Coursera, Inc. reported beneficial ownership disclosures from Insight Partners-related entities showing significant holdings in the company's common stock. The filing lists 30,425,805 shares (10.6%) held by Insight Holdings Group, LLC and multiple Insight-related funds with positions reported using 286,961,620 shares outstanding as of May 12, 2026.
The statement is a joint Schedule 13G filing under Rule 13d-1(k) by Insight-affiliated reporting persons and summarizes shared voting and dispositive power across affiliated funds and entities.
Positive
None.
Negative
None.
Insights
Insight-affiliated entities report double-digit and mid-single-digit stakes across pooled funds.
The filing enumerates beneficial ownership by multiple Insight entities, including 30,425,805 shares (10.6%) held by Insight Holdings Group, LLC and aggregated Fund VII holdings of 29,559,250 shares (10.3%), calculated on May 12, 2026 outstanding shares.
Ownership is presented as shared voting/dispositive power across funds; the filing also attaches a joint filing agreement under Rule 13d-1(k). Subsequent disclosures would show any change in voting alignment or conversions.
Concentrated institutional stakes are documented but no transaction or intent is stated.
The Schedule 13G lists specific shared voting/dispositive holdings (examples include 19,362,553 shares (6.7%) by Insight Venture Partners VII, L.P.). The filing is informational and does not state purchases, sales, or plans.
Because this is a passive ownership disclosure, market implications depend on future filings or statements by the holders; timing and cash-flow treatment are not included in the excerpt.
Key Figures
Shares outstanding used for calc:286,961,620 sharesInsight Holdings Group, LLC position:30,425,805 sharesInsight Venture Associates VII (Fund VII) position:29,559,250 shares+3 more
6 metrics
Shares outstanding used for calc286,961,620 sharesas of May 12, 2026
"Amount beneficially owned: The information required by Item 4(a) is set forth in Rows 5-11"
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 dispositive powerregulatory
"Shared Dispositive Power 30,425,805.00"
Rule 13d-1(k)regulatory
"The Reporting Persons are making this single, joint filing... in accordance with Rule 13d-1(k)"
joint filing agreementregulatory
"The agreement among the Reporting Persons to file jointly ... is attached hereto as Exhibit 99.1"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Coursera, Inc.
(Name of Issuer)
COMMON STOCK, $0.00001 PAR VALUE PER SHARE
(Title of Class of Securities)
22266M104
(CUSIP Number)
05/11/2026
(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
30,425,805.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
30,425,805.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
30,425,805.00
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)
10.6 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Calculations are based upon 286,961,620 shares of Common Stock of the Issuer outstanding as of May 12, 2026, as communicated by the Issuer to the Reporting Persons on May 13, 2026.
SCHEDULE 13G
CUSIP Number(s):
22266M104
1
Names of Reporting Persons
Insight Partners Public Equities Master Fund, 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
78,628.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
78,628.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
78,628.00
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 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Calculations are based upon 286,961,620 shares of Common Stock of the Issuer outstanding as of May 12, 2026, as communicated by the Issuer to the Reporting Persons on May 13, 2026.
SCHEDULE 13G
CUSIP Number(s):
22266M104
1
Names of Reporting Persons
Insight Partners Public Equities GP, 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
78,628.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
78,628.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
78,628.00
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 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Calculations are based upon 286,961,620 shares of Common Stock of the Issuer outstanding as of May 12, 2026, as communicated by the Issuer to the Reporting Persons on May 13, 2026.
SCHEDULE 13G
CUSIP Number(s):
22266M104
1
Names of Reporting Persons
Insight Venture Management, 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
78,628.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
78,628.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
78,628.00
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 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Calculations are based upon 286,961,620 shares of Common Stock of the Issuer outstanding as of May 12, 2026, as communicated by the Issuer to the Reporting Persons on May 13, 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
19,362,553.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
19,362,553.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
19,362,553.00
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)
6.7 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Calculations are based upon 286,961,620 shares of Common Stock of the Issuer outstanding as of May 12, 2026, as communicated by the Issuer to the Reporting Persons on May 13, 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
448,158.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
448,158.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
448,158.00
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)
0.2 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Calculations are based upon 286,961,620 shares of Common Stock of the Issuer outstanding as of May 12, 2026, as communicated by the Issuer to the Reporting Persons on May 13, 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
8,523,803.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
8,523,803.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
8,523,803.00
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 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Calculations are based upon 286,961,620 shares of Common Stock of the Issuer outstanding as of May 12, 2026, as communicated by the Issuer to the Reporting Persons on May 13, 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
1,224,736.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,224,736.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,224,736.00
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)
0.4 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Calculations are based upon 286,961,620 shares of Common Stock of the Issuer outstanding as of May 12, 2026, as communicated by the Issuer to the Reporting Persons on May 13, 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
29,559,250.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
29,559,250.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
29,559,250.00
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)
10.3 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Calculations are based upon 286,961,620 shares of Common Stock of the Issuer outstanding as of May 12, 2026, as communicated by the Issuer to the Reporting Persons on May 13, 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
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
29,559,250.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
29,559,250.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
29,559,250.00
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)
10.3 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: Calculations are based upon 286,961,620 shares of Common Stock of the Issuer outstanding as of May 12, 2026, as communicated by the Issuer to the Reporting Persons on May 13, 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
787,927.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
787,927.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
787,927.00
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)
0.3 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Calculations are based upon 286,961,620 shares of Common Stock of the Issuer outstanding as of May 12, 2026, as communicated by the Issuer to the Reporting Persons on May 13, 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
787,927.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
787,927.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
787,927.00
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)
0.3 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: Calculations are based upon 286,961,620 shares of Common Stock of the Issuer outstanding as of May 12, 2026, as communicated by the Issuer to the Reporting Persons on May 13, 2026.
SCHEDULE 13G
CUSIP Number(s):
22266M104
1
Names of Reporting Persons
Insight Falcon Partners (A), 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
78,628.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
78,628.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
78,628.00
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 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Calculations are based upon 286,961,620 shares of Common Stock of the Issuer outstanding as of May 12, 2026, as communicated by the Issuer to the Reporting Persons on May 13, 2026.
SCHEDULE 13G
CUSIP Number(s):
22266M104
1
Names of Reporting Persons
Insight Falcon Associates, 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
78,628.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
78,628.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
78,628.00
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 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: Calculations are based upon 286,961,620 shares of Common Stock of the Issuer outstanding as of May 12, 2026, as communicated by the Issuer to the Reporting Persons on May 13, 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
787,927.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
787,927.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
787,927.00
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)
0.3 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Calculations are based upon 286,961,620 shares of Common Stock of the Issuer outstanding as of May 12, 2026, as communicated by the Issuer to the Reporting Persons on May 13, 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, California, 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 Partners Public Equities Master Fund, L.P., a Cayman Islands exempted limited partnership ("IPPE Master Fund"); (iii) Insight Partners Public Equities GP, LLC, a Delaware limited liability company ("IPPE GP"); (iv) Insight Venture Management, LLC, a Delaware limited liability company ("IVM"); (v) Insight Falcon Partners (A), L.P., a Delaware limited partnership ("Falcon LP"); (vi) Insight Falcon Associates, Ltd., a Cayman Islands exempted company ("Falcon Ltd"); (vii) Insight Venture Partners VII, L.P., a Cayman Islands exempted limited partnership ("IVP VII"); (viii) Insight Venture Partners (Cayman) VII, L.P., a Cayman Islands exempted limited partnership ("Cayman VII"); (ix) Insight Venture Partners (Delaware) VII, L.P., a Delaware limited partnership ("Delaware VII"); (x) 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"); (xi) Insight Venture Associates VII, L.P., a Cayman Islands exempted limited partnership ("IVA VII LP"); (xii) Insight Venture Associates VII, Ltd., a Cayman Islands exempted company ("IVA VII Ltd"); (xiii) Insight Associates XI, L.P., a Cayman Islands exempted limited partnership ("IA XI LP"); (xiv) Insight Associates XI, Ltd., a Cayman Islands exempted company ("IA XI Ltd"); and (xv) 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 general partner of IPPE Master Fund is IPPE GP, whose sole member is IVM whose sole member is Falcon LP, whose general partner is Falcon Ltd. The sole shareholder of IVA VII Ltd, IA XI Ltd and Falcon 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 Number(s):
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 286,961,620 shares of Common Stock of the Issuer outstanding as of May 12, 2026, as communicated by the Issuer to the Reporting Persons on May 13, 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.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
As the general partner of the Fund VII Entities, IVA VII LP may be deemed to beneficially own all 29,559,250 shares of Common Stock held directly by the Fund VII Entities. As the general partner of IVA VII LP, IVA VII Ltd may be deemed to beneficially own all 29,559,250 shares of Common Stock held directly by the Fund VII Entities. As the manager of Grace, IA XI LP may be deemed to beneficially own all 787,927 shares of Common Stock held directly by Grace. As the general partner of IA XI LP, IA XI Ltd may be deemed to beneficially own all 787,927 shares of Common Stock held directly by Grace. As the general partner of IPPE Master Fund, IPPE GP may be deemed to beneficially own all 78,628 shares of Common Stock held directly by IPPE Master Fund. As the sole member of IPPE GP, IVM may be deemed to beneficially own all 78,628 shares of Common Stock held directly by IPPE Master Fund. As the sole member of IVM, Falcon LP may be deemed to beneficially own all 78,628 shares of Common Stock held directly by IPPE Master Fund. As the general partner of Falcon LP, Falcon Ltd may be deemed to beneficially own all 78,628 shares of Common Stock held directly by IPPE Master Fund. As the sole shareholder of IVA VII Ltd, IA XI Ltd and IVM, Holdings may be deemed to beneficially own all 29,559,250 shares of Common Stock held directly by the Fund VII Entities, all 787,927 shares of Common Stock held directly by Grace and all 78,628 shares of Common Stock held directly by IPPE Master Fund. The foregoing is not an admission by IVA VII LP, IVA VII Ltd, IA XI LP, IA XI Ltd, IPPE GP, IVM Falcon LP, Falcon Ltd or Holdings that it is the beneficial owner of the shares held of record by the Fund VII Entities, Grace or IPPE Master Fund, nor is it an admission by any of the Fund VII Entities, Grace or IPPE Master Fund that it is the beneficial owner of any shares of Common Stock held by the other of the Fund VII Entities, Grace or IPPE Master Fund.
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)(K), so indicate under Item 3(k) 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.
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.
Insight Holdings Group, LLC
Signature:
/s/ Andrew Prodromos
Name/Title:
Andrew Prodromos, Attorney-in-Fact
Date:
05/15/2026
Insight Partners Public Equities Master Fund, L.P.
Signature:
/s/ Andrew Prodromos
Name/Title:
Andrew Prodromos, Attorney-in-Fact
Date:
05/15/2026
Insight Partners Public Equities GP, LLC
Signature:
/s/ Andrew Prodromos
Name/Title:
Andrew Prodromos, Attorney-in-Fact
Date:
05/15/2026
Insight Venture Management, LLC
Signature:
/s/ Andrew Prodromos
Name/Title:
Andrew Prodromos, Attorney-in-Fact
Date:
05/15/2026
Insight Venture Partners VII, L.P.
Signature:
/s/ Andrew Prodromos
Name/Title:
Andrew Prodromos, Attorney-in-Fact
Date:
05/15/2026
Insight Venture Partners VII (Co-Investors), L.P.
Signature:
/s/ Andrew Prodromos
Name/Title:
Andrew Prodromos, Attorney-in-Fact
Date:
05/15/2026
Insight Venture Partners (Cayman) VII, L.P.
Signature:
/s/ Andrew Prodromos
Name/Title:
Andrew Prodromos, Attorney-in-Fact
Date:
05/15/2026
Insight Venture Partners (Delaware) VII, L.P.
Signature:
/s/ Andrew Prodromos
Name/Title:
Andrew Prodromos, Attorney-in-Fact
Date:
05/15/2026
Insight Venture Associates VII, L.P.
Signature:
/s/ Andrew Prodromos
Name/Title:
Andrew Prodromos, Attorney-in-Fact
Date:
05/15/2026
Insight Venture Associates VII, Ltd.
Signature:
/s/ Andrew Prodromos
Name/Title:
Andrew Prodromos, Attorney-in-Fact
Date:
05/15/2026
Insight Associates XI, L.P.
Signature:
/s/ Andrew Prodromos
Name/Title:
Andrew Prodromos, Attorney-in-Fact
Date:
05/15/2026
Insight Associates XI, Ltd.
Signature:
/s/ Andrew Prodromos
Name/Title:
Andrew Prodromos, Attorney-in-Fact
Date:
05/15/2026
Insight Falcon Partners (A), L.P.
Signature:
/s/ Andrew Prodromos
Name/Title:
Andrew Prodromos, Attorney-in-Fact
Date:
05/15/2026
Insight Falcon Associates, Ltd.
Signature:
/s/ Andrew Prodromos
Name/Title:
Andrew Prodromos, Attorney-in-Fact
Date:
05/15/2026
Grace Software Cross Fund Holdings, LLC
Signature:
/s/ Andrew Prodromos
Name/Title:
Andrew Prodromos, Attorney-in-Fact
Date:
05/15/2026
Exhibit Information
Exhibit 99.1 - Joint Filing Agreement, as required by Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended
What stake in Coursera (COUR) does Insight Holdings Group, LLC report?
Insight Holdings Group, LLC reports beneficial ownership of 30,425,805 shares, representing 10.6% of common stock based on 286,961,620 shares outstanding as of May 12, 2026.
How many shares outstanding were used to calculate percentages in the Coursera filing?
The filings calculate ownership percentages using 286,961,620 shares of common stock outstanding as of May 12, 2026, as communicated to the reporting persons on May 13, 2026.
Does the Schedule 13G show any purchases or sales by Insight entities?
No; the Schedule 13G lists beneficial ownership and voting/dispositive power for Insight entities but does not report any purchases, sales, or transaction direction in the provided excerpt.
Which Insight-related entities hold material positions in Coursera?
Notable positions include Insight Holdings Group, LLC (30,425,805 shares, 10.6%), Insight Venture Associates VII/related Fund VII entities (29,559,250 shares, 10.3%), and Insight Venture Partners VII, L.P. (19,362,553 shares, 6.7%).
Is the Schedule 13G a joint filing or individual filings?
The reporting persons made a single, joint filing under Rule 13d-1(k), and an agreement among the Reporting Persons is attached as Exhibit 99.1 to the statement.
