# MentorCloud

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

- Industry: Software
- Headquarters: Menlo Park, US
- Website: www.mentorcloud.com
- Latest round: Seed (Nov 5, 2015)
- Investors on record: 2

## About

MentorCloud, Inc., based in California, specializes in a mentoring software platform that utilizes AI to connect mentors and mentees, enhancing employee development and creating tailored mentorship experiences across diverse corporate environments.Founded in 2013 in Menlo Park, California by Marcella Allison, Rajesh Setty, and Ravishankar Gundlapalli, MentorCloud provides a software platform to facilitate mentoring relationships in various organizations. The company has raised funding through two deals, with the most recent occurring on November 5, 2015, supported by 500 Global and Silicon Valley Venture Studio, LLC.MentorCloud offers a robust mentoring software platform that enhances workplace mentorship and employee development. The platform features AI-assisted mentoring matching based on over 50 parameters, allowing organizations to customize and automate their mentoring processes. With clients such as Marriott International and Merck Group, it operates across multiple regions including the USA, EMEA, APAC, China, and the UK, addressing needs such as employee retention and fostering a culture of continuous learning.MentorCloud's revenue model is primarily based on B2B subscriptions for its mentoring software. Organizations partner with MentorCloud to implement the platform for their employees, starting with a commitment-free trial followed by tailored subscription plans. This model emphasizes the platform's scalability, supporting various mentoring initiatives globally, with services that include comprehensive support for program setup and ongoing operations.Following the recent funding round in November 2015, MentorCloud plans to utilize this investment for the development of new features within its mentoring software, enhancing the user experience. The company aims to expand into the APAC region by 2025, leveraging insights gained from current clients to tailor its offerings. Overall, the funding will support the strategic development of its platform and facilitate entry into new markets, aligning with its expansion goals.

## Funding rounds

- Seed, Nov 5, 2015 — 500 Global, Silicon Valley Venture Studio, LLC

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Silicon Valley Venture Studio, LLC — Seed