Educative raises $12 million in Series A funding

We founded Educative with the mission to make every developer more productive and successful. It was an inspirational rallying cry for the early few who helped us found the company. Along the way, we’ve been fortunate enough to work with millions of developers. We saw first-hand that developers need real hands-on training to succeed, and the market has responded with a resounding agreement.

That’s why we’re excited to announce the completion of our Series A funding round. Matrix Partners led the round of $12 million with additional funding from new and returning investors, including Trilogy Equity Partners, Lookout founder Kevin Mahaffey, Mercury founder Immad Akhund, Segment founder Ilya Volodarsky, and several other angel investors. For additional information, we hope you’ll read the news release that we published this morning.

The incredible support of the developers who rely on our courses to land new jobs and upskill themselves has humbled us. We are also thankful to our team and our investors for their continued support in expanding our mission.

We founded Educative on the idea of making every developer more productive. We’d like to spend a few moments sharing our plan to use this investment to help developers.

• We’re more than tripling our course offerings this year and building offerings for teams and enterprises that want to expand the skills of their employees.
• We recently launched our business-to-business offerings to target our enterprise customers and their needs. We have already seen traction and growth with paying customers of teams and organizations of all shapes and sizes, which validates our belief in the opportunity to grow in the enterprise space.
• We will continue to build the world-class courses you love – hands-on, in-browser exercises that help you learn and develop your skills in key and emerging technologies.

To facilitate this growth, we will be hiring more than 200 new employees in our Seattle headquarters and around the world.

Ultimately, our promise to you is that we’ll continue to invest in ways that we think help you be more productive and more successful. That was our mission on our first day, and this round of investment will help us accelerate in that commitment.

Thank you for your support, and as always…

Happy learning!

Fahim and Naeem, Co-Founders @ Educative