Coursera, Inc. received an amended Schedule 13G from multiple Insight-related investment entities reporting their ownership of Coursera common stock. The filing is a passive ownership report, with the reporting persons certifying that the securities are not held for the purpose of changing or influencing control.
The group headed by Insight Holdings Group, LLC reports 8,942,502 shares of Coursera common stock with shared voting and dispositive power, representing 3.4% of the class, based on 264,400,000 shares outstanding as of July 29, 2026
The reporting persons state they may be deemed a “group” under Section 13(d)(3) but expressly disclaim group status and membership for all purposes. They also reaffirm that the holdings are reported on a joint, passive basis under the Schedule 13G framework.
Positive
None.
Negative
None.
Key Figures
Shares outstanding:264,400,000 sharesInsight Holdings Group stake:8,942,502 sharesInsight Holdings Group ownership:3.4%+2 more
5 metrics
Shares outstanding264,400,000 sharesCoursera common stock outstanding as of July 29, 2026
Insight Holdings Group stake8,942,502 sharesShared voting and dispositive power over Coursera common stock
Insight Holdings Group ownership3.4%Percent of Coursera common stock based on 264,400,000 shares outstanding
Insight Venture Partners VII, L.P. stake5,705,630 sharesShared voting and dispositive power over Coursera common stock
Insight Venture Partners VII, L.P. ownership2.2%Percent of Coursera common stock based on 264,400,000 shares outstanding
"Amount beneficially owned: The information required by Item 4(a) is set forth"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
shared voting powerfinancial
"6 | Shared Voting Power 8,942,502.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"8 | Shared Dispositive Power 8,942,502.00"
Schedule 13Gregulatory
"The Reporting Persons are making this single, joint filing because they may be"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Section 13(d)(3)regulatory
"constitute a "group" within the meaning of Section 13(d)(3) of the Securities"
Rule 13d-5regulatory
"this report shall not be deemed an admission by any of the Reporting Persons"
FAQ
What percentage of Coursera (COUR) shares do the Insight entities report owning?
The Insight Holdings Group–led reporting group reports 8,942,502 Coursera shares, representing 3.4% of the outstanding common stock, calculated using 264,400,000 shares outstanding as of July 29, 2026.
Is the Coursera (COUR) stake held by Insight reported as passive or for control purposes?
The Insight-related entities certify their Coursera holdings are not acquired or held to change or influence control of Coursera and are reported on a passive Schedule 13G basis, consistent with Exchange Act Rule 13d-1.
How many Coursera (COUR) shares does Insight Holdings Group, LLC report?
Insight Holdings Group, LLC reports 8,942,502 Coursera common shares with shared voting and dispositive power. This position represents 3.4% of Coursera’s common stock outstanding as of July 29, 2026.
What share count did Insight use to calculate ownership percentages in Coursera (COUR)?
Ownership percentages are based on 264,400,000 shares of Coursera common stock outstanding as of July 29, 2026, as reported in Coursera’s Quarterly Report on Form 10-Q filed on August 5, 2026.
Who are the main Insight-related reporting persons in this Coursera (COUR) Schedule 13G/A?
Reporting persons include Grace Software Cross Fund Holdings, LLC, several Insight Venture Partners VII funds, Insight Venture Associates VII entities, Insight Associates XI entities, and Insight Holdings Group, LLC, filing jointly.
Do the Insight entities admit to being a group under Section 13(d) for Coursera (COUR)?
The Insight-related entities state they may be deemed to constitute a “group” under Section 13(d)(3), but they explicitly disclaim membership in a group for Rule 13d-5 and any other purpose.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Coursera, Inc.
(Name of Issuer)
COMMON STOCK, $0.00001 PAR VALUE PER SHARE
(Title of Class of Securities)
22266M104
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
22266M104
1
Names of Reporting Persons
Insight Holdings Group, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
8,942,502.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
8,942,502.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
8,942,502.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.4 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Calculations are based upon 264,400,000 shares of Common Stock of the Issuer outstanding as of July 29, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 5, 2026.
SCHEDULE 13G
CUSIP Number(s):
22266M104
1
Names of Reporting Persons
Insight Venture Partners VII, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
5,705,630.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
5,705,630.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,705,630.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
2.2 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Calculations are based upon 264,400,000 shares of Common Stock of the Issuer outstanding as of July 29, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 5, 2026.
SCHEDULE 13G
CUSIP Number(s):
22266M104
1
Names of Reporting Persons
Insight Venture Partners VII (Co-Investors), L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
132,060.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
132,060.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
132,060.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.0 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Calculations are based upon 264,400,000 shares of Common Stock of the Issuer outstanding as of July 29, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 5, 2026.
SCHEDULE 13G
CUSIP Number(s):
22266M104
1
Names of Reporting Persons
Insight Venture Partners (Cayman) VII, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,511,736.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,511,736.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,511,736.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.9 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Calculations are based upon 264,400,000 shares of Common Stock of the Issuer outstanding as of July 29, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 5, 2026.
SCHEDULE 13G
CUSIP Number(s):
22266M104
1
Names of Reporting Persons
Insight Venture Partners (Delaware) VII, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
360,895.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
360,895.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
360,895.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.1 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Calculations are based upon 264,400,000 shares of Common Stock of the Issuer outstanding as of July 29, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 5, 2026.
SCHEDULE 13G
CUSIP Number(s):
22266M104
1
Names of Reporting Persons
Insight Venture Associates VII, Ltd.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
8,710,322.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
8,710,322.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
8,710,322.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.3 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: Calculations are based upon 264,400,000 shares of Common Stock of the Issuer outstanding as of July 29, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 5, 2026.
SCHEDULE 13G
CUSIP Number(s):
22266M104
1
Names of Reporting Persons
Insight Venture Associates VII, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
8,710,322.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
8,710,322.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
8,710,322.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.3 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Calculations are based upon 264,400,000 shares of Common Stock of the Issuer outstanding as of July 29, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 5, 2026.
SCHEDULE 13G
CUSIP Number(s):
22266M104
1
Names of Reporting Persons
Insight Associates XI, Ltd.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
232,180.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
232,180.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
232,180.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.1 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: Calculations are based upon 264,400,000 shares of Common Stock of the Issuer outstanding as of July 29, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 5, 2026.
SCHEDULE 13G
CUSIP Number(s):
22266M104
1
Names of Reporting Persons
Insight Associates XI, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
232,180.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
232,180.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
232,180.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.1 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Calculations are based upon 264,400,000 shares of Common Stock of the Issuer outstanding as of July 29, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 5, 2026.
SCHEDULE 13G
CUSIP Number(s):
22266M104
1
Names of Reporting Persons
Grace Software Cross Fund Holdings, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
232,180.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
232,180.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
232,180.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.1 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Calculations are based upon 264,400,000 shares of Common Stock of the Issuer outstanding as of July 29, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 5, 2026.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Coursera, Inc.
(b)
Address of issuer's principal executive offices:
2440 West El Camino Real, Suite 500, Mountain View, CA 94040
Item 2.
(a)
Name of person filing:
This Statement is being filed by the following persons (each a "Reporting Person" and, collectively, the "Reporting Persons"): (i) Grace Software Cross Fund Holdings, LLC, a Delaware limited liability company ("Grace"); (ii) Insight Venture Partners VII, L.P., a Cayman Islands exempted limited partnership ("IVP VII"); (iii) Insight Venture Partners (Cayman) VII, L.P., a Cayman Islands exempted limited partnership ("Cayman VII"); (iv) Insight Venture Partners (Delaware) VII, L.P., a Delaware limited partnership ("Delaware VII"); (v) Insight Venture Partners VII (Co-Investors), L.P., a Cayman Islands exempted limited partnership ("Co-Investors VII", and together with IVP VII, Cayman VII and Delaware VII, the "Fund VII Entities"); (vi) Insight Venture Associates VII, L.P., a Cayman Islands exempted limited partnership ("IVA VII LP"); (vii) Insight Venture Associates VII, Ltd., a Cayman Islands exempted company ("IVA VII Ltd"); (viii) Insight Associates XI, L.P., a Cayman Islands exempted limited partnership ("IA XI LP"); (ix) Insight Associates XI, Ltd., a Cayman Islands exempted company ("IA XI Ltd"); and (x) Insight Holdings Group, LLC, a Delaware limited liability company ("Holdings").
The general partner of each of the Fund VII Entities is IVA VII LP, whose general partner is IVA VII Ltd. The manager of Grace is IA XI LP, whose general partner is IA XI Ltd. The sole shareholder of IVA VII Ltd and IA XI Ltd is Holdings.
(b)
Address or principal business office or, if none, residence:
The address of the principal business and principal office of each of the Reporting Persons is c/o Insight Partners, 1114 Avenue of the Americas, 36th Floor, New York, New York 10036
(c)
Citizenship:
See Item 2(a).
(d)
Title of class of securities:
COMMON STOCK, $0.00001 PAR VALUE PER SHARE
(e)
CUSIP No.:
22266M104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Item 4(a) is set forth in Rows 5-11 of the cover pages hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person. The percentages set forth in this Schedule 13G are calculated based upon the 264,400,000 shares of Common Stock of the Issuer outstanding as of July 29, 2026, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 5, 2026.
(b)
Percent of class:
The information required by Item 4(b) is set forth in Row 11 of the cover page for each of the Reporting Persons and is incorporated herein by reference. %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Item 4(c) is set forth in Rows 5-11 of the cover pages hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
(ii) Shared power to vote or to direct the vote:
The information required by Item 4(c) is set forth in Rows 5-11 of the cover pages hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Item 4(c) is set forth in Rows 5-11 of the cover pages hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Item 4(c) is set forth in Rows 5-11 of the cover pages hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
The Reporting Persons are making this single, joint filing because they may be deemed to constitute a "group" within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The agreement among the Reporting Persons to file jointly in accordance with Rule 13d-1(k) of the Exchange Act is attached hereto as Exhibit 99.1. The Reporting Persons disclaim membership in a group and this report shall not be deemed an admission by any of the Reporting Persons that they are or may be members of a "group" for purposes of Rule 13d-5 or for any other purpose.
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
