Thinkful

Thinkful

An e-learning company that has created a bootcamp for adults to gain skills necessary for careers in technology. It was acquired by Chegg in 2019. It was founded in 2012 and is located in Brooklyn, New York.

Thinkful is a Brooklyn-based software company that has created a platform for adults to learn software design, product design, data analytics, data science. The company states that it offers its students one-on-one mentoring, living stipends, career coaching, and networking connections.

Product

There is a five step process to enroll in a program on Thinkful, including an online application, interview, financing preparation, preparation for the technology evaluation, and the technology evaluation itself.

When students are enrolled in their program, they will receive a mentor. This mentor aids in structuring a study and course plan. For six months following the completion of the course, the student has access to a career coach who develops the student's networking and interviewing skills. Students also have a program manager who can aid with any issues that should arise.

The aforementioned programs vary in length of time from five to seven months, depending on the study availability of the student. The prices of the programs also vary and there are options for payment plans.

In 2018, Thinkful's estimated net revenue was $14 million.

Timeline

September 4, 2019

Chegg acquired Thinkful

Thinkful is acquired by Chegg for $80 million.

January 9, 2018

Thinkful raises a $9,600,000 series A round from RRE Ventures, FLOODGATE, Tribeca Venture Partners, Peter Thiel and Owl Ventures.

February 26, 2013

Thinkful raises a $1,000,000 seed round from RRE Ventures, Darrell Silver and Peter Thiel.

2012

Thinkful was founded by Darrell Silver and Daniel Friedman.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
2 Results
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People

Name
Role
LinkedIn

Daniel Friedman

Founder

Darrell Silver

Investor

Mark LaRosa

Advisor

Pedro Torres-Mackie

Investor

Rich Littlehale

Investor

Scott Wolfgang

Investor

Further reading

Title
Author
Link
Type
Date

Online coding bootcamp Thinkful is offering Technical.ly readers $600 off courses - Technical.ly DC

Web

January 18, 2019

Documentaries, videos and podcasts

Title
Date
Link

Thinkful Flexible Online Coding Bootcamp Platform Demo

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Bram Berkowitz
June 1, 2020
AmericanInno
We at Rhode Island Inno have established a curated calendar of statewide goings-on we think readers will enjoy -- alllll in one spot.
Zack Whittaker
September 19, 2019
TechCrunch
Thinkful, an online education site for developers, has confirmed a data breach, just days after it confirmed it would be acquired. "We recently discovered that an unauthorized party may have gained access to certain Thinkful company credentials so, out of an abundance of caution, we are notifying all of our users," said Erin Rosenblatt, the [...]

References

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