Thinkful

New York, United States Founded: 2012 • Age: 14 yrs Acquired By Chegg
Online programming bootcamp and mentoring sessions are offered to students.
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About Thinkful

Thinkful is a company based in New York (United States) founded in 2012 was acquired by Chegg in September 2019.. Thinkful has raised $24.85 million across 4 funding rounds from investors including Chegg, Leif and Owl Ventures. Thinkful has completed 3 acquisitions, including Chegg Skills, The Odin Project and Viking Code School. Thinkful offers products and services including Technical Skills Program, Data Skills Program, and AI Skills Program. Thinkful operates in a competitive market with competitors including Galvanize, Coding Ninjas, Bcas, Kenzie and CareerFoundry, among others.

  • Headquarter New York, United States
  • Sectors
    Education
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Chegg Inc.
Operational Areas
Education → Higher & Professional Education
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $24.85 M (USD)

    in 4 rounds

  • Latest Funding Round
    $10 M (USD), Series A

    Mar 28, 2018

  • Investors
    Chegg

    & 8 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Chegg

    (Sep 04, 2019)

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Products & Services of Thinkful

Thinkful offers a comprehensive portfolio of products and services, including Technical Skills Program, Data Skills Program, and AI Skills Program. 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

Offers hands-on training in tech stacks and coding languages.

Provides courses on data analysis and business insights.

Teaches AI fundamentals and applications for professional use.

People of Thinkful
Headcount 50-200
Employee Profiles 8
Board Members and Advisors 1
Employee Profiles
People
Maren Beckman
Intelligence Engineer, Lytx
People
Brendan McGivern
Machine Learning Engineer, Chisel AI
People
Alina Verbenchuk
Product Go To Market Specialist, Youtube
People
Cristina Brackeen
Data Scientist, Dignity Health

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Board Members and Advisors
people
Arun Nair
Technology Advisor, EY

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Funding Insights of Thinkful

Thinkful has successfully raised a total of $24.85M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in March 2018. 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 4
  • Last Round Series A — $10.0M
  • First Round

    (22 Feb 2013)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2018 Amount Series A - Thinkful Valuation

investors

Jan, 2018 Amount Series A - Thinkful Valuation Owl Ventures
Jan, 2015 Amount Series A - Thinkful Valuation Floodgate
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 Thinkful

Thinkful has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Chegg, Leif and Owl Ventures. 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
Institutional
Investor Description Founded Year Domain Location
Investments in edtech companies are made by Owl Ventures.
Founded Year Domain Location
Early-stage VC firm investing in the US
Founded Year Domain Location
Early-stage investments are focused on by Floodgate in US startups.
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 Thinkful

Thinkful has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Chegg Skills, The Odin Project and Viking Code School. 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
Online web development courses and job placement are provided.
2014
Web development services are provided by The Odin Project.
2013
Web development is taught via online apprenticeship programs.
2012
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 - Thinkful

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

Thinkful Comparisons

Employees
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Competitors of Thinkful

Thinkful 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 Galvanize, Coding Ninjas, Bcas, Kenzie and CareerFoundry, 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
Bootcamps and startup growth platform
domain founded_year HQ Location
Provider of coding bootcamps and IIT certification programs
domain founded_year HQ Location
Scholarships for college students are facilitated through an online platform.
domain founded_year HQ Location
Apprenticeships and coding bootcamps for software engineers are provided.
domain founded_year HQ Location
Tech-based courses are delivered via an online learning 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 Thinkful

Frequently Asked Questions about Thinkful

When was Thinkful founded?

Thinkful was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Thinkful located?

Thinkful is headquartered in New York, United States. It is registered at New York, New York, United States.

Is Thinkful a funded company?

Thinkful is a funded company, having raised a total of $24.85M across 4 funding rounds to date. The company's 1st funding round was a Series A of $4.25M, raised on Feb 22, 2013.

What does Thinkful do?

Thinkful was founded in 2012 in New York, United States, within the online education sector. Students are connected with programmers and developers through a searchable platform for customized courses. Weekly 45-minute mentoring sessions are arranged, and projects are assigned to support coursework. Questions are posted for clarification, while peer networking is enabled. Resume and interview preparation are provided by tutors. Over 3000 students were enrolled as of January 2015.

Who are the top competitors of Thinkful?

Thinkful's top competitors include Galvanize, Coding Ninjas and Bcas.

What products or services does Thinkful offer?

Thinkful offers Technical Skills Program, Data Skills Program, and AI Skills Program.

How many acquisitions has Thinkful made?

Thinkful has made 3 acquisitions, including Chegg Skills, The Odin Project, and Viking Code School.

Who are Thinkful's investors?

Thinkful has 9 investors. Key investors include Chegg, Leif, Owl Ventures, Tribeca Venture Partners, and Floodgate.

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