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Simplilearn

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

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Simplilearn
Simplilearn
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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.
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
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2.  
Kashyap Dalal
Co-Founder & Chief Business Officer
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Timeline

2010

Company Incorporation

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

Raised Funding

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

Raised Funding

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.

2015

Raised Funding

Apr | Raised Funding

In 2015, Simplilearn raised another $15M, led by USA-based tech investor Mayfield to setup the companys USA operations.

Acquired a Company

Jun | Acquired a Company

In 2015, Simplilearn acquired Market Motive, a Silicon Valley-based leader in digital marketing training. Simplilearn became the first Indian startup to acquire an established American company.

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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  
Target Geography
:
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  
Location
:
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Funding

Total Funding

$31.0M

Investors
:
1.  
Helion Ventures
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2.  
Kalaari Capital
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3.  
Innoven capital
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4.  
Mayfield India

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Detail Round Breakdown
Round 1
Round 2

$3M

Series Name
:
DEBT-FINANCING
Date
:
8th Sep 2016
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