About EdCast
EdCast is a company based in Mountain View (United States) founded in 2013 by Karl Mehta was acquired by Cornerstone in March 2022. 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 as of March 22, 2024. EdCast has completed 3 acquisitions, including Leapest, Sales University and Sociative. EdCast offers products and services including EdCast LXP, MyGuide, and Spark. EdCast operates in a competitive market with competitors including Cornerstone, Multiverse, Korn Ferry, Visier and ActiveOps, among others.
- Headquarter Mountain View, United States
- Employees 211 as on 22 Mar, 2024
- Founders Karl Mehta
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Cornerstone Ondemand Enterprise India Private Limited
- Date of Incorporation 15 Oct, 2013
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$11.79 M (USD)57.02as on Mar 31, 2023
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Net Profit
-$771.66 K (USD)-344.86as on Mar 31, 2023
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EBITDA
$527.71 K (USD)208.52as on Mar 31, 2023
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Total Equity Funding
$128.22 M (USD)
in 6 rounds
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Latest Funding Round
$35 M (USD), Series D
Dec 12, 2019
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Investors
Cornerstone
& 17 more
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Employee Count
211
as on Mar 22, 2024
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Investments & Acquisitions
Leapest
& 2 more
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Acquired by
Cornerstone
(Mar 16, 2022)
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Products & Services of EdCast
EdCast offers a comprehensive portfolio of products and services, including EdCast LXP, MyGuide, and Spark.
AI-powered tool for personalized employee learning and skilling
Platform for in-app assistance and workflow automation
Mobile app providing personalized content for skill development
People of EdCast
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Customer Team
7 people
Advisor Team
6 people
Leadership Team
6 people
Product Management Team
6 people
Sales and Marketing
5 people
Software Development Team
4 people
Project Team
3 people
Manager Team
2 people
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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.
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.
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Venture capital investments are directed toward technology companies.
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Early to late-stage tech investments are made globally by REV.
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Private equity investments are directed toward multiple sectors.
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Investor details for EdCast
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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.
Investment portfolio details for EdCast
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online platform connecting buyers and sellers in corporate training industry
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Sales and in-app product training is delivered through mobile platforms.
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Locked | Locked | 2011 | Locked | |
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Digital services are provided from Corte Madera since 2009.
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Locked | Locked | 2009 | Locked |
Complete acquisition details for EdCast
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Verified entity values are shown only after access is granted.
Financial Statements - EdCast
Detailed financials for EdCast
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Edcast Comparisons
Peer comparison for EdCast
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Competitors of EdCast
EdCast 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 Cornerstone, Multiverse, Korn Ferry, Visier and ActiveOps, among others.
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Cloud-based HRMS platform powered by AI for workforce management.
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Apprenticeships are discovered online by non-graduates through a matching platform.
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Talent acquisition and consulting services are provided globally.
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Cloud-based workforce analytics and planning software is offered.
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Operations performance management is delivered for organizations.
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Detailed competitors of EdCast
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Edcast
Complete news archive for 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 current CEO of EdCast. They have also founded this company.
EdCast is a funded company, having raised a total of $128.22M across 6 funding rounds to date.
As of Mar 22, 2024, the latest employee count at EdCast is 211.
Annual revenue of EdCast is $11.79M as on Mar 31, 2023.
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 Multiverse, Cornerstone and Korn Ferry.
EdCast offers EdCast LXP, MyGuide, and Spark.
EdCast has made 3 acquisitions, including Leapest, Sales University, and Sociative.
EdCast has 18 investors. Key investors include Cornerstone, SoftBank Group, Leland Stanford Junior University, State Street Global Advisors, and Aarin Capital.