About Codecademy
Codecademy is a company based in New York (United States) founded in 2011 was acquired by Skillsoft in December 2021.. Codecademy has raised $82.53 million across 4 funding rounds from investors including Kleiner Perkins, Skillsoft and Social Capital. The company has 191 employees as of December 31, 2022. Codecademy operates in a competitive market with competitors including Coursera, Pluralsight, Udemy, Udacity and MasterClass, among others.
- Headquarter New York, United States
- Employees 191 as on 31 Dec, 2022
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Sectors
Education
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Phone
*********
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Website
*********
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Social
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- Legal Name Ryzac 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
$82.53 M (USD)
in 4 rounds
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Latest Funding Round
$40 M (USD), Series D
Jan 27, 2021
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Investors
Kleiner Perkins
& 18 more
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Employee Count
191
as on Dec 31, 2022
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Acquired by
Skillsoft
(Dec 22, 2021)
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Funding Insights of Codecademy
Codecademy has successfully raised a total of $82.53M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $40 million completed in January 2021. 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 4
- Last Round Series D — $40.0M
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First Round
First Round
(28 Oct 2011)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Series D - Codecademy | Valuation | Owl Ventures | |
| Jul, 2016 | Amount | Series C - Codecademy | Valuation | Prosus | |
| Jun, 2012 | Amount | Series B - Codecademy | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in Codecademy
Codecademy has secured backing from 19 investors, including venture fund and angel investors. Prominent investors backing the company include Kleiner Perkins, Skillsoft and Social Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
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Investments in edtech companies are made by Owl Ventures.
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Founded Year | Domain | Location | |
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Venture capital firm focused on blockchain, wellbeing, and multiple sectors
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Founded Year | Domain | Location | |
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Tech companies are invested in by this venture capital firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Codecademy
| 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 |
Financial Statements - Codecademy
| 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 |
Codecademy Comparisons
Competitors of Codecademy
Codecademy 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 Coursera, Pluralsight, Udemy, Udacity and MasterClass, 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 |
An online platform for multi-course education is operated.
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Cloud-based LMS platform for IT industry
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Online courses in diverse subjects are provided via a marketplace.
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Online platform for professional development courses in software is provided.
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Online courses in creative fields are delivered by celebrity experts.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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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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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Codecademy
Frequently Asked Questions about Codecademy
When was Codecademy founded?
Codecademy was founded in 2011.
Where is Codecademy located?
Codecademy is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Codecademy a funded company?
Codecademy is a funded company, having raised a total of $82.53M across 4 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Oct 28, 2011.
How many employees does Codecademy have?
As of Dec 31, 2022, the latest employee count at Codecademy is 191.
What does Codecademy do?
Codecademy is a mobile and SaaS-based platform that teaches programming in Python, PHP, jQuery, JavaScript, AngularJS, and Ruby and markup languages such as HTML and CSS. Offers feedback, badges for completing exercises and keeps track of a users total score and total day streak, and displays it to others as well. Also allows users to create and publish a new course using a Course Creator tool. Also provides a forum where enthusiasts, beginners, and advanced coders can come together and help each other. Its mobile app is available for Android and iOS devices.
Who are the top competitors of Codecademy?
Codecademy's top competitors include Pluralsight, Coursera and MasterClass.
Who are Codecademy's investors?
Codecademy has 19 investors. Key investors include Kleiner Perkins, Skillsoft, Social Capital, Naspers, and Prosus.
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