# Springboard

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

- Industry: Education/Training
- Headquarters: San Francisco, US
- Website: www.springboard.com/
- Total disclosed funding: $66M
- Latest round: Series B (Apr 27, 2023)
- Investors on record: 13

## About

Springboard is a US-based online learning platform that delivers high-quality educational content focused on technology and business skills, catering to learners seeking to meet the demands of a rapidly evolving job market.Founded in 2013 in San Francisco, US, Springboard provides an innovative online learning experience. The company has successfully completed 5 funding deals, with its most recent being a Series B round on April 27, 2023, where it raised USD 12.5 mn from returning investor 500 Global, contributing to a total amount raised of USD 12.5 mn and a current company valuation of USD 236.31 mn. The founding team includes Gautam Tambay and Parul Gupta, who have a history of entrepreneurial ventures. The company has not undergone significant pivots or changes in strategy since its inception.Springboard specializes in a comprehensive online learning platform that offers immersive courses in data science, software engineering, and digital marketing. Its educational products are designed to address the skills gap in the tech industry, appealing to individual learners, educational institutions, and corporate partners. The company's offerings are marketed across North America, Europe, and parts of Asia, reflecting a growing demand for online education.Springboard operates on a subscription-based revenue model, allowing users to access diverse courses for a fixed fee, either monthly or annually. With tiered pricing plans suitable for individual learners and organizations, the company generates revenue through direct consumer transactions and partnerships with educational institutions that incorporate its courses. This model includes flagship bootcamps and certification programs that encourage repeat business and foster long-term client relationships.In April 2023, Springboard successfully raised USD 12.5 mn in Series B funding as part of a larger USD 15 mn initiative, aimed at enhancing its online education offerings. The company plans to expand its product portfolio with new courses targeting additional subjects and skills, anticipated to launch within the next year. Additionally, Springboard is focusing on expanding its market presence in emerging regions, particularly in Asia and Latin America, by the end of 2024, leveraging the recent funding to drive these growth initiatives.

## Funding rounds

- Series B, Apr 27, 2023, $13M — 500 Global
- Series B, Aug 5, 2020, $31M — SJF Ventures, Vulcan, 500 Global, Learn Capital, Costanoa Ventures, Titanium Ventures, [DUP] International Finance Corporation, Blue Fog Capital, Reach Capital, Pearson Ventures
- Series A, Dec 16, 2019, $11M — Learn Capital, Costanoa Ventures, [DUP] International Finance Corporation, Blue Fog Capital, Reach Capital, Pearson Ventures
- Series A, Dec 18, 2017, $9.5M — Learn Capital, Costanoa Ventures, Moneta Ventures, Blue Fog Capital, Rocketship.vc
- Seed, Dec 16, 2015, $1.7M — 500 Global, Blue Fog Capital, Globevestor

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed, Series B
- Blue Fog Capital (https://capitalatlas.ai/funds/blue-fog-capital) — Seed, Series A, Series B
- Globevestor (https://capitalatlas.ai/funds/globevestor) — Seed
- Learn Capital (https://capitalatlas.ai/funds/learn-capital) — Series A, Series B
- Costanoa Ventures (https://capitalatlas.ai/funds/costanoa-ventures) — Series A, Series B
- Moneta Ventures (https://capitalatlas.ai/funds/moneta-ventures) — Series A
- Rocketship.vc (https://capitalatlas.ai/funds/rocketship-vc) — Series A
- [DUP] International Finance Corporation — Series A, Series B
- Reach Capital — Series A, Series B
- Pearson Ventures (https://capitalatlas.ai/funds/pearson-ventures) — Series A, Series B
- SJF Ventures (https://capitalatlas.ai/funds/sjf-ventures) — Series B
- Vulcan (https://capitalatlas.ai/funds/vulcan) — Series B
- Titanium Ventures (https://capitalatlas.ai/funds/titanium-ventures) — Series B