What is EdCast?
Founded in 2013, EdCast operates an AI-driven knowledge cloud platform designed to enhance corporate learning and employee development. The platform aggregates and organizes vast amounts of information, making it accessible and actionable for users within an organization. EdCast's technology aims to bridge knowledge gaps, improve skill development, and boost productivity by providing personalized learning experiences and content curation. The company's focus on AI positions it at the forefront of modernizing enterprise education and talent management solutions.
How much funding has EdCast raised?
EdCast has raised a total of $90.6M across 4 funding rounds:
Series A
$6M
Series B
$16M
Series C
$33.6M
Series D
$35M
Series A (2014): $6M with participation from Cervin Ventures, Aarin Capital, Menlo Ventures, and SoftBank Capital
Series B (2015): $16M led by Penta Global, Cervin Ventures, Stanford-StartX Fund, SoftBank Capital, and GE Asset Management
Series C (2018): $33.6M supported by SoftBank Group Corp., The London Fund, and REV Venture Partners
Series D (2019): $35M featuring State Street Global Advisors, National Grid Partners, REV Venture Partners, and Avathon Capital
Key Investors in EdCast
National Grid Partners
National Grid Partners is a venture capital firm focused on investing in technologies that address current challenges and shape future energy systems, acting as a bridge between entrepreneurs and utilities for innovative energy solutions.
REV Venture Partners
REV Venture Partners is a global venture capital partnership that transforms industries through AI, data, and analytics, investing in early to mid-stage companies across various sectors.
SoftBank Group Corp.
SoftBank Group Corp. is a global technology holding company driving innovation across telecommunications, internet services, AI, and other technology sectors through strategic investments and its diverse portfolio.
What's next for EdCast?
With substantial enterprise-level backing and a recent strategic investment, EdCast is poised for accelerated growth and market penetration. The company is likely to leverage this capital to enhance its AI capabilities, expand its platform features, and broaden its customer base globally. Future developments may include deeper integrations with existing enterprise systems, advanced analytics for learning effectiveness, and the development of new solutions to address evolving workforce needs. This strategic financing signals strong investor confidence in EdCast's vision and its potential to lead the future of corporate knowledge management and upskilling.
See full EdCast company page
