Fundz

Administrate, An Enterprise Training Operations Platform, Raises $6.4M To Automate & Solve Complex Training Logistics

PRIVATEJul 11, 2023

Amount Raised

$6.4 Million

Round Type

Funding Round

BozemanSoftwareEducationEnterprise SoftwareE LearningCorporate TrainingSaaS

Investors

Hambro PerksScottish Investment BankMerciaArchangels

Description

Administrate, the leading enterprise training operations platform, announced today that it had raised $6.4 million from existing investors Archangels, Mercia, and the Scottish Investment Bank, and that it had welcomed Hambro Perks as a new capital partner. Funds will be deployed to support the company's rapid growth and continue to meet the needs of its diverse and growing North American enterprise customer base.

Quick answer

Administrate raised $6.4 Million in a Funding Round round, dated July 11, 2023. Investors: Hambro Perks, Scottish Investment Bank, Mercia and Archangels. Administrate is based in Bozeman, Montana, United States.

How much did Administrate raise?
Administrate raised $6.4 Million in a Funding Round round on July 11, 2023.
Who invested in Administrate?
Hambro Perks, Scottish Investment Bank, Mercia and Archangels are named as investors in this round.
What does Administrate do?
Administrate is a training management platform that helps enterprises streamline their learning and development function through our comprehensive, configurable, cloud-based software.
Where is Administrate based and how big is it?
Administrate is based in Bozeman, Montana, United States.
Who are the decision-makers at Administrate?
Fundz holds 1 contact at Administrate. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Education and Enterprise Software around the same time

Companies in the same sectors as Administrate that raised within 45 days of this round, from Fundz verified event records.

  • Modal raised $16M on June 23, 2023.
  • Aily Labs raised $21M (Series A) on August 24, 2023.
  • Pryor raised an undisclosed amount (Funding Round) on August 15, 2023.
  • Tangram Flex, Inc. raised $2M (Seed) on August 11, 2023.
  • Osano raised $25M (Series B) on August 10, 2023.
  • Tracer Labs raised $18M (Series A) on August 10, 2023.

Who to call at Administrate, and when

A new round usually means Administrate is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at Administrate, from your own LinkedIn network

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Company Information

Company

Administrate

Location

Bozeman, Montana, United States

About

Administrate is a training management platform that helps enterprises streamline their learning and development function through our comprehensive, configurable, cloud-based software. Administrate equips organizations to drive their training and learning function efficiently and effectively against key business results, and is trusted by hundreds of companies and millions of learners.

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