Yanka Industries, Inc. (MasterClass)

https://www.masterclass.com/

Yanka Industries, Inc., operating as MasterClass, is an American online education subscription platform headquartered in San Francisco, California. The company's core business is to provide tutorials and lectures from renowned experts across various fields. Its mission is to democratize access to the world's best minds, offering everyone the opportunity to learn from leading figures in their respective industries.

MasterClass offers an annual subscription model, granting unlimited access to a library of over 200 instructors and classes. These courses span diverse subjects including Arts & Entertainment, Business, Design & Style, Sports & Gaming, and Writing. In response to evolving market demands, MasterClass has expanded its offerings to include MasterClass Executive, an AI-native business education program, MasterClass On Call for AI-powered feedback and coaching, and MasterClass Certificates developed with leading companies. The company also provides MasterClass at Work, a business-to-business (B2B) solution for organizational training.

Founded by David Rogier, who continues to serve as CEO, MasterClass has secured significant funding, including a $225 million Series F round in May 2021, bringing its total funding to over $475 million and valuing the company at $2.75 billion. Despite its growth, the company underwent layoffs in June 2022, reducing 20% of its staff due to macroeconomic conditions, with further reductions in 2022 and 2023 decreasing the workforce from over 600 to approximately 300 employees. In December 2024, a class action lawsuit was filed against Yanka Industries Inc., alleging the company unlawfully shares customer data with Meta and Google.

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CID: 1832