[Techcrunch](https://techcrunch.com/2020/09/29/thinkific-funding/?guccounter=1):
> It’s been a big year for online learning companies — and it sounds like [Thinkific](http://www.thinkific.com/) is no exception. The Vancouver-based startup is announcing that it has raised $22 million in new funding.
>
> Thinkific is different from businesses such as MasterClass (which [raised $100 million](https://techcrunch.com/2020/05/20/masterclass-just-raised-100-million-for-celebrity-fueled-content/) this year) and Skillshare (which raised [$66 million](https://techcrunch.com/2020/08/10/skillshare-new-funding/)) because it doesn’t create, distribute or monetize online classes itself. Instead, it’s built a platform where anyone can create their own courses, then sell them on their own websites.
From the main VC:
> “Working with Thinkific over the past four years has been nothing short of exceptional,” said Rhino Managing Partner Fraser Hall in a statement. “It’s no secret that its business model, user numbers, and ~ 150% year-over-year revenue growth, is tracking, by stage, very closely to Shopify which is now Canada’s most valuable public company … It’s a model that is undoubtedly shaping a new world of knowledge entrepreneurship and one that’s accessible to any individual or organization that wants to add education as a new revenue channel.”
The [gold rush](https://www.jeffpooley.com/2020/09/here-comes-the-post-covid-ed-tech-vc-rush/) continues.