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Venture Capital News: Codecademy Scores $40M Series D

2021-02-23
NEW YORK, NY, Codecademy, the online learning platform teaching the world to code, announced its Series D fundraise of $40 million.
The round was led by Owl Ventures and with participation from Prosus and Union Square Ventures. Codecademy will use the capital to accelerate its DTC and B2B growth, including new products and learning solutions, expanded curriculum, and a greater footprint in growing global markets like India.

Codecademy is the leading online learning platform for technical skills, helping over 50 million people access high-quality, interactive coding education at their fingertips. Codecademy makes learning to code engaging, flexible, and accessible, empowering people to transform their lives and build something meaningful with technology. Codecademy works with individuals and organizations, with Codecademy for Business supporting companies as they train employees and build their teams' confidence. Codecademy also works with government partners, including the White House, UK, and Brazil, as well as major tech companies like Amazon and Google to develop curriculum. Headquartered in New York City, the company has raised $82.5M from investors including Owl Ventures, Prosus, Union Square Ventures, Kleiner Perkins, Index Ventures, and Y Combinator.
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