Corporates host MasterClass in funding

Feb 25, 2016 • Sam Shaw

Celebrity-endorsed learning platform MasterClass has disclosed a $15m series B round backed by Bloomberg, Novel Group and William Morris Endeavor.

MasterClass, a US-based, celebrity-endorsed digital learning platform, has raised $15m in a series B round featuring media group Bloomberg, talent agency William Morris Endeavor and telecommunications company Novel Group.

Venture capital firm New Enterprise Associates (NEA) led the investor syndicate, which included Advancit Capital, Downey Ventures and individual investors Usher, Yan-David Erlich and Matthew Rutler.

The corporates invested through subsidiaries Bloomberg Beta, WME Ventures and Novel TMT Ventures.

MasterClass runs an online education platform that uses celebrity instructors including pop…

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