This article helps provide funding data for part 5 and part 6 of my annual review of the year in ed-tech

The following “learn to code” startups raised funding this year:

  • Galvanize ($45,000,000): Investors include ABS Capital Partners, Colorado Impact Fund, Haystack Partners, Greg Maffei, Aspen Grove Capital, and University Ventures
  • Codecademy ($30,000,000): Investors include Naspers, Flybridge Capital Partners, Index Ventures, Richard Branson, and Union Square Ventures
  • Andela ($24,000,000): Investors include Chan Zuckerberg Initiative, CRE Venture Capital, Learn Capital, Omidyar Network, Google Ventures, and Spark Capital
  • Revature ($20,000,000): Investors include University Ventures, Eden Capital, and USA Funds
  • Wonder Workshop ($20,000,000): Investors include WI Harper Group, Idea Bulb Ventures, Learn Capital, Charles River Ventures, Madrona Venture Group, and TCL
  • Tynker ($7,100,000): Investors include Cervin Ventures, Felicis Ventures, New Ground Ventures, Reach Capital, Relay Ventures, GSV Capital, NEA, John Katzman, and Deborah Quazzo
  • ZyBooks ($4,000,000): Investors include Bialla Venture Partners
  • CareerFoundry ($5,000,000): Investors include Tengelmann Ventures, Bauer Venture Partners, and IBB Beteiligungsgesellschaft
  • SAM Labs ($4,500,000): Investors include Imperial Ventures
  • Pi-top ($4,300,000): Investors include Hambro Perks and Committed Capital
  • CodeSpark ($4,100,000): Investors include Kapor Capital, Felton Group, Idealab, NewGen Capital, PGA Venture Partners, and Umang Gupta
  • Byte Academy ($2,670,000): Investors include Tri5 Ventures
  • Piper ($2,100,000): Investors include Princeton University, Reach Capital, 500 Startups, Founders XFund, Jaan Tallinn, and Jay Silver
  • CodeCombat ($2,000,000): Investors include Third Kind Venture Capital, Andreessen Horowitz, and Allen & Company
  • Code Kingdom ($1,400,000): Investors include Initial Capital, SparkLabs Global, Charles Mindenhall, and Manoj Badale
  • SoloLearn ($1,200,000): Investors include Learn Capital
  • Code Institute ($556,000): Investors include Kernel Capital and Enterprise Ireland
  • SP Robotic Works ($300,000): Investors include Indian Angel Network and the Chennai Angels
  • iAugmentor ($149,000): Investors include Rajasthan Angel Investor Network

Do note that University Ventures, which has consistently hyped coding bootcamps in Edsurge and in Techcrunch, has invested in a couple of these.

The following coding bootcamps were acquired this year:

  • Strayer Education acquired New York Code and Design Academy
  • Full Stack Academy acquired Starter League
  • Capella Education acquired Hackbright Academy and Dev Mountain
  • General Assembly acquired Bitmaker
  • Bloc acquired DevBridge

Note the interest by for-profits – Capella and Strayer – in buying these bootcamp startups. (Kaplan and the University of Phoenix have acquired bootcamps in previous years.)

Audrey Watters


Who's Funding Education Technology?

A Hack Education Project

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