# Revature

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

- Industry: Education/Training
- Headquarters: Reston, US
- Website: www.revature.com/
- Total disclosed funding: $20M
- Latest round: Series A (Mar 7, 2016)
- Investors on record: 3

## About

Revature LLC is a US-based technology training company specializing in developing essential technical skills through tailored training solutions, aimed at enhancing workforce capabilities in various sectors.Revature LLC, founded in 2003 in Reston, US, focuses on bridging the technology skills gap by offering comprehensive training solutions. The company was co-founded by Ashwin Bharath and Srikanth Ramachandran. In February 2019, Investcorp acquired a majority stake in Revature from its previous investors including University Ventures, Eden Capital, and Strada Education Network. Revature has completed a total of 2 deals, with its latest funding round being a Series A, raising USD 20.00 mn, matching the total amount raised to date.Revature specializes in providing a comprehensive suite of technology training and development solutions aimed at building a skills-based workforce. Their core offerings include personalized training programs designed to upskill or reskill employees, integrating ongoing AI training, technical certifications, and interpersonal skills development. These programs cater primarily to government firms and enterprise clients, focusing on equipping their technology teams with job-ready skills and expertise across various domains, including cloud computing, cybersecurity, and application development. Revature's services address critical industry challenges such as the growing shortage of skilled technology workers and the need for continuous employee development. Their products are primarily marketed to clients in North America, and they have extended their reach to organizations in sectors such as banking and financial services, retail, energy, and telecommunications.The revenue structure of Revature is primarily based on B2B transactions, where they engage with enterprise customers to deliver training and upskilling solutions. Organizations typically partner with Revature under contract agreements that encompass customized training programs tailored to their workforce needs. The financial arrangements may involve subscription models for ongoing training services, as well as fees tied to specific certifications or training modules. Revature's flagship services include their Emerging Talent Program and Digital Academies, which focus on preparing tech talent for immediate deployment in high-demand roles. While detailed pricing plans are not specified, the company aims to offer competitive solutions that deliver lower costs and faster time-to-productivity compared to traditional hiring and training methods.Revature plans to leverage the recently raised USD 20.00 mn from their Series A funding to scale operations, enhance recruitment, and develop enterprise-ready technology talent. The investment will support the expansion of their services in response to the increasing demand for skilled professionals. Specific upcoming products related to their training offerings are in the works, although exact release dates have not been specified. Revature is also seeking to expand its market reach beyond North America into new geographic regions, focusing on sectors facing significant skills shortages, ensuring they meet the evolving needs of the technology workforce.

## Funding rounds

- Series A, Mar 7, 2016, $20M — University Ventures, Eden Capital, Strada Education Network

## Investors

- University Ventures (https://capitalatlas.ai/funds/university-ventures) — Series A
- Eden Capital (https://capitalatlas.ai/funds/eden-capital) — Series A
- Strada Education Network (https://capitalatlas.ai/funds/strada-education-network) — Series A