How Much Did Code.org Raise?
Funding & Key Investors

Code.org has secured significant enterprise-level funding, with its total capital raised standing at $37.9M. The organization recently announced a major strategic investment of $1.9M, underscoring its continued growth and impact in the education technology sector. This latest financing round is expected to bolster Code.org's mission to expand access to computer science education.

What is Code.org?

Code.org
EducationTrainingNon-Profit & Charitable Organizations

Code.org is a non-profit organization founded in 2013 with a clear vision: to ensure that every student in every school has the opportunity to learn computer science. The organization is dedicated to increasing participation in computer science by women and underrepresented minorities. Code.org is renowned for its annual Hour of Code campaign, which has reached a substantial portion of the world's student population, and it provides leading K-12 computer science curricula utilized in many of the largest school districts across the United States. Its strategic focus on foundational education in technology positions it as a key player in shaping future digital literacy.

How much funding has Code.org raised?

Code.org has raised a total of $37.9M across 4 funding rounds:

2016

Unspecified

$23M

2017

Unspecified

$12M

2020

Debt

$1M

2021

Debt

$1.9M

Unspecified (2016): $23M with participation from Priscilla Chan, Mark Zuckerberg, Google, and Infosys

Unspecified (2017): $12M led by PwC and Infosys

Debt (2020): $1M supported by PPP

Debt (2021): $1.9M featuring PPP

Key Investors in Code.org

Google

GV is a venture capital firm founded in 2001 that invests across multiple stages and sectors. The company focuses on enterprise solutions, life sciences, consumer products, and frontier technology innovations. GV operates globally with presence across North America, Europe, Asia, and South America, providing financial backing to promising startups and growth-stage businesses. The firm maintains a diverse investment portfolio spanning technology, healthcare, and various other industries.

Infosys

Infosys is a global provider of next-generation digital services and consulting services. Infosys provides information technology and digital marketing services such as AI and automation, Agile and DevOps, Salesforce, cyber security, data analytics, engineering services, and much more. Infosys is headquartered in Bengaluru, India.

PwC

PwC operates as a professional services network providing assurance, tax, and consulting services to businesses and organizations across multiple industries. The company delivers audit and assurance services, tax compliance and advisory, business consulting, risk management, and digital transformation solutions. PwC serves clients in sectors including financial services, healthcare, technology, energy, retail, manufacturing, and government. The firm offers advisory services in areas such as cybersecurity, mergers and acquisitions, regulatory compliance, data analytics, and enterprise technology implementation. PwC provides forensic services, crisis management, and business recovery solutions to organizations navigating complex business challenges. The company supports clients with strategy development, operational improvement, and workforce transformation initiatives.

What's next for Code.org?

The recent major strategic investment in Code.org signals a strong commitment from its backers to further its educational initiatives. This capital infusion is likely to accelerate the development and deployment of new computer science programs and resources, potentially expanding its reach to new demographics and geographical areas. The organization's continued ability to attract significant backing suggests a robust model and a clear demand for its services in an increasingly technology-driven world. Future growth may involve deeper integration into school systems and the development of advanced learning pathways.

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Frequently Asked Questions Regarding Code.org Financial Insights

What are the most recent funding rounds that Code.org has completed, and what were the funding rounds?
Code.org has recently completed 3 funding rounds: Debt on Mar 25, 2021, Debt on Apr 15, 2020, Unspecified on Dec 4, 2017.
What is the total amount of funding Code.org has raised to date?
Code.org has raised a total of $37.9M in funding to date.
How many funding rounds has Code.org completed?
Code.org has completed 3 funding rounds.
How much funding did Code.org raise in its most recent funding round?
Code.org raised $1.9M in its most recent funding round.
Who are the lead investors in Code.org's latest funding round?
The lead investor in Code.org's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Code.org's history?
The largest funding round in Code.org's history was $23M.
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