BenchPrep

Chicago, United States Founded: 2009 • Age: 17 yrs
Adaptive learning platform for test preparation and certifications is offered.
Annual revenue - Latest available
Total funding $30.7M 5 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About BenchPrep

BenchPrep is a company based in Chicago (United States) founded in 2009. BenchPrep has raised $30.72 million across 5 funding rounds from investors including Jump Capital, Owl Ventures and Revolution. BenchPrep offers products and services including LMS Software, Practice Exams Software, and Certification Training. BenchPrep operates in a competitive market with competitors including D2L, Degreed, Docebo, CoachHub and Skillsoft, among others.

  • Headquarter Chicago, United States
  • Sectors
    Education
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Education → Education Technology (EdTech) Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $30.72 M (USD)

    in 5 rounds

  • Latest Funding Round
    $2.52 M (USD), Series C

    Apr 08, 2025

  • Investors
  • Employee Count
    Not available
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Products & Services of BenchPrep

BenchPrep offers a comprehensive portfolio of products and services, including LMS Software, Practice Exams Software, and Certification Training.

Product name locked
Category locked
Primary

Platform for managing online courses and educational content.

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Tools for interactive exam practice and skill assessment.

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Services for delivering certification programs and professional training.

People of BenchPrep

Headcount 50-200
Employee Profiles 24
Employee Profiles
People
Ashish Rangnekar
Co-Founder & CEO
People
Gladys Han
Senior Product Marketing Manager
People
Nickolay Schwarz
CTO
People
Hideaki Obara
Creative Director

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Funding Insights of BenchPrep

BenchPrep has successfully raised a total of $30.72M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $2.52 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in BenchPrep

BenchPrep has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Jump Capital, Owl Ventures and Revolution.

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Venture Fund
Investor Description Founded Year Domain Location
Venture capital and funds of fund firm focused on multiple sectors
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Investments in edtech companies are made by Owl Ventures.
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Revolution is recognized as a D.C.-based investment firm.
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Investor details for BenchPrep

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by BenchPrep

Investments
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Investment portfolio details for BenchPrep

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  • Portfolio identities
  • Transaction dates
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Financial Statements - BenchPrep

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Detailed financials for BenchPrep

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Benchprep Comparisons

BenchPrep Primary company
Description
Adaptive learning platform for test preparation and certific...
Location
Chicago, United States
Founded Year
2009
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for BenchPrep

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Competitors of BenchPrep

BenchPrep operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as D2L, Degreed, Docebo, CoachHub and Skillsoft, among others.

Company Name Domain Founded year HQ Location Description
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Learning management systems are provided for multiple sectors.
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Cloud-based LMS platform tracks skills across industries.
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Cloud-based learning management system for corporate employee training is provided.
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Provider of online coaching and professional development solutions
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E-learning platforms are provided for professional skills and compliance training.
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Enterprise learning management systems are provided for training programs.
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Detailed competitors of BenchPrep

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Latest news on Benchprep

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Complete news archive for BenchPrep

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  • Older coverage
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Frequently Asked Questions about BenchPrep

BenchPrep was founded in 2009 and raised its 1st funding round 2 years after it was founded.

BenchPrep is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

BenchPrep is a funded company, having raised a total of $30.72M across 5 funding rounds to date.

BenchPrep is an adaptive learning platform where students corporates can study for any subject, from any publisher, on any device. BenchPrep works with publishers including McGraw Hill, John Wiley, and Princeton Review to create interactive and adaptive learning courses for standardized test prep, math, science, language, professional certifications, and more. Offers a comprehensive product toolkit including learning engine, content management, e-commerce BenchPrep was previously branded as Watermelon Express.

BenchPrep's top competitors include CoachHub, D2L and Docebo.

BenchPrep offers LMS Software, Practice Exams Software, and Certification Training.

BenchPrep has 6 investors. Key investors include Jump Capital, Owl Ventures, Revolution, NewView Capital, and NEA.

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