Fidelity Management & Research Company led a $225m Series F round in MasterClass.

Fidelity Management & Research Company, a private equity firm, led a $225m Series F round in MasterClass, an online education streaming platform. Additional investors include Baillie Gifford, Balyasny Asset Management, Eldridge, IVP, Javelin, NEA, 01 Advisors, Atomico, Bonnier, Cleo Capital, Dan Capital, NewView Capital, NextEquity Partners, Outlier Ventures, Powerhouse Capital, RPS Ventures, Family Office of Ronald Lauder and UTA Ventures. "Over the past several years we have seen a surge in subscriber growth as people are driven to fulfill their desire for lifelong learning outside of the confines of traditional education - MasterClass enables that, with our incredible roster of instructors, cinematic production capabilities and singular focus on restoring the joy of learning. We are grateful to our investors for their support and this new funding, which will enable us to enhance our global offering for subscribers and capture the meaningful market opportunity we see," David Rogier, MasterClass Founder and CEO.