Bloom Institute of Technology

Bloom Institute of Technology

Bloom Institute of Technology provides practical skills training aligned with employer needs, along with comprehensive job search support.

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Total Funding000k

Financials

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USD20212022
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% growth-8 %
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Source: Dealroom estimates

More about Bloom Institute of Technology
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BloomTech, formerly known as Lambda School, is an innovative online education platform focused on equipping students with the skills necessary to land jobs in the tech industry. The company offers a variety of programs in web development, data science, and software engineering. BloomTech's unique selling proposition is its Tuition Refund Guarantee, which ensures that students who do not secure a job post-graduation will have their entire tuition refunded, including all fees and interest from approved lenders. Additionally, BloomTech offers a 10% tuition refund directly to the student.

BloomTech primarily serves individuals looking to break into the tech industry, including career changers, recent graduates, and those seeking to upskill. The company operates in the online education market, which has seen significant growth due to the increasing demand for tech skills and remote learning options.

The business model of BloomTech is centered around providing high-quality, hands-on coding education with personalized feedback. Students engage in real-world coding projects, receive daily support from peers, staff, and instructors, and practice professional skills that are crucial for employment. The company collaborates with employers to understand their needs and tailors its curriculum accordingly, ensuring that graduates are job-ready.

BloomTech generates revenue through tuition fees. However, its Tuition Refund Guarantee and 10% tuition refund offer provide a safety net for students, making the financial commitment less risky. This model aligns the company's success with the success of its students, fostering a mutually beneficial relationship.

In summary, BloomTech is a forward-thinking online education provider that focuses on delivering job-ready tech skills through a risk-free financial model. The company's commitment to student success and its alignment with industry needs make it a compelling choice for aspiring tech professionals.

Keywords: online education, tech skills, coding, web development, data science, software engineering, job-ready, tuition refund, career support, hands-on projects.

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Investments by Bloom Institute of Technology

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