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Craftsy

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Is the premier destination for learning, inspiration, and supplies for passionate enthusiast makers

Wayzata, United StatesFounded 2011Edtech
Valuation $250–500M Last recorded · 2014
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Craftsy and the history behind them.

About Craftsy

Craftsy operates as an online learning platform specializing in video-on-demand courses for a wide range of creative skills and hobbies. Founded in April 2010 as Sympoz Inc. by former eBay executives John Levisay and Josh Scott, along with Todd Tobin, Bret Hanna, and Andrew Rogers, the company aimed to provide high-quality, in-depth instructional content as an alternative to the short-form videos prevalent on other platforms. The founders' backgrounds in internet and engineering were pivotal in building a platform designed to overcome the geographical and time constraints of traditional classes.

The company's primary offering is a vast library of video classes covering subjects such as quilting, sewing, knitting, cake decorating, painting, and photography. These courses are taught by expert instructors and are known for their professional production quality, including clear video and sound. Craftsy's business model is centered on a subscription service, offering monthly or yearly plans for unlimited access to its entire catalog of over 3,000 hours of content. Additionally, the platform provides the option to purchase individual classes for perpetual access and sells downloadable resources like patterns. It originally also included an e-commerce component for craft supplies and kits, though this has been discontinued under its current ownership.

Craftsy's journey has been marked by significant transformations. After securing nearly $100 million in funding by 2014, NBCUniversal acquired a majority stake in 2017. This led to a rebranding in 2018 to "Bluprint," which expanded the content scope to broader lifestyle topics like dance, fitness, and writing, aiming to create a "Netflix for hobbies." However, NBCUniversal later decided to shut down Bluprint. In July 2020, the assets were acquired by TN Marketing, a Minneapolis-based digital video subscription company. TN Marketing reverted the name back to Craftsy and relaunched the site, honoring previous customer purchases and focusing on the core subscription and a la carte class model.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2011
Headquarters
Wayzata, United States
Employees
62
Open positions
None listed
Dealroom signal
27.3/100
Industry
Education
Sub-industry
Education Providers
Sector
Edtech, Online Courses, Lifelong and Consumer Learning
Business model
Marketplace & ecommerce
Client focus
b2c

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing May 2017 $0 — NBCUniversal —
LATE VCOther financing Nov 2014 $50M $200M Silicon Valley Bank · Stripes · Foundry · Harrison Metal —
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Craftsy website traffic

Latest recorded traffic for Craftsy is 500K monthly website visits, down 41.2% over the last three months. Craftsy's team grew 0% over the past year.

Latest monthly visits500K 3-month web change-41.2% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

Series A2 investors entered at this stage

Series B and later3 investors entered at this stage

Other known investors1 additional known investor

  • NBCUniversal
Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States95%
🇨🇦 Canada5%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Craftsy on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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