How Much Did EdCast Raise?
Funding & Key Investors

EdCast, a prominent player in the enterprise software sector, has successfully navigated multiple rounds of financing to solidify its market position. With a total cumulative backing of $90.6M, the company has demonstrated a consistent ability to attract institutional interest. The most recent capital injection, a major strategic investment of $35M, underscores the firm's ongoing commitment to scaling its AI-powered knowledge cloud platform for global corporate clients.

The company's funding trajectory, which began with its initial Series A in 2014, reflects a deliberate expansion strategy. By securing successive rounds of investment, EdCast has effectively transitioned from an early-stage innovator to a mature enterprise-level solution provider, capable of supporting complex organizational learning and knowledge management requirements.

What is EdCast?

EdCast
SoftwareContent & Collaboration Software

Founded in 2013 and headquartered in Mountain View, California, EdCast provides an AI-powered knowledge cloud platform designed to streamline corporate learning and information sharing. The platform serves as a centralized hub for enterprise knowledge, utilizing advanced algorithms to curate, deliver, and analyze content tailored to individual employee needs. By integrating seamlessly into existing enterprise workflows, EdCast addresses the critical challenge of knowledge retention and skill development in rapidly evolving industries. Its market position is defined by its ability to bridge the gap between disparate data sources and actionable insights, making it a vital tool for large-scale digital transformation initiatives.

How much funding has EdCast raised?

EdCast has raised a total of $90.6M across 4 funding rounds:

2014

Series A

$6M

2015

Series B

$16M

2018

Series C

$33.6M

2019

Series D

$35M

Series A (2014): $6M with participation from Aarin Capital, Cervin Ventures, SoftBank Capital, and Menlo Ventures

Series B (2015): $16M led by Cervin Ventures, GE Asset Management, Stanford-StartX Fund, SoftBank Capital, and Penta Global

Series C (2018): $33.6M supported by The London Fund, SoftBank Group Corp., and REV Venture Partners

Series D (2019): $35M featuring National Grid Partners, REV Venture Partners, Avathon Capital, and State Street Global Advisors

Key Investors in EdCast

SoftBank Group Corp.

SoftBank Group Corp. is a global technology holding company driving innovation across telecommunications, AI, and IoT, leveraging its massive investment platforms to scale transformative technologies worldwide.

National Grid Partners

National Grid Partners invests in technologies that address current challenges and shape future energy systems, acting as a bridge between entrepreneurs and utilities to foster innovation.

REV Venture Partners

REV is a global venture capital partnership focused on transforming industries through the application of artificial intelligence, data, and analytics, often leading rounds and taking active board seats.

What's next for EdCast?

Looking ahead, the strategic deployment of $35M is expected to accelerate EdCast's product roadmap and international market penetration. As the demand for intelligent, automated learning systems continues to rise within the enterprise sector, the company is well-positioned to leverage its existing infrastructure to capture additional market share. Future growth will likely focus on enhancing the platform's predictive analytics capabilities and expanding its ecosystem of integrations, ensuring that EdCast remains at the forefront of the corporate learning technology landscape.

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Frequently Asked Questions Regarding EdCast Financial Insights

What are the most recent funding rounds that EdCast has completed, and what were the funding rounds?
EdCast has recently completed 3 funding rounds: Series D on Dec 13, 2019, Series C on Dec 10, 2018, Series B on Dec 29, 2015.
What is the total amount of funding EdCast has raised to date?
EdCast has raised a total of $90.6M in funding to date.
How many funding rounds has EdCast completed?
EdCast has completed 3 funding rounds.
How much funding did EdCast raise in its most recent funding round?
EdCast raised $35M in its most recent funding round.
Who are the lead investors in EdCast's latest funding round?
The lead investor in EdCast's latest funding round was National Grid Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in EdCast's history?
The largest funding round in EdCast's history was $35M.
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