Chegg Overview

  • Founded
  • 2005
Founded
  • Status
  • Public
  • Employees
  • 1,941
Employees
  • Stock Symbol
  • CHGG
Stock Symbol
  • Investments
  • 22
  • Share Price
  • $87.55
  • (As of Friday Closing)

Chegg General Information

Description

Chegg Inc is an American educational services company that specializes in textbook rentals, course assistance, and online tutoring. The company focuses on high school and college level students who are able to rent textbooks for various courses and return them to the company after completion. Rentals are typically transacted at a low cost relative to the purchase of textbooks at full price. The company offers over 25,000 textbook titles for students to rent and historically has had over 1 million students use its services. Chegg also provides course and professor reviews, standardized test preparation, career preparation, and study materials on its website. Textbook rentals provide the majority of the company's revenue followed by online educational services.

Contact Information

Website
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Internet Retail
Other Industries
Application Software
Publishing
Stock Exchange
NYS
Primary Office
  • 3990 Freedom Circle
  • Santa Clara, CA 95054
  • United States
+1 (408) 000-0000
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Chegg Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$87.55 $88.59 $25.89 - $115.21 $12.3B 140M 2.03M -$0.05

Chegg Financials Summary

In Thousands,
USD
TTM 31-Dec-2020 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019 FY 2018 31-Dec-2018
EV 11,938,917 11,938,917 4,698,084 3,085,603
Revenue 644,338 644,338 410,926 321,084
EBITDA 127,851 127,851 69,580 21,067
Net Income (6,221) (6,221) (9,605) (14,888)
Total Assets 2,251,258 2,251,258 1,488,998 760,938
Total Debt 1,532,789 1,532,789 920,099 283,668
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Chegg Valuation & Funding

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

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Chegg Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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Chegg Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Chegg Inc is an American educational services company that specializes in textbook rentals, course assistance, and onlin
Internet Retail
Santa Clara, CA
1,941 As of 2020
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00000000000 000 00000000 00000000 (000)
Boston, MA
0000 As of 0000
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Ann Arbor, MI
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Chegg Competitors (5)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Cengage Learning Formerly PE-Backed Boston, MA 0000 0000 000000000000
000000 Private Equity-Backed Ann Arbor, MI 00 000.00 000000 - 000 000.00
000000 (0000000000 Formerly VC-backed Herndon, VA 0000 00000 000000 - 000 00000
000000 Formerly VC-backed Chicago, IL 00 000.00 000000&0 000.00
00000000000000000 Formerly VC-backed Lincoln, NE 00 000.00 000000&0 000.00
You’re viewing 5 of 5 competitors. Get the full list »

Chegg Executive Team (31)

Name Title Board Seat Contact Info
Daniel Rosensweig Chief Executive Officer & Board Member
Nathan Schultz President
Andrew Brown Chief Financial Officer, Finance
Heather Morris Chief Strategy Officer
Robin Tomasello Assistant Treasurer & Chief Accounting Officer, Accounting
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Chegg Board Members (19)

Name Representing Role Since
Daniel Rosensweig Chegg Chief Executive Officer & Board Member 000 0000
John York Self Board Member 000 0000
Marne Levine Self Board Member 000 0000
Melanie Whelan Chegg Board Member 000 0000
Paul Leblanc Ph.D Self Board Member 000 0000
You’re viewing 5 of 19 board members. Get the full list »

Chegg Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-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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Chegg Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Chegg Investments & Acquisitions (22)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 04-Jun-2020 000000000000000000 00000 Educational and Training Services (B2C) 000000 0000000
00000 23-Mar-2020 00000 00000 00 000 Consumer Finance
00000000 01-Oct-2019 000000000000000000 0000 Educational and Training Services (B2C) 000000 0000000
000000000 02-Jul-2018 000000000000000000 000.00 Educational Software 000000 0000000
WriteLab 15-May-2018 Merger/Acquisition 000.00 Educational Software 000000 0000000
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Chegg Subsidiaries (6)

Company Name Industry Location Founded
Thinkful Educational and Training Services (B2C) New York, NY 2012
000000 0000 Human Capital Services Seattle, WA 0000
00000000000.000 Consulting Services (B2B) Burbank, CA 0000
000000000 Educational Software San Francisco, CA 0000
000 000000 0000000 Food Products Duluth, GA 0000
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