Udemy is Alpha’s Newest Ed-Tech Investment

Udemy is a leading online learning and teaching content marketplace with 140,000 on-demand courses in 60 languages from over 57,000 experts. It offers a consumer product for both learners (Udemy) and teachers (Teach on Udemy), as well as an enterprise product (Udemy for Business).



 

 

Alpha kicks off the New Year with three new additions to our growing team

Jesse Bloom is our Senior Associate, Origination and the lead planner of Alpha’s venture capital network operations and deal flow. Jesse recently received his M.B.A. from the Leonard N. Stern School of Business at New York University.

An Nguyen is our Director of Marketing responsible for leading Alpha’s marketing, brand, communication, event, and digital strategies. Prior to Alpha, An was at Private Equity International where she spearheaded marketing strategy and campaigns for private equity conferences.

Sa’ad Shah joins Alpha as our newest venture partner. Sa’ad has 22+ years in capital markets and asset management industry with a focus on alternative investment strategies.



 

Alpha Portfolio News

“SoftBank-Backed Korean Unicorn Coupang Prepares for IPO as Soon as 2021”
Bloomberg

South Korean e-commerce giant Coupang Corp. is preparing for an initial public offering as soon as 2021, according to people with knowledge of the matter.

The Seoul-based company, founded in 2010 by Chief Executive Officer Bom Kim and said to be valued at $9 billion in late 2018, has begun working on tax structuring among other changes as it eyes a public listing next year, said one of the people, who requested anonymity because the matter is private. A company representative declined to comment.

 

Alpha-Portco-News-Coupang

 

“For Lime And E-Scooters, 2020 Has Been Tough But Not A Disaster”
Crunchbase

Overall, the cohort is hanging in there, still raising investments and renting scooters. But 2020 has not featured the same consistent hypergrowth as years past.

Amid the pandemic, Lime’s CFO, Andrea Ellis, said Lime has seen a shift in its three primary usage areas: commuters, tourism and intracity travel. Working from home has impacted commuting, and tourism is also down. However, the company is seeing more use for intracity transportation, such as running errands in the neighborhood, as well as uptake from essential workers making commutes.

 

 

“Ro’s Telehealth Diversification Play is a Sign That Mass Telehealth Acquisitions Are on The Horizon”
Business Insider

Ro is expanding its scope of care delivery services with its acquisition of Workpath, a software developer that deploys nearby clinicians to patients’ homes for blood draws and nurse visits.

Ro also linked up with lab giant Quest Diagnostics to process the tests. This marks Ro’s first acquisition and is the latest move in a busy few years for the startup: It launched in 2017 as a pharmacy business for men’s health but has expanded into women’s health, smoking cessation, and weight loss—and it’s secured $376 million along the way and earned itself a spot in the digital health unicorn club.

 

 
 

Our Best,

Steve, Brian & The Alpha Team

 

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