About GrowthSpace
GrowthSpace is a company based in Tel Aviv (Israel) founded in 2018 by Izhak Kedar, Omer Glass, and Dan Terner.. GrowthSpace has raised $40 million across 2 funding rounds from investors including Zeev Ventures, M12 and Vertex Ventures Israel. GrowthSpace offers products and services including 1:1 Skill Development, Group Skill Development, Workshops, and Internal Mentoring. GrowthSpace operates in a competitive market with competitors including BetterUp, Chronus, MentorcliQ, Torch Leadership Labs and Sharpist, among others.
- Headquarter Tel Aviv, Israel
- Founders Izhak Kedar, Omer Glass, Dan Terner
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Sectors
Technology
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Growthspace Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$40 M (USD)
in 2 rounds
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Latest Funding Round
$25 M (USD), Series B
Aug 16, 2022
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Investors
Zeev Ventures
& 2 more
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Employee Count
Employee Count
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Products & Services of GrowthSpace
GrowthSpace offers a comprehensive portfolio of products and services, including 1:1 Skill Development, Group Skill Development, Workshops, and Internal Mentoring. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Personalized one-on-one expert sessions for individual skill enhancement
Team-based sessions to build group skills and performance
Interactive sessions for focused skill training and knowledge sharing
In-house guidance programs for employee growth and development
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Funding Insights of GrowthSpace
GrowthSpace has successfully raised a total of $40M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in August 2022. 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 Total Funding
- Total Rounds 2
- Last Round Series B — $25.0M
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First Round
First Round
(22 Sep 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series B - GrowthSpace | Valuation | Zeev Ventures | |
| Sep, 2021 | Amount | Series A - GrowthSpace | Valuation | M12 , Vertex Ventures Israel |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in GrowthSpace
GrowthSpace has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Zeev Ventures, M12 and Vertex Ventures Israel. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments in early-stage startups are made by Zeev Ventures.
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Founded Year | Domain | Location | |
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Venture capital investments in technology startups are facilitated by M12.
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Founded Year | Domain | Location | |
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Tech focused early stage VC firm investing in Israel
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GrowthSpace
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GrowthSpace
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Growthspace Comparisons
Competitors of GrowthSpace
GrowthSpace 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 BetterUp, Chronus, MentorcliQ, Torch Leadership Labs and Sharpist, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
One-on-one coaching for professionals is provided through technology.
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| domain | founded_year | HQ Location |
Corporate training is enabled via a SaaS mentoring platform.
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| domain | founded_year | HQ Location |
Cloud-based platform for enterprise mentorship programs is utilized.
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| domain | founded_year | HQ Location |
Online platform for performance management
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| domain | founded_year | HQ Location |
Mobile-based mentorship platform provider
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| domain | founded_year | HQ Location |
Cloud-based personality assessments are used for career guidance.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Growthspace
Frequently Asked Questions about GrowthSpace
When was GrowthSpace founded?
GrowthSpace was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is GrowthSpace located?
GrowthSpace is headquartered in Tel Aviv, Israel.
Who is the current CEO of GrowthSpace?
Omer Glass is the current CEO of GrowthSpace. They have also founded this company.
Is GrowthSpace a funded company?
GrowthSpace is a funded company, having raised a total of $40M across 2 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Sep 22, 2021.
What does GrowthSpace do?
GrowthSpace was founded in 2018 in Tel Aviv, Israel, as a cloud-based platform focused on employee learning and development in the HR technology sector. Artificial intelligence is utilized for features including topic selection, mentor-mentee matching, session scheduling, and performance tracking. Operations are centered on enabling enterprises to facilitate structured mentorship programs across global teams.
Who are the top competitors of GrowthSpace?
GrowthSpace's top competitors include Torch Leadership Labs, BetterUp and Chronus.
What products or services does GrowthSpace offer?
GrowthSpace offers 1:1 Skill Development, Group Skill Development, Workshops, and Internal Mentoring.
Who are GrowthSpace's investors?
GrowthSpace has 3 investors. Key investors include Zeev Ventures, M12, and Vertex Ventures Israel.