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A Brief With Ben Nelson Co -Founder & CTO Lambda Lambda School is disrupting the way in which people learn and pay for their education. Students looking to start careers into the software industry attend a nine month, full- time course taught through live, online classes. Rather than pay for the course upfront, students pay a capped percentage of their salary from the next software -related job they land. "We wanted to create an environment where if you are competent, disciplined and committed, you could succeed regardless of your financial background," explained Ben. The company is headquartered in Pleasanton and has over 1,000 currently active students on its platform. 27 The company was a graduate out of Y Combinator in 2017, and has since raised over $40 million from formidable investors including Google Ventures, Stripe and Bedrock. Unlike other 'coding bootcamps' that are saturating the market, Lambda School's success is aligned with the students'. "The single most important metric for us is not the grade nor the graduation, it's making sure [the student] gets a job. Our model makes us super aligned. The last month of our course is actually a structured job search and we keep helping them even after the program until they get one." Lambda School will be expanding its platform to support 3,000 concurrent students over the next few months. The end goal is to modernize traditional education. "We think we can perfect the online delivery of education. Once we can do that, we can start Looking at other topics outside of just IT." Quick Facts Program Length: g months Students: 1,000+ Funding: Over $40M HQ: Pleasanton Lambda School Capital History Aug. 2017 $120k Incubator Oct. 2017 $4M Seed Oct. 2018 $14M Series A Dec. 2018 $30M Series B