About Strategic Education
Strategic Education is a company based in Herndon (United States) founded in 1892.. The company has 3,800 employees as of December 31, 2024. Strategic Education has completed 4 acquisitions, including DevMountain, Devmountain and Hackbright Academy. Strategic Education offers products and services including Workforce Edge, Strayer University, Capella University, Hackbright Academy, and Devmountain. Strategic Education operates in a competitive market with competitors including Cengage Learning, Adventum Student Living, Costa Edutainment, Asset International and Ibmec, among others.
- Headquarter Herndon, United States
- Employees 3800 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
*********
- Legal Name Strategic Education, Inc.
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Annual Revenue
$1.22 B7.68as on Dec 31, 2024
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Net Profit
$112.68 M61.46as on Dec 31, 2024
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EBITDA
$201.65 M18.32as on Dec 31, 2024
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Latest Funding Round
$62.5 M (USD), Post-IPO
Jan 07, 2005
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Investors
Deutsche Bank
& 5 more
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Employee Count
3800
as on Dec 31, 2024
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Investments & Acquisitions
DevMountain
& 3 more
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IPO & Listings of Strategic Education
Strategic Education is a publicly listed company on the NASDAQ with ticker symbol STRA in USA, operating in the Consumer 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 Strategic Education
Strategic Education offers a comprehensive portfolio of products and services, including Workforce Edge, Strayer University, Capella University, Hackbright Academy, and Devmountain. 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 customized tuition and learning paths for employees
Offers accredited degrees and career-focused programs for students
Provides flexible online learning for professional development
Delivers coding bootcamps for tech skills enhancement
Focuses on practical coding and tech training programs
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Funding Insights of Strategic Education
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $62.5M
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First Round
First Round
(17 May 2000)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2005 | Amount | Post-IPO - Strategic Education | Valuation |
investors |
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| Nov, 2000 | Amount | Post-IPO - Strategic Education | Valuation |
investors |
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| May, 2000 | Amount | Post-IPO - Strategic Education | 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 Strategic Education
Strategic Education has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Deutsche Bank, TCV and Maveron. 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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Venture capital is invested in global technology companies by TCV.
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Founded Year | Domain | Location | |
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Venture capital investments in consumer businesses, emphasizing technology and human behavior.
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Founded Year | Domain | Location | |
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Investment firm scaling software and technology companies from early to late stages.
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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 Strategic Education
Strategic Education has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include DevMountain, Devmountain and Hackbright Academy. 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 bootcamps are provided for programmers and designers.
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2013 | ||||
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Online platform providing multi-disciplinary courses
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2013 | ||||
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Customized coding boot camps and tech training programs are offered.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
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 - Strategic Education
| 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 |
Strategic Education Comparisons
Competitors of Strategic Education
Strategic Education 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 Cengage Learning, Adventum Student Living, Costa Edutainment, Asset International and Ibmec, 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 |
Provider of education consulting services
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| domain | founded_year | HQ Location |
Study abroad consulting and student accommodation services are provided.
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| domain | founded_year | HQ Location |
Children's recreational, cultural, educational, and scientific activities are provided.
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| domain | founded_year | HQ Location |
Operates publishing and education portals focused on retirement and international securities
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| domain | founded_year | HQ Location |
Diversified courses and degrees are offered by Ibmec university.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Strategic Education
Frequently Asked Questions about Strategic Education
When was Strategic Education founded?
Strategic Education was founded in 1892 and raised its 1st funding round 108 years after it was founded.
Where is Strategic Education located?
Strategic Education is headquartered in Herndon, United States. It is registered at Herndon, Virginia, United States.
Who is the current CEO of Strategic Education?
Karl McDonnell is the current CEO of Strategic Education.
How many employees does Strategic Education have?
As of Dec 31, 2024, the latest employee count at Strategic Education is 3,800.
What is the annual revenue of Strategic Education?
Annual revenue of Strategic Education is $1.22B as on Dec 31, 2024.
What does Strategic Education do?
Founded in 1892 and headquartered in Herndon, United States, Strategic Education operates in the education sector. A range of programs and services is offered to non-traditional students, with emphasis placed on college affordability, student engagement, and workforce readiness. Operations focus on career advancement for working adults through innovative educational tools and resources.
Who are the top competitors of Strategic Education?
Strategic Education's top competitors include Cengage Learning, Adventum Student Living and Costa Edutainment.
What products or services does Strategic Education offer?
Strategic Education offers Workforce Edge, Strayer University, Capella University, Hackbright Academy, and Devmountain.
Is Strategic Education publicly traded?
Yes, Strategic Education is publicly traded on NASDAQ under the ticker symbol STRA.
How many acquisitions has Strategic Education made?
Strategic Education has made 4 acquisitions, including DevMountain, Devmountain, and Hackbright Academy.
Who are Strategic Education's investors?
Strategic Education has 6 investors. Key investors include Deutsche Bank, TCV, Maveron, Insight Partners, and New Mountain Capital.
What is Strategic Education's ticker symbol?
The ticker symbol of Strategic Education is STRA on NASDAQ.
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