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Nerdy Acquires Coding Education Startup As Demand For Computer Science Education Grows

PUBLIC · NRDYAug 15, 2022

Acquiring Company

Nerdy

Acquired Company

Codecademy

ClaytonInformation TechnologyEducationE LearningEdtechLanguage Learninginformation technology & services

Description

Nerdy Inc. (NYSE: NRDY), developer of Varsity Tutors, the popular online tutoring platform used by students from elementary school through college and adulthood, today announced that it is adding immersive coding classes to its fast-growing library of academic and enrichment programs. The acquisition of Codeverse, an award-winning creative online platform where kids build apps and games with real code, will enable Nerdy to meet the growing demand for computer science and coding education with consumers and in schools.

Quick answer

Nerdy is acquiring Codecademy, announced August 15, 2022. Nerdy is based in Clayton, Missouri, United States.

How much did Nerdy pay for Codecademy?
The deal value was not disclosed.
What does Nerdy do?
Nerdy (NYSE: NRDY) is a leading platform for live online learning, with a mission to transform the way people learn through technology.
Where are Nerdy and Codecademy based?
Nerdy is based in Clayton, Missouri, United States.

Source: Fundz verified event record.

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Company Information

Company

Nerdy

Location

101 South Hanley Road

Clayton, Missouri, United States

About

Nerdy (NYSE: NRDY) is a leading platform for live online learning, with a mission to transform the way people learn through technology. The Company’s purpose-built proprietary platform leverages technology, including AI, to connect learners of all ages to experts, delivering superior value on both sides of the network. Nerdy’s comprehensive learning destination provides learning experiences across thousands of subjects and multiple formats—including Learning Memberships, one-on-one instruction, small group tutoring, large format classes, and adaptive assessments. Nerdy’s flagship business, Varsity Tutors, is one of the nation’s largest platforms for live online tutoring and classes. Its solutions are available directly to students and consumers, as well as through schools and other institutions.

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Frequently asked

Who acquired Codecademy?

Codecademy was acquired by Nerdy, based in Clayton. The deal was reported on August 15, 2022. Nerdy (NYSE: NRDY) is a leading platform for live online learning, with a mission to transform the way people learn through technology. Nerdy is publicly traded (NRDY) and operates in Information Technology.

When did Nerdy acquire Codecademy?

Nerdy's acquisition of Codecademy was reported on August 15, 2022. Nerdy Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Codecademy do?

Learn the technical skills to get the job you want. Join over 50 million people choosing Codecademy to start a new career (or advance in their current one). It is privately held.

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