Vancouver’s Thinkific announced today that it has had over 100 million courses taken through it’s platform with over 63 million courses taken in 2020 alone.
The latest milestone comes at the end of an exceptional growth year for the online course platform that included a $22 million growth financing round led by Rhino Ventures. Thinkific has been profitable since 2018, yet chose to raise additional funding to accelerate product innovation and continue shaping the future of online courses.
Thinkific’s all-in-one SaaS platform now sees on average 1.5 million new courses taken every week across 190 countries.
Entrepreneurs and businesses have complete control in how they build and deliver their courses with Thinkific, and thus can choose to charge any price for their courses or they can offer them for free depending on their goals. To date, Thinkific’s course creators have earned an estimated $650 Million selling their knowledge.
“2020 lit a fire in the world of online learning. This 100 million milestone reflects the soaring demand for online courses and the immense speed in which we saw Knowledge Entrepreneurship grow in 2020,” according to co-founder and CEO of Thinkific, Greg Smith.
“We believe that when you couple business and education, you truly create an unstoppable force for change. Today, we’re celebrating 100 million instances in which our creators have passed along their knowledge to improve their communities and build their own businesses.”