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Chegg Stock
Online textbook rentals
About Chegg Stock
Chegg went public on November 13, 2013 and is listed under CHGG.
Chegg was launched at Iowa State University in 2005 as a hyper-local classifieds directory. In fall 2007, Chegg introduced their revolutionary textbook rental service. Chegg now offers its services to more than 6,400 universities and community colleges across the country.
Investors
Felicis Ventures
Komodo Health, Wish, Scopely, Opendoor, Dollar Shave Club, Gusto, Coalition, Plaid, Crusoe Energy Systems, Guild Education
Floodgate
Lyft, Rappi, Bolt Financial, Outreach, Okta, Clover Health, SnapLogic, The Zebra, Smule, Chegg
Foundation Capital
Rappi, Fair, Cerebras Systems, Graphcore, Cohesity, Bolt Threads, OpenSea, Current, Kiavi, States Title
Insight Venture Partners
Delivery Hero, Letgo, Twitter, Automattic, Papaya Global, Tintri, HelloFresh, Wiz, Tenable Network Security, Inc., Udemy
Kleiner Perkins Caufield & Byers
Snap, AppDynamics, Spotify, Instacart, Magic Leap, Stripe, DoorDash, Bloom Energy, Slack, Brex
Funding History
| January 2007 | $2.2M |
|---|---|
| June 2008 | $4.7M |
| December 2008 | $25.0M |
| November 2009 | $25.0M |
| November 2009 | $57.0M |
| November 2009 | $30.0M |
| September 2010 | $75.0M |
| March 2012 | $25.0M |
Management
CEO
Dan Rosensweig
CFO
Andrew Brown
Press
TechCrunch - Sep, 26 2010
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