Eruditus Executive Education Risk Report

🛡️ Financial & Liquidity

Eruditus has successfully navigated their financial landscape with significant funding rounds, indicating strong investor confidence. The company's focus on financial growth is underscored by its strategic funding initiatives that aim to enhance educational accessibility and affordability.

• Eruditus secured $150 million in Series F funding led by TPG's The Rise Fund 🗓 October 18, 2024.
• The company observed a valuation of $2.3 billion during a funding round 🗓 August 24, 2024.
• In 2021, Eruditus announced a $650 million capital raise, with Accel and SoftBank Vision Fund 2 leading the effort 🗓 August 12, 2021.
• Eruditus raised $113 million in Series D funding 🗓 September 2, 2020.

👥 Labor & Workforce

Eruditus has undertaken measures to streamline its workforce to align with its profitability goals. The company has experienced layoffs as part of its restructuring strategy to focus on operational efficiency and future growth.

• Eruditus laid off employees as part of a focus on profitability 🗓 June 3, 2022.
• The company let go of 40 employees 🗓 June 4, 2022.

📜 Innovation & R&D

Innovations in the educational domain remain a core component for Eruditus, leveraging partnerships with prestigious institutions for offering specialized programs.

• Co-founder mentioned banking on an AI portfolio to drive growth 🗓 February 5, 2025.
• IIM Lucknow collaborated with Eruditus for an executive program in data science 🗓 May 1, 2022.