From a [press release](https://emeritus.org/newsroom/emeritus-supercharges-mission-to-make-high-quality-education-affordable-and-accessible-through-650-million-capital-raise-led-by-accel-and-softbank-vision-fund-2/) announcing a $650 investment by Accel and Softbank in Indian higher-ed company [Emeritus](https://emeritus.org):
> In the last 12 months, Emeritus has grown rapidly around the globe with more than 100% year-on-year growth. The company is on track to realize more than $500 million in bookings this year, making it the fastest growing ed-tech skilling platform. Nearly two-thirds of its paid learner base is located outside the United States, with the company growing more than three times annually in emerging markets.
Based on the [funding round](https://emeritus.org/newsroom/emeritus-supercharges-mission-to-make-high-quality-education-affordable-and-accessible-through-650-million-capital-raise-led-by-accel-and-softbank-vision-fund-2/), Emeritus is now valued at $3.2 billion—which bests 2U's $2.6 and more than half of Coursera's $5.1, two higher-ed for-profits with far more media coverage.
When it's not announcing huge VC deals, the company is bathed in mission rhetoric, even more than its U.S.-based competitors—complete with a .org [domain name](https://emeritus.org/) and a [previous "investment" from Mark Zuckerberg's quasi-charity](https://techcrunch.com/2020/08/31/chan-zuckerberg-initiative-backs-indian-education-startup-eruditus-in-113-million-fundraise/). Like Coursera and 2U, Emeritus [touts its partnerships](https://emeritus.org) with prestigious universities, including MIT, Columbia, Dartmouth, Penn, and Northwestern.
Emeritus and its [Eruditus Group parent](https://www.eruditus.com/about-us/) deserve much more scrutiny from those of us committed to a nonprofit higher-ed future.