# ApprenNet

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/apprennet

- Industry: Software
- Headquarters: Wyndmoor, US
- Website: www.apprennet.com
- Total disclosed funding: $5.8M
- Latest round: Series A (Jun 17, 2016)
- Investors on record: 9

## About

ApprenNet is a provider of e-learning solutions that foster interactive learning experiences. Focused on video-based education, the company enhances critical thinking and communication skills essential for various professional fields.Founded in 2011 and headquartered in Wyndmoor, US, ApprenNet specializes in creating engaging e-learning environments. The company was co-founded by Joanna Stahl, Jérémy TOUDIC, Karl Okamoto, and Romain Boillon. It has received a total of USD 4.00 mn in funding through a Series A round led by City Light Capital on June 17, 2016, marking a significant milestone in its growth.ApprenNet specializes in e-learning solutions designed to create engaging and interactive learning communities. The company's core product enables educators to utilize video-based scenarios wherein learners can watch real-world situations, respond via video, review peer submissions, and receive expert feedback. This process encourages critical thinking and problem-solving while enhancing essential communication skills necessary in various professional fields, particularly in healthcare and law. ApprenNet's clientele includes educational institutions such as Drexel University College of Nursing and Seattle University School of Law, along with non-profit organizations like Teach for America. The platform's offerings are primarily marketed across the United States and have been employed in professional training environments globally, catering to educators and students aiming to develop practical competencies in their respective fields.ApprenNet generates revenue through a subscription-based model, allowing educational institutions and organizations to access its suite of e-learning tools. Clients typically enter into agreements that provide them with tiered access to the platform's resources, enabling tailored learning scenarios that meet their educational goals. Revenue transactions are structured around these subscriptions, which may include additional fees for premium services such as advanced analytics or specialized content creation. The company’s flagship products are designed to facilitate robust educational experiences while fostering continuous professional development among users. ApprenNet's revenue streams thus reflect a focus on B2B relationships, particularly with educational institutions and professional training organizations.Following its most recent funding round in June 2016, where ApprenNet raised USD 4.00 mn in Series A financing led by City Light Capital, the company plans to enhance its e-learning offerings and expand into new markets. Specific upcoming products are currently under development, with a focus on increasing access to innovative learning tools. ApprenNet aims to penetrate additional geographical regions, targeting growth in North America and Europe by 2025, capitalizing on the recent investment to bolster these initiatives.

## Funding rounds

- Series A, Jun 17, 2016, $4M — City Light Capital
- Series A, Sep 1, 2015, $1.8M — Ben Franklin Technology Partners, Palm Ventures, New Ground Ventures, Apollo Education Ventures, Martellus Holdings, Jefferson Education Fund, Education Design Studio, Abbhi Capital

## Investors

- Ben Franklin Technology Partners (https://capitalatlas.ai/funds/ben-franklin-technology-partners) — Series A
- Palm Ventures — Series A
- New Ground Ventures (https://capitalatlas.ai/funds/new-ground-ventures) — Series A
- Apollo Education Ventures (https://capitalatlas.ai/funds/apollo-education-ventures) — Series A
- Martellus Holdings (https://capitalatlas.ai/funds/martellus-holdings) — Series A
- Jefferson Education Fund — Series A
- Education Design Studio (https://capitalatlas.ai/funds/education-design-studio) — Series A
- Abbhi Capital (https://capitalatlas.ai/funds/abbhi-capital) — Series A
- City Light Capital (https://capitalatlas.ai/funds/city-light-capital) — Series A