EdCast

Mountain View, United States Founded: 2013 • Age: 13 yrs Acquired By Cornerstone
Cloud-based AI-powered learning platform is delivered to corporations.

About EdCast

EdCast is a Technology company based in Mountain View (United States) founded in 2013 by Karl Mehta, and was acquired by Cornerstone in March 2022. Cloud-based AI-powered learning platform is delivered to corporations. EdCast has raised $128.22 million across 6 funding rounds from investors including Cornerstone, SoftBank Group and Leland Stanford Junior University. The company has 211 employees. EdCast has completed 3 acquisitions, including Leapest, Sales University and Sociative. Its chief executive, as recorded, is Karl Mehta. Its website edcast.com draws about 812 thousand monthly visits. Its Indian entity Cornerstone Ondemand Enterprise India Private Limited reported revenue of β‚Ή630 Cr. EdCast offers products and services including EdCast LXP, MyGuide, and Spark. Its focus areas include Enterprise Applications, HRTech, Workforce Analytics and Competency Management. Its competitors include Cornerstone, Korn Ferry and ActivTrak; 2 of its 3 listed competitors have raised funding.

Company details

EdCast was founded in 2013 in Mountain View, United States, as a provider in the edtech sector. A cloud-based AI platform is offered for corporate learning experiences, where content creation and sharing are facilitated among users, peers, and managers. Access to learning materials is enabled both online and offline. Clients such as NSE Academy and IIFL are served through these operations.

Key Metrics
  • Indian entity revenue
    ₹630 Cr

    FY 2025 · +14% YoY

  • Indian entity net profit
    ₹63.78 Cr

    FY 2025 · 10% margin

  • Indian entity EBITDA
    ₹98.47 Cr

    FY 2025 · 16% margin

  • Total Equity Funding
    $128.22M (USD)

    in 6 rounds

  • Latest Funding Round
    $35M (USD), Series D

    Dec 2019

  • Investors
    Cornerstone

    & 17 more

  • Employee Count
    211
  • Investments & Acquisitions
    Leapest

    & 2 more

  • Acquired by
    Cornerstone

    (Mar 2022)

Products & Services of EdCast

EdCast offers a comprehensive portfolio of products and services, including EdCast LXP, MyGuide, and Spark.

EdCast LXP
Learning Platform

AI-powered tool for personalized employee learning and skilling

MyGuide
Digital Adoption

Platform for in-app assistance and workflow automation

Spark
Learning for SMBs

Mobile app providing personalized content for skill development

Funding Insights of EdCast

EdCast has successfully raised a total of $128.22M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $35 million completed in December 2019. 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.

  • Total Funding $128.22M
  • Total Rounds 6
  • Last Round Series D β€” $35M
  • First Round $6M

    (Sep 2014)

  • Investors Count 17

All 6 funding rounds of EdCast with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2019$35MSeries D–Avathon Capital
Nov 2019$27MSeries C––
–
Dec 2018$33.6MSeries C–REV, The London Fund
–
Apr 2018$10.62MSeries B––
–
Apr 2016$16MSeries B–State Street Global Advisors
Sep 2014$6MSeries A–SoftBank Capital
Valuation history

18 investors in total: 18 institutional.

Investors in EdCast

EdCast has secured backing from 18 investors, including venture fund and institutional investors. Prominent investors backing the company include Cornerstone, SoftBank Group and Leland Stanford Junior University.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital investments are directed toward technology companies.
ngpartners.comLos Gatos, United States
Early to late-stage tech investments are made globally by REV.
rev.vcLondon, United Kingdom
Private equity investments are directed toward multiple sectors.
avathoncapital.comChicago, United States
Private equity firm
sterlingpartners.comChicago, United States
Venture capital firm investing in early & growth-stage companies
thelondonfund.comLondon, United Kingdom
A community-focused entity is operated for collective impact initiatives.
mistletoe.coSingapore, Singapore
Business consulting services are provided by Cervin to various clients.
cervin.comPalo Alto, United States
Startups are accelerated by Stanford-backed program in Palo Alto.
startx.comPalo Alto, United States
Early-stage investments in tech companies are made globally.
softbankvc.comNew York, United States
Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
menlovc.com
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Investor details for EdCast

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Verified entity values are shown only after access is granted.

Board of directors of Cornerstone Ondemand Enterprise India Private Limited (EdCast)

Cornerstone Ondemand Enterprise India Private Limited is the primary company behind EdCast. The board of Cornerstone Ondemand Enterprise India Private Limited currently have 2 directors; the longest-serving is Shanna Jane Helen Laughton, appointed in 2023. 11 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Shanna Jane Helen Laughton
DIN 07909734
Director24 Feb 20233 yrs 8 moCornerstone Ondemand Enterprise India Private Limited
Kiran Arun Bhorkar
DIN 08490310
Director28 May 20251 yr 5 moCornerstone Ondemand Enterprise India Private Limited

People of EdCast

45 people are tracked at EdCast (10 in leadership, 6 in board & advisors, 29 in team); the tracked headcount is 211.

NameRoleGroup
Karl Mehta
Founder & CEOLeadership
Treman
Director of Enterprise SolutionsLeadership
Bhaskar Deka
SVP, Global Head of Products & Data ScienceLeadership
Ashish Mehta
Customer Success DirectorLeadership
Taimoor Shaukat (MLPI)
EMEA Director Customer SuccessLeadership
Nishchae Suri
President, AMEALeadership
Michael Russo
Director, Account GrowthLeadership
Roger Chen
Director Of SalesLeadership
Bhaven Shah
Senior Director Of Product ManagementLeadership
Becky Repko
Sales Director, Enterprise SolutionsLeadership
Stephanie Tilenius
AdvisorBoard & advisors
Roger Novak
AdvisorBoard & advisors
Adam Braun
AdvisorBoard & advisors
Kevin Oakes
AdvisorBoard & advisors
Mitch Kapor
AdvisorBoard & advisors
Jeffrey Sachs
AdvisorBoard & advisors
Dushyant Sharma
Manager Global Customer Success SupportTeam
Michael J. Marino
Senior Customer Success ManagerTeam
Martin Gurney
Customer Success ManagerTeam
Meenakshi Khanna
Senior Manager Product ManagementTeam

25 more people are available in the full profile.

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Complete people profiles for EdCast

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Financials of EdCast

Figures of Cornerstone Ondemand Enterprise India Private Limited, the primary company behind EdCast, for FY 2025. Revenue was ₹630 Cr (+14% year on year). Net profit was ₹63.78 Cr (10% margin). EBITDA was ₹98.47 Cr (16% margin). Revenue has grown at a compounded annual rate of +116% over three years and +88% over five years.

  • ₹630 CrRevenue · FY 2025 · +14% YoY
  • ₹63.78 CrNet profit · 10% margin
  • ₹98.47 CrEBITDA · 16% margin
  • ₹17.5 LakhPaid-up capital
  • 211Employees (provident fund records)
  • +116%Revenue CAGR, 3 years
  • +88%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Cornerstone Ondemand Enterprise India Private Limited are on its company page.

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Detailed financial statements for EdCast

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

Verified entity values are shown only after access is granted.

Investments & Acquisitions by EdCast

EdCast has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Leapest, Sales University and Sociative.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Online platform connecting buyers and sellers in corporate training industry
leapest.comRotterdam, Netherlands2016Feb 2019β€’β€’β€’β€’
Digital services are provided from Corte Madera since 2009.
sociative.netCorte Madera, United States2009Jun 2017β€’β€’β€’β€’
Sales and in-app product training is delivered through mobile platforms.
salesu.ioSunnyvale, United States2011May 2016β€’β€’β€’β€’
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Complete acquisition details for EdCast

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  • Deal sources
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  • Exports

Verified entity values are shown only after access is granted.

Timeline of EdCast

7 dated milestones of EdCast across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded EdCast is founded.
  2. Funding First funding round of $6.0M.
  3. Acquisition Acquires Sales University.
  4. Acquisition Acquires Sociative.
  5. Acquisition Acquires Leapest.
  6. Funding Latest funding round, Series D, of $35.0M.
  7. Exit Acquired by Cornerstone.

Competitors of EdCast

EdCast has 3 listed competitors in our database, 2 of them funded. They include Cornerstone, Korn Ferry and ActivTrak.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cornerstoneondemand.com1999Santa Monica, United States$87.95M1,204
Cloud-based HRMS platform powered by AI for workforce management.
kornferry.com1969Los Angeles, United States8,678
Talent acquisition and consulting services are provided globally.
activtrak.com2012Dallas, United States$70M41
Workforce analytics solutions are provided for employee monitoring and productivity.
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Detailed competitors of EdCast

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Verified entity values are shown only after access is granted.

Web traffic of EdCast

The website of EdCast (edcast.com) receives about 812.3K visits a month.

  • Monthly visits
    812.3K

    ▲ 40.5% vs previous month

Similar websites

Websites whose visitors overlap most with EdCast. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
microsoft.com
100%
1.2B#33View details
github.com
91%
542.6M#65View details
getadblock.com
84%
#487View details
myworkday.com
myworkday.com
80%
#420–
cisco.sharepoint.com
cisco.sharepoint.com
79%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 31 similar websites and full traffic analytics for EdCast

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  • 31 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in HR & Workforce Technology

3 companies that operate in the same segment as EdCast (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Anonymous employee reviews and job search platform are operated.
2007San Francisco, California, United StatesUSD 201.5 M1,695
Cloud-based LMS platform for IT industry
2004Farmington, Utah, United StatesUSD 235.41 MUSD 4.95 M1,774
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
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Related news about Edcast

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Frequently Asked Questions about EdCast

EdCast was founded in 2013 and raised its 1st funding round 1 year after it was founded.

EdCast is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.

Karl Mehta is the CEO of EdCast, as recorded in our data. They have also founded this company.

EdCast is a funded company, having raised a total of $128.22M across 6 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Sep 2014.

EdCast has 211 employees.

The primary company behind EdCast, Cornerstone Ondemand Enterprise India Private Limited, reported revenue of β‚Ή630 Cr for FY 2025, up 14% year on year.

EdCast was founded in 2013 in Mountain View, United States, as a provider in the edtech sector. A cloud-based AI platform is offered for corporate learning experiences, where content creation and sharing are facilitated among users, peers, and managers. Access to learning materials is enabled both online and offline. Clients such as NSE Academy and IIFL are served through these operations.

EdCast's top competitors include Cornerstone, Korn Ferry and ActivTrak.

EdCast offers EdCast LXP, MyGuide, and Spark.

EdCast has made 3 acquisitions, including Leapest, Sales University, and Sociative.

EdCast operates through Cornerstone Ondemand Enterprise India Private Limited.

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