About Simplilearn
Simplilearn is a company based in San Francisco (United States) founded in 2010 by Archana Kumari, Kashyap Dalal, and Krishna Kumar was acquired by Blackstone in July 2021.. Simplilearn has raised $80.82 million across 8 funding rounds from investors including Blackstone, Timesgroup and Clal Insurance. The company has 1,661 employees as of May 11, 2024. Simplilearn has completed 2 acquisitions, including Fullstack Academy and Market Motive. Simplilearn offers products and services including PMP Certification Training, Certified ScrumMaster Course, AI and Machine Learning Program, Data Analytics Certification, and Digital Marketing Program. Simplilearn operates in a competitive market with competitors including upGrad, Unstop, Imarticus Learning, Reforge and Emeritus, among others.
- Headquarter San Francisco, United States
- Employees 1661 as on 11 May, 2024
- Founders Archana Kumari, Kashyap Dalal, Krishna Kumar
- Stage Minicorn
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Sectors
Education
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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 Simplilearn Solutions Private Limited
- Date of Incorporation 08 Apr, 2010
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$84.24 M (USD)42.16as on Mar 31, 2023
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Net Profit
$-29.37 M (USD)-62.98as on Mar 31, 2023
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EBITDA
$-26.19 M (USD)-45.1as on Mar 31, 2023
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Total Equity Funding
$80.82 M (USD)
in 8 rounds
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Latest Funding Round
$45.5 M (USD), Series E
Nov 16, 2022
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Investors
Blackstone
& 15 more
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Employee Count
1661
as on May 11, 2024
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Investments & Acquisitions
Fullstack Academy
& 1 more
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Acquired by
Blackstone
(Jul 19, 2021)
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Products & Services of Simplilearn
Simplilearn offers a comprehensive portfolio of products and services, including PMP Certification Training, Certified ScrumMaster Course, AI and Machine Learning Program, Data Analytics Certification, and Digital Marketing Program. 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.
Program for project management certification and skills enhancement.
Training for agile methodologies and team management practices.
Courses on AI technologies for practical application in industries.
Training in data tools and analysis for decision-making.
Courses covering digital strategies and online promotion techniques.
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Funding Insights of Simplilearn
Simplilearn has successfully raised a total of $80.82M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $45.5 million completed in November 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 8
- Last Round Series E — $45.5M
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First Round
First Round
(01 Mar 2012)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Series E - Simplilearn | Valuation | GSV Ventures | |
| Aug, 2021 | Amount | Series C - Simplilearn | Valuation | Brand Capital , Timesgroup |
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| Jan, 2021 | Amount | Series C - Simplilearn | Valuation | Brand Capital , Timesgroup |
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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 |
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Investors in Simplilearn
Simplilearn has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Blackstone, Timesgroup and Clal Insurance. 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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Ed-tech startups are funded by GSV Ventures through venture capital.
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Founded Year | Domain | Location | |
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Early and late-stage startups are supported by venture capital-backed studio.
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Founded Year | Domain | Location | |
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ADQ is recognized as a leading sovereign investor focused on sustainable economic transformation in Abu Dhabi.
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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 Simplilearn
Simplilearn has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Fullstack Academy and Market Motive. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Web development skills are taught through blended online-offline courses.
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2012 | ||||
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Online digital marketing courses are delivered to professionals.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Simplilearn
| 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 |
Simplilearn Comparisons
Competitors of Simplilearn
Simplilearn 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 upGrad, Unstop, Imarticus Learning, Reforge and Emeritus, 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 |
Professional certification training courses are provided via an online platform.
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| domain | founded_year | HQ Location |
Online platform for talent engagement and skill based hiring
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| domain | founded_year | HQ Location |
Job-oriented courses and programs are offered to professionals and freshers.
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| domain | founded_year | HQ Location |
Online platform providing career accelerator learning programs
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| domain | founded_year | HQ Location |
Provider of online professional development courses
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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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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 Simplilearn
Frequently Asked Questions about Simplilearn
When was Simplilearn founded?
Simplilearn was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Where is Simplilearn located?
Simplilearn is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Simplilearn?
Krishna Kumar is the current CEO of Simplilearn. They have also founded this company.
Is Simplilearn a funded company?
Simplilearn is a funded company, having raised a total of $80.82M across 8 funding rounds to date. The company's 1st funding round was a Series C of $530.35K, raised on Mar 01, 2012.
How many employees does Simplilearn have?
As of May 11, 2024, the latest employee count at Simplilearn is 1,661.
What is the annual revenue of Simplilearn?
Annual revenue of Simplilearn is $84.24M as on Mar 31, 2023.
What does Simplilearn do?
Simplilearn was founded in 2010 and is headquartered in San Francisco, United States. Operations focus on edtech, with a mobile-based platform used to deliver professional certification programs. Courses span categories such as IT service management, IT security, finance, and quality management. Services include online training, blended classroom options, exam practice tests, capstone projects, case studies, and virtual labs to support skill development.
Who are the top competitors of Simplilearn?
What products or services does Simplilearn offer?
Simplilearn offers PMP Certification Training, Certified ScrumMaster Course, AI and Machine Learning Program, Data Analytics Certification, and Digital Marketing Program.
How many acquisitions has Simplilearn made?
Simplilearn has made 2 acquisitions, including Fullstack Academy, and Market Motive.
Who are Simplilearn's investors?
Simplilearn has 16 investors. Key investors include Blackstone, Timesgroup, Clal Insurance, InnoVen Capital, and GSV Ventures.
What is Simplilearn's valuation?
The valuation of Simplilearn is $604.54M as of Nov 2022.
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