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Cengage valuation, funding and investors

Cengage works in digital learning platform development, based in Independence, United States. Founded in 2007, it has about 4,690 employees.

Educational Publications Independence Series A
VALUATION · TODAY
$4.55B −10% after Series A
Range $453M – $7.65B · Grade D
TODAY
+12 MO
$2.50B
$5.00B
$7.50B
$10.00B
2008
2010
2012
2014
2016
2018
2020
2022
2024
2026
Series A $530M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY4,688 employees
+7%6m growth
+7%1y growth
+4%2y growth
2,000
4,000
6,000
Data from Jan 2021
TODAY
Predicted in 1 yr $4.11B −10% vs today
Predicted next raise $745M if a round comes
Winding-down probability 8%
Last round
Series A · $530M · May 2023
Valuation at last round
$2.94B · implied
Headcount
4,688 · flat
Grade
D
Founded
2007
How VCMC values companies →

Cengage valuation today

VCMC values Cengage at $4.6B today, with a range of $453M to $7.7B and a grade of D. The valuation starts from its last funding round, a Series A round in May 2023.

Valuation by date (240 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Cengage: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2007$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Feb 2007$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Mar 2007$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Apr 2007$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 May 2007$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Jun 2007$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Jul 2007$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Aug 2007$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Sep 2007$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Oct 2007$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Nov 2007$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Dec 2007$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Jan 2008$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Feb 2008$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Mar 2008$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Apr 2008$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 May 2008$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Jun 2008$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Jul 2008$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Aug 2008$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Sep 2008$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Oct 2008$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Nov 2008$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Dec 2008$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Jan 2009$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Feb 2009$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Mar 2009$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Apr 2009$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 May 2009$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Jun 2009$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Jul 2009$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Aug 2009$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Sep 2009$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Oct 2009$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Nov 2009$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Dec 2009$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Jan 2010$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Feb 2010$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Mar 2010$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Apr 2010$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 May 2010$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Jun 2010$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Jul 2010$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Aug 2010$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Sep 2010$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Oct 2010$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Nov 2010$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Dec 2010$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Jan 2011$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Feb 2011$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Mar 2011$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Apr 2011$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 May 2011$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Jun 2011$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Jul 2011$4.56M$1.66M – $12.5M$4.56M (0%)before first round–unknownD0%
1 Aug 2011$4.56M$1.66M – $12.5M$4.58M (0%)before first round–unknownD0%
1 Sep 2011$4.56M$1.66M – $12.5M$4.60M (+1%)before first round–unknownD0%
1 Oct 2011$4.56M$1.66M – $12.5M$4.62M (+1%)before first round–unknownD0%
1 Nov 2011$4.56M$1.66M – $12.5M$4.64M (+2%)before first round–unknownD0%
1 Dec 2011$4.56M$1.66M – $12.5M$4.65M (+2%)before first round–unknownD0%
1 Jan 2012$4.56M$1.66M – $12.5M$4.67M (+2%)before first round–unknownD0%
1 Feb 2012$4.56M$1.66M – $12.5M$4.69M (+3%)before first round–unknownD0%
1 Mar 2012$4.56M$1.66M – $12.5M$4.71M (+3%)before first round–unknownD0%
1 Apr 2012$4.56M$1.66M – $12.5M$4.73M (+4%)before first round–unknownD0%
1 May 2012$4.56M$1.66M – $12.5M$4.75M (+4%)before first round–unknownD0%
1 Jun 2012$4.56M$1.66M – $12.5M$4.76M (+4%)before first round–unknownD0%
1 Jul 2012$4.56M$1.66M – $12.5M$4.78M (+5%)before first round–unknownD0%
1 Aug 2012$4.58M$1.67M – $12.6M$4.80M (+5%)before first round–unknownD0%
1 Sep 2012$4.60M$1.67M – $12.6M$4.82M (+5%)before first round–unknownD0%
1 Oct 2012$4.62M$1.68M – $12.7M$4.84M (+5%)before first round–unknownD0%
1 Nov 2012$4.64M$1.69M – $12.7M$4.86M (+5%)before first round–unknownD0%
1 Dec 2012$4.65M$1.69M – $12.8M$4.88M (+5%)before first round–unknownD0%
1 Jan 2013$4.67M$1.70M – $12.8M$4.90M (+5%)before first round–unknownD0%
1 Feb 2013$4.69M$1.71M – $12.9M$4.92M (+5%)before first round–unknownD0%
1 Mar 2013$4.71M$1.71M – $12.9M$4.93M (+5%)before first round–unknownD0%
1 Apr 2013$4.73M$1.72M – $13.0M$4.95M (+5%)before first round–unknownD0%
1 May 2013$4.74M$1.73M – $13.0M$4.97M (+5%)before first round–unknownD0%
1 Jun 2013$4.76M$1.73M – $13.1M$4.99M (+5%)before first round–unknownD0%
1 Jul 2013$4.78M$1.74M – $13.1M$5.01M (+5%)before first round–unknownD0%
1 Aug 2013$4.80M$1.75M – $13.2M$5.03M (+5%)before first round–unknownD0%
1 Sep 2013$4.82M$1.75M – $13.2M$5.05M (+5%)before first round–unknownD0%
1 Oct 2013$4.84M$1.76M – $13.3M$5.07M (+5%)before first round–unknownD0%
1 Nov 2013$4.86M$1.77M – $13.3M$5.09M (+5%)before first round–unknownD0%
1 Dec 2013$4.88M$1.78M – $13.4M$5.11M (+5%)before first round–unknownD0%
1 Jan 2014$4.90M$1.78M – $13.4M$5.13M (+5%)before first round–unknownD0%
1 Feb 2014$4.92M$1.79M – $13.5M$5.15M (+5%)before first round–unknownD0%
1 Mar 2014$4.93M$1.80M – $13.6M$5.17M (+5%)before first round–unknownD0%
1 Apr 2014$4.95M$1.80M – $13.6M$5.19M (+5%)before first round–unknownD0%
1 May 2014$4.97M$1.81M – $13.7M$5.21M (+5%)before first round–unknownD0%
1 Jun 2014$4.99M$1.82M – $13.7M$5.23M (+5%)before first round–unknownD0%
1 Jul 2014$5.01M$1.82M – $13.8M$5.25M (+5%)before first round–unknownD0%
1 Aug 2014$5.03M$1.83M – $13.8M$5.27M (+5%)before first round–unknownD0%
1 Sep 2014$5.05M$1.84M – $13.9M$5.29M (+5%)before first round–unknownD0%
1 Oct 2014$5.07M$1.85M – $13.9M$5.31M (+5%)before first round–unknownD0%
1 Nov 2014$5.09M$1.85M – $14.0M$5.33M (+5%)before first round–unknownD0%
1 Dec 2014$5.11M$1.86M – $14.0M$5.36M (+5%)before first round–unknownD0%
1 Jan 2015$5.13M$1.87M – $14.1M$5.38M (+5%)before first round–unknownD0%
1 Feb 2015$5.15M$1.88M – $14.2M$5.40M (+5%)before first round–unknownD0%
1 Mar 2015$5.17M$1.88M – $14.2M$5.42M (+5%)before first round–unknownD0%
1 Apr 2015$5.19M$1.89M – $14.3M$5.44M (+5%)before first round–unknownD0%
1 May 2015$5.21M$1.90M – $14.3M$5.46M (+5%)before first round–unknownD0%
1 Jun 2015$5.23M$1.90M – $14.4M$5.48M (+5%)before first round–unknownD0%
1 Jul 2015$5.25M$1.91M – $14.4M$5.50M (+5%)before first round–unknownD0%
1 Aug 2015$5.27M$1.92M – $14.5M$5.65M (+7%)before first round–unknownD0%
1 Sep 2015$5.29M$1.93M – $14.5M$5.80M (+10%)before first round–unknownD0%
1 Oct 2015$5.31M$1.93M – $14.6M$5.95M (+12%)before first round–unknownD0%
1 Nov 2015$5.33M$1.94M – $14.7M$6.11M (+15%)before first round–unknownD0%
1 Dec 2015$5.36M$1.95M – $14.7M$6.27M (+17%)before first round–unknownD0%
1 Jan 2016$5.38M$1.96M – $14.8M$6.45M (+20%)before first round–unknownD0%
1 Feb 2016$5.40M$1.97M – $14.8M$6.62M (+23%)before first round–unknownD0%
1 Mar 2016$5.42M$1.97M – $14.9M$6.79M (+25%)before first round–unknownD0%
1 Apr 2016$5.44M$1.98M – $14.9M$6.97M (+28%)before first round–unknownD0%
1 May 2016$5.46M$1.99M – $15.0M$7.16M (+31%)before first round–unknownD0%
1 Jun 2016$5.48M$2.00M – $15.1M$7.35M (+34%)before first round–unknownD0%
1 Jul 2016$5.50M$2.00M – $15.1M$7.54M (+37%)before first round–unknownD0%
1 Aug 2016$5.65M$2.06M – $15.5M$7.75M (+37%)before first round–unknownD0%
1 Sep 2016$5.80M$2.11M – $15.9M$7.96M (+37%)before first round–unknownD0%
1 Oct 2016$5.96M$2.17M – $16.4M$8.17M (+37%)before first round–unknownD0%
1 Nov 2016$6.12M$2.23M – $16.8M$8.39M (+37%)before first round–unknownD0%
1 Dec 2016$6.28M$2.29M – $17.2M$8.61M (+37%)before first round–unknownD0%
1 Jan 2017$6.45M$2.35M – $17.7M$8.84M (+37%)before first round–unknownD0%
1 Feb 2017$6.62M$2.41M – $18.2M$9.08M (+37%)before first round–unknownD0%
1 Mar 2017$6.78M$2.47M – $18.6M$9.30M (+37%)before first round–unknownD0%
1 Apr 2017$6.97M$2.54M – $19.1M$9.55M (+37%)before first round–unknownD0%
1 May 2017$7.15M$2.60M – $19.6M$9.80M (+37%)before first round–unknownD0%
1 Jun 2017$7.34M$2.67M – $20.2M$10.1M (+37%)before first round–unknownD0%
1 Jul 2017$7.54M$2.74M – $20.7M$10.3M (+37%)before first round–unknownD0%
1 Aug 2017$7.74M$2.82M – $21.3M$10.6M (+37%)before first round–unknownD0%
1 Sep 2017$7.95M$2.89M – $21.8M$10.9M (+37%)before first round–unknownD0%
1 Oct 2017$8.16M$2.97M – $22.4M$11.2M (+37%)before first round–unknownD0%
1 Nov 2017$8.38M$3.05M – $23.0M$11.5M (+37%)before first round–unknownD0%
1 Dec 2017$8.60M$3.13M – $23.6M$11.8M (+37%)before first round–unknownD0%
1 Jan 2018$8.84M$3.22M – $24.3M$12.1M (+37%)before first round–unknownD0%
1 Feb 2018$9.08M$3.30M – $24.9M$12.4M (+37%)before first round–unknownD0%
1 Mar 2018$9.30M$3.39M – $25.5M$12.7M (+37%)before first round–unknownD0%
1 Apr 2018$9.55M$3.48M – $26.2M$13.1M (+37%)before first round–unknownD0%
1 May 2018$9.80M$3.57M – $26.9M$13.4M (+37%)before first round–unknownD0%
1 Jun 2018$10.1M$3.67M – $27.7M$13.8M (+37%)before first round–unknownD0%
1 Jul 2018$10.3M$3.76M – $28.4M$14.2M (+37%)before first round–unknownD0%
1 Aug 2018$10.6M$3.86M – $29.2M$14.3M (+35%)before first round–unknownD0%
1 Sep 2018$10.9M$3.97M – $29.9M$14.4M (+32%)before first round–unknownD0%
1 Oct 2018$11.2M$4.07M – $30.7M$14.6M (+30%)before first round–unknownD0%
1 Nov 2018$11.5M$4.18M – $31.6M$14.7M (+28%)before first round–unknownD0%
1 Dec 2018$11.8M$4.29M – $32.4M$14.8M (+26%)before first round–unknownD0%
1 Jan 2019$12.1M$4.41M – $33.3M$15.0M (+24%)before first round–unknownD0%
1 Feb 2019$12.4M$4.53M – $34.2M$15.1M (+21%)before first round–unknownD0%
1 Mar 2019$12.7M$4.64M – $35.0M$15.2M (+19%)before first round–unknownD0%
1 Apr 2019$13.1M$4.77M – $36.0M$15.4M (+17%)before first round–unknownD0%
1 May 2019$13.4M$4.89M – $36.9M$15.5M (+15%)before first round–unknownD0%
1 Jun 2019$13.8M$5.02M – $37.9M$15.7M (+13%)before first round–unknownD0%
1 Jul 2019$14.2M$5.16M – $38.9M$15.8M (+11%)before first round–unknownD0%
1 Aug 2019$14.3M$5.21M – $39.3M$15.9M (+11%)before first round–unknownD0%
1 Sep 2019$14.4M$5.26M – $39.7M$16.1M (+11%)before first round–unknownD0%
1 Oct 2019$14.6M$5.30M – $40.0M$16.2M (+11%)before first round–unknownD0%
1 Nov 2019$14.7M$5.35M – $40.4M$16.4M (+11%)before first round–unknownD0%
1 Dec 2019$14.8M$5.40M – $40.7M$16.5M (+11%)before first round–unknownD0%
1 Jan 2020$15.0M$5.45M – $41.1M$16.7M (+11%)before first round–unknownD0%
1 Feb 2020$15.1M$5.50M – $41.5M$16.8M (+11%)before first round–unknownD0%
1 Mar 2020$15.2M$5.55M – $41.9M$17.0M (+11%)before first round–unknownD0%
1 Apr 2020$15.4M$5.60M – $42.2M$17.1M (+11%)before first round–unknownD0%
1 May 2020$15.5M$5.65M – $42.6M$17.3M (+11%)before first round–unknownD0%
1 Jun 2020$15.7M$5.70M – $43.0M$17.4M (+11%)before first round–unknownD0%
1 Jul 2020$15.8M$5.75M – $43.4M$17.6M (+11%)before first round–unknownD0%
1 Aug 2020$15.9M$5.80M – $43.8M$17.8M (+11%)before first round–unknownD0%
1 Sep 2020$16.1M$5.86M – $44.2M$17.9M (+11%)before first round–unknownD0%
1 Oct 2020$16.2M$5.91M – $44.6M$18.1M (+11%)before first round–unknownD0%
1 Nov 2020$16.4M$5.96M – $45.0M$18.2M (+11%)before first round–unknownD0%
1 Dec 2020$16.5M$6.02M – $45.4M$18.4M (+11%)before first round–unknownD0%
1 Jan 2021$202M$43.7M – $939M$223M (+10%)before first round4,400unknownD0%
1 Feb 2021$204M$44.0M – $948M$225M (+10%)before first round4,400unknownD0%
1 Mar 2021$206M$44.2M – $957M$226M (+10%)before first round4,400unknownD0%
1 Apr 2021$208M$44.5M – $967M$228M (+10%)before first round4,400flatD0%
1 May 2021$209M$44.8M – $977M$230M (+10%)before first round4,400flatD0%
1 Jun 2021$211M$45.1M – $987M$231M (+10%)before first round4,400flatD0%
1 Jul 2021$213M$45.4M – $996M$233M (+10%)before first round4,400flatD0%
1 Aug 2021$214M$45.7M – $1.0B$234M (+9%)before first round4,400flatD0%
1 Sep 2021$216M$46.0M – $1.0B$234M (+8%)before first round4,400flatD0%
1 Oct 2021$218M$46.3M – $1.0B$235M (+8%)before first round4,400flatD0%
1 Nov 2021$220M$46.6M – $1.0B$235M (+7%)before first round4,400flatD0%
1 Dec 2021$221M$46.8M – $1.0B$236M (+6%)before first round4,400flatD0%
1 Jan 2022$223M$47.1M – $1.1B$236M (+6%)before first round4,400flatD0%
1 Feb 2022$225M$47.4M – $1.1B$237M (+5%)before first round4,400flatD0%
1 Mar 2022$226M$47.7M – $1.1B$237M (+5%)before first round4,400flatD0%
1 Apr 2022$228M$47.9M – $1.1B$238M (+4%)before first round4,400flatD0%
1 May 2022$230M$48.2M – $1.1B$238M (+4%)before first round4,400flatD0%
1 Jun 2022$231M$48.5M – $1.1B$239M (+3%)before first round4,400flatD0%
1 Jul 2022$233M$48.7M – $1.1B$239M (+3%)before first round4,400flatD0%
1 Aug 2022$234M$48.8M – $1.1B$240M (+3%)before first round4,400flatD0%
1 Sep 2022$234M$48.9M – $1.1B$240M (+3%)before first round4,400flatD0%
1 Oct 2022$235M$49.0M – $1.1B$241M (+3%)before first round4,400flatD0%
1 Nov 2022$235M$49.1M – $1.1B$241M (+3%)before first round4,400unknownD0%
1 Dec 2022$236M$49.2M – $1.1B$242M (+3%)before first round4,400unknownD0%
1 Jan 2023$319M$60.2M – $1.2B$327M (+3%)before first round5,000upD0%
1 Feb 2023$319M$60.3M – $1.2B$328M (+3%)before first round5,000upD0%
1 Mar 2023$320M$60.4M – $1.3B$328M (+3%)before first round5,000upD0%
1 Apr 2023$321M$60.5M – $1.3B$329M (+3%)before first round5,000upD0%
1 May 2023$321M$60.7M – $1.3B$330M (+3%)before first round5,000upD0%
23 May 2023$2.9B$1.9B – $8.1B$5.3B (+80%)after a round5,000upC0%
1 Jun 2023$3.0B$1.9B – $8.1B$5.3B (+77%)after a round5,000upC0%
1 Jul 2023$3.1B$1.9B – $8.1B$5.3B (+69%)after a round5,000upC0%
1 Aug 2023$3.3B$1.9B – $8.1B$5.3B (+61%)after a round5,000upC0%
1 Sep 2023$3.5B$1.9B – $8.1B$5.3B (+53%)after a round5,000unknownC0%
1 Oct 2023$3.3B$1.9B – $6.3B$4.0B (+20%)after a round4,600flatB42%
1 Nov 2023$3.4B$1.9B – $6.3B$4.0B (+16%)after a round4,600flatB42%
1 Dec 2023$3.5B$1.9B – $6.3B$3.9B (+12%)after a round4,600flatB42%
1 Jan 2024$3.6B$1.9B – $6.3B$3.9B (+8%)after a round4,600flatB42%
1 Feb 2024$3.7B$1.9B – $6.3B$3.9B (+4%)after a round4,600flatB42%
1 Mar 2024$3.8B$1.9B – $6.2B$3.8B (0%)after a round4,600flatB44%
1 Apr 2024$3.9B$1.9B – $6.2B$3.7B (-4%)after a round4,600flatB44%
1 May 2024$4.0B$1.9B – $6.2B$3.7B (-7%)after a round4,600flatB44%
1 Jun 2024$4.1B$1.9B – $6.2B$3.5B (-14%)after a round4,600flatB44%
1 Jul 2024$4.0B$1.8B – $6.3B$3.5B (-14%)after a round4,600flatC44%
1 Aug 2024$4.1B$1.7B – $6.5B$3.5B (-14%)after a round4,500flatC41%
1 Sep 2024$4.1B$1.6B – $6.6B$3.6B (-13%)after a round4,500flatC38%
1 Oct 2024$4.2B$1.5B – $6.8B$3.7B (-12%)after a round4,500flatC35%
1 Nov 2024$4.2B$1.5B – $6.9B$3.7B (-12%)after a round4,500flatC32%
1 Dec 2024$4.3B$1.4B – $7.1B$3.8B (-11%)after a round4,500flatC29%
1 Jan 2025$4.3B$1.3B – $7.2B$3.9B (-10%)after a round4,500flatC27%
1 Feb 2025$4.4B$1.3B – $7.3B$4.0B (-10%)after a round4,500flatC25%
1 Mar 2025$4.4B$1.2B – $7.4B$4.0B (-9%)after a round4,500flatC23%
1 Apr 2025$4.5B$1.1B – $7.5B$4.1B (-9%)after a round4,500flatC21%
1 May 2025$4.5B$1.1B – $7.6B$4.1B (-8%)after a round4,500flatC19%
1 Jun 2025$4.5B$1.0B – $7.6B$4.1B (-8%)after a round4,500flatC18%
1 Jul 2025$4.3B$984M – $7.5B$3.9B (-10%)after a round4,402flatD21%
1 Aug 2025$4.2B$934M – $7.5B$3.7B (-11%)after a round4,387flatD22%
1 Sep 2025$4.2B$888M – $7.6B$3.7B (-12%)after a round4,387flatD22%
1 Oct 2025$4.2B$845M – $7.6B$3.7B (-12%)after a round4,374flatD20%
1 Nov 2025$4.3B$803M – $7.7B$3.8B (-12%)after a round4,374flatD19%
1 Dec 2025$4.3B$764M – $7.8B$3.8B (-12%)after a round4,374flatD17%
1 Jan 2026$4.4B$726M – $7.8B$3.8B (-12%)after a round4,374flatD16%
1 Feb 2026$4.4B$691M – $7.8B$3.8B (-13%)after a round4,395flatD16%
1 Mar 2026$4.4B$660M – $7.9B$3.8B (-13%)after a round4,395flatD14%
1 Apr 2026$4.5B$627M – $7.9B$3.8B (-14%)after a round4,395flatD13%
1 May 2026$4.6B$605M – $8.0B$3.9B (-14%)after a round4,658flatD12%
1 Jun 2026$4.5B$575M – $7.8B$4.0B (-12%)after a round4,658flatD11%
1 Jul 2026$4.5B$547M – $7.8B$4.0B (-11%)after a round4,658flatD10%
1 Aug 2026$4.6B$520M – $7.7B$4.1B (-11%)after a round4,658flatD10%
1 Sep 2026$4.6B$494M – $7.7B$4.1B (-11%)after a round4,658flatD9%
1 Oct 2026$4.6B$471M – $7.7B$4.1B (-10%)after a round4,688flatD8%
24 Oct 2026$4.6B$453M – $7.7B$4.1B (-10%)after a round4,688flatD8%

Key facts about Cengage

Founded
2007
Headquarters
Independence, United States
Employees
about 4,690 +7% in a year
Total raised
$530M
Funding rounds
1
Last round
Series A May 2023

Cengage was founded in 2007 by Apax Partners and OMERS Capital Partners.

Cengage funding history

Cengage has 1 funding round on record, from May 2023 to May 2023, $530M in total. None disclosed a valuation.

  1. Series A 22 May 2023

    Led by Apollo.

    Sources: cengagegroup.com, ir.apollo.com, reachcapital.com

    $530M

Cengage investors

1 investor has backed Cengage; Apollo led at least one round.

What Cengage does

Cengage works in educational publications, with 15 recorded offerings and customers in education.

Cengage Learning, Inc. is an American educational technology company that develops and distributes digital learning platforms, course materials, and career resources for students, educators, and professionals in K-12, higher education, career, and English Language Learning markets. The company also provides subscription-based learning services, including access to content, simulations, and AI-powered tools, and offers accessibility solutions for learners with disabilities. Cengage operates internationally, with a global presence and a focus on sustainability and educational equity.

Description from Veridion's company data.

Products and services

  • Digital Learning Platform Development
  • Course Materials Publishing and Distribution
  • Career Resource Services
  • AI-Powered Learning Tool Development
  • Simulation-Based Learning Content Development
  • Subscription-Based Learning Services
  • Accessibility Support Services
  • Educational Equity Solutions
  • Sustainability-Focused Education Services
  • K-12 Education Solutions
  • Higher Education Solutions
  • Professional Development Services
  • English Language Learning Services
  • Machine Learning Integration Services
  • Personalized Learning Experience Services

Markets

  • Education

Technology

  • AI-Powered Personalized Learning
  • AI-Powered Adaptive Learning

Business model

  • Business-to-Business
  • Business-to-Consumer
  • Service Provider
  • Software-as-a-Service
  • Subscription-Based

Industry codes (NAICS)

  • 513130 Book Publishers 50% match
  • 513210 Software Publishers 30% match
  • 424920 Book, Periodical, and Newspaper Merchant Wholesalers 20% match

Questions about Cengage

What is Cengage worth?

Valuation $4.6B (range $453M to $7.7B), as of 24 Oct 2026.

Has Cengage raised money?

Cengage has 1 funding round on record, from May 2023 to May 2023, $530M in total. None disclosed a valuation.

Who has invested in Cengage?

Apollo. Lead investors include Apollo.

How many people work at Cengage?

About 4,690, up 7% over the last year. Headcount held at about 4,688 from Jan 2021 to Sep 2026.

What does Cengage do?

Cengage works in educational publications, with 15 recorded offerings and customers in education. Its main offerings are digital learning platform development, course materials publishing and distribution and career resource services.

When was Cengage founded, and where is it based?

Cengage was founded in 2007 and is based in Independence, United States. It has about 4,690 employees, up 7% over the last year.