The company, originally named CodeFight, was founded in 2014 as a competitive coding platform but rebranded to CodeSignal in 2018 with a focus on technical assessment. The new platform aligns with the company's mission to discover and develop skilled workers. Despite competition from companies like LinkedIn, Pluralsight, Coursera, and Udemy, CodeSignal believes its practice-first approach and the Cosmo AI bot give it an edge. The company, which raised $50 million in a series C round in 2021, is also launching CodeSignal for teams and beta testing enterprise products.
Key takeaways:
- CodeSignal, a technical assessment company, is launching a learning platform called CodeSignal Learn, which includes an AI-powered bot named Cosmo to assist users in learning.
- The platform offers hundreds of courses in technical subjects, and plans to expand into non-technical areas in the future. It operates on a gamified system, with free users having limited 'energy' to ask questions or request evaluations.
- CodeSignal was originally a competitive coding platform, but has shifted focus to technical assessment and skill development. The new learning platform is part of this focus, aiming to close the skill gap for workers and potential hires.
- Despite competition from companies like LinkedIn and Pluralsight, CodeSignal believes it has an edge due to its practice-first approach and the assistance of the Cosmo AI bot. The company expects the learning product to make up 50% of its revenue in two years.