14 SaaS Startups in the Training Industry

January 24, 2023

SaaS startups have become the darling of Venture Capital investors, especially in the Training industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 14 VC funded SaaS startups in the Training industry.

Cool Academy

For corporate and employee training services, Cool College is a SaaS enterprise intelligent & digital management learning platform.

Company details:
Founders:
Junwu Hua
Founded:
2017
Based in:
Beijing, Beijing, China
Website:
Cool Academy
Industries:
Corporate Training, Employment, SaaS, Software, Training
Latest funding:
$18,904,463
Series B
9 March 2021
Total funding:
$33,881,922
Investors
Source Code Capital, Cathay Capital, Yunqi Partners, Beyondsoft Corp, Huagai Capital

Edflex

For companies, Edflex provides articles, videos, podcasts, online courses, and books. It is a SaaS service that links businesses to corporate training materials online.

Company details:
Founders:
Clément Meslin, Philippe Riveron, Raphaël Droissart, Rémi Lesaint
Founded:
2016
Based in:
Paris, Ile-de-France, France
Website:
Edflex
Industries:
E-Learning, EdTech, Education, MOOC, Personal Development, SaaS, Training
Latest funding:
$5,964,110
Series A
24 June 2021
Total funding:
$5,964,110
Investors
Bpifrance, Crédit Mutuel Arkéa, MAIF Avenir, Nicolas Fritz

Edusign

A digital attendance sheet SaaS in EdTech is called Edusign. Small training groups, academic institutions, and business training are all served by Edusign. By digitizing low-value procedures, you may save time and money.

Company details:
Founders:
Dylan Teixeira, Elliot Boucher, Gregoire Chantegrel
Founded:
2020
Based in:
Paris, Ile-de-France, France
Website:
Edusign
Industries:
Corporate Training, Education, Internet, SaaS, Software, Training
Latest funding:
$1,144,384
Seed
12 November 2021
Total funding:
$1,144,385
Investors
Shapr Ventures

GoContractor

GoContractor is a digital onboarding and subcontractor management software created to increase efficiency and revenue while lowering compliance risk and improving safety for construction employees. Construction employees and subcontractors may arrive at the job site using GoContractor 3 times faster while also digitizing worker records to make them searchable and available from anywhere.

Company details:
Founders:
John Naughton, Julie Currid, Sean Fennell
Founded:
2012
Based in:
New York, New York, United States
Website:
GoContractor
Industries:
Construction, EdTech, Internet, SaaS, Software, Training
Latest funding:
$5,000,000
Series A
17 February 2021
Total funding:
$7,302,045
Investors
Boole Investment Syndicate, Maria Mahon, Enterprise Ireland, Delta Partners, Ironspring

HEI Schools

The Finnish early learning approach has been packaged by HEI Schools to meet the various demands of early education providers worldwide. By promoting the fact that they are utilizing a Finnish-based curriculum, HEI Schools Toolkit digital clients may gain an advantage over rivals while also saving money on teacher resources and planning time thanks to lesson plans that are constantly updated. Participants in the Teacher Certificate program can find out more about the famous and in-demand Finnish educational system. Customers of HEI Schools Learning Centers benefit from a turn-key approach with a fully branded model that includes teacher preparation, lovely space design, a worldwide community, and operational support in addition to the high-quality curriculum.

Company details:
Founders:
Milla Kokko
Founded:
2015
Based in:
Helsinki, Southern Finland, Finland
Website:
HEI Schools
Industries:
EdTech, Education, Primary Education, SaaS, Software, STEM Education, Training
Latest funding:
$2,379,210
Series A
11 April 2021
Total funding:
$3,702,400
Investors
Practica Capital, Tesi

IRONSCALES

IRONSCALES is a top-tier email security platform that uses AI to detect and eliminate risks in the inbox. It is improved by hundreds of client security teams. We provide a service that is quick to implement, simple to use, and unparalleled in its capacity to block all email threats, including sophisticated assaults like BEC, ATO, and others. With its headquarters in Atlanta, Georgia, IRONSCALES was established in Tel Aviv, Israel, in 2014.

Company details:
Founders:
Eyal Benishti
Founded:
2014
Based in:
Atlanta, Georgia, United States
Website:
IRONSCALES
Industries:
Cyber Security, Information Services, Information Technology, SaaS, Software, Training
Latest funding:
$64,000,000
Series C
7 December 2021
Total funding:
$95,000,000
Investors
K1 Investment Management, LLC, Providence Strategic Growth (PSG), Jump Capital, Elron Ventures, RDC - Rafael Development Corporation

MindTickle

In order to fill the knowledge and skill gaps seen in customer-facing teams, MindTickle provides a sales preparedness solution. The award-winning platform from MindTickle is used by sales teams from a variety of sectors to educate, coach, and coordinate their teams so that representatives and managers are more productive. MindTickle speeds up time to productivity, assures consistent execution, and aids in improving sales success by combining on-demand online training, bite-sized smartphone updates, gamification, coaching, and role-play. Businesses who use MindTickle for sales enablement to evaluate and certify each rep's preparedness report longer sales cycles, larger deal sizes, and greater win rates. A multinational, privately held firm, MindTickle has its corporate offices in Pune, India, and San Francisco, California. Accel, Canaan, NEA, NewView Capital, Norwest Venture Partners, and Softbank are a few of the investors.

Company details:
Founders:
Deepak Diwakar, Krishna Depura, Mohit Garg, Nishant Mungali
Founded:
2011
Based in:
San Francisco, California, United States
Website:
MindTickle
Industries:
Enterprise Software, SaaS, Sales Automation, Training
Latest funding:
$100,000,000
Series E
5 August 2021
Total funding:
$281,300,000
Investors
Norwest Venture Partners, Accel, SoftBank Vision Fund, Qualcomm Ventures, New Enterprise Associates

Opus

Opus provides a training program that adapts to the needs of front-line employees. It offers businesses a solitary platform for employee engagement created to give engaging, seamless training to frontline staff members, increasing their value at work and increasing productivity. It was established in 2018 and has its US headquarters in New York.

Company details:
Founders:
Jeffrey Silver, Kai Yen, Rachael Nemeth
Founded:
2018
Based in:
New York, New York, United States
Website:
Opus
Industries:
SaaS, Software, Training
Latest funding:
$2,000,000
Seed
14 April 2022
Total funding:
$4,550,000
Investors
NextView Ventures, Bling Capital, Kleiner Perkins, Gutter Capital, Metrodora Ventures

Skilltype

Skilltype was created to help us consider our career paths in terms of what we can control: improvement of one's career. Professional development has changed from being sporadic, tangible, and credentialed to being ongoing, digital, and immersive. In preparation for the future of work, we are creating a new experience that not only welcomes but also accelerates this transformation.

Company details:
Founders:
Tony Zanders
Founded:
2018
Based in:
New Orleans, Louisiana, United States
Website:
Skilltype
Industries:
Higher Education, Human Resources, SaaS, Skill Assessment, Training, Universities
Latest funding:
$1,100,000
Seed
2 November 2021
Total funding:
$1,100,000
Investors
Revelry Venture Partners, The Pearl Fund

Trainual

Trainual is a software platform that helps businesses build playbooks to train and grow their team. With the Trainual app, companies can centralize knowledge, organize every process, policy and SOP, and create learning systems to streamline the onboarding and training process while making knowledge transfer simple. The company was founded in 2018 and headquartered in Scottsdale, Arizona.

Company details:
Founders:
Chris Ronzio, Jonathan Ronzio
Founded:
2018
Based in:
Scottsdale, Arizona, United States
Website:
Trainual
Industries:
SaaS, Small and Medium Businesses, Software, Training
Latest funding:
$27,000,000
Series B
30 June 2021
Total funding:
$33,750,000
Investors
Altos Ventures, MATH Venture Partners, 4490 Ventures, Daymond John, David Sipes

Whale

In order to onboard and train your staff more quickly, Whale is the information and training platform that enables you to consolidate your procedures, SOPs, policies, and tribal knowledge.

Company details:
Founders:
Bram Billiet, Gary Vanbutsele
Founded:
2020
Based in:
Ronse, Oost-Vlaanderen, Belgium
Website:
Whale
Industries:
Information Technology, SaaS, Training
Latest funding:
$1,200,000
Seed
8 February 2021
Total funding:
$1,200,000
Investors
Volta Ventures, Peak

WorkRamp

WorkRamp is an enterprise learning platform used by leading businesses like Zoom, Box, and Workiva for customer and staff education. The business is dedicated to changing the nature of work by providing clients and workers with an unmatched digital learning experience. Users of WorkRamp feel empowered to study, interact, and develop their abilities in a digital workspace that connects conventional classroom instruction with online learning.

Company details:
Founders:
Arsh Mand, Ted Blosser
Founded:
2015
Based in:
San Carlos, California, United States
Website:
WorkRamp
Industries:
Corporate Training, E-Learning, Enterprise Software, SaaS
Latest funding:
$40,000,000
Series C
23 March 2022
Total funding:
$67,200,000
Investors
Y Combinator, Elad Gil, Susa Ventures, UpHonest Capital, Haystack

Xinren Xinshi

A system for managing human resources is Xinren Xinshi. This solution includes every module of human resources and is intended to offer effective company services. Their "Xinren Xinshi" software offers businesses a SaaS-based HR solution. More than 16000 clients use the Xinren Xinshi platform to handle their payrolls and conduct other relevant activities across the entirety of China. Xinren Xinshi offers a one-stop shop for all HR-related operations, such as personnel management, recruiting, social security, performance assessment, work attendance, and so forth, in addition to payroll services.

Company details:
Founders:
Chang Hing Lung, Chuya Rainbow, Lu Heng, Lv Shijie
Founded:
2015
Based in:
Beijing, Beijing, China
Industries:
Corporate Training, Human Resources, Internet, SaaS, Service Industry
Latest funding:
$45,107,355
Series D
23 May 2022
Total funding:
$85,117,356
Investors
Sequoia Capital, Kingdee, Raycloud, Gaocheng Capital, Alpha Startups

Yourney.io

We are a digital coaching platform that enhances the quality of life for your employees and their capacity to propel your business to new heights. We assist coaching, the most efficient method for quickening the acquisition of crucial competencies.

Company details:
Founders:
Martin Mac-clure, Nicolas Morales
Founded:
2021
Based in:
Santiago, Region Metropolitana, Chile
Website:
Yourney.io
Industries:
Corporate Training, Human Resources, Personal Development, SaaS, Training, Wellness
Latest funding:
$800,000
Seed
1 February 2022
Total funding:
$800,000
Investors
Invexor Venture Partners

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