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Bloom Institute of Technology
Bloom Institute of Technology is a for-profit coding bootcamp founded by Austen Allred in 2017, with over 4,000 graduates and a tuition refund guarantee.
Bloom Institute of Technology
Get the skills to land a job in the tech industry in BloomTech’s online programs. Learn about our Tuition Refund Guarantee!
General information
Firm type
other
Year founded
2017
Location
Region
North America
Country
United States
City
San Francisco
Corporate office
San Francisco, CA, United States
Additional offices
Mountain View · Cambridge · Burlingame · New York · Manchester
Principals
Austen Allred
Co-founder and CEO
Zoran
COO
John
General Counsel
Sector focus
Frequently asked questions
Who runs investment decisions at Bloom Institute of Technology?
The firm is led by co-founder and CEO Austen Allred, who sets strategy. COO Zoran (ex-Uber and Facebook) oversees operations and partnerships. There is no separate investment committee as BloomTech is an operating company, not an investment vehicle.
How does BloomTech source proprietary deal flow?
BloomTech is a coding bootcamp, not an investment firm; it does not source deals. Its 'proprietary' edge is its AI-integrated curriculum and tuition refund guarantee, which mitigate student risk and attract enrollees.
Is BloomTech structured as a single family office or does it operate more like a venture firm?
Neither. BloomTech is a for-profit education company, registered as a corporation, not a family office or venture firm. It was founded via Y Combinator and operates to generate revenue from tuition.
Does BloomTech participate in fund commitments or only direct deals?
BloomTech does not make fund commitments or direct investments. It is an operating business that offers educational programs in tech skills.
What investment stages does BloomTech typically target?
BloomTech does not target investment stages. It delivers training for entry-level to mid-level tech roles, with programs lasting 6–12 months.
Where does the underlying wealth come from?
BloomTech's wealth is not disclosed; the firm is funded by venture capital and tuition revenue, not by a single family fortune. Its founder Austen Allred's personal funding came from book royalties and Y Combinator.
Does BloomTech maintain philanthropic structures, and how are they separated?
BloomTech does not publicly disclose any philanthropic foundation. Its tuition refund guarantee functions as a social-impact mechanism but is a business policy, not a charitable structure.
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