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WGU - About the company

WGU is a funded company based in United States, founded by Michael Okerlund Leavitt and Roy Rudolf Romer. It operates as a Provider of online degree programs utilizing competency based academic models. WGU has raised an undisclosed amount in funding. The company has 116 active competitors, including 2 funded and 9 that have exited. Its top competitors include companies like Laureate, Rochester and University of Alberta.

Company Details

Provider of online degree programs utilizing competency based academic models. Students complete bachelor and master degree programs through self-paced learning structures. The educational framework allows individuals to progress through coursework according to their existing knowledge level and personal time commitment. Dedicated mentors and instructors provide academic guidance throughout the enrollment period. Curriculums emphasize skill development to prepare individuals for workforce requirements across various professional sectors. The institution is accredited to offer federal student aid and recognizes military education benefits for eligible participants. Students participate in assessments to demonstrate proficiency in subject matter, enabling flexible acceleration through academic requirements. This model supports individuals in managing educational pursuits alongside professional and personal responsibilities.
Social
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Email ID
*****@wgu.edu
Phone Number
+1 **********
Registered Address
Salt Lake City, Utah
Key Metrics
Location
Stage
Funding Raised
Ranked
Employee Count
12,594 as on May 31, 2026
Investment & Acquisitions
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WGU's funding and investors

WGU has raised funding over 4 rounds. Its first funding round was on Jun 30, 2008. Its latest funding round was a Grant (prize money) round on Sep 09, 2025 for $*****. 1 investor participated in its latest round. WGU has 4 institutional investors.

Here is the list of recent funding rounds of WGU:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 09, 2025
2686151
Grant (prize money)
4356264
7307481
8793279
5549684
Sep 22, 2010
8488904
Grant (prize money)
6859552
3636337
4843304
Feb 06, 2009
4876422
Grant (prize money)
1831827
9480158
2315948
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WGU's founders and board of directors

Founder? Claim Profile
The founders of WGU are Michael Okerlund Leavitt and Roy Rudolf Romer.
Here are the details of WGU's key team members:

WGU's employee count trend

WGU has 12,594 employees as of May 26. Here is WGU's employee count trend over the years:
Employee count trend for WGU
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WGU's Competitors and alternates

Top competitors of WGU include Laureate, Rochester and University of Alberta. Here is the list of Top 10 competitors of WGU, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Laureate
Laureate
1998, Baltimore (United States), Public
Network of campus-based & online universities offering undergraduate and postgraduate degree programs
$550M
69/100
2nd
Logo for Rochester
Rochester
United States, Funding Raised
Provider of undergraduate graduate programs and healthcare research facility services
-
62/100
3rd
Logo for WGU
WGU
United States, Funding Raised
Provider of online degree programs utilizing competency based academic models
-
61/100
4th
Logo for University of Alberta
University of Alberta
1908, Edmonton (Canada), Series A
Provider of undergraduate graduate and continuing education academic degree programs
$3.3M
60/100
5th
Logo for Rochester Institute of Technology
Rochester Institute of Technology
1829, Rochester (United States), Funding Raised
Provider of undergraduate graduate and doctoral degree academic programs
-
59/100
6th
Provider of undergraduate and graduate degree programs in various disciplines
-
58/100
7th
Logo for Sinclair
Sinclair
1887, United States, Funding Raised
Chains providing post secondary education and workforce development training programs
-
58/100
8th
Logo for Grand Canyon U
Grand Canyon U
1949, Phoenix (United States), Public
Private non-profit Christian university offering on-campus and online degree programs
-
58/100
9th
Logo for Mercer University
Mercer University
1833, United States, Funding Raised
University offering multiple courses and degrees across diversified streams
-
54/100
10th
Network of higher education institutes
-
54/100
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WGU's Investments and acquisitions

WGU has made 3 investments in companies including Unmudl and SkillCycle. WGU has also acquired 1 companies including Craft Education.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Sep 05, 2024
Acquisition
2009
Columbus (United States)
Apr 24, 2022
Investments
2019
Austin (United States)
Dec 08, 2021
Investments
2018
New York City (United States)
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Reports related to WGU

Here is the latest report on WGU's geography:

News related to WGU

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FAQs about WGU

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