About Chegg
Chegg is a publicly listed company based in Santa Clara (United States) founded in 2005. Rental books and homework help are provided to university students. It operates in the Education and Media & Entertainment sectors. Chegg has raised $205.99 million across 16 funding rounds from investors including Bank of America, Morgan Stanley and Kleiner Perkins. The company has 1,270 employees. Chegg has completed 16 acquisitions, including 3D3R Software Studio, Busuu and Cite This For Me. Its website chegg.com draws about 4.9 million monthly visits. Its Indian entity Chegg India Private Limited reported revenue of ₹447 Cr. Its focus areas include Book Tech, Book Retail, Rental and EdTech. Its competitors include VitalSource, Packback and BookRenter; 2 of its 3 listed competitors have raised funding.
Company details
Chegg was founded in 2005 in Santa Clara, United States, as an online platform in the education sector. Textbooks are rented, bought, and sold through the service, with searches enabled by authors, prices, and subject categories. Students are assisted in locating colleges, internships, and scholarships. Coverage includes subjects such as Math, English, Engineering, and others, targeting university-level needs.
- Indian entity revenue₹447 Cr
FY 2025 · -30% YoY
- Indian entity net profit₹53.99 Cr
FY 2025 · 12% margin
- Indian entity EBITDA₹106 Cr
FY 2025 · 24% margin
- Total Equity Funding$205.99M (USD)
in 16 rounds
- Latest Funding Round$900M (USD), Post-IPO
Aug 2020
- InvestorsBank of America
& 12 more
- Employee Count1,270
- Investments & Acquisitions3D3R Software Studio
& 15 more
Associated legal entities of Chegg
Chegg operates through Chegg India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Chegg India Private Limited CIN U80101DL2006PTC148392 | Active | 17 Apr 2006 | New Delhi, Delhi | ₹447 Cr | 849 | 3 | View details |
Apps and channels of Chegg
Chegg publishes 2 mobile apps with over 5M+ downloads.
Funding Insights of Chegg
Chegg has successfully raised a total of $205.99M across 16 strategic funding rounds. The most recent funding activity was a Post-IPO round of $900 million completed in August 2020. 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 $205.99M
- Total Rounds 16
- Last Round Post-IPO — $900M
- First Round $2.28M
(Jan 2007)
- Investors Count 13
Latest 10 of 16 funding rounds of Chegg with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2020 | $900M | Post-IPO | – | – | – |
| Mar 2019 | $700M | Post-IPO | – | – | |
| Oct 2014 | $974,719 | Post-IPO | – | – | – |
| Apr 2014 | $1.64M | Post-IPO | – | – | – |
| Dec 2012 | $250,000 | Series F | – | – | – |
| May 2012 | $2.4M | Series F | – | – | – |
| Mar 2012 | $25M | Series F | – | – | – |
| Aug 2011 | $5.91M | Series E | – | – | – |
| Jun 2011 | $3.77M | Series E | – | – | – |
| Sep 2010 | $75M | Series E | – | – |
13 investors in total: 12 institutional and 1 angel.
Investors in Chegg
Chegg has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Bank of America, Morgan Stanley and Kleiner Perkins.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture debt and equity financing are provided across US sectors. | 2002 | pinnacleventures.com | Palo Alto, United States | |
Investment firm scaling software and technology companies from early to late stages. | insightpartners.com | |||
Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors | 1995 | foundationcapital.com | Palo Alto, United States | |
VC firm investing in the US | gabrielvp.com | San Mateo, United States | ||
Investments in technology companies are made by Primera Capital. | primeracapital.com | Oakland, United States | ||
Venture capital firm investing in early-stage tech startups | 1972 | kleinerperkins.com | Menlo Park, United States | |
Wealth management, investment advisory, and financial services are provided. | 1935 | morganstanley.com | New York, United States | |
Commercial banking and asset management services are offered worldwide. | 1904 | bankofamerica.com | Charlotte, United States | |
Wealth management firm | 1932 | alleninvestments.com | Lakeland, United States | |
| brai.com |
Investor details for Chegg
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Board of directors of Chegg India Private Limited (Chegg)
Chegg India Private Limited is the primary company behind Chegg. The board of Chegg India Private Limited currently have 2 directors; the longest-serving is Uday Shanker Karthikeyan, appointed in 2023. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Uday Shanker Karthikeyan DIN 10390581 | Managing Director | 13 Nov 2023 | 2 yrs 11 mo | Chegg India Private Limited |
| David Longo Michael DIN 10671418 | Director | 18 Jun 2024 | 2 yrs 4 mo | Chegg India Private Limited |
People of Chegg
166 people are tracked at Chegg (32 in leadership, 7 in board & advisors, 127 in team); the tracked headcount is 1,270.
| Name | Role | Group |
|---|---|---|
Sabyasachi Dutta | Director - Digital Operations | Leadership |
Chris Mason | Chief Business Officer | Leadership |
Aviel Lazar | VP Engineering | Leadership |
Dan Rosensweig | CEO | Leadership |
Pradeep Rajpoot | VP Of Software Engineering | Leadership |
Hasib Omarzi | Head Of Finance (opex) | Leadership |
Gopinath Rangappa | Director Of Engineering | Leadership |
Bonny Brown | Vice President, Consumer Insights | Leadership |
Jim Kelly | Vice President Business Development | Leadership |
Debra Thompson | Chief People Officer | Leadership |
Layne Buckley | VP Total Rewards, Hris, HR Operations, Recruitment & Organization Effectiveness | Leadership |
Hector Gomez | Head Of Business Development (busuu, Latin America) | Leadership |
Rahul Desai | CTO | Leadership |
Stacie Jaramillo | Vp, HRBP And Employee Experience | Leadership |
Meytal Sandor | Head Of People And Culture | Leadership |
Jonathan Hiner | Sr. Director, Fp&a And Analytics | Leadership |
| CFO | Leadership | |
Stephanie Lam | Senior Director Tax | Leadership |
Nimish Gogri | Senior Director Of Software Engineering | Leadership |
Brian McGuiness | Vice President Engineering Operations | Leadership |
146 more people are available in the full profile.
Complete people profiles for Chegg
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IPO & Listings of Chegg
Chegg is a publicly listed company on the NYSE with ticker symbol CHGG in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date14 Nov 2013
- Listed onNYSE: CHGG
- Listed entityChegg, Inc.
- Exchange sectorCommercial services
- ISINUS1630921096
- Share price$0.71 (+0.32% on the day) · 2026-10-13
- Market capitalisation$79.2M
- EPS (diluted, trailing year)$-0.49
- Volume (last session)310,664
Financials of Chegg
Figures of Chegg India Private Limited, the primary company behind Chegg, for FY 2025. Revenue was ₹447 Cr (-30% year on year). Net profit was ₹53.99 Cr (12% margin). EBITDA was ₹106 Cr (24% margin). Revenue has grown at a compounded annual rate of -6% over three years and +12% over five years.
- ₹447 CrRevenue · FY 2025 · -30% YoY
- ₹53.99 CrNet profit · 12% margin
- ₹106 CrEBITDA · 24% margin
- ₹5 LakhPaid-up capital
- 849Employees (provident fund records)
- -6%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $376.9M | -$103.4M | $36.0M |
| 2024 | $617.6M | -$837.1M | $43.1M |
| 2023 | $716.3M | $18.2M | $116.5M |
| 2022 | $766.9M | $266.6M | $106.4M |
| 2021 | $776.3M | -$1.5M | $155.6M |
Balance sheet, profit and loss, cash flow and ratios of Chegg India Private Limited are on its company page.
Detailed financial statements for Chegg
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Investments & Acquisitions by Chegg
Chegg has strategically engaged in corporate development activities, having acquired 16 companies. Notable acquisitions include 3D3R Software Studio, Busuu and Cite This For Me.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Social networking for language learning is enabled via mobile platform. | busuu.com | London, United Kingdom | 2008 | Nov 2021 | $436M | |
Math problems are solved step-by-step through web and mobile tools. | mathway.com | Center Valley, United States | 2008 | Jun 2020 | $100M | |
Online programming bootcamp and mentoring sessions are offered to students. | thinkful.com | New York, United States | 2012 | Sep 2019 | $80M | |
Collaborative learning resources are shared via crowd-sourced flashcards and quizzes. | studyblue.com | San Francisco, United States | 2008 | Jul 2018 | $20.8M | |
Writing feedback is provided by a browser-based analysis tool. | writelab.com | Berkeley, United States | 2013 | May 2018 | $15M | |
Mobile platform providing mathematical homework help | math-42.com | Berlin, Germany | 2013 | Oct 2017 | $14.78M | |
Online platform for generating citations and references in various formats | citethisforme.com | United States | 2010 | May 2016 | •••• | |
Student resources for reading and writing skill development are provided. | imagineeasy.com | New York, United States | 2001 | May 2016 | $42M | |
An online job board is operated for graduates seeking internships. | internships.com | Santa Clara, United States | 2010 | Oct 2014 | •••• | |
Online tutoring is provided for high school and college students. | instaedu.com | San Francisco, United States | 2011 | Jun 2014 | $30M |
Complete acquisition details for Chegg
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Timeline of Chegg
14 dated milestones of Chegg across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Chegg is founded.
- Funding First funding round of $2.3M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires InstaEDU.
- Acquisition Acquires Internships.
- Acquisition Acquires Imagine Easy.
- Acquisition Acquires Cite This For Me.
- Acquisition Acquires Math 42.
- Acquisition Acquires WriteLab.
- Acquisition Acquires StudyBlue.
- Acquisition Acquires Thinkful.
- Acquisition Acquires Mathway.
- Funding Latest funding round, Post-IPO, of $900.0M.
- Acquisition Acquires Busuu.
Competitors of Chegg
Chegg has 3 listed competitors in our database, 2 of them funded. They include VitalSource, Packback and BookRenter.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vitalsource.com | 1994 | Raleigh, United States | 298 | Online platform offering ebooks and digital learning tools | ||
| packback.co | 2012 | Chicago, United States | $13.64M | 111 | Text book rental platform | |
| bookrenter.com | 2007 | San Mateo, United States | $56M | Operates an online service for renting textbooks. |
Detailed competitors of Chegg
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Web traffic of Chegg
The website of Chegg (chegg.com) receives about 4.9M visits a month and ranks #8,617 among all websites worldwide, #404 in Education.
- Monthly visits4.9M
▼ 20% vs previous month
- Unique visitors2.9M
per month
- Global rank#8,617
among all websites
- Category rank#404
Science and Education · Education
- Bounce rate47%
- Pages per visit4.1
- Average visit4 min 08 sec
- DevicesDesktop 70% · Mobile 30%
Websites whose visitors overlap most with Chegg. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| coursehero.com | 100% | 6M | #10,134 | View details | |
| brainly.com | 98% | 5.5M | #11,317 | View details | |
| studocu.com | 89% | 34.4M | #1,492 | View details | |
| cliffsnotes.com | 86% | #19,711 | View details | ||
| quizlet.com | 85% | 67.6M | #613 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Chegg
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Top companies in Education Technology Platforms
3 companies that operate in the same segment as Chegg (Education Technology Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a platform providing gamified language learning through interactive exercises | 2011 | Pittsburgh, Pennsylvania, United States | USD 183.3 M | USD 748.02 M | 900 | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 47.59 M | 1,308 | |
Online platform for preschool management and parent updates is offered. | 2014 | San Francisco, California, United States | USD 88.8 M |
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Related news about Chegg
Complete news archive for Chegg
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Frequently Asked Questions about Chegg
Chegg was founded in 2005 and raised its 1st funding round 2 years after it was founded.
Chegg is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Chegg is a funded company, having raised a total of $205.99M across 16 funding rounds to date. The company's 1st funding round was a Series E of $75M, raised on Jan 2007.
Chegg has 1,270 employees.
The primary company behind Chegg, Chegg India Private Limited, reported revenue of ₹447 Cr for FY 2025, down 30% year on year.
Chegg was founded in 2005 in Santa Clara, United States, as an online platform in the education sector. Textbooks are rented, bought, and sold through the service, with searches enabled by authors, prices, and subject categories. Students are assisted in locating colleges, internships, and scholarships. Coverage includes subjects such as Math, English, Engineering, and others, targeting university-level needs.
Chegg's top competitors include VitalSource, Packback and BookRenter.
Yes, Chegg is publicly traded on NYSE under the ticker symbol CHGG.
Chegg has made 16 acquisitions, including 3D3R Software Studio, Busuu, and Cite This For Me.
Chegg has 13 investors. Key investors include Bank of America, Morgan Stanley, Kleiner Perkins, Chubb, and Allen & Company.
Chegg operates through Chegg India Private Limited.
The legal entities of Chegg currently have 3 directors, including Garima Agarwal, David Longo Michael, Uday Shanker Karthikeyan.