Top 36 Training Startups to Look Out For in [2023]
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Have you ever wondered who is on the list of Training Companies with the highest growth rates?
You’re not alone.
There are hundreds of Training Companies found there, and keeping track of the hottest new startups can be challenging.
But don’t worry, we’ve got you covered. Here are the top 36 fast-growing Training Startups that have top-tier venture capital funding.
Table of Contents
What are Training Startups?
Training Startups are companies that provide online training programs, courses, and tutorials to help individuals develop skills and knowledge for a career or hobby. They typically offer a wide range of topics, from coding and web design to professional development and business skills.
They often provide access to experts, such as coaches and mentors, to help guide users through the courses. Some training startups also offer certifications, which can be used to demonstrate knowledge and skills to potential employers.
Top 36 Fastest-Growing Startups In Training
1) MasterClass
MasterClass is an online education platform that specializes in video-based practical training.
Details of the startup:
- Country: United States
- City: San Francisco
- Started in: 2012
- Founders: Aaron Rasmussen, David Rogier
- Number of employees: 251-500
- Funding amount: $461,400,000
- Number of funding rounds: 8
- Number of investors: 35
You can find their website here.
2) Udacity
Udacity is a company that creates online learning platforms for artificial intelligence, machine learning, and robotics.
Details of the startup:
- Country: United States
- City: Mountain View
- Started in: 2011
- Founders: David Stavens, Mike Sokolsky, Sebastian Thrun
- Number of employees: 1001-5000
- Funding amount: $235,000,000
- Number of funding rounds: 7
- Number of investors: 13
You can find their website here.
3) Whatfix
Whatfix is a digital platform that makes it easier for organizations to streamline their training and support operations by providing contextual information.
Details of the startup:
- Country: United States
- City: San Jose
- Started in: 2014
- Founders: Khadim Batti, Varakumar Namburu
- Number of employees: 501-1000
- Funding amount: $139,845,000
- Number of funding rounds: 8
- Number of investors: 18
You can find their website here.
4) Unacademy
Unacademy is a web-based learning portal that offers educational materials such as video lectures and exams.
Details of the startup:
- Country: India
- City: Bengaluru
- Started in: 2015
- Founders: Gaurav Munjal, Hemesh Singh, Roman Saini, Sachin Gupta
- Number of employees: 251-500
- Funding amount: $398,500,000
- Number of funding rounds: 11
- Number of investors: 36
You can find their website here.
5) Headspace
Headspace is a digital health platform that offers mindfulness training and guided meditation sessions.
Details of the startup:
- Country: United States
- City: Santa Monica
- Started in: 2010
- Founders: Andy Puddicombe, Richard Pierson
- Number of employees: 251-500
- Funding amount: $215,853,477
- Number of funding rounds: 10
- Number of investors: 24
You can find their website here.
6) BetterUp
BetterUp is a Fortune 500 company’s mobile-based leadership development platform.
Details of the startup:
- Country: United States
- City: San Francisco
- Started in: 2013
- Founders: Alexi Robichaux, Eddie Medina
- Number of employees: 1001-5000
- Funding amount: $269,800,000
- Number of funding rounds: 5
- Number of investors: 19
You can find their website here.
7) Bitwise Industries
Bitwise is a technology ecosystem that gives people in underserved communities access to resources.
Details of the startup:
- Country: United States
- City: Fresno
- Started in: 2013
- Founders: Irma Olguin, Jake Soberal
- Number of employees: 101-250
- Funding amount: $83,350,000
- Number of funding rounds: 6
- Number of investors: 26
You can find their website here.
8) Andela
Andela is a global talent network that connects emerging market enterprises with engineering talent.
Details of the startup:
- Country: United States
- City: New York
- Started in: 2014
- Founders: Brice Steven Nkengsa, Christina Sass, Ian Carnevale, Iyinoluwa Aboyeji, Jeremy Johnson, Nadayar Enegesi
- Number of employees: 1001-5000
- Funding amount: $181,000,000
- Number of funding rounds: 10
- Number of investors: 43
You can find their website here.
9) ExecOnline
ExecOnline is a company that offers executive training to businesses.
Details of the startup:
- Country: United States
- City: New York
- Started in: 2012
- Founders: Barry Goldberg, Julia F. Alexander, Mark Ozer, Stephen Bailey
- Number of employees: 101-250
- Funding amount: $87,718,302
- Number of funding rounds: 8
- Number of investors: 13
You can find their website here.
10) Lingokids
Assisting families all around the world in raising beautiful children.
Details of the startup:
- Country: Spain
- City: Madrid
- Started in: 2014
- Founders: Cristobal Viedma, Marieta Viedma
- Number of employees: 51-100
- Funding amount: $62,450,000
- Number of funding rounds: 9
- Number of investors: 22
You can find their website here.
11) Udemy
Udemy is an online learning platform that assists students, businesses, and governments in gaining the skills they require to achieve their objectives.
Details of the startup:
- Country: United States
- City: San Francisco
- Started in: 2009
- Founders: Eren Bali, Gagan Biyani, Oktay Caglar
- Number of employees: 501-1000
- Funding amount: $296,500,000
- Number of funding rounds: 14
- Number of investors: 27
You can find their website here.
12) Career Karma
Career Karma is a website that assists people in finding career counseling and employment training to help them manage their careers.
Details of the startup:
- Country: United States
- City: San Francisco
- Started in: 2018
- Founders: Artur Meyster, Ruben Harris, Timur Meyster
- Number of employees: 51-100
- Funding amount: $11,937,500
- Number of funding rounds: 3
- Number of investors: 38
You can find their website here.
13) CareAcademy
In order to assist the elderly population to remain in their homes, CareAcademy creates online training for senior care workers.
Details of the startup:
- Country: United States
- City: Cambridge-US
- Started in: 2013
- Founders: Helen Adeosun, Madhuri Reddy
- Number of employees: 51-100
- Funding amount: $13,045,000
- Number of funding rounds: 11
- Number of investors: 19
You can find their website here.
14) MindTickle
MindTickle is a software startup that provides businesses with sales preparedness and enablement solutions.
Details of the startup:
- Country: United States
- City: San Francisco
- Started in: 2011
- Founders: Deepak Diwakar, Krishna Depura, Mohit Garg, Nishant Mungali
- Number of employees: 251-500
- Funding amount: $181,300,000
- Number of funding rounds: 6
- Number of investors: 8
You can find their website here.
15) CoachHub
CoachHub is a digital coaching company that matches consumers with business coaches using artificial intelligence.
Details of the startup:
- Country: Germany
- City: Berlin
- Started in: 2018
- Founders: Matti Niebelschuetz, Yannis Niebelschuetz
- Number of employees: 251-500
- Funding amount: $54,000,000
- Number of funding rounds: 3
- Number of investors: 8
You can find their website here.
16) Masai School
Masai School is a software training company that focuses on helping people get jobs.
Details of the startup:
- Country: India
- City: Bengaluru
- Started in: 2019
- Founders: Prateek Shukla
- Number of employees: 1-10
- Funding amount: $7,483,079
- Number of funding rounds: 3
- Number of investors: 4
You can find their website here.
17) Ruangguru
Ruangguru is a technology company that specializes on educational services.
Details of the startup:
- Country: Indonesia
- City: Jakarta
- Started in: 2014
- Founders: Adamas Belva Syah Devara, Iman Usman, Muhamad Iman Usman
- Number of employees: 101-250
- Funding amount: $205,050,000
- Number of funding rounds: 10
- Number of investors: 10
You can find their website here.
18) Showpad
The most beneficial thing that has ever happened to your sales staff
Details of the startup:
- Country: Belgium
- City: Gent
- Started in: 2011
- Founders: Louis Jonckheere, Peter Minne, Pieterjan Bouten
- Number of employees: 251-500
- Funding amount: $159,500,000
- Number of funding rounds: 6
- Number of investors: 6
You can find their website here.
19) OpenClassrooms
With over 2 million members and entirely online degrees, OpenClassrooms is a European online education network.
Details of the startup:
- Country: France
- City: Paris
- Started in: 2012
- Founders: Mathieu Nebra, Pierre Dubuc
- Number of employees: 101-250
- Funding amount: $149,703,859
- Number of funding rounds: 6
- Number of investors: 9
You can find their website here.
20) Quizizz
Quizizz is an educational platform that provides any learner with engaging gamified quizzes and interactive courses.
Details of the startup:
- Country: India
- City: Bengaluru
- Started in: 2015
- Founders: Ankit Gupta, Deepak Joy Cheenath
- Number of employees: 11-50
- Funding amount: $15,504,114
- Number of funding rounds: 3
- Number of investors: 6
You can find their website here.
21) Go1
With on-demand training and a dynamic content-driven platform, GO1 enables businesses to grow up their workforce.
Details of the startup:
- Country: Australia
- City: Brisbane
- Started in: 2015
- Founders: Andrew Barnes, Chris Eigeland, Chris Hood, Vu Tran
- Number of employees: 101-250
- Funding amount: $83,708,345
- Number of funding rounds: 8
- Number of investors: 19
You can find their website here.
22) Intelex
Intelex creates software for EHSQ initiatives (environment, health, safety, and quality).
Details of the startup:
- Country: Canada
- City: Toronto
- Started in: 1992
- Number of employees: 251-500
- Funding amount: CA$160,000,000
- Number of funding rounds: 1
- Number of investors: 2
You can find their website here.
23) BetterPlace Safety Solutions
Contractor workforce management, including onboarding, training, and background checks, is provided by BetterPlace to enterprises.
Details of the startup:
- Country: India
- City: Bengaluru
- Started in: 2015
- Founders: Pravin Agarwala, Uday Singh
- Number of employees: 11-50
- Funding amount: $14,000,000
- Number of funding rounds: 3
- Number of investors: 4
You can find their website here.
24) Dreams
Dreams is a Neo-bank that makes money saving, spending, and lending simple, fun, and social.
Details of the startup:
- Country: Sweden
- City: Stockholm
- Started in: 2013
- Founders: Henrik Rosvall, Joel Broms Brosjö, Johan Hemminger, Johan Stahle, Patrick Stahl
- Number of employees: 11-50
- Funding amount: $27,803,973
- Number of funding rounds: 6
- Number of investors: 2
You can find their website here.
25) Able Jobs
Able Jobs is an app that offers sales, support, and marketing career training.
Details of the startup:
- Country: India
- City: Bengaluru
- Started in: 2019
- Founders: Ravish Agrawal, Siddharth Srivastav, Swatantra Kumar
- Number of employees: 1-10
- Funding amount: $1,800,000
- Number of funding rounds: 1
- Number of investors: 5
You can find their website here.
26) Sharpist
Sharpist is a mobile platform that helps professionals pursue their jobs with increased interest by creating aha moments at scale.
Details of the startup:
- Country: Germany
- City: Berlin
- Started in: 2018
- Founders: Dominik Lahmann, Fabian Niedballa, Hendrik Schriefer
- Number of employees: 11-50
- Funding amount: $5,000,000
- Number of funding rounds: 3
- Number of investors: 5
You can find their website here.
27) Trybe
Trybe is a modern school for digital professionals that are motivated and studious.
Details of the startup:
- Country: Brazil
- City: Sao Paulo
- Started in: 2019
- Founders: Claudio Lensing, João Daniel Duarte, Matheus Goyas
- Number of employees: 101-250
- Funding amount: $13,700,000
- Number of funding rounds: 3
- Number of investors: 6
You can find their website here.
28) edureka!
Edureka is the e-learning platform with the quickest growth, offering live, online training in cutting-edge technologies.
Details of the startup:
- Country: India
- City: Bengaluru
- Started in: 2011
- Founders: Abhishek Vinod Singh, Kapil Tyagi, Lovleen Bhatia, Vineet Chaturvedi
- Number of employees: 251-500
- Funding amount: $2,000,000
- Number of funding rounds: 1
- Number of investors: 1
You can find their website here.
29) Growth Tribe
Growth Tribe exists to encourage adults to continue to learn.
Details of the startup:
- Country: The Netherlands
- City: Amsterdam
- Started in: 2015
- Founders: David Arnoux, Kees van Nunen, Peter van Sabben, Pia Ella Elmegård, Quentin Lacointa
- Number of employees: 101-250
- Funding amount: € 5,000,000
- Number of funding rounds: 2
- Number of investors: 1
You can find their website here.
30) PlayKids
PlayKids is a platform for children’s entertainment that includes age-appropriate movies, e-books, nursery rhymes, games, and more.
Details of the startup:
- Country: Brazil
- City: Campinas
- Started in: 2013
- Founders: Andreas Blazoudakis, Breno Masi, Eduardo Lins Henrique, Flavio Stecca
- Number of employees: 251-500
- Funding amount: $15,000,000
- Number of funding rounds: 1
You can find their website here.
31) SwipeGuide
SwipeGuide is a manufacturing-specific performance platform that captures, scales, and automates important operational knowledge.
Details of the startup:
- Country: The Netherlands
- City: Amsterdam
- Started in: 2015
- Founders: Daan Assen, Willemijn Schneyder
- Number of employees: 11-50
- Funding amount: € 6,300,000
- Number of funding rounds: 4
- Number of investors: 5
You can find their website here.
32) Synapse
L&D teams are more productive with Synapse.
Details of the startup:
- Country: Canada
- City: Toronto
- Started in: 2019
- Founders: Josh Crohn, Ryan Austin, Sebastian Leks
- Number of employees: 11-50
- Funding amount: $5,225,000
- Number of funding rounds: 4
- Number of investors: 12
You can find their website here.
33) Zehitomo
Zehitomo is a Japanese online marketplace where users may engage local service professionals such as photographers and personal trainers.
Details of the startup:
- Country: Japan
- City: Tokyo
- Started in: 2015
- Founders: James McCarty, Jordan Fisher
- Number of employees: 1-10
- Funding amount: $12,570,851
- Number of funding rounds: 3
- Number of investors: 14
You can find their website here.
34) PageUp
Unified Talent Management Software in the Cloud
Details of the startup:
- Country: Australia
- City: Melbourne
- Started in: 1997
- Founders: Karen Cariss, Simon Cariss
- Number of employees: 101-250
- Funding amount: $10,000,000
- Number of funding rounds: 2
- Number of investors: 2
You can find their website here.
35) HEI Schools
SaaS licensing concept for early education
Details of the startup:
- Country: Finland
- City: Helsinki
- Started in: 2015
- Founders: Milla Kokko
- Number of employees: 11-50
- Funding amount: € 3,100,000
- Number of funding rounds: 2
- Number of investors: 2
You can find their website here.
36) Learnship
Learnship is a company that provides online business language training through an unique web conferencing service.
Details of the startup:
- Country: Germany
- City: Köln
- Started in: 2008
- Founders: Sushel Bijganath, Thomas Sonntag
- Number of employees: 251-500
- Funding amount: € 10,000,000
- Number of funding rounds: 3
- Number of investors: 6
You can find their website here.
FAQs
Is Training Business Profitable?
The profitability of a training business depends on a variety of factors, including the type of training provided, the target market, the pricing strategy, and the cost of providing the training.
Additionally, businesses should bear in mind that profitability can be affected by the level of competition in the industry, the quality and reputation of the services provided, and the overall economic climate.
What Is The Average Investment In Training?
The average investment in training startups varies depending on the type of training, the size of the startup, and the specific needs of the company. Generally, startups tend to invest anywhere from $10,000 to $100,000 in training, although some may invest more or less.
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