# Bloc

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

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.bloc.io
- Total disclosed funding: $8.3M
- Latest round: Series A (Nov 18, 2014)
- Investors on record: 5

## About

Bloc is a technology firm specializing in online educational programs that empower individuals with essential skills for today's job market. Its offerings focus on both technical and business skills tailored to meet diverse professional needs.Bloc provides online educational programs aimed at equipping learners with vital soft and technical skills. Founded by a team including Charles Gamble, Jason Choi, Joakim Rangel, Jon Bloomberg, Justin Santos, Nicholas Theuma, Ole Løset, and Philipp Inno, the company is headquartered in San Francisco, US. Joakim Rangel serves as the CEO. In November 2014, Bloc raised USD 6 million in Series A funding led by Shasta Ventures, with participation from First Round Capital, bringing the total amount raised to USD 6 million and the current company valuation to USD 23.026 mn.Bloc offers a variety of online educational programs designed to develop both technical and business skills. Key offerings include programs in Cybersecurity, Web Development, Data Analytics, AI Skills, Digital Marketing, and Communication, targeting individuals and professionals in North America and Europe. The programs are aimed at both entry-level employees and seasoned professionals, facilitating career advancement and transitions.Bloc generates revenue through a structured enrollment model where participants pay fees for access to educational courses. This direct-to-consumer model allows clients to choose individual programs or bundled offerings through the company's online platform. The pricing structure is designed to accommodate various budgets, and partnerships with educational institutions enhance their client base by integrating Bloc’s programs into curricula. High-demand fields such as Cybersecurity and Data Analytics contribute significantly to the company’s revenue stream.Bloc plans to utilize the recent Series A funding of USD 6 million, raised in November 2014, to expand its educational offerings and enhance its platform. The company is designing new programs aimed at emerging industry demands, with the intent to launch these by mid-2015. Additionally, Bloc aims to expand its market presence into Asia-Pacific regions by 2016, targeting opportunities to deliver tailored educational content to new audiences.

## Funding rounds

- Series A, Nov 18, 2014, $6M — Shasta Ventures, First Round Capital
- Seed, Dec 5, 2013, $2M — First Round Capital, Baseline Ventures, Harrison Metal, Learn Capital
- Seed, May 10, 2012, $0.3M — Learn Capital

## Investors

- Learn Capital (https://capitalatlas.ai/funds/learn-capital) — Seed
- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Seed, Series A
- Baseline Ventures (https://capitalatlas.ai/funds/baseline-ventures) — Seed
- Harrison Metal (https://capitalatlas.ai/funds/harrison-metal) — Seed
- Shasta Ventures (https://capitalatlas.ai/funds/shasta-ventures) — Series A
