Brooklyn, NY – April 9, 2018 – Thinkful, the school that brings high-growth tech careers to people everywhere, today announced it has acquired Bloc. This deal enables both companies to accelerate development of new programs, provide the industry’s best flexible, technical career acceleration and deliver top talent to employers everywhere.
“It’s very hard to build flexible, technical career education that works,” noted Thinkful CEO, Darrell Silver. “Bloc’s done it, as has Thinkful. The best minds in flexible career education now work here, and we’re thrilled to get to work for students.”
Thinkful and Bloc have a combined 12 years of experience building technical education online as well as the top #1 and #2 rated, respectively, in the industry by Course Report. The deal accelerates both companies’ ability to increase their offerings to students with additional programs, support, financing options and more flexible timelines to completion.
“Bloc is thrilled to join forces with Thinkful,” said Bloc CEO, Clint Schmidt. “The combined team and programs are a perfect fit with Bloc, and the combined company will be exceptionally well-positioned to support students who are eager to change or accelerate their careers.”
Thinkful’s programs fit into a busy schedule with 60% of its students remaining employed while enrolled. 85% of its graduates land tech jobs within six months of graduation. The company pioneered this flexible pedagogy to dramatically lower students cost of changing careers. Thinkful is committed to student outcomes and is a founding member of CIRR, which transparently standardizes how outcomes are reported.
This is the company’s second acquisition in the past four months, having acquired Viking Code School and the Odin Project in December of 2017. This deal also follows shortly after the company’s $9.6 million fundraise announcement in January 2018 and most recently, a $10 million fundraise with Leif to fund education for over 700 Thinkful students.
To learn more about Bloc’s programs and offerings, visit Bloc.io. To find out more about Thinkful’s programs, student outcomes and job guarantee, visit Thinkful.com.
Thinkful is a new type of school that brings high-growth tech careers to ambitious people everywhere. The company provides 1-on-1 learning through its network of industry experts, hiring partners, and online platform to deliver a structured and flexible education. Thinkful offers programs in web development, and data science, with in-person communities in up-and-coming tech hubs around the U.S. To join the Thinkful network visit thinkful.com.
Bloc is an online education company with flexible part-time programs for aspiring software developers and designers. Bloc relies on a combination of specialized mentors, mastery learning, and performance data derived from thousands of students to ensure that every graduate possesses the skills to advance their career in software development and design. Bloc was founded in 2011, and has raised venture investment from Shasta Ventures, Harrison Metal, Baseline Ventures, First Round Capital, and Learn Capital.