What Microverse does

Microverse is a private, distributed education company that operates an online school for aspiring remote software developers, primarily recruiting from Africa and Latin America where access to quality technical training and global job markets is limited. Its core product is the Full-Stack Web Development Program, which delivers a JavaScript, React, and Ruby on Rails curriculum through a collaborative peer-to-peer model in which students from 100+ countries learn together in simulated distributed-team environments. The company monetizes through an Income Share Agreement (ISA) under which students pay nothing upfront and instead remit a share of their income once employed; reported average graduate salary uplift is 3x, with individual cases of 5.6x. Microverse has trained 3,000+ students, placed graduates at 500+ companies including Microsoft, HSBC, IBM, Deloitte, and Globant, and reports nearly one million prospective students on its interest list.

The product portfolio expanded in 2023 with the launch of Leap, an English-language speaking practice platform targeted at software developers seeking to improve fluency for international tech careers. Both products are designed to address the combined technical and language barriers to landing remote global engineering roles. The company is venture-backed with $16.5 million raised across a 2021 Series A led by Northzone, a 2022 Series A extension, and earlier support from Y Combinator, General Catalyst, and others. The team is fully distributed across Argentina, Serbia, Spain, Uruguay, Costa Rica, Canada, and additional geographies, with founder Ariel Camus (previously founder of Tourist Eye, acquired by Lonely Planet) as CEO.

The business model is unusual in that revenue is deferred and contingent on graduate employment outcomes, which creates a long cash-conversion cycle and aligns the company's incentives with placement success. The Full-Stack Program was paused for new enrollments in June 2023 while the company invests in improvements and new program offerings. The 101-250 employee base supports a global recruitment and employer-matching function, and the company sells talent access to enterprises through a dedicated employer portal.

Name

Microverse

Legal name

Microverse Inc.

Website

https://microverse.org

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

101–250 employees

Short description

Microverse is a distributed online school that trains aspiring software developers from developing countries in full-stack web development through peer-to-peer learning, funded via Income Share Agreements, and has expanded with Leap, an English-language product for developers.

Ownership category

akta.pro rank

Product category

Online Coding Bootcamp / Technical Education

NAICS

Computer Training (611420), Business Schools and Computer and Management Training (6114)

SIC

Services-Computer Programming Services (7371)

akta.pro primary industry

Skills & Microlearning Marketplaces (Bite-Sized Lessons) (EDAFAIAK)

akta.pro secondary industries

Microlearning Content Libraries (Bite-Sized Lessons) (EDAFACAI), Microlearning & Short-Form Lesson Platforms (MPACALAE)

Keywords

• Online coding bootcamp
• Full-stack web development
• Remote developer training
• Income share agreement
• Online technical education

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Others

Revenue model

1. Income Share Agreement (ISA) - Full-Stack Web Development Program: Students pay nothing upfront for the full-stack web development program. Payment is deferred until the student secures employment, at which point they pay a percentage of their income. This model means Microverse only earns revenue when students successfully transition to software development careers.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Microverse delivers an online Full-Stack Web Development Program that trains individuals from developing countries to become remote software engineers through a collaborative, peer-to-peer learning model; students pay nothing upfront under an Income Share Agreement (ISA) and Microverse earns revenue only after graduates secure employment. Complementing the program, Microverse offers Leap, an English speaking-practice platform that pairs software developers for 1-on-1 sessions with personalized feedback to build fluency for global tech careers.

Product overview

Microverse is an online school for remote software developers offering a portfolio of education products. Its primary offering is the Full-Stack Web Development Program, a collaborative peer-to-peer learning platform that trains students to become remote full-stack engineers and connects them with global job opportunities. In 2023, Microverse expanded its portfolio by launching Leap, an English language school designed specifically for software developers to practice spoken English with peers. Both products are designed to work together, addressing both technical skills and English communication — the two key barriers to landing international remote tech jobs. The Full-Stack Web Development Program is currently paused for improvements as of June 2023, with new enrollments closed and a waitlist available.

Differentiator

Problem solved

Functional benefit

Brands

• Leap: An English school for software developers where users can practice speaking English with people who share their goals and interests and receive personalized feedback to sound natural and fluent.

Products and services

• Full-Stack Web Development Program Online program that trains students to become remote full-stack software engineers through collaborative, peer-to-peer learning covering JavaScript, React, Ruby on Rails, HTML/CSS, and SQL, with students paying nothing upfront under an Income Share Agreement.
• Leap English School An English language learning product for software developers where users practice speaking English in 1-on-1 sessions with peers who share similar goals and interests and receive personalized feedback to sound natural and fluent for international tech careers.

Quantifiable outcome

• Average 3x salary increase for graduates
• +4 more outcomes

Named customers11 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• BloomTech (formerly Lambda School): BloomTech is the most direct peer to Microverse—both offer outcome-based/ISA-funded technology training with deferred tuition. It is highly comparable in revenue model, target learner, and core offering of full-stack web development.
• Le Wagon: Le Wagon is a leading global coding bootcamp operating in 40+ cities, teaching full-stack web development (Ruby/Rails, JavaScript). It directly competes for the same aspiring developer customer and has stronger geographic scale than Microverse.
• Springboard: Springboard offers online career-focused tech education with mentor-led programs and job guarantees/ISA-like deferred tuition. It directly competes in the online bootcamp category with similar income-share and job-placement positioning.
• App Academy: App Academy was a peer coding bootcamp with an ISA model; it closed in 2023, making it a historical direct peer in the deferred-tuition bootcamp category competing for the same developer-training customer.

Broad incumbents

• General Assembly: General Assembly is a large, established bootcamp and workforce reskilling provider (now part of Adecco) offering web development, data, and digital skills. It serves a similar learner segment but at much larger scale and broader scope.
• Flatiron School: Flatiron School is a long-established coding bootcamp (originally YC-backed, now part of WeWork) offering full-stack and software engineering programs. It is a broad incumbent in the same bootcamp category as Microverse.
• Codecademy: Codecademy is a major consumer-facing online learning platform for programming (now part of Skillsoft). It overlaps with Microverse's self-serve coding education audience, particularly at the entry/beginner tier.

Emerging players

• Andela: Andela trains and connects African and other emerging-market software engineers to global companies. It overlaps with Microverse's employer-facing talent pipeline and target talent geography but operates more as a talent marketplace than a bootcamp.
• Turing: Turing is a remote developer matching platform that connects vetted engineers from emerging markets to US companies. It overlaps with Microverse's placement outcomes but focuses on hiring rather than initial training.
• Scrimba: Scrimba offers cohort-based and self-paced web development courses with an interactive video platform and AI-assisted learning. It targets a similar entry-level developer learner but with a tech-platform approach rather than ISA-funded human coaching.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/microverseinc
• YouTubeyoutube.com/channel/UCTT9xjge80Ei_Gss9LSHNZw
• Facebookfacebook.com/microverseinc
• Instagraminstagram.com/microverseinc

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds4 records

Investors12 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Microverse