Chegg Skills

San Francisco, United States Founded: 2012 • Age: 14 yrs Acquired By Thinkful
Web development is taught via online apprenticeship programs.
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About Chegg Skills

Chegg Skills is a company based in San Francisco (United States) founded in 2012 was acquired by Thinkful in April 2018. It operates as a Subscription Services, and EduTech. Chegg Skills has raised $8.25 million across 3 funding rounds from investors including Thinkful, Shasta Ventures and Harrison Metal. The company has 109 employees as of December 31, 2022. Chegg Skills has completed 1 acquisition, including Devbridge. Chegg Skills offers products and services including Technical Skills Programs, Data Skills Programs, AI Skills Programs, and Business Skills Programs. Chegg Skills operates in a competitive market with competitors including Pluralsight, Codecademy, Udacity, Galvanize and Springboard, among others.

  • Headquarter San Francisco, United States
  • Employees 109 as on 31 Dec, 2022
  • Sectors
    Education
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Chegg Inc.
Operational Areas
Education → Higher & Professional Education
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $8.25 M (USD)

    in 3 rounds

  • Latest Funding Round
    $6 M (USD), Series A

    Nov 26, 2014

  • Investors
    Thinkful

    & 5 more

  • Employee Count
    109

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    Thinkful

    (Apr 10, 2018)

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Products & Services of Chegg Skills

Chegg Skills offers a comprehensive portfolio of products and services, including Technical Skills Programs, Data Skills Programs, AI Skills Programs, and Business Skills Programs. 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.

Primary

Programs are offered for learning technical skills effectively.

Courses are provided for data analytics and insights.

Training is delivered on artificial intelligence applications.

Skills in leadership and communication are taught.

Funding Insights of Chegg Skills

Chegg Skills has successfully raised a total of $8.25M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in November 2014. 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 Rounds 3
  • Last Round Series A — $6.0M
  • First Round

    (10 May 2012)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2014 Amount Series A - Chegg Skills Valuation Shasta Ventures
Dec, 2013 Amount Seed - Chegg Skills Valuation Harrison Metal
May, 2012 Amount Seed - Chegg Skills Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Chegg Skills

Chegg Skills has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Thinkful, Shasta Ventures and Harrison Metal. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm investing in early stage startups
Founded Year Domain Location
Tech focused VC firm investing in early-stage startups in the US
Founded Year Domain Location
Seed and early-stage investments are focused on US tech companies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Chegg Skills

Chegg Skills has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Devbridge. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Software development services for web and mobile applications are provided.
2008
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Chegg Skills

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Chegg Skills Comparisons

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Competitors of Chegg Skills

Chegg Skills 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 Pluralsight, Codecademy, Udacity, Galvanize and Springboard, 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
domain founded_year HQ Location
Cloud-based LMS platform for IT industry
domain founded_year HQ Location
Mobile and SaaS-based platform to learn coding
domain founded_year HQ Location
Online platform for professional development courses in software is provided.
domain founded_year HQ Location
Bootcamps and startup growth platform
domain founded_year HQ Location
Online courses, workshops, and expert mentorship are delivered.
domain founded_year HQ Location
Programming courses are delivered via a mobile platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Chegg Skills

Frequently Asked Questions about Chegg Skills

When was Chegg Skills founded?

Chegg Skills was founded in 2012.

Where is Chegg Skills located?

Chegg Skills is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Is Chegg Skills a funded company?

Chegg Skills is a funded company, having raised a total of $8.25M across 3 funding rounds to date. The company's 1st funding round was a Seed of $250K, raised on May 10, 2012.

How many employees does Chegg Skills have?

As of Dec 31, 2022, the latest employee count at Chegg Skills is 109.

What does Chegg Skills do?

A variety of online learning programs are offered by Chegg Skills to support career growth. Focus is placed on technical, data, AI, and business skills across in-demand fields. Hands-on projects and flexible learning formats are utilized to equip learners with practical expertise. Sectors such as cybersecurity, web development, data analytics, and digital marketing are covered. Personalized support is provided to ensure learner success and long-term career impact.

Who are the top competitors of Chegg Skills?

Chegg Skills's top competitors include Pluralsight, Udacity and Codecademy.

What products or services does Chegg Skills offer?

Chegg Skills offers Technical Skills Programs, Data Skills Programs, AI Skills Programs, and Business Skills Programs.

How many acquisitions has Chegg Skills made?

Chegg Skills has made 1 acquisition, including Devbridge.

Who are Chegg Skills's investors?

Chegg Skills has 6 investors. Key investors include Thinkful, Shasta Ventures, Harrison Metal, Baseline Ventures, and First Round Capital.

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