Chegg Inc., is an American education technology company based in Santa Clara, California. It provides digital and physical textbook rentals, online tutoring, and other student services.
The company was launched in 2005, and began trading publicly on the New York Stock Exchange in November 2013. As of March 2020 the company reported having 2.9 million subscribers to Chegg Services.
In 2018, Chegg acquired WriteLab, which uses AI to analyze text and suggest improvements, and online flash card tool StudyBlue.
During late 2019, Chegg acquired online coding school Thinkful, for $80 million cash.
Traded as: NYSE: CHGG; Russell 2000 Component
Founded: July 2005; 15 years ago
Headquarters: Santa Clara, California, U.S.
Founder: Aayush Phumbhra; Osman Rashid; Josh Carlson
Industry: Education; Online retailing
Products:
- Online textbook rental
- eTextbooks
- Online learning
- Online tutoring
- Networking
Subsidiaries:
- Chegg Tutors
- Zinch scholarship database
- StudyBlue online flash cards
- Notehall
- Cramster