Clayton-based online learning platform Nerdy Inc. has acquired coding education startup Codeverse to add immersive coding classes to its library of academic and enrichment programs.
While the financial terms of the deal were not disclosed, Nerdy said the acquisition will enable the company to meet the growing demand for computer science and coding education with consumers and in schools.
Founded by husband and wife duo, Craig Ulliott and Katy Lynch, with a mission to ‘teach a billion kids to code’, Codeverse provides kids with everything they need to build real apps and games that bring their creative ideas to life.
Following the acquisition, the Codeverse Studio – which includes a real programming language and game creation tools designed just for kids – will be made available as part of the learning membership from Varsity Tutors, an all-inclusive learning destination that gives students access to a comprehensive array of learning resources to ensure students have personalized and ongoing learning support. Codeverse offerings will also be available to the company’s school district partners, via the Varsity Tutors for Schools product suite.
Commenting on the development, Chuck Cohn, Founder, Chairman, and CEO of Nerdy, said in a statement,
“Coding is one of the fastest-growing segments in education, yet the tools and resources for students have not kept up with the increasing demand. We understand the importance of coding to our customers, and as we evolve our business to an all-inclusive learning destination the addition of Codeverse to the Varsity Tutors platform will help us deliver on the need for high-quality computer science and coding education year round.”
On joining forces with Nerdy, Craig Ulliott, Co-Founder of Codeverse, said,
“Earlier this year, we hosted a StarCourse on the Varsity Tutors platform, and we were amazed to see that 40 percent of kids who participated went on to create a Codeverse account and build their own game. We’re thrilled to be joining with Varsity Tutors – together, we will unlock this demand and accelerate our ambitious mission of teaching a billion kids to code.”
Nerdy, founded in 2007, is the parent company of Varsity Tutors and a leading platform for live online learning, with a mission to transform the way people learn through technology. The company’s purpose-built proprietary platform leverages technology, including AI, to connect learners of all ages with experts, delivering superior value on both sides of the network. Nerdy’s comprehensive learning destination offers learning experiences in 3,000+ subjects and in multiple formats – including one-on-one instruction, small group classes, large format group classes, and adaptive self-study. Its solutions are available directly to students and consumers, as well as through schools and other institutions.
