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Coding Dojo Secures $10M Of Venture Debt Financing From Eastward Capital Partners

Jun 30, 2022about 3 years ago

Amount Raised

$10 Million

Bellevue

Description

Coding Dojo, a global education technology company, announces today that it has secured $10 million of non-dilutive venture debt financing from Eastward Capital Partners. This new credit facility will accelerate the growth of Coding Dojo and support several initiatives, including key feature enhancements to its proprietary learning management system, accelerating the organization's international expansion, and continued improvements to its curricula and learning science.

Company Information

Company

Coding Dojo

Location

Bellevue, Washington, United States

About

To bolster its continued expansion, the company will be refining its patent-pending Skills Assessment, as well as creating new learning science algorithms, learner archetype profiles, and customized content for the various archetypes with the help of this new funding. In addition to its B2C business, Coding Dojo provides turnkey Bootcamp as a Service solutions to its B2B partners through corporate training, franchisees, as well as licensing their platform to businesses, governments, colleges, and more. Coding Dojo currently operates in 11 countries via these partnerships and will leverage this funding to continue expanding into more than 24 countries worldwide by the end of 2022. Coding Dojo has campuses in multiple US cities, as well as online programs. Coding Dojo is a leading education technology company that offers a three-full-stack computer programming bootcamp, as well as courses on Data Science, Cybersecurity, and other emerging technologies.

FundzWatch™ Score

88
Medium Activity

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech