Trainual is a Scottsdale, Ariz. – founded SaaS platform that allows businesses to join, train and expand their teams; it has closed the $27 million Series B financing.
The funding round brought the total investment to $33.75m. Altos Ventures managed it, with participation from The Shark Group CEO Daymond John The Indeed Chairman and Co-Founder Rony Kahan PandaDoc President Mikita Mikado, TSheets Co-Founder Matt Rissell 8×8’s Chief Executive Officer David Sipes, 4490 Ventures, MATH Venture Partners and PHX Ventures.
Trainual Raises $27M in Series B Funding
The company plans to utilize the funds to fill over 50 new positions across all departments during the next few years. Expand its product innovation efforts as well as its reach in business.
Directed by Chris Ronzio, Founder and CEO, Trainual provides a platform for small-sized businesses to join to train, scale and grow teams. Many small-scale businesses across 177 countries have created their business plans and expanded their teams using Trainual’s solutions.
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