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Modern Compliance Training Startup Ethena Announces $30 Million Series B

PRIVATEJun 07, 2022

Amount Raised

$30 Million

Round Type

Series B

BrooklynOtherSoftwareMedia And EntertainmentEducation

Description

Ethena, a modern compliance training platform, announced it raised a $30 million Series B, 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. It will use the capital to build out additional compliance product lines and expand its core training technology.

Quick answer

Ethena raised $30 Million in a Series B round, dated June 7, 2022. Ethena is based in Brooklyn, New York, United States.

How much did Ethena raise?
Ethena raised $30 Million in a Series B round on June 7, 2022.
What does Ethena do?
The company applies its innovative content and delivery method — bite-sized compliance trainings delivered over time via Slack or email— to a variety of topics.
Where is Ethena based and how big is it?
Ethena is based in Brooklyn, New York, United States.

Source: Fundz verified event record.

Who else raised in Media And Entertainment and Education around the same time

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

  • Go1 raised $100M (Funding Round) on June 6, 2022.
  • Odilo raised $64M (Funding Round) on June 1, 2022.
  • Impact Venture Capital raised $20M (Series B) on July 21, 2022.
  • Carats & Cake raised $20M on July 20, 2022.
  • xQ raised $1.4M (Seed) on July 20, 2022.
  • Vasta raised an undisclosed amount on July 19, 2022.

Who to call at Ethena, and when

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

  • An alert the day Ethena raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Ethena, from your own LinkedIn network

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Company Information

Company

Ethena

Location

Brooklyn, New York, United States

About

The company applies its innovative content and delivery method — bite-sized compliance trainings delivered over time via Slack or email— to a variety of topics. Ethena provides innovative, effective training for companies. 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.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Ethena raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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