Top 36 Training Startups to Look Out For in [2023]

Top Startups
Top 36 Training Startups to Look Out For in [2023]

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.

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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