How Much Did Springboard Raise?
Funding & Key Investors

Springboard, a prominent player in the professional development and online education sector, has successfully navigated multiple rounds of capital infusion to solidify its market presence. With a cumulative financial backing of $42M, the company has demonstrated a robust growth trajectory since its inception. The most recent strategic investment, totaling $31M, underscores the confidence institutional backers place in the firm's mentor-led pedagogical model and its ability to scale within the competitive EdTech landscape.

This capital deployment marks a significant milestone in the company's lifecycle, transitioning from early-stage development to a mature enterprise-level operation. By securing these funds, Springboard is well-positioned to expand its curriculum offerings and enhance its proprietary learning platform, ensuring it remains at the forefront of the digital skills training market.

What is Springboard?

Springboard
EducationTraining

Founded in 2013 and headquartered in San Francisco, Springboard operates as a specialized provider of mentor-led online learning programs. The company focuses on high-demand technical fields, including data science, UI/UX design, and software engineering. By pairing students with industry experts, Springboard bridges the gap between traditional academic instruction and the practical requirements of the modern workforce. Its market position is defined by a commitment to career-oriented outcomes, leveraging a unique blend of human mentorship and digital content delivery to drive student success in an increasingly automated global economy.

How much funding has Springboard raised?

Springboard has raised a total of $42M across 2 funding rounds:

2019

Series A

$11M

2020

Series B

$31M

Series A (2019): $11M with participation from International Finance, Reach Capital, Learn Capital, Pearson, Blue Fog Capital, and Costanoa Ventures

Series B (2020): $31M led by Telstra, Reach Capital, 500.com, Blue Fog Capital, Pearson Ventures, Costanoa Ventures, SJF Ventures limited, Learn Capital, Vulcan Capital Management, and International Finance Corporation

Key Investors in Springboard

Learn Capital

Learn Capital is a Silicon Valley-based venture fund dedicated to education technology, backing teams that leverage digital tools to improve learning outcomes globally.

Reach Capital

Reach Capital is an early-stage venture firm focused on education and workforce development, with a team possessing extensive classroom teaching experience.

International Finance Corporation

The International Finance Corporation is a multilateral institution that mobilizes capital and expertise to support private sector growth and sustainable development in emerging markets.

What's next for Springboard?

Looking ahead, the strategic focus for Springboard involves leveraging its recent capital injection to deepen its enterprise partnerships and broaden its global reach. As the demand for reskilling and upskilling continues to accelerate, the company is expected to invest heavily in curriculum innovation and platform scalability. By maintaining its focus on high-impact technical education, Springboard is poised to capture a larger share of the professional development market, potentially exploring new verticals that align with the evolving needs of corporate talent acquisition teams and individual learners seeking career mobility.

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Frequently Asked Questions Regarding Springboard Financial Insights

What are the most recent funding rounds that Springboard has completed, and what were the funding rounds?
Springboard has recently completed 2 funding rounds: Series B on Aug 5, 2020, Series A on Dec 17, 2019.
What is the total amount of funding Springboard has raised to date?
Springboard has raised a total of $42M in funding to date.
How many funding rounds has Springboard completed?
Springboard has completed 2 funding rounds.
How much funding did Springboard raise in its most recent funding round?
Springboard raised $31M in its most recent funding round.
Who are the lead investors in Springboard's latest funding round?
The lead investor in Springboard's latest funding round was Telstra. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Springboard's history?
The largest funding round in Springboard's history was $31M.
See more information about Springboard