# Codecademy funding: rounds and investors

> Codecademy has raised $83M across 5 rounds since 2011. Investors include Union Square Ventures, Y Combinator and Index Ventures. Every round with its source.

Source: https://millionrounds.com/company/codecademy (Millionrounds; every figure on the page links to its filing or article)

United States · [Series D startup](https://millionrounds.com/companies)

# Who invested in *Codecademy*

5 rounds we have observed, with the 33 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Edtech

Y Combinator: S11

Funding summary Updated 26 Oct 2026

**$83M** raised across 5 rounds since 2011, from 5 sources

**$2.5M** Venture **$10M** Series B **$30M** Round **$40M** Series D

- **Latest round:** Series D, $40M Feb 2021
- **Step-up i:** 1.3×
- **Investors:** 33 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2013 2015 2017 2019 2021

**$2.5M** Venture

**$10M** Series B

**?** Series C

**$30M** Round

**$40M** Series D

- **First round:** Venture, $2.5M
- **Biggest round:** $40M
- **Usual gap between rounds:** 3.4 years

## The rounds

- **Feb 2021** Series D **$40M** *5 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Index Ventures](https://millionrounds.com/fund/index-ventures) [Slow Ventures](https://millionrounds.com/fund/slow-ventures) [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) Source recorded
- **Nov 2016** Round **$30M** *18 new* *13 returning* [Naspers](https://millionrounds.com/fund/naspers) Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [SV Angel](https://millionrounds.com/fund/sv-angel) [Index Ventures](https://millionrounds.com/fund/index-ventures) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) [Flybridge](https://millionrounds.com/fund/flybridge) [Founder Collective](https://millionrounds.com/fund/founder-collective) [Slow Ventures](https://millionrounds.com/fund/slow-ventures) [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [Social Capital](https://millionrounds.com/fund/social-capital) [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) [Bloomberg Beta](https://millionrounds.com/fund/bloomberg-beta) [CrunchFund](https://millionrounds.com/fund/crunchfund-3) [Naval Ravikant](https://millionrounds.com/fund/naval-ravikant) [Alexis Ohanian](https://millionrounds.com/fund/alexis-ohanian) [O'Reilly AlphaTech Ventures](https://millionrounds.com/fund/o-reilly-alphatech-ventures) [Yuri Milner](https://millionrounds.com/fund/yuri-milner) [Bowery Capital](https://millionrounds.com/fund/bowery-capital) [Kevin Colleran](https://millionrounds.com/fund/kevin-colleran) [Dave Morin](https://millionrounds.com/fund/dave-morin) [Joshua Schachter](https://millionrounds.com/fund/joshua-schachter) [Richard Branson](https://millionrounds.com/fund/richard-branson) [Michael Arrington](https://millionrounds.com/fund/michael-arrington) [Saul Klein](https://millionrounds.com/fund/saul-klein) [Jared Hecht](https://millionrounds.com/fund/jared-hecht) [Steve Martocci](https://millionrounds.com/fund/steve-martocci) [Aditya Agarwal](https://millionrounds.com/fund/aditya-agarwal) [Christopher Dixon](https://millionrounds.com/fund/christopher-dixon) Tim O'Reilly Source recorded
- **Jun 2013** Series C **Amount undisclosed** *1 new* [Bloomberg Beta](https://millionrounds.com/fund/bloomberg-beta) From a historical funding record
- **Jun 2012** Series B **$10M** *5 new* *1 returning* [Index Ventures](https://millionrounds.com/fund/index-ventures) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Alexis Ohanian](https://millionrounds.com/fund/alexis-ohanian) [Yuri Milner](https://millionrounds.com/fund/yuri-milner) [Virgin Group](https://millionrounds.com/fund/virgin) Reported by techcrunch.com
- **Oct 2011** Venture **$2.5M** *9 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [SV Angel](https://millionrounds.com/fund/sv-angel) [Founder Collective](https://millionrounds.com/fund/founder-collective) [Slow Ventures](https://millionrounds.com/fund/slow-ventures) [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [CrunchFund](https://millionrounds.com/fund/crunchfund-3) [Thrive Capital](https://millionrounds.com/fund/thrive-capital) [O'Reilly AlphaTech Ventures](https://millionrounds.com/fund/o-reilly-alphatech-ventures) [Bowery Capital](https://millionrounds.com/fund/bowery-capital) Reported by techcrunch.com

## Founders and team

From Codecademy's own website: 11 on the team.

- **Amy Yeh Excellent Employee** Samantha Zerman Senior Product Manager
- **Daniel Rodriguez DevOps Engineer** Alexander Ross Customer Support Associate
- **Eva Sibinga Excellent Employee** Sohab Sk Senior Software Engineer
- **Julie J Excellent Employee** Patrick Kerns Director of Brand and Integrated Marketing
- **Katrina Agustin Excellent Employee** Shivam Arora Senior Software Engineer
- **Nhi Pham Excellent Employee** Amy Resnik Senior Software Engineer
- **Nitesh Garg Excellent Employee** Andrew Graves Senior Software Engineer
- **Prasanna Kumar Reddi Excellent Employee** Shobhit Kuruvilla Senior Software Engineer
- **Reed Laverack Excellent Employee** Igor Lima Staff Engineer
- **Saurav Suman Excellent Employee** Rahul Tyagi Senior Software Engineer
- **Umang Daga Excellent Employee** Jules DeLeo Conversion Analyst

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2011 **Series B** 2012 **Series C** 2013 **Round** 2016 **Series D** 2021 [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Y Combinator](https://millionrounds.com/fund/y-combinator) [Index Ventures](https://millionrounds.com/fund/index-ventures) [Slow Ventures](https://millionrounds.com/fund/slow-ventures) [SV Angel](https://millionrounds.com/fund/sv-angel) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Founder Collective](https://millionrounds.com/fund/founder-collective) [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) [Bloomberg Beta](https://millionrounds.com/fund/bloomberg-beta) [CrunchFund](https://millionrounds.com/fund/crunchfund-3)

## Everyone who backed them

[Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) VC firm **4** rounds

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **3** rounds

[Index Ventures](https://millionrounds.com/fund/index-ventures) VC firm **3** rounds

[Slow Ventures](https://millionrounds.com/fund/slow-ventures) VC firm **3** rounds

[SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **2** rounds

[Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) VC firm **2** rounds

[Founder Collective](https://millionrounds.com/fund/founder-collective) VC firm **2** rounds

[Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) Family office **2** rounds

[Bloomberg Beta](https://millionrounds.com/fund/bloomberg-beta) VC firm **2** rounds

[CrunchFund](https://millionrounds.com/fund/crunchfund-3) VC firm **2** rounds

[Alexis Ohanian](https://millionrounds.com/fund/alexis-ohanian) Angel **2** rounds

[O'Reilly AlphaTech Ventures](https://millionrounds.com/fund/o-reilly-alphatech-ventures) VC firm **2** rounds

[Yuri Milner](https://millionrounds.com/fund/yuri-milner) VC firm **2** rounds

[Bowery Capital](https://millionrounds.com/fund/bowery-capital) VC firm **2** rounds

[Naspers](https://millionrounds.com/fund/naspers) VC firm **1** round, led 1

[Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) VC firm **1** round

[Flybridge](https://millionrounds.com/fund/flybridge) VC firm **1** round

[Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) VC firm **1** round

[Social Capital](https://millionrounds.com/fund/social-capital) VC firm **1** round

[Naval Ravikant](https://millionrounds.com/fund/naval-ravikant) VC firm **1** round

[Thrive Capital](https://millionrounds.com/fund/thrive-capital) Accelerator **1** round

[Kevin Colleran](https://millionrounds.com/fund/kevin-colleran) VC firm **1** round

[Dave Morin](https://millionrounds.com/fund/dave-morin) VC firm **1** round

[Joshua Schachter](https://millionrounds.com/fund/joshua-schachter) VC firm **1** round

[Richard Branson](https://millionrounds.com/fund/richard-branson) Angel **1** round

[Michael Arrington](https://millionrounds.com/fund/michael-arrington) Angel **1** round

[Saul Klein](https://millionrounds.com/fund/saul-klein) Angel **1** round

[Jared Hecht](https://millionrounds.com/fund/jared-hecht) VC firm **1** round

[Steve Martocci](https://millionrounds.com/fund/steve-martocci) Angel **1** round

[Virgin Group](https://millionrounds.com/fund/virgin) Private equity **1** round

[Aditya Agarwal](https://millionrounds.com/fund/aditya-agarwal) VC firm **1** round

[Christopher Dixon](https://millionrounds.com/fund/christopher-dixon) Investment firm **1** round

Tim O'Reilly no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=codecademy).

## Also claim to have backed them

These 4 firms list Codecademy as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Imagine K12](https://millionrounds.com/fund/imagine-k12) Accelerator Per its own site

[Owl Ventures](https://millionrounds.com/fund/owl-ventures-3) VC firm Per its own site

[Ascolta Ventures](https://millionrounds.com/fund/ascolta-ventures) VC firm Per its own site

[Magellan](https://millionrounds.com/fund/magellan) Venture studio Per its own site

## Quick answers about Codecademy

### Who invested in Codecademy?

Codecademy's investors include Union Square Ventures, Y Combinator, Index Ventures, Slow Ventures and SV Angel, and 28 more on record.

### How much has Codecademy raised?

Codecademy has raised $83M across 5 rounds since 2011. One round did not disclose an amount, so the total is a floor.

### When did Codecademy last raise?

Codecademy's most recent round was a Series D of $40M in Feb 2021.

### What was Codecademy's biggest round?

Its most recent round, $40M in Feb 2021, is also its largest on record.

### Who backed Codecademy first?

Codecademy's first round on record, in Oct 2011, was backed by Y Combinator, SV Angel and Founder Collective and 6 others.

### What stage is Codecademy at?

Codecademy's latest named round is a Series D, in Feb 2021.

### Where is Codecademy based?

Codecademy is based in the United States.

### Who led Codecademy's rounds?

Naspers led the funding round in 2016.

## Companies like Codecademy

In the same sector, and raised in the last eighteen months.

[**Stride** $16M · Oct 2026](https://millionrounds.com/company/stride)[**Amira Learning** $30M · Oct 2026](https://millionrounds.com/company/amira-learning)[**Notey** $3.0M · Oct 2026](https://millionrounds.com/company/notey)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime)[**KIDZ AI** $1.9M · Sept 2026](https://millionrounds.com/company/kidz-ai)[**Imagi** $7.5M · Jul 2026](https://millionrounds.com/company/imagi)

## Find investors like these

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