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Codecademy

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Codecademy helps millions of learners around the world obtain the skills they need to succeed in today’s digital world -- all in a way that’s fun, free, and accessible anywhere

New York City, United StatesFounded 2011Edtech
Valuation $100–250M Last recorded · 2021
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Codecademy and the history behind them.

About Codecademy

Codecademy is an innovative online education platform that focuses on teaching coding and programming skills. The company serves a diverse range of clients, including students, professionals looking to upskill, and hobbyists interested in learning how to code. Codecademy operates in the rapidly growing online education market, which has seen significant expansion due to the increasing demand for digital skills in the modern workforce.

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The business model of Codecademy is primarily subscription-based. Users can access a variety of free courses, but for more advanced content and features, such as real-world projects, quizzes, and personalized learning plans, they need to subscribe to Codecademy Pro. This subscription model ensures a steady stream of revenue while providing users with valuable, in-depth learning experiences.

Codecademy makes money through these Pro subscriptions, as well as through partnerships with educational institutions and corporations that use its platform for training purposes. Additionally, Codecademy offers a range of career paths and skill paths, which are curated learning tracks designed to help users achieve specific career goals or master particular skills. These structured programs are another source of revenue, as they often require a Pro subscription.

The platform also emphasizes community engagement and peer support. Users can share their work, get feedback, and collaborate with others through forums and project-sharing features. This community-driven approach not only enhances the learning experience but also helps retain users and encourages them to continue their subscription.

In summary, Codecademy is a key player in the online education market, providing accessible and affordable coding education to a wide audience. Its subscription-based model, combined with a strong community focus, positions it well for continued growth in the digital learning space.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2011
Headquarters
New York City, United States
Employees
409
Open positions
None listed
Dealroom signal
67.8/100
Industry
Education, Enterprise Software
Sub-industry
Education Providers
Sector
Edtech, Coding, Online Courses, Corporate Learning, Lifelong and Consumer Learning, Steam, Upskilling and Reskilling, YC S11
Business model
Marketplace & ecommerce, SaaS
Client focus
b2b, b2c

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Dec 2021 $525M — Skillsoft ↗
SERIES DOther financing Feb 2021 $40M $160M Union Square Ventures · Prosus · Owl Ventures ↗
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

Codecademy website traffic

Latest recorded traffic for Codecademy is 3.6M monthly website visits, down 14.3% over the last three months. Codecademy's team declined 21% over the past year.

Latest monthly visits3.6M 3-month web change-14.3% 1-year team growth-21%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
Code First: GirlsOn a mission to transform tech by providing the skills, confidence, and inspiration for women and non-binaries to become developers, data whizzes, and future tech leaders London, United Kingdom Operational 268 $5.9M $24M
General AssemblyOffers full-time immersive programs that empower individuals to pursue work they love New York City, United States Acquired
PluralSightOnline training courses for developers Westlake, United States Acquired
LacerbaLacerba's courses are made by StartUps teaching programming, web designer, digital marketing and strategy covering all the steps of developing Startup Projects Milan, Italy Operational
Digital HouseA coding school that was born under the premise of creating the new generation of talents and professionals in the technological world, so that they dream, innovate and create a digital future that transforms all industries Pergamino, Argentina Operational
A Cloud GuruOn-demand cloud computing training platform Austin, United States Acquired
StackFuel GmbHOffers online based upskill and reskill programs in data literacy, data science and AI that are focused on the industry needs of businesses Berlin, Germany Acquired
UdacityProvides online courses for programming and data analysis development Mountain View, United States Acquired
Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

28 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

Series B and later9 investors entered at this stage

Other known investors1 additional known investor

  • Skillsoft
Team profiled 84 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
41 countries with
team presence
🇺🇸 United States51.5%
🇮🇳 India12%
🇬🇧 United Kingdom7.3%
🇳🇬 Nigeria5.2%
🇨🇦 Canada3%
Top 5 of 41 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Codecademy on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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