Eruditus Secures $150 Million in Series F Funding

Eruditus, the global leader in making education accessible and affordable, just announced a whopping $150 million Series F fundraise.

This funding round, led by TPG's The Rise Fund, attracted big names like SoftBank Vision Fund 2, Leeds Illuminate, Accel, CPP Investments, and the Chan Zuckerberg Initiative.

If that lineup doesn’t impress you, nothing will.

What’s even more exciting is how Eruditus plans to use this cash infusion.

AI is the name of the game.

The company is all in on artificial intelligence, using it to supercharge their learner experience and scale their enterprise solutions.

In fact, their AI-powered tutors are already a hit, and if you’re wondering, “How will this help me in the real world?”—just know that last year, Eruditus’ enterprise revenue shot up by 45%, thanks to the rising demand for cutting-edge, AI-driven learning solutions.

Ashwin Damera, CEO, Eruditus and Emeritus said:

"In a rapidly evolving business environment, we have reimagined education by bringing programs from the world's leading universities to learners around the globe. Education is the key to transformation, for individuals, companies, and society and we're appreciative of the support of our investors who enable us to accelerate our growth."

But it's not just tech.

Eruditus has its sights set on global expansion, particularly in India and the APAC region.

And with 80+ top universities in its corner, offering more than 700 programs to over a million learners, they’re well-positioned to make waves.

The best part? They boast an impressive 85% course completion rate—because when you combine high-quality education with AI and mentorship, people stick around to finish what they start.

Looking ahead, Eruditus aims to continue innovating and possibly snapping up a few strategic acquisitions along the way.

After all, when you’re named the #1 Global EdTech by Time, you don’t rest on your laurels.

With the backing of serious investors, Eruditus is poised to transform education worldwide—one AI-powered tutor at a time.