When was Chegg founded?

Chegg was founded in 2005 and raised its 1st funding round 2 years after it was founded.

Where is Chegg located?

Chegg is headquartered in Santa Clara, United States. It is registered at Santa Clara, California.

Who is the current CEO of Chegg?

Dan Rosensweig of Chegg. They are also angel investors in 7 startups, including .

How many employees does Chegg have?

As of Mar 31, 2026, the latest employee count at Chegg is 62.

Is Chegg a funded company?

Chegg is a funded company, having raised a total of $206M across 16 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jan 18, 2007.

When was the latest funding round of Chegg?

Chegg's latest funding was a $***** Post IPO round on Aug 18, 2020, with participation from 0 investor. Its primary sector is Higher Education Tech. In United States, the Higher Education Tech sector has seen $122M in funding in 2026 to date.

What is the annual revenue of Chegg?

Annual revenue of Chegg is between $100M and $500M as on Dec 31, 2025

Where does Chegg rank among its competitors?

Chegg ranks 1st amongst 28 active competitors, of which 3 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Packback, which secured an undisclosed amount in Mar, 2024.

Who are the top competitors of Chegg?

Chegg's top competitors include VitalSource, Packback and BookRenter. Among them, Packback secured the most recent funding round in March, 2024.

Chegg - 2026 Company Profile, Team, Funding, Competitors & Financials

Chegg is a public company based in Santa Clara (United States), founded in 2005 by Aayush Phumbhra, Darshan Somashekar and Osman Rashid. It operates as a Provider of rental books and homework help solutions for university students. Chegg has raised $206M in funding from Foundation Capital and Kleiner Perkins. The company has 28 active competitors, including 3 funded and 3 that have exited. Its top competitors include companies like VitalSource, Packback and BookRenter.

Company Details

Provider of rental books and homework help solutions for university students. It is an online textbook rental company where students can rent, buy, and sell textbooks from its platform. It enables finding out textbooks based on authors, price, and subject categories. It also helps students find colleges, internships, and scholarships. Its offerings include various subjects like Math, English, Engineering, and more.

Website: www.chegg.com/
Social
Email ID: *****@chegg.com
Registered Address: Santa Clara, California

Key Metrics

Founded Year

2005

Location

Santa Clara, United States

Stage

Public

Total Funding

$206M in 16 rounds

Latest Funding Round

Post IPO, Aug 18, 2020, $*****

Investors

Foundation Capital & 39 more

Ranked

1^st among 28 active competitors

Annual Revenue

$100M - $500M as on Dec 31, 2025

Employee Count

62 as on Mar 31, 2026

Investment & Acquisitions

Busuu & 18 more

Similar Companies

VitalSource & 90 more

Exit Details

Public

View Chegg's full profile

Chegg is associated with 13 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CHEGG INDIA PRIVATE LIMITED CIN: U80101DL2006PTC148392 , India, Active	Apr 17, 2006	₹100 - ₹500 Cr (As on Mar 31, 2025)	651 (As on Feb 29, 2024)
1express s.r.o. CIN: 07057881 , Czech Republic, Active	Apr 19, 2018	-	-
MASSIN s.r.o. CIN: 27422488 , Czech Republic, Active	Feb 08, 2006	-	-
CHEGG, INC. CIN: 4007658 , United States, Active	Jul 28, 2005	-	1979 (As on Dec 31, 2023)	-
FORM Solution s.r.o. CIN: 28658272 , Czech Republic, Active	May 25, 2011	-	-
Mg12 s.r.o. CIN: 06434061 , Czech Republic, Active	Sep 13, 2017	-	-
ANION s.r.o. CIN: 26026546 , Czech Republic, Active	Aug 02, 2000	-	-
INSOLUBLE s.r.o. CIN: 29135087 , Czech Republic, Active	Dec 07, 2012	-	-
ILI, s.r.o. CIN: 26015102 , Czech Republic, Active	Sep 21, 1999	-	-
CHEGG, INC CIN: 20-3237489 , United States, Active	Jul 29, 2005	-	771 (As on Dec 31, 2023)	-
DELTT MOL s.r.o. CIN: 19207549 , Czech Republic, Active	Mar 31, 2023	-	-
CHEGG, INC CIN: 203237489 , United States, Active	Dec 26, 999	$100M - $500M (As on Dec 31, 2025)	635 (As on Dec 31, 2024)	-
GPM Engineering, s.r.o. CIN: 25544331 , Czech Republic, Active	Nov 13, 1998	-	-

Chegg got listed on Nov 14, 2013.

Click here to take a look at Chegg's IPO in detail

Chegg has raised a total funding of $206M over 16 rounds. Its first funding round was on Jan 18, 2007. Chegg has 38 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Chegg:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 18, 2020	7242781	Post IPO	1772557	2999446	3375804	2228257
Mar 26, 2019	3829847	Post IPO	1444566	1641838	3387766	Morgan Stanley & 4 more
Oct 15, 2014	6459174	Post IPO	9576664	3328134	4701678	4502780

Access funding benchmarks and valuations. Sign up today!

View details of Chegg's funding rounds and investors

The founders of Chegg are Aayush Phumbhra, Darshan Somashekar and Osman Rashid. Dan Rosensweig is the CEO of Chegg.

Here are the details of Chegg's key team members:

Aayush Phumbhra: Former Co-Founder of Chegg and founder of 1 other company. They are also an angel investor in 8 startups.
Contact Info: 1 email address
Darshan Somashekar: Co-founder, Writing Productivity Tools of Chegg and founder of 3 other companies, Imagine Easy, Dropio and Unwind Media. They are also an angel investor in 1 startup.
Osman Rashid: Former Co-Founder of Chegg and founder of 2 other companies, Galxyz and Kno.
Contact Info: 1 email address
Dan Rosensweig: CEO of Chegg. They are also an angel investor in 7 startups.
Contact Info: 1 email address

View details of Chegg's Founder profiles and Board Members

Chegg's employee count trend

Chegg has 62 employees as of Mar 26. Here is Chegg's employee count trend over the years:

Uncover Chegg's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Chegg include VitalSource, Packback and BookRenter. Here is the list of Top 10 competitors of Chegg, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Chegg 2005, Santa Clara (United States), Public	Provider of rental books and homework help solutions for university students	$206M	Saints Capital, SeedFord Partners & 38 others	73/100
2nd	VitalSource 1994, Raleigh (United States), Acquired	Digital learning platform providing eTextbooks and educational resources	-	-	63/100
3rd	Packback 2012, Chicago (United States), Series B	Text book rental platform	$13.6M	Achieve Partners, PSG & 16 others	51/100
4th	BookRenter 2007, San Mateo (United States), Deadpooled	online textbook rental service	$56M	Comerica, Storm Ventures & 4 others	37/100
5th	Campus Book Rentals 2007, West Haven (United States), Deadpooled	College Textbook Renting	$9.09M	Level Equity, Five Elms Capital & 1 others	34/100
6th	Iloveread 2009, Chennai (India), Acquired	Online book rental portal	-	-	32/100
7th	Tatynerds 2014, Bengaluru (India), Deadpooled	Online book renting portal	-	-	29/100
8th	RentText 2014, Little Rock (United States), Unfunded	Online college textbook rental service offering affordable prices and fast shipping	-	-	25/100
9th	Fastudent 2013, Noida (India), Deadpooled	Online retail store for academic books and other stationary needs	-	AIRI Capital & 4 others	25/100
10th	BookLender 2000, Sterling (United States), Seed	Subscription-based online rental platform for print books and audio books	$130K	-	25/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Chegg's competitors? Click here to see the top ones

Chegg has made 3 investments in companies including Frank and Passei Direto. Chegg has also acquired 16 companies including Busuu and Mathway.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Nov 29, 2021	Acquisition	Busuu	2008	London (United Kingdom)
Jun 04, 2020	Acquisition	Mathway	2008	Center Valley (United States)
Mar 23, 2020	Investments	Frank	2016	New York City (United States)