Nerdy Overview

  • Founded

  • 2007

Founded
  • Status

  • Public

  • Employees

  • 1,000

Employees
  • Stock Symbol

  • NRDY

Stock Symbol
  • Investments

  • 3

  • Share Price

  • $2.33

  • (As of Wednesday Closing)

Nerdy General Information

Description

Nerdy Inc is a curated direct-to-consumer platform for live online learning. Its purpose-built proprietary platform leverages technology, including AI, to connect learners of all ages to experts, delivering superior value on both sides of the network. Its comprehensive learning destination provides learning experiences across various subjects and multiple formats including one-on-one instruction, small group classes, large format group classes, and adaptive self-study.

Contact Information

Website
www.varsitytutors.com
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Educational Software
Other Industries
Educational and Training Services (B2C)
Information Services (B2C)
Stock Exchange
NYS
Primary Office
  • 101 South Hanley Road
  • Suite 300
  • Saint Louis, MO 63105
  • United States

Nerdy Timeline

2019202020212022
Financing RoundCaptured Employee CountEstimated Employee Growth

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Nerdy Stock Performance

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$2.33 $2.41 $1.59 - $13.49 $236M 91.4M 1.07M -$0.26

Nerdy Financials Summary

In Thousands,
USD 		TTM 31-Mar-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 328,294 225,976
Revenue 153,024 140,664 103,968 90,452
EBITDA (47,724) (20,459) (13,716) (15,329)
Net Income (38,444) (27,325) (24,663) (22,439)
Total Assets 176,741 177,145 57,274 58,791
Total Debt 0 0 47,579 34,629
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Nerdy Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Nerdy Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Nerdy Inc is a curated direct-to-consumer platform for live online learning. Its purpose-built proprietary platform leve
Educational Software
Saint Louis, MO
1,000 As of 2021
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00000000000 00000000
San Diego, CA
00 As of 0000
000.00
000000&0 000.00

000000

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00000000000 00000000
Jericho, NY
000 As of 0000
000.00
00.00 0000-00-00
0000000000 0 000.00
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Nerdy Competitors (25)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
TakeLessons Formerly VC-backed San Diego, CA 00 000.00 000000&0 000.00
000000 Venture Capital-Backed Jericho, NY 000 000.00 0000000000 0 000.00
0000000 Venture Capital-Backed Austin, TX 00 00.000 00000000000 00.000
00000000000 Corporate Backed or Acquired Chandler, AZ
000000000 Venture Capital-Backed San Francisco, CA 000 00000 00000000000 00000
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Nerdy Executive Team (21)

Name Title Board Seat Contact Info
Charles Cohn Chief Executive Officer & Chairman
Jason Pello Chief Financial Officer, Finance & Chief Accounting Officer, Accounting
Mike Dierken Chief Technology Officer
Christopher Swenson JD Chief Legal Officer
Adam Weber Chief Marketing Officer
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Nerdy Board Members (11)

Name Representing Role Since
Cathy Beaudoin Self Board Member 000 0000
Charles Cohn Nerdy Chief Executive Officer & Chairman 000 0000
Christopher Marshall Self Board Member 000 0000
Christopher Sims Self Board Observer 000 0000
David Karandish Self Board Member 000 0000
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Nerdy Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Nerdy Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Nerdy Acquisitions (3)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000 0000 0000 29-Jan-2021 0000000000 Special Purpose Acquisition Company (SPAC) 0000000 0
0000000 0000 22-Jan-2019 0000000000 Educational and Training Services (B2C) 0000000 0
First Tutors 28-Sep-2017 Merger/Acquisition Educational and Training Services (B2C) 0000000 0
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Nerdy Subsidiaries (2)

Company Name Industry Location Founded
First Tutors Educational and Training Services (B2C) Preston, United Kingdom 2005
0000000 0000 Educational and Training Services (B2C) Calabasas, CA 0000
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