# Galvanize

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/galvanize

- Industry: Education/Training
- Headquarters: Boulder, US
- Website: www.galvanize.com
- Total disclosed funding: $102M
- Latest round: Series C (Jul 19, 2018)
- Investors on record: 7

## About

Galvanize, Inc. is a US-based company that specializes in providing comprehensive online coding bootcamps aimed at individuals aspiring to launch or advance their careers in technology, focusing on practical skills and real-world applications.Founded in 2012 and headquartered in Boulder, US, Galvanize, Inc. focuses on technology education through online bootcamps. The company was acquired by K12 Inc. in January 2020 for USD 165 mn. The CEO of Galvanize is Harsh Patel, who, alongside Jaime Matyas, leads the company in its mission to provide technical education. Galvanize has completed a total of 7 deals since its inception, with the most recent deal occurring on January 27, 2020.Galvanize offers a comprehensive suite of online coding bootcamps tailored for individuals seeking to launch or advance their careers in technology. Their primary offerings include programs focused on software engineering, data science, and artificial intelligence, designed to accommodate learners at various skill levels—from beginners to those with intermediate knowledge seeking to enhance their abilities. The bootcamps emphasize practical application and real-world problem-solving, equipping participants with in-demand technical skills necessary for success in today's competitive job market. Key customer segments include active duty service members, veterans, and underrepresented populations aspiring to enter the tech industry. Galvanize's programs are accessible to learners across multiple geographical markets, including the United States, Canada, and parts of Europe, reflecting a diverse client base eager for tech education.Galvanize's revenue model is primarily driven by tuition fees from its coding bootcamps, offered in both full-time and part-time formats. Clients typically pay upfront for courses or utilize financing options to manage payments over time. Additionally, Galvanize engages in corporate training, providing tailored educational solutions for businesses looking to upskill their workforce, thereby establishing partnerships with organizations aiming to enhance their technical capabilities.Looking ahead, Galvanize plans to leverage its recent acquisition by K12 Inc. to expand its offerings and reach. Specific strategies include launching new coding bootcamps focused on emerging technologies and targeting expansion into new markets, particularly in Europe and Asia, by 2022. The funds acquired through the recent transaction valued at USD 165 mn will support development initiatives and marketing efforts to enhance brand presence in these new regions.

## Funding rounds

- Series C, Jul 19, 2018, $32M — ABS Capital Partners, Catalyst, New Markets Venture Partners, University Ventures, Colorado Impact Fund
- Series C, Oct 17, 2017, $7M — ABS Capital Partners, University Ventures
- Series B, Aug 15, 2016, $45M — ABS Capital Partners, Aspen Grove Ventures, University Ventures, Colorado Impact Fund, Teamworthy Group
- Series A, Jun 18, 2014, $18M — University Ventures

## Investors

- University Ventures (https://capitalatlas.ai/funds/university-ventures) — Series A, Series B, Series C
- ABS Capital Partners (https://capitalatlas.ai/funds/abs-capital-partners) — Series B, Series C
- Aspen Grove Ventures (https://capitalatlas.ai/funds/aspen-grove-ventures) — Series B
- Colorado Impact Fund (https://capitalatlas.ai/funds/colorado-impact-fund) — Series B, Series C
- Teamworthy Group (https://capitalatlas.ai/funds/teamworthy-group) — Series B
- Catalyst (https://capitalatlas.ai/funds/catalyst) — Series C
- New Markets Venture Partners (https://capitalatlas.ai/funds/new-markets-venture-partners) — Series C