Tech Elevator

4.7★★★★★(41 reviews)

7100 Euclid Avenue

Cleveland, Ohio, United States

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Business facts

Estimated annual revenue~$10.8M
Estimated employees~61
Annual payroll (2020)~$3.9M
In business since2015
Based on reported payroll data

Area statistics (44103)

Population14,512
Median household income$24,402
Source: US Census ACS

About

Tech Elevator is an intensive educational provider offering 14-week, full-time and in-person coding bootcamps to help individuals and companies acquire in-demand technology skills for the modern workforce. Founded in 2015, Tech Elevator focuses on quality and care in everything they do, with outcomes that have earned them a leading national bootcamp position based on job placement rates. Their Pathway Program™ helps students build necessary career readiness skills and connections to land meaningful jobs, making them a leading full stack coding bootcamp and career prep program.

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Credit Cards
Discover, PayPal
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Price
$$
Wheelchair Accessible
Yes
Categories: Educational Institution, Computer training.
ISIC Codes: 8521, 8549.

Market analysis

Earning above its category median in a growing category (Educational Institution).

EstimateCategory trend: 2024, +6.9%

Revenue trend (modeled)

~$6.2M2019
~$6.0M2020
~$7.8M2021
~$11.1M2022
~$11.9M2023
~$10.8M2024
Modeled from official industry statistics+11.8%/yr since 201980% confidence band: ±42%

Company profile

Employees (reported band)17
Observed

Property

Lot size1.86 acres
CountyCuyahoga
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$808.7K · 61 jobs reported · implies ~$3.9M annual payroll · $814.1K forgiven
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Educational Institution in Ohio2,042~$3.4B~$1.6M~$788.1K4.3★14×
Category revenue trend2024: +6.9%2023: +7.9%2022: +8.8%2021: +6.7%Modeled from business-level estimates
Chain pressure11 chains expanding in this category, led by Ginn Academy, Eastmoor Academy, Nutrition Services (+61 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)283~$407.7M~$1.4M~$725.7K2,002~$168.6M15×
Education9~$18.3M~$2.0M133

1 km area (all businesses): median from the 215 of 283 businesses with estimates

Estimate

Area conditions (44103)

Population14,512 ±1,163
Median household income$24,402 ±$2,942
Median home value$54,800
Bachelor's degree or higher0.1%
Unemployment rate0.2%
Source: US Census ACS
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