
Netology Group
The largest company in the Russian-speaking space specializing in full-cycle online education.
Date | Investors | Amount | Round |
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investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor investor | €0.0 | round | |
investor investor | €0.0 | round | |
investor | €0.0 | round | |
$20.0m Valuation: $60.0m 8.6x EV/Revenue | Private Placement VC | ||
Total Funding | 000k |
EUR | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 300 % | 75 % | 29 % | 122 % | (16 %) |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Netology Group, a trailblazer in Russia's EdTech landscape, was founded by Maxim Spiridonov and Julia Spiridonova in 2009. The company embarked on its journey by offering online courses in internet projects, web development, and e-commerce. This initiative marked the beginning of a new era in Russian online education, catering to a growing demand for digital skills.
In 2014, Netology Group underwent a significant transformation by merging with Foxford, another prominent player in the online education sector. This merger expanded their reach and diversified their offerings, solidifying their position as a leader in the industry.
The company's growth attracted substantial investment, and in 2017, a Russian billionaire invested over $20 million into Netology Group. This funding was pivotal in scaling their operations and enhancing their educational platforms.
Further cementing its status, in 2018, Severgroup acquired a stake in Netology Group. This acquisition was a testament to the company's robust growth and its potential to shape the future of online education in Russia and beyond.
Today, Netology Group continues to innovate and expand, providing a comprehensive range of educational courses to students, professionals, and businesses. Their journey reflects the dynamic evolution of the EdTech industry and underscores the transformative power of online learning.
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Investments by Netology Group
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