What is Springboard?
Founded in 2013 and headquartered in San Francisco, California, Springboard offers mentor-led online learning programs designed to equip individuals with skills in data science, UI/UX design, and coding. The company aims to bridge the gap between traditional education and the demands of the modern job market by providing practical, career-focused training. Springboard's approach emphasizes personalized mentorship and hands-on projects, preparing graduates for successful transitions into tech-related careers.
How much funding has Springboard raised?
Springboard has raised a total of $42M across 2 funding rounds:
Series A
$11M
Series B
$31M
Series A (2019): $11M with participation from International Finance Corporation, Reach Capital, Blue Fog Capital, Costanoa Ventures, Pearson, and Learn Capital
Series B (2020): $31M led by 500.com, Blue Fog Capital, Vulcan Capital Management, International Finance Corporation, Telstra, SJF Ventures limited, Learn Capital, Reach Capital, Costanoa Ventures, and Pearson Ventures
Key Investors in Springboard
500.com
500.com Limited is a leading online sports lottery service provider in China, offering a comprehensive suite of lottery services and information.
International Finance Corporation
The International Finance Corporation is a multilateral financial institution dedicated to mobilizing capital and expertise for sustainable development across emerging markets, providing financial solutions and advisory services.
Learn Capital
Learn Capital is a venture capital fund focused on education technology, backing companies that leverage technology for improved learning experiences worldwide.
What's next for Springboard?
The recent major strategic investment suggests Springboard is poised for significant expansion and further development of its educational offerings. This capital infusion is likely to fuel enhancements in curriculum, technology infrastructure, and market reach, potentially targeting new geographies or specialized learning tracks. The company's focus on career outcomes and its established track record position it well to capitalize on the increasing demand for upskilling and reskilling in the digital economy. Future growth may involve strategic partnerships or acquisitions to broaden its educational ecosystem.
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