# Chegg

Chegg is an Asset Manager based in Santa Clara, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Santa Clara, United States
- **Region:** North America
- **Address:** Santa Clara, CA, United States
- **Founded:** 2005
- **Assets under management:** Undisclosed
- **Website:** chegg.com
- **LinkedIn:** https://www.linkedin.com/company/chegg

## Regulatory record

- **Reports private funds:** No

## About

Chegg is a Santa Clara-based company founded in 2007. It provides academic resources, including required and non-required materials. Chegg has secured $197.3 million in total funding.

## Sectors

- Education

## People

- Dan Rosensweig — Chairman, CEO & President

## Questions

### Who runs Chegg?

Dan Rosensweig has served as Chairman, CEO, and President since 2010. Before Chegg, he was Chief Operating Officer at Yahoo and held leadership roles at ZDNet and CNET Networks. He is the primary operator shaping the company's pivot from physical textbook rentals into a digital subscription platform.

### What does Chegg's competitive moat look like?

Chegg's structural advantage comes from its publisher relationships. It contracts with Pearson, McGraw-Hill, and Cengage to rent their textbooks at scale, which feeds a captive student audience into its digital subscription products. No competitor replicates this combination of physical textbook logistics and a proprietary digital answer ecosystem — though free AI tools have eroded the paid-subscription value proposition.

### Is Chegg still a public company?

No. In February 2025, Chegg announced a definitive agreement to be acquired by a private equity consortium for $7.50 per share in cash, taking the company private. The transaction was expected to close in mid-2025, subject to shareholder and regulatory approvals.

### What acquisitions have shaped Chegg's platform?

Chegg has used acquisitions to layer capabilities onto its textbook-rental base. Notable deals include Imagine Easy Solutions (citation tools, 2016), WriteLab (AI writing feedback, 2018), Mathway (on-demand math solver, 2020), and Busuu (language learning, 2021). The company also acquired online coding bootcamp Thinkful in 2019.

### Does Chegg face any regulatory or academic-integrity risks?

Yes. Chegg's homework-help model has drawn scrutiny from universities and professors who argue it enables cheating. In 2021, the company cooperated with academic-integrity investigations at several universities, providing user data after reports of exam misuse. This ongoing tension with academic institutions creates operational and reputational risk distinct from typical edtech competition.

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Last updated: 2026-06-03T20:00:00.000Z

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