Company profile: Craftsy
1.1 - Company Overview
Company description
- Provider of expert-led online classes and original video series covering cake decorating (Man About Cake), knitting (Off Our Needles), clothing refashioning and sewing (Re:Fashion), and eco-friendly crafting with live tutorials (Sustainable Stitches), plus recipes such as Pumpkin Crème Brûlée and Pumpkin Pie Bars.
Products and services
- Off Our Needles: A video-based series delivering instruction on various knitting techniques, styles, and projects hosted by Tracie and Jodi, covering diverse methods, aesthetic approaches, and project tutorials for knitters
- Sustainable Stitches: An eco-friendly collection offering patterns and live tutorials promoting zero-waste crafting and upcycling, emphasizing waste reduction and practical upcycling techniques across sustainable handmade projects
- Man About Cake: An on-demand series of video classes featuring cake decorating techniques and creations by Joshua John Russell, covering themed cakes and unique decorating methods for creative confectionery projects
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Craftsy
Curious
HQ: United States
Website
- Description: Provider of a personalized learning and teaching platform featuring the Curious Learning Engine for daily, interest-tailored brain workouts; Curious+ with 25,000+ expert-led video lessons; Curious TV scheduled programming on web and iOS; interactive short lessons and a Curio Cabinet daily digest; and a teacher platform to create, publish, and monetize video lessons.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Coursera
HQ: United States
Website
- Description: Provider of online education partnering with 140 universities and organizations to offer over 1,000 online courses, specializations, professional certificates, MasterTrack Certificates, fully online bachelor's and master's degrees, and guided projects, serving over 20 million registered learners for career advancement, education, and personal enrichment.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Learnissimo
HQ: France
Website
- Description: Provider of an online language learning website where native-speaking teachers give foreign language classes by videoconference, offering an innovative, flexible, and friendly approach.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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EnglishCentral
HQ: United States
Website
- Description: Provider of an AI-powered, web-based conversational English learning platform for desktop and mobile, using interactive videos, proprietary speech recognition that scores pronunciation, and ChatGPT to improve spoken English. Offers 30,000+ video lessons, 24/7 1-on-1 and group Live! lessons with human teachers, AI Tutor MiMi for conversation practice and instant feedback, customized study plans, and courses in Academic and Business English.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Class101
HQ: South Korea
Website
- Description: Provider of an online platform offering hobby-focused online classes, including an unlimited subscription across categories such as digital drawing, crafts, food, music, and fitness, plus Korean language, finance, creative business management, 3D design with Maya, and food styling.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Craftsy
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Buyer group 2: ββββββββ ββββββββ
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Buyer group 3: ββββββββ ββββββββ
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Craftsy
2.2 - Growth funds investing in similar companies to Craftsy
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4 - Top valuation comps for Craftsy
4.2 - Public trading comparable groups for Craftsy
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