Ed-tech startup Springboard raises $11 mn from Reach Capital


Springboard, an education technology startup has announced that it has raised USD 11 million in a post-Series-A funding round led by Reach Capital.

The funding round was also participated by Pearson Ventures, International Finance Corporation (IFC), as well as returning investors Costanoa Ventures, Learn Capital, and Blue Fog Capital.

The company, which till now has raised USD 20 million through funding, has also partnered with Microsoft to train and place around 5,000 students into analytics jobs over the period of the next three years through its new Data Analytics Career Track.

Vivek Kumar, Springboard India, Managing Director said, “Working professionals have to significantly upskill or re-skill every 3-5 years to advance in their careers. Our industry-designed programs combined with in-depth, 1-on-1 mentorship and career guidance enable people to achieve their full potential.”

The funding will be used by the company to increase its operations, add more educational courses and bring into more talent to strengthen its operations.