About Cengage Group
Cengage Group is a company based in Independence (United States) founded in 2007.. Cengage Group has raised $525 million across 1 funding round. Cengage Group has completed 2 acquisitions, including InfoSec Institute and Visible Body. Cengage Group offers products and services including ed2go, Gale, Higher Ed, and Infosec. Cengage Group operates in a competitive market with competitors including Trilogy Education Services, iNurture, ByteXL, ImaginXP and MentorKart, among others.
- Headquarter Independence, United States
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Sectors
Education
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Email
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Phone
*********
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Website
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Social
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- Legal Name Cengage Learning, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$525 M (USD)
in 1 rounds
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Latest Funding Round
$525 M (USD), Series D
May 22, 2023
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
InfoSec Institute
& 1 more
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Products & Services of Cengage Group
Cengage Group offers a comprehensive portfolio of products and services, including ed2go, Gale, Higher Ed, and Infosec. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for online learning and skill development courses
Provides access to educational and research resources
Offers digital tools for higher education institutions
Delivers training for information security skills
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Leadership Team
62 people
Sales and Marketing
49 people
Software Development Team
47 people
Human Resources and Administration
29 people
Finance and Accounting
24 people
Creative and Marketing Team
23 people
Senior Team
19 people
Product Management Team
15 people
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Funding Insights of Cengage Group
Cengage Group has successfully raised a total of $525M through 1 strategic funding round. The most recent funding activity was a Series D round of $525 million completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series D — $525.0M
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First Round
First Round
(22 May 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2023 | Amount | Series D - Cengage Group | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Cengage Group
Cengage Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include InfoSec Institute and Visible Body. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
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Online courses and offline boot camps on IT are offered.
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1998 | ||||
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Interactive 3D apps for anatomy and physiology learning are developed.
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Cengage Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cengage Group Comparisons
Competitors of Cengage Group
Cengage Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Trilogy Education Services, iNurture, ByteXL, ImaginXP and MentorKart, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Alternative credentials are offered via university partnerships for skills training.
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Curriculum design solutions for job-oriented university courses are provided.
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Online platform offering tools and training to learn coding
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User-interface design training is delivered through an app-based platform.
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Online platform offering courses for professionals
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| domain | founded_year | HQ Location |
Data science, career coaching, and digital marketing training are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cengage Group
Frequently Asked Questions about Cengage Group
When was Cengage Group founded?
Cengage Group was founded in 2007 and raised its 1st funding round 16 years after it was founded.
Where is Cengage Group located?
Cengage Group is headquartered in Independence, United States. It is registered at Independence, Missouri, United States.
Who is the current CEO of Cengage Group?
Michael Hansen is the current CEO of Cengage Group.
Is Cengage Group a funded company?
Cengage Group is a funded company, having raised a total of $525M across 1 funding round to date. The company's 1st funding round was a Series D of $525M, raised on May 22, 2023.
What does Cengage Group do?
Cengage Group was founded in 2007 and is headquartered in Independence, United States. Educational solutions are provided through digital platforms to support job skill acquisition for students ranging from middle school to graduate levels. Career guidance is facilitated, with services extending to Android-compatible applications. Operations focus on the edtech sector, addressing skill-building and professional preparation needs.
Who are the top competitors of Cengage Group?
Cengage Group's top competitors include Trilogy Education Services, ImaginXP and ByteXL.
What products or services does Cengage Group offer?
Cengage Group offers ed2go, Gale, Higher Ed, and Infosec.
How many acquisitions has Cengage Group made?
Cengage Group has made 2 acquisitions, including InfoSec Institute, and Visible Body.
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