Education startup Kenzie Academy, one of the several new ventures that provide financing for students in exchange for a proportion of future earnings after they graduate, has raised $100 million in debt financing.
Kenzie Academy, an Indianapolis-based college alternative providing job-focused technology training to middle America, today announced $7.8 million in Series A funding, led by ReThink Education. Other investors include Revolution’s Rise of the Rest Seed Fund, Strada, LearnStart, Peak State Ventures, Flat World Partners, and Kelly Services, through the Kelly Innovation Fund.
The Indy Star: Some workers are indifferent about Indianapolis. Here’s how companies are changing that.
At the Indy Chamber’s spring State of the Region address at the Indianapolis Museum of Art at Newfields, Chamber President and CEO Michael Huber said Central Indiana's bid to lure Amazon’s second headquarters reaffirmed what many employers suspected: how indifferent people outside Indianapolis feel about the city.
Kenzie Academy and Colorado State University-Global Partner to Provide Students with Pathway to a Degree
INDIANAPOLIS May 9, 2019 - Kenzie Academy, a career college for the new economy focused on technical education and workplace skills in the American Heartland, today announced a new partnership with Colorado State University-Global (CSU-Global), the first and only 100% online, independently accredited public university in the United States. The offering, which was designed for high school students currently considering their postsecondary options and individuals looking to earn or finish a college degree, creates an industry-aligned and affordable pathway to obtain the skills and degree needed to launch a successful career.
INDIANAPOLIS, May 1, 2019 – Kenzie Academy, a cutting-edge tech and coding school that is training a new pool of Hoosier talent with the necessary skills needed to launch a rewarding career in technology, today launched Kenzie Free, a tuition-free series of virtual mini-courses in computer programming.
John Bailey is joining the advisory board of Kenzie Academy, an Indianapolis-based design and coding school. Bailey is an adviser to the Walton Family Foundation and a visiting fellow at the American Enterprise Institute. He’s also worked in the White House and the Education Department.
INDIANAPOLIS - Indianapolis-based Kenzie Academy has added former White House and cabinet official John Bailey to its advisory board. Bailey is a former domestic policy advisor in the White House and also previously served as the deputy policy director to the U.S. Secretary of Commerce.
INDIANAPOLIS, March 28, 2019 – Kenzie Academy, a cutting-edge apprenticeship program that trains a new pool of talent in the American Heartland with the necessary technical and workplace skills to launch a rewarding career in technology, today announced the appointment of John Bailey to its Advisory Board.
INDIANAPOLIS - Indianapolis-based Kenzie Academy has announced the first members its board of trustees. The coding school has appointed Travelocity.com and Kayak.com founder Terry Jones and Indianapolis philanthropist Kathy Hubbard as the first members of the board.
Kenzie Academy announces Travelocity® founder Terry Jones and Indianapolis philanthropist Kathy Hubbard will join inaugural Board of Trustees
INDIANAPOLIS, February 21, 2019 - Today Kenzie Academy, a cutting-edge tech apprenticeship and coding school that focuses on accelerated, project-based learning, announced its inaugural Board of Trustees and appointed Terry Jones and Kathy Hubbard. The appointments of Jones, an author, venture capitalist and innovator, and Hubbard, an Indianapolis philanthropist, policy advocate and business leader, further build on the reach and prestige of the tech school as it sees tremendous growth and increased interest in student enrollment.
Kenzie Academy announces $300,000 in scholarships for Jobs for America’s Graduates (JAG) Indiana students and alumni
INDIANAPOLIS, February 7, 2019 — Kenzie Academy, a cutting-edge tech apprenticeship and coding school that focuses on accelerated, project-based learning, today announced it would partner with Jobs for America’s Graduates (JAG) Indiana to grant $300,000 in scholarships to the program’s current high school seniors and recent alumni statewide.
INDIANAPOLIS, January 18, 2019 -- Last month, hundreds of schools and thousands of K-12 students across Indiana participated in the annual “Hour of Code.” They joined an estimated 100 million of their peers around the globe in giving programming a try for at least one hour.
Kenzie Academy students to be preferred candidates for employment at Hypothesis Ventures’ portfolio of startups based outside of Silicon Valley.
INDIANAPOLIS, January 8, 2019 -- This week Kenzie Academy and Hypothesis Ventures launched a partnership to elevate Kenzie graduates as candidates for open roles at startup organizations within the venture capital firm’s portfolio of companies. Hypothesis works with mission-driven startups based outside of Silicon Valley--- specifically in emerging markets like Indianapolis.
INDIANAPOLIS, January 3, 2019 -- One state lawmaker hopes to give Indiana's youth another option after high school graduation. Lea Ellingwood used to be an attorney. Now, she's learning computer coding at Kenzie Academy. "Not a stitch of coding before this," Ellingwood said with a smile. "It was all brand-new." She said she thinks the stuff she is learning for a new career could also help new high school grads.
Admitted high school seniors can earn significant scholarships toward their tuition.
INDIANAPOLIS, Dec. 18, 2018 -- This week, Kenzie Academy announced four scholarship opportunities for graduating high school seniors looking for an accelerated path to a career in Tech, including software engineering, UX engineering and digital marketing. To be eligible for these scholarships, applicants must be admitted to Kenzie and complete the requirements of each scholarship. Awarded scholarships will be granted on a rolling basis and can only be applied to tuition for the April, July or October 2019 cohorts.
Kelly Services® and Kenzie Academy Transform the Future of Work with the Launch of “Earn and Learn” Model
Partnership tears down the wall between work and education, attracting and developing talent for the new economy.
INDIANAPOLIS, Nov 27, 2018 -- Kenzie Academy and Kelly Services launched a partnership to tackle the education demands of the nation’s workforce with a new “Earn and Learn” model. On the heels of Kelly’s recent investment in Kenzie, this alliance directly addresses one of the biggest barriers blocking many learners from returning to school: earning a paycheck while enrolled.
With millions more jobs requiring at least some postsecondary education but student loan debt totaling more than $1.5 trillion, students, parents, and employers are all eager for alternatives to college. Kenzie co-founder Chok Ooi, 38, believes that apprenticeships will help him turn an expensive, four-year, tech-focused degree into an affordable vocational program — and produce workers for Indianapolis’s burgeoning tech scene.
The evolving nature of work requires that we also evolve our system of training individuals for the jobs of today and tomorrow, and rethink the way we provide financial support. Income Share Agreements are a compelling financial innovation offering a solution for the students these new models serve. In September, I had the opportunity to visit Kenzie Academy, which takes this approach one step further. Co-founder and CEO Chok Ooi previously served as CEO of AgilityIO, a technology consulting company. Convinced that technology apprenticeships could work not only in Silicon Valley and New York but also in the heartland, he launched Kenzie in Indianapolis with an initial offering of courses in coding and computer science. But he coupled those courses with on-the-job learning through paid apprenticeships, closing the gap between school and employment.
When Harrison College closed its doors last Friday, September 14th with very little warning, more than 1,300 students were displaced at the school’s nine campuses across Indiana, with three campuses in downtown Indianapolis alone. Kenzie Academy, an education and apprenticeship program with its first campus in Indianapolis, is offering to come to the rescue.
This week, Kenzie announced it has raised a $4.2 million seed round led by ReThink Education, with participation from LearnStart, Gratitude Railroad, Kelly Services’ Innovation Fund, and Butler University. Matt Greenfield, managing partner at ReThink Education, will also join the Kenzie Academy board.
Indianapolis-based tech apprenticeship academy Kenzie Academy announced today that it has raised $4.2 million in seed funding. The funding was led by existing investor, edtech VC firm ReThink Ventures. Butler University, also located in Indianapolis, joined the round.
Tech Training and Apprenticeship Startup Kenzie Academy Raises $4.2M
Kenzie Academy, a tech training and apprenticeship program, wants to usher in a new era of skills training programs—and has raised a $4.2 million seed round to attempt to so. Kenzie has also teamed up with Butler University, which is an investor in Kenzie. As part of the partnership, students who complete Kenzie Academy’s front-end web development, full-stack web development, and software engineering programs will receive a joint certificate from Kenzie Academy and Butler Executive Education.
Kenzie Academy scores $4.2 million, plans to expand school
Tech apprenticeship and coding school Kenzie Academy on Wednesday announced it has secured $4.2 million in seed funding—money it plans to use to expand its tech-focused educational offerings and grow its enrollment dramatically. Kenzie Academy’s college-alternative model combines one year of immersive learning with one year of paid work in Kenzie Studio, the company’s tech-consulting subsidiary. Since its opening here, Kenzie has offered training in software engineering, but this fall also will begin offering “intensive” course work in digital marketing and user experience—UX—design.
Butler University and Kenzie Academy announces partnership to offer joint-certificates for Kenzie students in the software development programs.
Kenzie Academy partners with Nextech’s Catapult program to offer summer design thinking and software development training to students from various Indianapolis high schools, developing future tech workers for the State of Indiana.
Indianapolis-based Kenzie Academy is working with Purdue Polytechnic High School on high-tech skills training.Purdue Polytechnic Head of School Scott Bess discussed working with Kenzie Institute on a summer coding initiative. He says their philosophies line up well. "(When) Kenzie announced that they were coming to town and with the philosophy they had on real-world problems, starting with the projects, but also the idea that it was all competency-based and not necessarily just a prescribed classroom basis, we knew these were people we wanted to partner with," Bess said.
A new college alternative in Indiana aims to bring tech education and fill jobs in the Midwest.
Kenzie Academy is housed in a downtown coworking space, and offers courses on software development, design and marketing.
The school’s founder, Chok Ooi, says the school works to train students in practical skills and match them with employers.