Trainual, a Scottsdale, Ariz. – based SaaS platform for businesses to onboard, train, and scale their workforce, has raised $27 million in Series B funding.
The round was led by Altos Ventures, with participation from The Shark Group CEO Daymond John, Indeed Co-Founder and Chairman Rony Kahan, PandaDoc CEO Mikita Mikado, TSheets Co-Founder Matt Rissell, 8×8 CEO David Sipes, 4490 Ventures, MATH Venture Partners, and PHX Ventures.
The company plans to use the funding to fill more than 50 new positions across all departments. increase the company's product innovation initiatives as well as its market reach
Company: Trainual, Inc.
Raised: $27.0M
Round: Series B
Funding Month: June 2021
Lead Investors: Altos Ventures
Additional Investors: The Shark Group CEO Daymond John, Indeed Co-Founder and Chairman Rony Kahan, PandaDoc CEO Mikita Mikado, TSheets Co-Founder Matt Rissell, 8×8 CEO David Sipes, 4490 Ventures, MATH Venture Partners, and PHX Ventures
Company Website: https://www.trainual.com/
Software Category: SaaS platform
About the Company: Trainual is a software platform that helps businesses build playbooks to train and grow their team. With the Trainual app, companies can centralize knowledge, organize every process, policy and SOP, and create learning systems to streamline the onboarding and training process while making knowledge transfer simple.
Source: https://www.finsmes.com/2021/06/trainual-raises-27m-in-series-b-funding.html