Domestika secures $110 Million to expand their online courses by creative professionals

Edtech startup Domestika offers individuals online courses in creative fields such as painting, graphic design, music etc. creative professionals from all around the world are appointed to create and teach online courses in their respective fields. The platform of the edtech business offers studios, counseling to assist students, filming for online courses, and quality assurance across all content delivered. These courses include a wide range of topics, including watercolor painting and photography, as well as social media content creation and professional makeup for fashion shoots.

In addition, the edtech business offers signed certifications that confirm a user has finished an online course in the subject matter and can be included in a portfolio or CV.

The company just announced the completion of its Series D fundraising round, which would help it expand its operations and growth of its user base. Domestika raised $110 million in its Series D round of fundraising. Zeev Ventures led the investment round, which included GSV Ventures and a number of private investors. The company has now reached unicorn status, with a public valuation of $1.3 billion.

Domestika intends to use the new financing to expand its business by adding new studios, expanding its online course offerings, and increasing its user base through marketing and sales. In addition, the edtech business intends to hire a large number of people across all departments to run operations in Peru, Germany, Spain, Colombia, Chile, Mexico, the United States, and other countries.

Domestika's community of users has completed over 13 million courses in the Domestika catalog, according to the edtech startup. In addition, as demand for new educational content has grown, the company has opened the majority of its studios in the United States and Europe in the last 18 months.