Letter from the CEO & 2021 Outcomes Report

Letter from the CEO BloomTech was founded on the principle of opportunity. We saw that too many people didn’t have the chance to pursue their full potential, and we have worked ever since to break down barriers between learners and well-paying careers in tech. We are proud to share the outcomes we have achieved—and this is just the beginning. In line with our ongoing commitment to transparency, we again partnered with the advisory, tax, and assurance firm Baker Tilly US, LLP (formerly Moody, Famiglietti & Andronico, LLP). The firm independently examined the management’s assertions that you’ll read in the 1 BloomTech 2021 Outcomes Report. Our biggest takeaway: A full 90% of our 2021 graduates have landed jobs, which is the highest rate in our company’s history. This kind of success does not happen by accident. We have painstakingly built an industry-leading curriculum designed to teach the skills employers want. We support learners and graduates in the job hunt, beginning as soon as they join BloomTech and continuing until they secure a great job. And our dedicated team continually works to fine-tune our programs so that graduates of all backgrounds finish ready to work—and poised to transform their lives. Data are critical to communicating this progress. These numbers represent enormous change for real people—people like Aaron Burns. “Just like a lot of Americans, I was living paycheck to paycheck,” Aaron remembers. With a family to provide for, he was searching for a way to build a better life. That’s when he heard about BloomTech. He joined with one of BloomTech’s no-upfront-tuition options. In the Full Stack Web Development program, he built up the skills and confidence needed to transition to a career in tech. Aaron says, “It gave me experience. It made me ready for technical interviews. It also just made me feel like a real software engineer.” Now heis a real software engineer, making more money than he did while selling everything from vacuum cleaners to cell phones in his previous jobs. “That consistent income will help me provide the stability and the consistency I was struggling to provide for my children,” Aaron says. “I just want to be able to give my kids the world.” Aaron’s story is just one among hundreds of transformations coming out of BloomTech in 2021. This report shares data that show tech jobs can provide a higher salary, better earning potential, and more flexibility. Our unflagging dedication to improving BloomTech led to huge gains in further streamlining our direct path to a tech career. As a result, more of our graduates are working in well-paying jobs, improving their lives, and contributing to the country’s economic recovery. -Austen Allred, BloomTech CEO & Cofounder November 02, 2022 1 Of 668 learners with an Actual Graduation Date in 2021 and who were Job Seeking, 599 received a job offer as of the reporting date: August 11, 2022