# BenchPrep

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

- Industry: Software
- Headquarters: Chicago, US
- Website: www.benchprep.com
- Total disclosed funding: $8.2M
- Latest round: Series C (Jan 15, 2019)
- Investors on record: 6

## About

Founded in 2009, and based in Illinois, US, Watermelon Express, Inc., doing business as BenchPrep Inc., operates as an education technology company that offers an e-learning platform. The company was founded by its Chief Executive Officer, Ashish Rangnekar, and Chief Product Officer, Ujjwal Gupta. In January 2019, BenchPrep Inc. raised USD 20 million in Series C funding, co-led by Jump Capital and Owl Ventures. Returning investors NewView Capital and Revolution Ventures also participated in the round. As of 2022, the company employs more than 100 employees and has raised more than USD 28 million in investment.

BenchPrep provides a learning management system platform that gives consumers and companies access to a variety of online educational and professional training programs. Its offerings include business-critical software training and certification preparation for staff members, as well as practice exams, credentialing, and test preparation services for entrance, licensure, and credentialing exams. As of 2023, associations, credentialing organizations, and training providers, such as CompTia, the ALS Association, ISACA, and Springer Publishing, use the company’s platform, which is accessible as a web, iPhone, Android, and iPad application.

## Funding rounds

- Series C, Jan 15, 2019 — Revolution Ventures, Jump Capital, OWL Ventures, NewView Capital
- Series B, Jul 3, 2012, $6M — New Enterprise Associates, Revolution Ventures, Lightbank
- Series A, Dec 1, 2010, $2.2M — Lightbank

## Investors

- Lightbank (https://capitalatlas.ai/funds/lightbank) — Series A, Series B
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series B
- Revolution Ventures (https://capitalatlas.ai/funds/revolution-ventures) — Series B, Series C
- Jump Capital (https://capitalatlas.ai/funds/jump-capital) — Series C
- OWL Ventures (https://capitalatlas.ai/funds/owl-ventures) — Series C
- NewView Capital (https://capitalatlas.ai/funds/newview-capital) — Series C