Flatiron School Explained

Flatiron School
Founder:Adam Enbar, Avi Flombaum
Location City:New York City
Location Country:US
Area Served:Worldwide
Num Employees:151–200
Owner:Carrick Capital Partners
Language:English
Current Status:Active

Flatiron School is an educational organization founded in 2012 by Adam Enbar and Avi Flombaum. The organization is based in New York City and teaches software engineering, computer programming, data science, product design, and cybersecurity engineering. In 2017, the company was sued for making false statements about the earning potential of its graduates. It was acquired by WeWork in 2017 and sold to Carrick Capital Partners in 2020.[1]

History

Flatiron School was founded in 2012 by Adam Enbar and Avi Flombaum.

In 2017, the New York State Attorney General sued Flatiron School for operating without a license and making false statements about the earning potential of its graduates. The two parties reached a $375,000 settlement. Flatiron School claimed a 98.5% employment rate but this included apprentices and freelance workers, while the claimed average salary of $74,447 only included graduates in full-time employment.[2]

In 2018, Yale University announced a collaboration with the Flatiron School during Yale's "Summer Session" — together, the institutions offered a Web Development Bootcamp for Summer 2019, which offered two Yale College credits for students.

The organization has made efforts to promote parity in tech, working with other companies to sponsor course scholarships for women,[3] [4] LGBTQ+ people,[5] and members of underserved communities.[6]

Takeovers and acquisitions

Flatiron School was acquired by WeWork, a collaborative workspace company, in October 2017. Following the acquisition, they launched Access Labs, a joint effort to make tech education accessible to low-income earners in New York.[7] In August 2018, Flatiron School acquired Designation, a Chicago-based UX/UI design school,[8] and expanded design courses elsewhere in December 2018.[9]

Since being acquired by WeWork,[10] the company has expanded, opening campuses in Atlanta,[11] Austin,[12] Chicago,[13] Dallas,[14] Denver,[15] Houston,[16] London,[17] San Francisco,[18] Seattle,[19] and Washington, D.C.[20]

In 2020, WeWork sold Flatiron School to Carrick Capital Partners.[21]

Notes and References

  1. Web site: WeWork sells Flatiron School to Carrick Capital Partners . Crook . Jordan . June 30, 2020 . TechCrunch . July 29, 2020.
  2. Web site: Flatiron coding school to pay $375G for operating without a license, making false claims about its graduates. Chapman. Ben. nydailynews.com. 2019-03-21.
  3. Web site: Flatiron School and SeatGeek are partnering to offer women in tech $200K in scholarships funds. reporter. Michelai Graham /. March 12, 2019. Technical.ly DC. en. 2019-03-21.
  4. Web site: The Citi Blog – Citi Collaborates with Flatiron School to Connect Women with up to $1 Million in Total Scholarships. Citi Blog. en. 2019-03-21.
  5. Web site: Coding Scholarship. Out in Tech. en-US. 2019-03-21.
  6. Web site: New Tech Initiative Is Giving $1 Million In Funding Towards Disadvantaged Engineering Students. February 5, 2019. Black Enterprise. en-US. 2019-03-21.
  7. Web site: WeWork to launch Access Labs, a Flatiron School for low-income New Yorkers. Tyler. Woods. February 22, 2018. Technical.ly Brooklyn. en. 2019-03-21.
  8. Web site: WeWork's Flatiron School Acquires Designation. Cheddar. en. 2019-03-21.
  9. Web site: Announcing Flatiron School's UX/UI Design Immersive for NYC. Charles. Poladian. Switch. en-us. 2019-03-21.
  10. Web site: WeWork acquires Flatiron School. TechCrunch. October 23, 2017 . en-US. 2019-03-21.
  11. Web site: New coding boot camp in Atlanta is committed to diversifying tech. WXIA. 2019-06-19.
  12. Web site: Want to get in on Austin's booming tech scene? Here's how.. CultureMap Austin. en. 2019-06-19.
  13. Web site: WeWork's Flatiron School Is Opening Its 1st Coding Bootcamp in Chicago.
  14. Web site: WeWork's coding college Flatiron School headed to Dallas' Victory Park. January 29, 2019. Dallas News. en. 2019-03-21.
  15. Web site: WeWork-backed bootcamp coding school opening in Denver. www.bizjournals.com. 2019-03-21.
  16. Web site: NY coding school kicks off Houston expansion as Facebook aims to train 1M workers. www.bizjournals.com. 2019-03-21.
  17. News: WeWork expands its Flatiron School education business to London with £1M in scholarships. TechCrunch. March 13, 2018 . en-US. 2019-03-21. Lunden . Ingrid .
  18. Web site: 10 Must Reads for the CRE Industry Today (June 7, 2019). June 7, 2019. National Real Estate Investor. 2019-06-19.
  19. Web site: WeWork-owned coding bootcamp Flatiron School expands to west coast with new Seattle location. September 17, 2018. GeekWire. en-US. 2019-03-21.
  20. Web site: The Flatiron School's DC location will be at WeWork White House. Stephen. Babcock. January 12, 2018. Technical.ly DC. en. 2019-03-21.
  21. Web site: WeWork Sells Flatiron School . Lindsay McKenzie . insidehighered.com . July 2, 2020 . November 6, 2020 .

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