Indy-based Coding School Raises $7.8M

Updated:
Chok Ooi is the co-founder and CEO of Kenzie Academy. Chok Ooi is the co-founder and CEO of Kenzie Academy.
INDIANAPOLIS -

Indianapolis-based Kenzie Academy has announced $7.8 million in Series A funding, led by venture capital fund ReThink Education. The coding school says the additional funds from investors will allow it to expand its tech education model to students in the Midwest, who are often overshadowed by the better-known tech hubs like the Silicon Valley or the east coast.

“There is a massive amount of untapped tech talent outside of Silicon Valley and NYC. Kenzie is identifying this talent to fill the millions of jobs available, training workforce-ready skills and connecting students almost immediately with top employers,” said Chok Ooi, Co-founder and CEO of Kenzie Academy.

Kenzie, founded in 2017, is a college alternative providing job-focused technology training, such as software engineering and UX engineering. 

The school uses a disruptive education model which allows it to develop a more tailored approach to each individual student’s learning needs. Kenzie believes that concept breeds success.

“Kenzie Academy, with its innovative and flexible approach to upskilling, is a natural fit with our longstanding commitment to helping workers take their careers to the next level,” said Rick Wallace, vice president of corporate development & strategy for Kelly Services.

Kelly Services, through the Kelly Innovation Fund, invested in the Series A funding round for Kenzie Academy, as did Indianapolis-based Strada Education Network, Washington D.C.-based Revolution’s Rise of the Rest Seed Fund, LearnStart VC of San Mateo, CA, Peak State Ventures of San Francisco, and Flat World Partners.

  • Perspectives

    • Time Management: When and How to Work to Your Max Productivity

      Time is the one resource in your life that is neither replenishable nor renewable. Regardless of how you spin it, everyone starts each day on an equal playing field with 24 hours in the time bank. And while people often yearn for more time, what they really need is better time management. Understanding where your time goes, when you are most productive, and why you should protect yourself against distractions are the keys to achieving your max productivity.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Photo courtesy of MutualBank

      MutualBank President Dies

      The President and Chief Operating Officer of Muncie-based MutualBank Pat Botts has died. In a statement on Facebook posted Sunday, the company said the passing was unexpected.

    • (file photo courtesy of Radial)

      Radial to Hire 1,800 Seasonal Workers in Brownsburg

      Pennsylvania-based Radial Inc. has announced plans to grow its seasonal workforce in Brownsburg. The company, which opened its 700,000-square-foot fulfillment center in the Hendricks County city in June, says it will add 1,800 workers ahead of the holiday season. Radial is an e-commerce technology and operations company and says a dramatic increase in online spending will lead to higher demand for workers at the new facility this year. The jobs will mainly be...

    • Photo courtesy of Indiana Premium outlets

      Simon Announces New Name for Shopping Center

      Indianapolis-based Simon Property Group Inc. (NYSE: SPG) has announced Edinburgh Premium Outlets will become Indiana Premium Outlets. The company says extensive enhancements are currently underway to reflect the new name and are slated for completion by Holiday 2019. 

    • Artist rendering of proposed headquarters for Ruoff Home Mortgage in Fort Wayne.

      Ruoff to Build New HQ in Downtown Fort Wayne

      Fort Wayne-based Ruoff Home Mortgage has announced plans to build a $43 million corporate headquarters in downtown Fort Wayne. Plans call for a 110-thousand square foot, nine-story structure, at the corner of Ewing Street and Jefferson Boulevard. The building would include leasable office and retail space, as well as a parking garage. It would overlook Parkview Field, home of the Fort Wayne Tin Caps minor league baseball team. The company is currently located on...

    • Regal Beloit is closing in Valparaiso. (photo courtesy; The Times of Northwest Indiana)

      Valpo Bearings Plant to Close, Eliminating 160+ Jobs

      Wisconsin-based Regal Beloit Corp. and the union representing workers have reached an agreement about the closing of a helicopter bearing factory in Valparaiso. According to our partners at The Times of Northwest Indiana, the decision will cost between 160 to 170 workers their jobs.