Flatiron School

Last updated

Flatiron School
FS wiki.png
Available inEnglish
Founded2012;12 years ago (2012)
Headquarters
New York City
,
US
Area servedWorldwide
OwnerCarrick Capital Partners
Founder(s) Adam Enbar, Avi Flombaum
Industry Internet
Employees151–200
URL flatironschool.com
Current statusActive

Flatiron School is an educational organization founded in 2012 by Adam Enbar and Avi Flombaum. The organization is based in New York City and teaches software engineering, computer programming, data science, product design, and cybersecurity engineering. In 2017, the company was sued for making false statements about its graduates' earning potential. It was acquired by WeWork in 2017 and sold to Carrick Capital Partners in 2020. [1]

Contents

History

Flatiron School was founded in 2012 by Adam Enbar and Avi Flombaum.

In 2017, the New York State Attorney General sued Flatiron School for operating without a license and making false statements about its graduates' earning potential. The two parties reached a $375,000 settlement. Flatiron School claimed a 98.5% employment rate, but this included apprentices and freelance workers, while the claimed average salary of $74,447 included only graduates in full-time employment. [2]

In 2018, Yale University announced a collaboration with the Flatiron School during Yale's "Summer Session": together, the institutions offered a Web Development Bootcamp for summer 2019, which offered two Yale College credits for students.

The organization has made efforts to promote parity in tech, working with other companies to sponsor course scholarships for women, [3] [4] LGBTQ+ people, [5] and members of underserved communities. [6]

Takeovers and acquisitions

Flatiron School was acquired by WeWork, a collaborative workspace company, in October 2017. [7] Following the acquisition, they launched Access Labs, a joint effort to make tech education accessible to low-income earners in New York. [8] In August 2018, Flatiron School acquired Designation, a Chicago-based UX/UI design school, [9] and in December 2018 it expanded design courses elsewhere. [10]

Since being acquired by WeWork, [7] the company has expanded, opening campuses in Atlanta, [11] Austin, [12] Chicago, [13] Dallas, [14] Denver, [15] Houston, [16] London, [17] San Francisco, [18] Seattle, [19] and Washington, D.C. [20]

In 2020, WeWork sold Flatiron School to Carrick Capital Partners. [21]

Related Research Articles

<span class="mw-page-title-main">Sallie Krawcheck</span> American business executive (born 1964)

Sallie L. Krawcheck is an American business executive who is the former head of Bank of America's Global Wealth and Investment Management division and is currently the CEO and co-founder of Ellevest, a digital financial advisor for women launched in 2016. She has been called "the most powerful woman on Wall Street."

Highland Capital Partners is a global venture capital firm with offices in Boston, Silicon Valley, and San Francisco. Highland has raised over $4 billion in committed capital and invested in more than 280 companies, with 47 IPOs and 134 acquisitions.

Socrata was a business-to-government software company that sold an open data platform whose goal was to help civic developers build apps more efficiently. The company was acquired by Tyler Technologies in 2018.

AH Capital Management, LLC is an American privately held venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. As of April 2023, Andreessen Horowitz ranks first on the list of venture capital firms by assets under management, with $42 billion as of May 2024.

<span class="mw-page-title-main">Vista Equity Partners</span> American investment firm

Vista Equity Partners Management, LLC is an American private equity firm that invests in software, data, and technology-enabled businesses. With over $100 billion in assets under management (AUM), it is one of the largest private equity firms in the world. Vista Equity Partners has invested in hundreds of technology companies, including Citrix, SentinelOne, and Marketo, and has achieved many accolades in the space, most recently being named as 2023's Global Technology Private Equity Firm of the Year by Private Equity International.

<span class="mw-page-title-main">2U, Inc.</span> American education technology company

2U, Inc. is an American educational technology company that contracts with non-profit colleges and universities to build, deliver and support online degree and non-degree programs. It is also the parent company of edX. On February 12, 2024, 2U announced "there is substantial doubt about its ability to continue as a going concern."

<span class="mw-page-title-main">WeWork</span> American coworkspace company

WeWork Inc. is a provider of coworking spaces, including physical and virtual shared spaces, headquartered in New York City. As of December 31, 2022, the company operated 43.9 million square feet (4,080,000 m2) of space, including 18.3 million square feet (1,700,000 m2) in the United States and Canada, in 779 locations in 39 countries, and had 547,000 members, with a weighted average commitment term of 19 months.

SquareFoot Inc. is a PropTech company that provides brokerage services, an online database of commercial real estate listings, and a technology-enabled office search process. The headquarters are located in New York City. Jonathan Wasserstrum is the incumbent chief executive officer of the company.

General Assembly is an American-headquartered private, for-profit education organization founded by CEO Jake Schwartz, Adam Pritzker, Matthew Brimer, and Brad Hargreaves in early 2011 and purchased by The Adecco Group in 2018. It maintains campuses in various countries throughout the world to teach entrepreneurs and business professionals practical technology skills. It provides courses in mobile and software engineering, data science, product management, and other digital technology–related courses.

Pluralsight, LLC is an American privately held online education company that offers a variety of video training courses for software developers, IT administrators, and creative professionals through its website. Founded in 2004 by Aaron Skonnard, Keith Brown, Fritz Onion, and Bill Williams, the company has its headquarters in Draper, Utah. As of July 2018, it uses more than 1,400 subject-matter experts as authors, and offers more than 7,000 courses in its catalog. Since first moving its courses online in 2007, the company has expanded, developing a full enterprise platform, and adding skills assessment modules.

Hack Reactor is a software engineering coding bootcamp education program founded in San Francisco in 2012. The program is remote-only and offered in 12-week beginner full-time and 19-week intermediate full-time formats.

Coding bootcamps are intensive programs of software development. They first appeared in 2011.

DevMountain is a private coding bootcamp school that offers both in-person and online courses ranging from 6 to 26 weeks in a variety of subjects including web development, mobile programming, user experience design, software quality assurance, and salesforce development. The school was founded in Provo, Utah by Cahlan Sharp, Tyler Richards, and Colt Henrie in 2013.

<span class="mw-page-title-main">Woz U</span> Tech education company founded by Steve Wozniak

Woz U is a company founded by Apple co-founder Steve Wozniak that focuses on technical education for independent students, and offers curriculum to universities and organizations to upskill their employees.

Rubrik, Inc. is an American cloud data management and data security company based in Palo Alto, California, founded in January 2014. The company is listed on the New York Stock Exchange after going public in April 2024.

Actionfigure, formerly known as TransitScreen, is an American technology company that offers software for digital displays, showing real-time transportation arrival data and other local information. In 2018, they launched a mobile application offering real-time transportation data, and in 2020 launched a product for employers to help employees navigate their commutes. As of 2018, TransitScreen has displays in more than 1,000 buildings in 30 cities, including Washington, Boston, and Pittsburgh.

Trilogy Education Services is a New York City-based technology education company that offers non-credit technology training programs, colloquially known as coding bootcamps, through affiliate universities. In-person courses are held on the affiliate university campus. Revenue from the tuition is shared with the affiliate university.

Bloom Institute of Technology, also known as BloomTech, is a coding bootcamp providing for-profit massive online course. Launched in 2017 under the name Lambda School, it gained attention for being a coding bootcamp that offered income share agreements as a method of financing. During this time, it deceived students about costs, made false claims about graduates’ hiring rates, and engaged in illegal lending. Following several layoffs and cost cutting measures, it transitioned from a bootcamp model to MOOC, and refocused on traditional student loans.

<span class="mw-page-title-main">Industrious</span> American provider of coworking spaces

Industrious, headquartered in New York City, provides coworking spaces to companies and individuals. It was founded in 2012 and operates in more than 200 locations and 65 cities in the U.S., Europe, and Asia.

<span class="mw-page-title-main">Allison Kopf</span> Founder and CEO of Artemis

Allison Kopf is founder and CEO of the enterprise Cultivation Management Platform (CMP) Artemis. Kopf is also Investment Partner at XFactor Ventures and serves on boards related to companies and organizations in the education and science sectors such as Santa Clara University and SCU Ciocca Center.

References

  1. ↑ Crook, Jordan (June 30, 2020). "WeWork sells Flatiron School to Carrick Capital Partners". TechCrunch. Retrieved July 29, 2020.
  2. ↑ Chapman, Ben (October 13, 2017). "Flatiron coding school to pay $375G for operating without a license, making false claims about its graduates". nydailynews.com. Retrieved March 21, 2019.
  3. ↑ reporter, Michelai Graham / (March 12, 2019). "Flatiron School and SeatGeek are partnering to offer women in tech $200K in scholarships funds". Technical.ly DC. Retrieved March 21, 2019.
  4. ↑ "The Citi Blog – Citi Collaborates with Flatiron School to Connect Women with up to $1 Million in Total Scholarships". Citi Blog. Retrieved March 21, 2019.
  5. ↑ "Coding Scholarship". Out in Tech. Retrieved March 21, 2019.
  6. ↑ "New Tech Initiative Is Giving $1 Million In Funding Towards Disadvantaged Engineering Students". Black Enterprise. February 5, 2019. Retrieved March 21, 2019.
  7. 1 2 "WeWork acquires Flatiron School". TechCrunch. October 23, 2017. Retrieved March 21, 2019.
  8. ↑ Woods, Tyler (February 22, 2018). "WeWork to launch Access Labs, a Flatiron School for low-income New Yorkers". Technical.ly Brooklyn. Retrieved March 21, 2019.
  9. ↑ "WeWork's Flatiron School Acquires Designation". Cheddar. Retrieved March 21, 2019.
  10. ↑ Poladian, Charles. "Announcing Flatiron School's UX/UI Design Immersive for NYC". Switch. Retrieved March 21, 2019.
  11. ↑ "New coding boot camp in Atlanta is committed to diversifying tech". WXIA. November 20, 2018. Retrieved June 19, 2019.
  12. ↑ "Want to get in on Austin's booming tech scene? Here's how". CultureMap Austin. Retrieved June 19, 2019.
  13. ↑ "WeWork's Flatiron School Is Opening Its 1st Coding Bootcamp in Chicago".
  14. ↑ "WeWork's coding college Flatiron School headed to Dallas' Victory Park". Dallas News. January 29, 2019. Retrieved March 21, 2019.
  15. ↑ "WeWork-backed bootcamp coding school opening in Denver". www.bizjournals.com. Retrieved March 21, 2019.
  16. ↑ "NY coding school kicks off Houston expansion as Facebook aims to train 1M workers". www.bizjournals.com. Retrieved March 21, 2019.
  17. ↑ Lunden, Ingrid (March 13, 2018). "WeWork expands its Flatiron School education business to London with £1M in scholarships". TechCrunch. Retrieved March 21, 2019.
  18. ↑ "10 Must Reads for the CRE Industry Today (June 7, 2019)". National Real Estate Investor. June 7, 2019. Retrieved June 19, 2019.
  19. ↑ "WeWork-owned coding bootcamp Flatiron School expands to west coast with new Seattle location". GeekWire. September 17, 2018. Retrieved March 21, 2019.
  20. ↑ Babcock, Stephen (January 12, 2018). "The Flatiron School's DC location will be at WeWork White House". Technical.ly DC. Retrieved March 21, 2019.
  21. ↑ Lindsay McKenzie (July 2, 2020). "WeWork Sells Flatiron School". insidehighered.com. Retrieved November 6, 2020.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.