# CareerFoundry

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

- Industry: Education/Training
- Headquarters: Berlin, Germany
- Website: www.careerfoundry.com
- Total disclosed funding: $6M
- Latest round: Series A (Mar 7, 2016)
- Investors on record: 4

## About

CareerFoundry GmbH is an online career academy focused on providing education and mentorship in technology-related fields, including design, engineering, and analytics, helping individuals transition into successful tech careers.Founded in 2013 by Martin Ramsin, CareerFoundry GmbH is headquartered in Berlin, Germany. The company specializes in online education, offering career-change programs and specialized courses. In September 2022, CareerFoundry raised EUR 5 million in funding from Verdane Capital Advisors, IBB Ventures, Tengelmann Group, and Ataraxy Ventures, bringing its total amount raised to EUR 5 million and current valuation to USD 46.06 mn.CareerFoundry offers comprehensive educational programs in various tech disciplines such as UX design, UI design, software engineering, data analytics, and digital marketing. Their courses are designed for flexibility, catering to beginners and those looking to upskill, emphasizing personalized mentorship and tailored job preparation to enhance career transitions for a global audience including North America, Europe, and parts of Asia.In 2022, CareerFoundry reported revenue of EUR 20,549,078.50 and an EBITDA of EUR -1,473,909.10, primarily generated through tuition fees for their educational programs, ensuring students have access to mentorship and job placement support.Following the EUR 5 million funding round in September 2022, CareerFoundry plans to scale its unique educational model to address the demands of the modern digital economy. The company aims to expand its course offerings and reach new markets, although specific regions for expansion have yet to be disclosed.

## Funding rounds

- Series A, Mar 7, 2016, $5M — VC Fonds Kreativwirtschaft Berlin, Tengelmann Ventures Management, Bauer Venture Partners, Ataraxy Ventures
- Seed, Jun 24, 2015, $1M — Tengelmann Ventures Management

## Investors

- Tengelmann Ventures Management (https://capitalatlas.ai/funds/tengelmann-ventures-management) — Seed, Series A
- VC Fonds Kreativwirtschaft Berlin — Series A
- Bauer Venture Partners (https://capitalatlas.ai/funds/bauer-venture-partners) — Series A
- Ataraxy Ventures (https://capitalatlas.ai/funds/ataraxy-ventures) — Series A