# Ironhack

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

- Industry: Education/Training
- Headquarters: Madrid, Spain
- Website: www.ironhack.com
- Total disclosed funding: $27M
- Latest round: Series B (Jan 19, 2021)
- Investors on record: 6

## About

Ironhack, Inc. is an educational institution that specializes in immersive bootcamp programs for web development, data analytics, cybersecurity, and UX/UI design, focusing on equipping students with essential skills for careers in technology.Founded in 2013, Ironhack, Inc. is based in Madrid, Spain, and prepares individuals for technology careers through intensive educational programs. The company has completed 5 deals, with the most recent funding round occurring on January 19, 2021, when it raised EUR 16.5 million in a Series B round led by Lumos Capital Group, along with participation from Brighteye Ventures, Creas, and Endeavor Catalyst. The founders, Ariel Quinones and Gonzalo Manrique, have established a strong presence in the tech education space.Ironhack specializes in providing immersive educational programs in web development, data analytics, cybersecurity, and UX/UI design. Their core offerings are structured as intensive bootcamps designed to equip students with practical skills necessary for the tech industry. These programs are tailored for individuals seeking to enhance their professional capabilities or pivot into technology-focused careers. The courses typically blend theoretical knowledge with hands-on projects, enabling participants to build portfolios that showcase their skills to potential employers. Ironhack serves a diverse clientele, including aspiring professionals, career changers, and companies looking to upskill their workforce. The company markets its services primarily in North America, Europe, and Latin America, catering to both local and international students through online and in-person formats.Ironhack generates revenue primarily through tuition fees for its bootcamp programs, which are structured as direct-to-consumer transactions. Students enroll in these courses, paying a set fee that covers the entirety of the program. The company may also explore partnerships with corporations looking to provide training for their employees, enhancing its revenue streams through B2B arrangements. Flagship courses in web development and UX/UI design are significant contributors to their revenue model. Pricing plans are established to reflect the quality of the education provided, with distinct packages that cater to various learning formats, including full-time, part-time, and online options. The structure of these transactions reinforces Ironhack's position in the tech education space, responding to the growing demand for skilled professionals in the digital economy.Ironhack plans to utilize the EUR 16.5 million raised in its Series B funding to enhance its educational offerings and expand its global reach. The company aims to introduce new bootcamp programs tailored to emerging technologies and trends. Additionally, Ironhack is targeting expansion into new markets across Europe and Latin America by the end of 2023, further diversifying its client base and increasing accessibility for students worldwide.

## Funding rounds

- Series B, Jan 19, 2021, $20M — Endeavor Catalyst, Creas, Brighteye Ventures, Lumos Capital Group
- Series A, Jul 1, 2019, $4M — JME Ventures, Brighteye Ventures, Acurio Ventures
- Seed, Jul 17, 2017, $3M — JME Ventures, Acurio Ventures

## Investors

- JME Ventures (https://capitalatlas.ai/funds/jme-ventures) — Seed, Series A
- Acurio Ventures (https://capitalatlas.ai/funds/acurio-ventures) — Seed, Series A
- Brighteye Ventures (https://capitalatlas.ai/funds/brighteye-ventures) — Series A, Series B
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series B
- Creas (https://capitalatlas.ai/funds/creas) — Series B
- Lumos Capital Group (https://capitalatlas.ai/funds/lumos-capital-group) — Series B