We started Bloom Institute of Technology because we believe that the “traditional” model of higher education is broken. Every year, people as young as 17 years old take on tens of thousands of dollars in student debt and pray that the education they’re investing in will land them on a job on the other side.
Unfortunately, traditional colleges and universities have no incentive to ensure their graduates get hired – they get paid regardless.
At BloomTech, we believe there is a better way to approach education.
Instead of asking our students to bet on us, we bet on them first. This paradigm-shifting model allows us to align the incentives of the school with the incentives of our students – and we all win when our graduates succeed.
We’re in this together.
Unfortunately, traditional colleges and universities have no incentive to ensure their graduates get hired – they get paid regardless.
At BloomTech, we believe there is a better way to approach education.
Instead of asking our students to bet on us, we bet on them first. This paradigm-shifting model allows us to align the incentives of the school with the incentives of our students – and we all win when our graduates succeed.
We’re in this together.
Location: United States, California, San Francisco
Employees: 51-200
Founded date: 1985
Investors 4
| Date | Name | Website |
| 17.11.2021 | Y Combinat... | ycombinato... |
| - | K3 Diversi... | k3diversit... |
| 29.10.2022 | GGV Capita... | ggvc.com |
| 17.11.2021 | GV | gv.com |
Mentions in press and media 13
| Date | Title | Description |
| 17.02.2026 | Next-Generation Global AI Integration Platform, Project DI, Launches | Share Share Share Share Email At the signing ceremony of the joint MOU for the development of Project DI, held in Casablanca, Morocco this January, key participants pose for a commemorative photo. (From left to right) Kwon Hyuk-il, Co-found... |
| 03.12.2024 | AltSchool expands to Europe as it nears profitability | AltSchool Africa, the Nigerian edtech startup that trains Africans with in-demand tech skills, is expanding to Europe as it seeks to diversify its revenue streams and accelerate growth. The edtech startup will launch its first operations in... |
| 17.10.2024 | Kick Raises $9M in Funding | Kick, a Palo Alto, CA-based startup that creates accounting and bookkeeping AI agents, raised $9M in funding. The round was led by General Catalyst and OpenAI Startup Fund, with support from Lachy Groom (Ex-Stripe), Michael Vaughn (Ex-Venmo... |
| 18.09.2024 | Компьютерное зрение и котики. Или алгоритмы против человека | Разберём основы компьютерного зрения на примерах с котиками, узнаем, почему CV на самом деле совсем не про зрение и научимся делать свёртку. Привет, Хабр! Пётр Емельянов — CEO в Bloomtech, R&D Director в UBIC Tech, специалист по информа... |
| 17.03.2023 | Students of BloomTech, formerly known as Lambda School, filed a class action lawsuit against the coding bootcamp | Austen Allred, CEO and co-founder of Bloom Institute of Technology, formerly known as Lambda School Lambda School Redeem now Students of the Bloom Institute of Technology have filed a class action lawsuit against the school. They say the co... |
| 17.03.2023 | Students of BloomTech, formerly known as Lambda School, filed a class-action lawsuit against the coding boot camp | Students of the Bloom Institute of Technology have filed a class-action lawsuit against the school. They say the coding boot camp, formerly known as Lambda School, advertised false job-placement rates. Advertisement Four students at the cod... |
| 01.12.2022 | BloomTech, previously Lambda School, cuts half of staff | A little over a year after buzzy coding bootcamp Lambda School rebranded as Bloom Institute of Technology, the venture-backed startup is conducting massive layoffs, according to sources. The workforce reduction, per people familiar with the... |
| 06.12.2021 | What is Rolling Funds: talking about a novelty in venture investing | What is Rolling Funds: talking about a novelty in venture investing |
| 06.12.2021 | Что такое Rolling Funds: рассказываем о новинке венчурного инвестирования | Что такое Rolling Funds: рассказываем о новинке венчурного инвестирования |
| 16.11.2021 | Lambda School shakes off its brand with new name | Lambda School, a buzzy coding bootcamp that has landed over $122 million in known venture capital to date, is rebranding to Bloom Institute of Technology, according to a blog post from CEO Austen Allred. The company is also updating its tui... |
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