Trainual is a SaaS platform that modernizes how businesses onboard, train and scale teams by enabling interactive, self-led training content and a centralized company playbook. The platform organizes company knowledge in one easy-to-access interface to make building a business playbook simpler. Spurred by remote work, Trainual doubled year-over-year revenue over the past year and now powers operations at more than 5,500 businesses across 177 countries. The company closed a $27M Series B and will use the proceeds to double down on product innovations. To support growth, Trainual plans to hire more than 50 new roles across departments over the next year. Total funding after the round is $33.75M. Trainual offers a SaaS-based Business Knowledge Transfer platform that lets companies design interactive training manuals, test employee knowledge, and build scalable processes. The product targets the shift away from legacy, paper-based onboarding by providing a streamlined, digital solution for training and process documentation. The company reports deployment in over 3,000 organizations across more than 100 countries and experienced over 500% year-over-year growth in 2019. Trainual plans to use new funding to accelerate product development, grow customer success resources, and expand and diversify its global marketing initiatives. The company also plans to hire an additional 50 employees by the end of 2020. The platform is positioned to serve a wide spectrum of vertical industries seeking to standardize employee onboarding and knowledge transfer.

Total raised

$34M

Funding rounds

2

Latest round

Series B

Latest activity

Jun 2021