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#569 by ARRCalifornia, USmasterclass.com ↗

MasterClass

Subscription streaming platform selling video classes taught by celebrity experts to consumers, plus MasterClass On Call, a product with AI versions of its instructors.

ARR
$247M revenue (est.)
as of Oct 2026
Employees
775
as of Oct 2026
Valuation
$2.8B
11× ARR
ARR / employee
$319K
revenue efficiency
About MasterClass

MasterClass is a San Francisco-based online learning platform. It sells subscriptions to video classes taught by celebrities and other experts, mainly to individual consumers, and reports over 2 million subscribers. It raised a $225M Series F led by Fidelity in 2021 at about a $2.75B valuation, and third-party estimates put total funding at roughly $460M. In late 2024 it launched MasterClass On Call, a $10/month or $84/year add-on that lets users chat with AI personas of instructors such as Mark Cuban and Gordon Ramsay. Revenue is estimated at about $247M for 2025 (third-party estimate, unverified).

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