Online courses for creative community platform Domestika raise $110 million, now at a $1.3 billion valuation – Tech.eu
Born in Spain, since migrated to San Francisco, and now retroactive across Europe, e-learning platform for creatives Domestika has raised $110 million in a Series D funding round, now giving the company a valuation of $1.3 billion.
Having simultaneously launched services in England, France, Germany and Italy in the middle of last year, Domestika’s new ink on the pen, film in the camera, paint on the palette, will mainly be used to support the growth of the company’s presence in the UK. . The least of these will include the inauguration of a new authoring studio, allowing more courses to be produced by UK-based experts.
Like many successful startups, Domestika comes from humble beginnings. What started as an online forum designed to help creative professionals connect and learn from each other has now grown into a platform offering over 2,000 courses taught by 1,300 creative professionals, with over 110 new courses uploaded every month. Likewise, since its beginnings as a formalized company in 2010, this “small” community has paved the way for more than 13 million courses taken.
“Domestika’s goal is to connect creative minds around the world and help them unlock their potential by learning from renowned experts and each other. We empower creatives to learn and share ideas wherever they are,” explained CEO and Co-Founder Julio G. Cotorruelo. “We plan to fuel this growth by expanding our offering in different languages and continuing to provide the highest level of creative training in an accessible and affordable way.”
Domestika’s $110m Series D funding round was led by Zeev Ventures and saw participation from GSV and other private investors.
“At a time when it has never been more vital for people to follow their passions and tap into their creativity, Domestika now has the ability to impact millions of other people around the world through its unique approach to creativity education,” commented Oren Zeev of Zeev Ventures. . “Julio and his team have done an outstanding job in achieving their vision of creating meaningful social learning experiences and bringing together curious minds from around the world. I’m thrilled to support the team as they continue to innovate and grow.