co-founder and CEO of 2U. Below is our latest talk about the launch of Semester Online.
- 2U, Inc. Files Registration Statement for Proposed Initial Public Offering of Common Stock | PR Newswire
- 2U: The biggest ed-tech IPO you’ve never heard of | VentureBeat
- 2U Files Plans for IPO of Up to $100 Million | Wall Street Journal
- Online learning company 2U files for IPO of up to $100 mln | Reuters