- Santa Clara, CA
- Chegg is an online textbook rental company offering services to universities and community colleges in the U.S.
- Josh Carlson, Aayush Phumbhra, Osman Rashid
- Consumers, Online Rental, Textbooks, Education
Chegg, an online textbook rental company, was inspired by Osman Rashid and Aayush Phumbhra's frustration with the policies and procedures of their own university's bookstore. Osman and Aayush knew there had to be a better solution, one that worked for students, professors and publishers alike.
Chegg was launched at Iowa State University in 2005 as a hyper-local classifieds directory. In fall 2007, Chegg introduced their revolutionary textbook rental service. Chegg now offers its services to more than 6,400 universities and community colleges across the country.
Current Team (20)Update
Vice President, Financial Planning & Analysis
Apr 1, 2014
Senior Vice President, General Counsel
Marketing Solutions Director
Senior Vice President of Distribution
Chief Business Officer
Past Team (24)Update
2010 - Jan, 2013
VP of Engineering
Dec, 2010 - Dec, 2011
2009 - Jan, 2011
Vice President, Corporate Controller
Jul 11, 2011 - Apr 1, 2014
Jun, 2011 - Feb, 2013
Director of Marketing- Founding Team
Nov, 2010 - Apr, 2011
Funding Rounds (10) - $252.3MUpdate
$2.4M / Undisclosed
$25M / Series F
Mar 9, 2012Investors:
$6M / Undisclosed
Jul 17, 2011Investors:
$75M / Series E
Sep 27, 2010Investors:
$30M / Debt Financing
Nov 19, 2009Investors:
$25M / Debt Financing
Nov 19, 2009Investors:
$57M / Series D
Nov 19, 2009
$25M / Series C
Dec 17, 2008Investors:
$4.7M / Series B
Jun 15, 2008Investors:
$2.2M / Series A
Jan 1, 2007Investors:
Board Members and Advisors (3)Update
Venture Capital Firm
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