Austen Allred, Founder of Lambda School

About Austen Allred

Austen Allred is the co-founder and CEO of Lambda School (now Bloom Institute of Technology, also known as BloomTech), a remote coding bootcamp that uses Income Share Agreements so students pay only after securing a job paying $50,000/year or more. He founded the company to address the disconnect between labor market needs for specialized tech talent and the inaccessibility of traditional training programs. As of recent reports, he also serves as co-founder and CEO of Gauntlet AI, an AI training school.

Austen Allred at a glance

• Company: Lambda School
• Total raised: $129M
• Latest round: Series C
• Investors: Bedrock, GGV, GV, Stripe, Ashton Kutcher, Gigafund
• Location: San Francisco, CA

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