The San Francisco based startup Simplilearn is an edu-tech startup which allows its consumers to upskill their education.

Basic Information

Simplilearn is a platfrom for professionals from across industries and functions to skill-up certification training courses. It offers over 200 courses in different sectors including project management, IT service management, Microsoft certification, quality management, and financial management. The company has been backed by InnoVen Capital, Kalaari Capital, and Helion Venture Partners. See more

Legal Name

:

Simplilearn Solutions Private Limited

Headquarters

:

San Francisco, California, United States

Business Model

:

B2C,

B2B

Founding Date

:

Apr 2010

No. of Employees

:

1000+

Core Team

:
1.

Krishna Kumar

Chief Executive Officer

2.

Kashyap Dalal

Co-Founder & Chief Business Officer

Timeline
2010
true
Apr | Company Incorporation
Krishna turned Simplilearn into an online learning platform for professional certifications, where learners could not just upskill their skillset but could obtain industry certifications and hands-on learning experience.
2012
Aug | Raised Funding
In 2012, IndoUS Venture Partners (now called Kalaari Capital) saw the value of Simplilearns teaching approach and business model. They invested in the firm to enable it to expand.
2013
true
Sep | Raised Funding
By 2013, Simplilearn had demonstrated its potential and was able to attract additional funding from Helion Venture Partners and Kalaari. The investment enabled Simplilearn to diversify its product offerings, moving beyond PMP training.

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Target Market

B2B

Corporates (IT, IT Services, GIC, BFSI mostly) Universities & Colleges

Client Segment

:

Technology, Analytics & BI, E-Commerce, Software

Target Companies

:

Large Enterprise, Medium Enterprise, Small Enterprise

B2C

Anyone who is interested in building digital economy skills

User Age

:

26 to 34, 18 to 25, 35 to 45, 46 to 60

User Income

:

Lower-middle Income, Upper-middle Income

Funding

Total Funding

$31.0M

Investors

:

1.

Mayfield India

2.

Helion Ventures

3.

Innoven capital

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Detail Round Breakdown

Round 1

$3M

Series Name

:

DEBT-FINANCING

Date

:

8th Sep 2016