BloomTech - About the company
BloomTech is a series C company based in San Francisco (United States), founded in 2017 by Austen Allred and Caleb Hicks. It operates as a Provider of online courses focused on technology and software development. BloomTech has raised $137M in funding from investors like Y Combinator, Vy Capital and Google Ventures, with a current valuation of $*****. The company has 289 active competitors, including 12 funded and 13 that have exited. Its top competitors include companies like Edureka, General Assembly and Hyperion Development.
Company Details
Provider of online courses focused on technology and software development. The courses cover full stack web development and artificial intelligence for developer productivity. Academic and career support is provided from the start of the program. The programs are designed to help individuals launch technology careers.
- Website
- www.bloomtech.com/
- Email ID
- *****@bloomtech.com
- Phone Number
- +1 **********
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2017
Location
San Francisco, United States
Stage
Series C
Total Funding
$137M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 22, 2017
Investors
Ranked
4th among 289 active competitors
Employee Count
4,727 as on Feb 28, 2026
Legal entities associated with BloomTech
BloomTech is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
BloomTech Inc. CIN: 20221438646 , United States, Active | Apr 27, 2022 | - | - | - |
BloomTech Inc., CIN: 82-1747820 , United States, Active | Dec 31, 2016 | - | - | - |
LAMBDA INC. CIN: 821747820 , United States, Active | Dec 31, 1999 | - | 113 (As on Dec 31, 2022) | - |
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BloomTech's funding and investors
BloomTech has raised a total funding of $137M over 6 rounds. Its first funding round was on Aug 22, 2017. BloomTech has 28 institutional investors and 16 angel investors.
Here is the list of recent funding rounds of BloomTech:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 14, 2024 | 4843126 | Series C | 3772943 | 9627477 | 5546817 | 7487632 |
Aug 21, 2020 | 6585053 | Series C | 1328010 | 8791239 | 2843964 | |
Jan 08, 2019 | 1704206 | Series B | 9102366 | 4040087 |
View details of BloomTech's funding rounds and investors
BloomTech's founders and board of directors
Founder? Claim ProfileHere are the details of BloomTech's key team members:
- Austen Allred: Co-Founder & CEO of BloomTech. They are also an angel investor in 16 startups and serve on the board of 1 company.Contact Info: 1 email address
- Caleb Hicks: Former Co-Founder of BloomTech.
BloomTech's Board of Directors
BloomTech's board has 7 active members. Elias Torres, Jessica Verrilli, Stephen Oskoui, John Danner, Austen Allred, Ximena Flores and Benhamin Nelson are independent board members.Here is the list of BloomTech's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 2y 6m | |
ezwmwje | Independent board member | - | Current | 2y 7m |
zbuvrgd | Independent board member | - | Current | 8y 4m |
ncskrwv | Independent board member | - | Current | 4y 9m |
eexivfd | Independent board member | - | Current | 3y 6m |
uypf{fk | Independent board member | - | Current | 6y 4m |
iqmghcc | Independent board member | - | Current | 7y 6m |
View details of BloomTech's Founder profiles and Board Members
BloomTech's employee count trend
BloomTech has 4,727 employees as of Feb 26. Here is BloomTech's employee count trend over the years:
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BloomTech's Competitors and alternates
Top competitors of BloomTech include Edureka, General Assembly and Hyperion Development. Here is the list of Top 10 competitors of BloomTech, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Instructor-led online courses | $3.23M | 61/100 | ||
2nd | General Assembly 2011, New York City (United States), Acquired | Platform offering offline workshops and online courses | $119M | 58/100 | |
3rd | Hyperion Development 2012, Durban (South Africa), Seed | Online platform offering coding boot camp | $32.1M | 57/100 | |
4th | BloomTech 2017, San Francisco (United States), Series C | Provider of online courses focused on technology and software development | $137M | 55/100 | |
5th | Coding Blocks 2014, Delhi (India), Seed | Provider of vocational training in the IT Sector | $98.5K | - | 50/100 |
6th | Provider of project based software development and data analytics training | $2.07M | 49/100 | ||
7th | Outskill is a professional development platform that delivers AI‑focused courses, workshops, and fellowships to help mid‑career professionals acquire generative AI skills. | - | - | 48/100 | |
8th | TalentSprint 2009, Hyderabad (India), Acquired | Developer of deep tech education programs for professionals and graduates | $6.05M | 47/100 | |
9th | Chains providing technical training for software development and data science | - | - | 45/100 | |
10th | CodeInstitute 2014, Dublin (Ireland), Series A | Blended courses to teach coding | $1.89M | 45/100 |
Looking for more details on BloomTech's competitors? Click here to see the top ones
BloomTech's Investments and acquisitions
BloomTech has made 2 investments in Rove and Archie. BloomTech has not made any acquisitions as of now.Reports related to BloomTech
Here is the latest report on BloomTech's sector:
News related to BloomTech
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Sora Finance Raises $3.9M to Offer Credit Management as a Service to Financial Advisors and EmployersNewswire•Mar 03, 2023•Sora, Peterson Ventures, New Era Capital Partners, Launchpad Capital and 8 others
•
BloomTech Launches New CareerFlow Learning Experience, Providing Students a Flexible Approach to Earning a High-Paying Tech JobBusiness Wire•May 18, 2022•BloomTech
•
Fintech for freelancers Archie launches with $4.5 million in fundingFinextra•Mar 31, 2022•HOF Capital, B Capital, MaC Venture Capital, Worklife and 9 others
•
Jupe Raises $9.5M in Seed FundingFinSMEs•Dec 08, 2021•Jupe, Initialized Capital, Y Combinator, Soma Capital and 7 others
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BloomTech to Launch New Backend Engineering Program, Jointly Developed with AmazonBloomTech•Apr 13, 2021•BloomTech
•
Lambda School Raises $74M to Expand its Career-oriented Educational ProgramsEdTechReview•Aug 21, 2020•Gigafund, SpaceX, Tandem Capital, Y Combinator and 3 others
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Labster Raises $9M to Accelerate Growth of its Virtual Labs for Universities and SchoolsEdTechReview•Aug 13, 2020•Labster, Notable Capital, Owl Ventures, Balderton Capital and 5 others
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How Lambda School Raised $30M To Expand Its Income-Sharing Tuition Plan For Online Coding StudentsForbes•Jan 08, 2019•BloomTech
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