Chegg Overview
- Founded
-
2005

- Status
-
Public
- Employees
-
1,736

- Stock Symbol
-
CHGG

- 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
- 3990 Freedom Circle
- Santa Clara, CA 95054
- United States
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 |
Chegg Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Chegg Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
---|
Chegg Comparisons
Industry
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 |
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 |
Chegg Executive Team (37)
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 |
Chegg Signals
Chegg Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
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 |
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 |
Chegg Exits (2)
Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
---|---|---|---|---|---|
00000 | 23-Mar-2020 | 00000 00000 00 | 000 | Completed |
|
Passei Direto | 18-Mar-2016 | Early Stage VC | 00.000 | Completed |
|