April 9, 2013
Today, coding education startup Treehouse announced $7 million in series B funding led by Kaplan Ventures.
The site, used by companies like Zaarly and Starter League, helps you learn programming by watching video content made by real teachers. Then, you can practice right inside your web browser with Treehouse code challenges. This model has already attracted 25,000 active students.
According to CEO Ryan Carson, online coding education and hacker schools are becoming the colleges of the future.
“Why spend $250,000 and four years of your life, when you could spend $25/mo for six months and be job-ready on Treehouse?” asks Carson.
“They’re creating an education model that massively reduces debt, increases job readiness, and drives value in today’s economy. This is exactly what America needs right now,” says Chamath Palihapitiya, founder and managing partner of The Social+Capital Partnership, who also participated in the round.
Hacker schools generally run for around two months, costing a few thousand dollars, and students are expected to be in the office daily. Treehouse, in contrast, costs $25 per month and asks you to watch five- to ten-minute videos whenever you have the time. The commitment is more flexible, but it also means that students need more self-motivation.
Treehouse, based in Orlando, will use the funding to hire more employees and expand its offerings.
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