Teachable IPO
Teachable is an online course creation platform that allows entrepreneurs and educators to build, market, and sell digital courses. The company became a key player in the online education space, serving thousands of course creators worldwide. Teachable was acquired by Hotmart in 2020 for approximately $250 million, making it an attractive acquisition target rather than an IPO candidate.
What We Know
Teachable was acquired by Brazilian company Hotmart in May 2020 for approximately $250 million, eliminating any possibility of an independent IPO. The acquisition was strategic for Hotmart, allowing the Brazilian digital marketing platform to expand its presence in the English-speaking online education market. Prior to the acquisition, Teachable had raised around $12.5 million in venture funding and was growing rapidly in the online course creation space. The company served over 100,000 instructors and facilitated more than $500 million in course sales on its platform. The Hotmart acquisition allowed Teachable to maintain its brand and operations while gaining access to additional resources and international expansion opportunities.
Frequently Asked Questions
Has Teachable had an IPO?
Teachable never had an IPO as it was acquired by Hotmart in May 2020 for approximately $250 million. The acquisition eliminated any potential for an independent public offering.
When is the Teachable IPO date?
There will be no Teachable IPO as the company was acquired by Hotmart in 2020. As a subsidiary of Hotmart, Teachable no longer operates as an independent entity that could go public.
How can I buy Teachable stock?
You cannot buy Teachable stock directly as it was acquired by private company Hotmart in 2020. Teachable no longer trades as an independent public company and is now part of Hotmart's portfolio.
Don't Miss the Next Big IPO
Get notified when the next major company files for an IPO. Daily alerts delivered to your inbox.
Get IPO Alerts