2U, Inc.

2U, Inc.

2U, Inc.

Overview
Date Founded

2008

Headquarters

8201 CORPORATE DRIVE S 900, LANDOVER, MD, 20785, USA

Type of Company

Public

Employees (Worldwide)

3,749

Industries

Computer Software
Internet Software & Services

Company Description

2U, Inc. engages in the provision of education technology for nonprofit colleges and universities. It operates through the following segments: Graduate Program and Alternative Credential. The Graduate Program segment provides technology and services to nonprofit colleges and universities to enable the online delivery of degree programs. The Alternative Credential segment provides premium online short courses and technical, skills-based boot camps through relationships with nonprofit colleges and universities. The company was founded by Christopher J. Paucek on April 2, 2008 and is headquartered in Lanham, MD.

Contact Data
Trying to get in touch with decision makers at 2U, Inc.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Founding Member

Co-Founder & Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Chief Marketing Officer

Senior Vice President, Corporate Controller & Chief Accounting Officer

Chief Privacy Officer

Chief People Officer

Chief University Operations Officer

Vice President & General Manager

Board of Directors

Co-Founder at Highland Capital Partners LLC

Co-Founder at Gilt Groupe, Inc.

Co-Founder & Chief Executive Officer at Ellevest, Inc. (Investment Management)

Co-Founder & Chief Executive Officer at 2U, Inc.

Provost Emeritus at Washington University

Interim President at The Barack Obama Foundation

Partner, Investment Team at Bessemer Venture Partners

Chief Operating Officer & Chief Product Officer at Netflix, Inc.

Director at University of Michigan - Center for Social Solutions

Partner & Co-Founder at Redpoint Ventures

Paths to 2U, Inc.
Potential Connections via
Relationship Science
You
2U, Inc.
Owners & Shareholders
Details Hidden

ARK Investment Management is a registered investment adviser and privately held investment firm, specializing in thematic investing. The firm is rooted in over thirty years of experience in identifying and investing in disruptive innovations that enable outsized growth as industries transform. Through its open source research process, ARK is able to identify companies that it believes are leading and benefiting from disruptive cross-sector forces and changing how the world works.

Details Hidden

Nikko AMA offers both active and passive investment capabilities across equity, fixed income and alternative asset classes, with key strengths in multiple-pan-Asian asset strategies. Equity analysts are assigned responsibilities based on geographic regions, sectors or investment styles. The firm’s general approach focuses on fundamental bottom-up analysis; although it will vary depending on specific requirements of the investment strategy pursued and is tailored accordingly. Nikko AMA also provides broad coverage of global fixed income markets and currencies with consideration to the following factors: Macro Fundamentals, Interest Rates, Market Liquidity, and Investor Positioning/Relative Performance.

Details Hidden

Founded in 2007, ArrowMark Partners is an SEC-registered investment adviser headquartered in Denver, CO and adviser to the Meridian Funds family. The founding partners have worked together since 1995.

Recent Transactions
Details Hidden

2U, Inc. issued USD Common Stock

Details Hidden

2U, Inc. raised money in a private placement transaction

Details Hidden

2U, Inc. purchases Trilogy Education Services, Inc. from Highland Capital Partners LLC, City Light Capital LLC, Rethink Education Management LLC, Exceed Capital Partners LLC

Insider Transactions
Details Hidden
Details Hidden
Transaction Advisors
Auditor

Advised on2U, Inc. issued USD Common Stock

Escrow Agent

Advised on2U, Inc. issued USD Common Stock

Underwriter

Advised on2U, Inc. issued USD Common Stock

Legal Advisor

Advised on2U, Inc. issued USD Common Stock

Underwriter

Advised on2U, Inc. issued USD Common Stock

Legal Advisor

Advised on2U, Inc. purchases Trilogy Education Services, Inc. from Highland Capital Partners LLC, City Light Capital LLC, Rethink Education Management LLC, Exceed Capital Partners LLC

Advisors & Consultants
Consultant

Managing Partner, Leeds Illuminate at Leeds Equity Partners LLC

Advisor

Former Internal Audit Manager at Time Warner, Inc.

Advisor

Partner at City Light Capital LLC

Clients

Georgetown University is a private research university in Washington, D.C. Founded in 1789, it is the oldest Jesuit and Catholic university in the United States. Georgetown's main campus, located in Washington's Georgetown neighborhood, is noted for Healy Hall, a National Historic Landmark in the Romanesque revival style. Georgetown operates a law center on Capitol Hill and auxiliary campuses in Italy, Turkey, and Qatar.

American University is a private doctoral institution situated in a residential neighborhood of northwest Washington, D.C. Our total fall 2012 enrollment was 13,165, with 6,776 degree-seeking undergraduates, 3,464 degree-seeking graduate students, 1,766 law students, and 1,159 students in nondegree certificate programs, Washington Semester, or AU Abroad. We offer 61 bachelor’s degrees, 54 master’s degrees, 11 doctoral degrees, and a JD program, as well as 50 certificate programs at both the graduate and undergraduate level. Courses run on a 15-week semester basis in fall and spring, with shorter summer-term classes. In addition, we offer study-abroad programs and alternative breaks. More than 85 percent of our undergraduates and 60 percent of our master's students participate in at least one internship. Our student body is cosmopolitan and globally diverse, with all 50 states, the District of Columbia, and 130 countries represented. Seven percent of undergraduates and 11 percent of graduate students are international. The university’s mission is carried out by 798 full-time faculty and 1,525 full-time staff. Ninety-four percent of full-time faculty hold the highest degree in their field. Among our 565 adjunct faculty are policy makers, diplomats, journalists, artists, writers, scientists, and business leaders

Southern Methodist University is a private university near the center of Dallas. SMU offers undergraduate, graduate, and professional programs through seven schools in the humanities and sciences, business, the performing, visual, and communication arts, engineering, education and human development, law, and theology.

Key Stats and Financials As of 2020
Market Capitalization
$3.67B
Total Enterprise Value
$2.53B
Earnings Per Share
$-3.22
Revenue
$775M
Net Profit
$-216M
EBITDA
$-67.3M
EBITDAMargin
-8.69%
Total Debt
$366M
Total Equity
$941M
Enterprise Value / Sales
3.27x
TEVNet Income
-11.71x
Debt TEV
0.14x
Three Year Compounded Annual Growth Rate Of Revenue
39.27%
Non-Profit Donations & Grants
$25K - $50K
2017
$10K - $25K
2016
$100K - $250K
2016
Investments
Details Hidden

Ganzhi Information Tech Shanghai Co. Ltd. provides consulting services. It operates an online platform that enables students to connect and learn from mentors. The company was founded by Greg Nance and Han Shao in 2012 and is headquartered in Shanghai, China.

Investors
Details Hidden

Redmill invests in US and non-US healthcare companies. They may also invest in fields related to healthcare where due diligence shows those healthcare assets are the driving force behind value creation and in other sectors from time to time. The firm uses the fundamental research as part of their investment process. Their protocols include company financial models, market models, investment theses, and regular dialogue. Redmill’s sources include contacts with physicians, focus outside US, dialogue with companies, attendance at medical conferences; meetings with private companies, and regular dialogue within the team.

Details Hidden

The D. E. Shaw group pursues attractive and sustainable risk-adjusted returns on the capital we invest for our clients. The firm invests globally using a broad array of strategies in both public and private markets. Widely recognized as a pioneer in quantitative investing, particularly in equities, futures, and options, the firm also has formidable expertise in areas that involve fundamental analysis or portfolio manager discretion, such as credit, energy, and macro investing. Regardless of the particular strategy, each investment decision is made in the context of a rigorous analytical approach that seeks to carefully identify and weigh potential risks and rewards. The firm's investment activities fall into two broad areas: Alternative Investments Strategies focused on the delivery of absolute returns, with low targeted correlation to traditional assets like equities, account for around $21 billion of the firm's investment capital. Our alternative investment program dates to 1989 and consists of both larger, core multi-strategy investment vehicles and more focused, strategy-specific investment products. Benchmark-Relative Investments A suite of long-only and "130/30" equity investment strategies, in either commingled investment vehicles or separately managed accounts, collectively represent approximately $7 billion of the firm's investment capital. These strategies, begun in the year 2000, enable institutional investors to customize their exposure to a particular benchmark index and to choose a targeted level of risk.

Details Hidden

137 Ventures invests in companies located in the US. The firm provides financing for early stage capital requirements.

Suppliers
Amazon.com, Inc. IT Consulting & Services | Seattle, Washington

Amazon.com, Inc. engages in the provision of online retail shopping services. It operates through the following business segments: North America, International, and Amazon Web Services (AWS). The North America segment includes retail sales of consumer products and subscriptions through North America-focused websites such as www.amazon.com and www.amazon.ca. The International segment offers retail sales of consumer products and subscriptions through internationally-focused websites. The Amazon Web Services segment involves in the global sales of compute, storage, database, and AWS service offerings for start-ups, enterprises, government agencies, and academic institutions. The company was founded by Jeffrey P. Bezos in July 1994 and is headquartered in Seattle, WA.

Wework Cos., Inc. Real Estate | New York, New York

WeWork is dedicated to researching, identifying and providing the most relevant and valuable services available to their members. They are proud to present services that will make a difference - and they will continue to do their best to offer more. Every WeWork location is staffed with Community Managers who work directly with members to understand their business needs, struggles and growth plans - and connect them to other members who can help.

Competitors
John Wiley & Sons, Inc. Internet Software & Services - Hoboken, New Jersey

John Wiley & Sons, Inc. engages in the provision of research and learning materials. It operates through the following segments: Research Publishing & Platforms, Academic & Professional Learning and Education Services. The Research Publishing & Platforms segment provides scientific, technical, medical, and scholarly journals, as well as related content and services, to academic, corporate, and government libraries, learned societies, and individual researchers and other professionals. The Academic & Professional Learning segment provides scientific, professional, and education books in print and digital formats, digital courseware, and test preparation services, to libraries, corporations, students, professionals, and researchers, as well as learning, development, and assessment services for businesses and professionals. The Education Services segment consists of online program management services for higher education institutions and mthree training, upskilling and talent placement services for professionals and businesses. The company was founded by Charles Wiley in 1807 and is headquartered in Hoboken, NJ.

Pearson Plc Internet Software & Services - London, United Kingdom

Pearson Plc is an education company, which engages in the business of education, business information, and consumer publishing markets. It operates through the following segments: North America, Core, and Growth. The North America segment includes businesses in the Unites States and Canada. The Core segment referst to businesses in mature markets including the United Kingdom, Australia, and Italy. The Growth segment covers the businesses in emerging markets including Brazil, China, India, and South Africa. The company was founded by Pearson Samuel in 1844 and is headquartered in London, the United Kingdom.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by 2U, Inc.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of 2U, Inc.'s profile does not indicate a business or promotional relationship of any kind between RelSci and 2U, Inc..