# Trainual

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

- Industry: Software
- Headquarters: Scottsdale, US
- Website: www.trainual.com
- Total disclosed funding: $34M
- Latest round: Series B (Jun 30, 2021)
- Investors on record: 4

## About

Trainual, Inc. specializes in training and knowledge management software that enhances employee onboarding and streamlines process documentation for organizations worldwide.Founded in 2014 in Scottsdale, US, Trainual, Inc. provides a platform focused on facilitating employee training and process documentation. The company has undergone pivots to enhance its offerings, leading to a successful Series B funding round on June 30, 2021. This funding was led by Altos Ventures, contributing to a total of USD 27.00 mn raised. Chris Ronzio, one of the founders, serves as the CEO, bringing prior entrepreneurial experience to the company.Trainual's primary offering is a comprehensive training, knowledge, and learning management software designed to enhance employee onboarding and process documentation. The platform connects processes to every role, location, or department within an organization, providing users with streamlined training experiences and built-in tracking tools to monitor training completion and compliance. By utilizing industry-proven templates and AI capabilities, Trainual enables businesses to quickly generate and organize knowledge, facilitating easy access to essential training materials and standard operating procedures. The software serves a diverse client base, including small to medium-sized businesses across multiple industries in over 160 countries, assisting them in improving employee retention and productivity through effective training solutions.Trainual generates revenue primarily through subscription-based models, offering various pricing plans tailored to organizational needs. Customers typically engage with Trainual by purchasing an annual subscription, which grants access to the platform's full suite of features for onboarding, training, and knowledge management. The company emphasizes its ability to significantly reduce onboarding times, allowing clients to realize tangible savings in employee training costs. Specific pricing structures for the annual plans are established to accommodate businesses ranging from small startups to larger enterprises. Through this subscription model, Trainual positions itself as a valuable partner in enhancing workforce efficiency and compliance for its clients.In June 2021, Trainual, Inc. raised USD 27.00 mn in Series B funding to enhance its product innovation efforts and expand its business reach. The company plans to fill over 50 new roles across all departments within the next year. Future growth strategies include developing new products aimed at improving user experience and entering new markets, although specific regions have yet to be detailed.

## Funding rounds

- Series B, Jun 30, 2021, $27M — Altos Ventures, Math Venture Partners, 4490 Ventures, PHX Ventures
- Series A, Dec 17, 2019, $6.8M — Math Venture Partners, 4490 Ventures

## Investors

- Math Venture Partners (https://capitalatlas.ai/funds/math-venture-partners) — Series A, Series B
- 4490 Ventures (https://capitalatlas.ai/funds/4490-ventures) — Series A, Series B
- Altos Ventures (https://capitalatlas.ai/funds/altos-ventures) — Series B
- PHX Ventures (https://capitalatlas.ai/funds/phx-ventures) — Series B