About Nerdy
Nerdy is a company based in Panama founded in 2007.. The company has 600 employees as of December 31, 2024. Nerdy has completed 1 acquisition, including Codeverse. Nerdy offers products and services including Live Learning Platform, Varsity Tutors, and Tutor Copilot. Nerdy operates in a competitive market with competitors including Simplilearn, Maven, Unstop, Emeritus and Able Jobs, among others.
- Headquarter Panama
- Employees 600 as on 31 Dec, 2024
- Stage Public
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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 Nerdy Inc.
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Annual Revenue
$190.23 M-1.64as on Dec 31, 2024
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Net Profit
$-42.59 M-6as on Dec 31, 2024
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EBITDA
$-63.59 M-24.71as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
600
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of Nerdy
Nerdy is a publicly listed company on the NYSE with ticker symbol NRDY in USA, operating in the Technology 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.
Products & Services of Nerdy
Nerdy offers a comprehensive portfolio of products and services, including Live Learning Platform, Varsity Tutors, and Tutor Copilot. 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.
Engineered for AI-infused interactive learning sessions.
Flagship service for personalized subject-based learning.
Assists tutors with real-time suggestions and content generation.
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Funding Insights of Nerdy
| 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 Nerdy
Nerdy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Codeverse. 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Coding classes and boot camps for children are offered.
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2016 |
| 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 - Nerdy
| 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 |
Nerdy Comparisons
Competitors of Nerdy
Nerdy 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 Simplilearn, Maven, Unstop, Emeritus and Able Jobs, 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 |
Professional certification programs are delivered through a mobile platform.
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| domain | founded_year | HQ Location |
Online learning platform focused on career growth is operated.
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| domain | founded_year | HQ Location |
Online platform for talent engagement and skill based hiring
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| domain | founded_year | HQ Location |
Provider of online professional development courses
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| domain | founded_year | HQ Location |
Online candidate assistance is provided through tools and training platforms.
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| domain | founded_year | HQ Location |
Developers are connected with mentors for online one-to-one programming sessions.
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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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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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 Nerdy
Frequently Asked Questions about Nerdy
When was Nerdy founded?
Nerdy was founded in 2007.
Where is Nerdy located?
Nerdy is headquartered in Panama.
How many employees does Nerdy have?
As of Dec 31, 2024, the latest employee count at Nerdy is 600.
What is the annual revenue of Nerdy?
Annual revenue of Nerdy is $190.23M as on Dec 31, 2024.
What does Nerdy do?
Nerdy was founded in 2007 and is headquartered in Panama. An online platform is operated in the education technology sector, where AI-driven multi-disciplinary learning solutions are provided. Services include one-on-one tutoring, group classes, and self-study options. Users are assessed through data-driven tools, connected to tutors, and supported with personalized learning paths. Operations focus on assessment and educational matching across various subjects.
Who are the top competitors of Nerdy?
Nerdy's top competitors include Simplilearn, Unstop and MyCaptain.
What products or services does Nerdy offer?
Nerdy offers Live Learning Platform, Varsity Tutors, and Tutor Copilot.
Is Nerdy publicly traded?
Yes, Nerdy is publicly traded on NYSE under the ticker symbol NRDY.
How many acquisitions has Nerdy made?
Nerdy has made 1 acquisition, including Codeverse.
What is Nerdy's ticker symbol?
The ticker symbol of Nerdy is NRDY on NYSE.