Nerdy
Closed (deSPAC)Profile in progress
- What it is
- Inc
- What it’s doing now
- Merging with TPG Pace Tech Opportunities Corp. (PACE) — closed (despac).
- What you should know
- Data is still being assembled for this company — what is shown below is everything we have verified so far.
The business, per its filings
SEC primaryInc. Nerdy (NYSE: NRDY) is a leading platform for live online learning, with a mission to transform the way people learn through technology. The Companys purpose-built proprietary platform leverages technology, including AI, to connect learners of all ages to experts, delivering superior value on both sides of the network. Nerdys comprehensive learning destination provides learning experiences across 3,000+ subjects and multiple formatsincluding one-on-one instruction, small group classes, large format group classes, and adaptive self-study. Nerdys flagship business, Varsity Tutors, is one of the nations largest platforms for live online tutoring and classes. Its solutions are available directly to students and consumers, as well as through schools and other institutions. Learn more about Nerdy at https://www.nerdy.com/ . Forward-looking statements The information included herein and in any oral statements made in connection herewith may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, statements regarding our or our management teams expectations, hopes, beliefs, intentions, or strategies regarding the future. Additionally, any statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words anticipates, approximately, believes, contemplates, continues, could, estimates, expects, intends, may, might, outlook, plans, possible, potential, predicts, projects, should, seeks, will, would, and similar ex
What the company says about itself
Web research — not auditedNerdy is a live online learning platform that brings together AI and live instruction through its Varsity Tutors brand. It offers 1-to-1 private tutoring, weekly prep classes, workshops with admissions officers, and various AI-powered tools such as session summaries, adaptive diagnostics, an AI Tutor, and Tutor Copilot across 3,000+ subjects.
- Markets:
- Education | EdTech
- Products:
- Live Learning Platform | Varsity Tutors | AI Tutor | Tutor Copilot | Adaptive diagnostics & practice problems | Session Summaries | Always-on AI Study Agents | AI Practice Hub
[WEB-INTEL 2026-08-26] 9 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "TPG Pace Tech Opportunities raised $450 million through an initial public offering along with $150 million of forward purchase agreements" [https://www.businesswire.com/news/home/20210129005283/en/Nerdy-to-Become-Public-Company-via-Business-Combination-with-TPG-Pace-Tech-Opportunities] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Deal Announced Jan 29, 2021 Deal Size, $M $1,702.00M" [https://www.spacresearch.com/symbol/PACE.U] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Vote Sep 14, 2021. Closing Date Sep 20, 2021." [https://www.spacresearch.com/symbol/PACE.U] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Business Combination Expected to Close on September 20, 2021 … to Begin Trading on NYSE under the ticker "NRDY" on September 21, 2021" [https://s206.q4cdn.com/118732467/files/doc_news/2021/09/1/TPG-Pace-Tech-Opportunities-Corp-Expected-to-Close-Combination-with-Nerdy-on-September-20-2021-and-Generate-Proceeds-of-More-than-57-R07I9.pdf] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Nerdy went public in April 2021 via a SPAC merger with TPG Pace Tech Opportunities, raising approximately $705 million in gross proceeds" [https://altss.com/profile/nerdy] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Nerdy has raised $1.4B across disclosed rounds through IPO. $107M raised" [https://startupfundraising.com/how-much-has-a-company-raised/nerdy] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Pace Tech Opportunities Corp $450m Valuation: $1.7b." [https://app.dealroom.co/companies/nerdy_1] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Since May 2022, the CEO has invested more than $30 million of his own money to buy shares of the firm." [https://www.bizjournals.com/stlouis/news/2023/01/18/nerdy-ownership-stake.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Nerdy Announces CEO Chuck Cohn Purchased $4.4 million or 3.5 million Shares of Nerdy Common Stock During the Fourth Quarter. Since Becoming a Public Company, Mr. Cohn has Purchased $81.0 million or 51.4 million Shares of Nerdy Common Stock." [https://tracxn.com/d/companies/nerdy/__x1HkgfVd6z1Qj5yjsCz4uKP9IZg_AOhD_bsMm6F0I6k]
Source: https://nerdy.com/ · captured Aug 26, 2026 · marketing claims are reported as claims, never merged into the filed figures above.
The deal it’s entering
Nerdy is merging with TPG Pace Tech Opportunities Corp. (PACE) currently marked Closed (deSPAC).
| Headline equity value | — |
| PIPE | ≈ $150M · unsourced |
Structure per SEC accession(s) 0001193125-21-086885. How to read these numbers: headline vs effective valuation · what a definitive agreement commits
What exactly is being valued, and at what
Common questions
Is Nerdy going public?
Nerdy has an approved merger with the SPAC TPG Pace Tech Opportunities Corp. (PACE). Deal status: Closed (deSPAC).
Does Nerdy have revenue?
The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.
Educational content, not investment advice.