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Ethena Raises $30 Million in Series B

Ethena a Brooklyn, N.Y.-based a modern compliance training platform, announced it raised a $30 million Series B,

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by Ben Murray
Ethena Raises $30 Million in Series B

Ethena a Brooklyn, N.Y.-based a modern compliance training platform, announced it raised a $30 million Series B,

The round was led by Lachy Groom, with participation from existing investors including Felicis, Neo, Homebrew, and others. They've also welcomed angel investors including Jack Altman, Mathilde Collin, William Hockey, Gretchen Howard, and Claire Johnson.

Ethena will use the capital to build out additional compliance product lines and expand its core training technology.

Company: Ethena, Inc

Raised: $30.0M

Round: Series B

Funding Month: June 2022

Lead Investors: Lachy Groom

Additional Investors: Felicis, Neo, Homebrew, Jack Altman, Mathilde Collin, William Hockey, Gretchen Howard, and Claire Johnson

Company Website: https://www.goethena.com/

Software Category: Modern Compliance Training platform

About the Company: Founded in 2019, Ethena provides innovative, effective training for companies. Instead of just checking a box, Ethena training builds ethical and inclusive company cultures while providing admins with a seamless software experience to navigate the increasingly complex web of compliance training requirements. Ethena was founded by Roxanne Petraeus and Anne Solmssen, who drew upon their diverse backgrounds in the U.S. Army, consulting, and startups to reinvent the stuffy world of corporate training. 

Source: https://www.prnewswire.com/news-releases/modern-compliance-training-startup-ethena-announces-30-million-series-b-301563027.html

Ben Murray profile image
by Ben Murray

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