Chegg Overview

  • Founded
  • 2005

Founded
  • Status
  • Public

  • Employees
  • 1,736

Employees
  • Stock Symbol
  • CHGG

Stock Symbol
  • Investments
  • 22

  • Share Price
  • $22.94

  • (As of Wednesday 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 7.8 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
www.chegg.com
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Educational and Training Services (B2C)
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 Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$22.94 $21.56 $15.66 - $87.13 $2.73B 126M 2.61M $0.49

Chegg 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 4,733,071 4,388,590 11,938,917 4,698,084
Revenue 780,131 776,265 644,338 410,926
EBITDA 162,525 86,768 127,851 69,580
Net Income 69,463 (1,458) (6,221) (9,605)
Total Assets 2,662,470 2,919,246 2,251,258 1,488,998
Total Debt 1,691,990 1,697,265 1,532,789 920,099
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
Educational and Training Services (B2C)
Santa Clara, CA
1,736 As of 2021
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00000000000 000 00000000 00000000 (000)
Boston, MA
0000 As of 0000
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London, United Kingdom
00000 As of 0000
000
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Chegg Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Cengage Learning Formerly PE-Backed Boston, MA 0000 0000 000000000 0000
0000000 Corporation London, United Kingdom 00000 000 000000000 000
000000 Formerly VC-backed Chicago, IL 00 000.00 000000&0 000.00
000000 Corporate Backed or Acquired New York, NY 000 000000&0
0000000 Venture Capital-Backed Krakow, Poland 000 00000 00000000000 00000
You’re viewing 5 of 8 competitors. Get the full list »

Chegg Patents

Chegg Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20210004522-A1 Producing automated sensory content and associated markers in html document publishing Pending 02-Jul-2019 000000000
US-20210004999-A1 Augmented reality mathematics in learning platforms Pending 19-Sep-2018 0000000000
US-20200090537-A1 Method of educating users by gamification Granted 14-Sep-2018 00000000
US-20220036754-A1 Method of educating users by gamification Pending 14-Sep-2018 00000000
US-11151891-B2 Method of educating users by gamification Active 14-Sep-2018 G09B5/12 0
To view Chegg’s complete patent history, request access »

Chegg Executive Team (37)

Name Title Board Seat Contact Info
Daniel Rosensweig Chief Executive Officer & Board Member
Nathan Schultz President of Learning Services
Andrew Brown Chief Financial Officer, Finance
Lauren Glotzer Chief Strategy Officer
David Longo Assistant Treasurer & Chief Accounting Officer, Accounting
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Chegg Board Members (21)

Name Representing Role Since
Daniel Rosensweig Chegg Chief Executive Officer & Board Member 000 0000
John York Self Board Member 000 0000
Marcela Martin Self Board Member 000 0000
Marne Levine Self Board Member 000 0000
Melanie Whelan Chegg Board Member 000 0000
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Chegg 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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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
00000 13-Jan-2022 0000000000 00000 Educational Software 000000 00
0000000 04-Jun-2020 0000000000 00000 Educational and Training Services (B2C) 000000 00
00000 23-Mar-2020 00000 0000 000 Financial Software
00000000 01-Oct-2019 0000000000 0000 Educational and Training Services (B2C) 000000 00
StudyBlue 02-Jul-2018 Merger/Acquisition 000.00 Educational Software 000000 00
You’re viewing 5 of 22 investments and acquisitions. Get the full list »

Chegg Subsidiaries (6)

Company Name Industry Location Founded
Thinkful Educational and Training Services (B2C) New York, NY 2012
00000 Educational Software London, United Kingdom 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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Chegg Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000 23-Mar-2020 00000 00000 00 000 Completed
  • 6 buyers
Passei Direto 18-Mar-2016 Early Stage VC 00.000 Completed
  • 4 buyers
To view Chegg’s complete exits history, request access »