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Chegg

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A marketplace for digital and physical textbook rentals, and online tutoring,

HQ

Santa Clara, CA USA

N/A

N/A

Founded
2005
Company
Analysis
Valuation
Contacts
Chegg is a student-focused eLearning platform. The company offers on-demand homework help, digital and physical textbook rentals, online tutoring, and other student services for a monthly subscription fee.
Chegg was founded in 2005 by Aayush Phumbhra, Osman Rashid, and Josh Carlson. As of 2013, the company began trading on the New York Stock Exchange (NYSE: CHGG).
Employees
9,557
As of Mar 07, 2023
Total Raised to Date
$220,400,000
91 Months Since Last Deal
Last Deal Details
Undisclosed
Post IPO Equity (April, 2016)
Last Valuation
Undisclosed

Company Overview

Operating Status
Active
Ownership Type(s)
Public
Main Product(s)
Education
Technology
AI / ML
Tags
EdTech, Microlearning

Operating Model

Model Type(s)
Subscription, Marketplace
Revenue Type(s)
Recurring, Transactional
Customer Type(s)
Consumers
Geographic Exposure
Global
Total Customers
10,000 +
Retention Range
50 -70%

Chegg - FAQ

When was Chegg founded?
Cheggwas founded in 2005.
Where is Chegg’s headquarters located?
Chegg’sheadquarters is located in Santa Clara, CA, USA.
How many employees does Chegg have?
Chegghas 9,557 employees as of March 07, 2023.
How much has Chegg raised to-date?
As of September 18, 2023,Chegghas raised a total of $220.40 million (USD) since 2005.
When was Chegg’s last funding round?
Chegg’smost recent funding round was for $2.40 million (USD) in April 2016.
How many customers does Chegg have?
Chegghas an estimated 10,000 + customers as of June 01, 2023.
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts
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