With the advancement of technology, innovation and digitization, everything nowadays has been just a few clicks away. Same goes for the education segment. In today’s world, where e-learning is as easy as a click, e-learning platforms are becoming the superheroes of education. One such emerging e-learning platform among all is BlueLearn. With the passage of time, this platform is gaining recognition among the students. Let’s get into the details of BlueLearn funding, valuation and the shareholders who became a part of the company by investing in it.
The traditional education learning system has been serving well for centuries, but the world is changing faster than ever, with the innovation of e-learning platforms.
Let’s get started with the discussion!
BlueLearn Company Overview
BlueLearn, is the e-learning platform, made by the students community that offers a one-stop platform for the students. They offer to learn new skills, internships, apply for work, to form a network among their peers and to grow their network. Founded in 2021.
|Name of the Company||BlueLearn|
|Founders||Harish Uthayakumar & Shreyans Sancheti|
|Headquarter||Bengaluru, Karnataka, India|
|Legal Name||Clinify Private Limited|
|Members associated||150,000+ members|
|Valuation (2022)||$10.8 million|
|Funding (2023)||$3.5 million|
BlueLearn is 100% free to use. Only thing required is a good internet connection and an app downloaded. A community made for the betterment of students by the students.
Note: We also have a detailed article on other e-learning platform, Vedantu. To know more about Vedantu funding, valuation, and shareholders breakdown 2023. Visit it once!
BlueLearn Funding Overview
Apart from being a student platform that is free to use and work. BlueLearn has attracted a substantial amount and attention of investors in the industry.
The startup is on its way to achieve more heights with new funding rounds that’ll boost up the company’s growth.
|YEAR||SERIES ROUND||MONEY GROWTH||INVESTORS|
|May 16, 2021||Pre Series Round||$2.5 million||100X.VC|
|July 1, 2021||Seed Round||(undisclosed)||(undisclosed)|
|August 10, 2021||Pre Seed Round||$450k||Lightspeed|
|February 8, 2023||Seed Round||$3.5 million||Elevation capital, |
Lightspeed India Partners
BlueLearn reportedly raised a total of $4 million in funding rounds. Funded by 16 investors as of now. In its latest funding round, 8 investors participated, some of them are – Elevation Capital, Lightspeed India, Rohit Bansal, 2am VC, Sanjeev Barnwal, Awais Ahmed, Titan Capital, Vidit Aatrey,
Latest funding round took place February 8, 2023, through seed round funding.
As seen above, BlueLearn has attracted a good amount of funding till date post its establishment in 2021. Along with having good funding rounds, BlueLearn has also raised its valuation to a good mark. As of August 12, 2022, BlueLearn’s valuation is $10.8 million.
BlueLearn is all set to strategize their funds and to use them to strengthen their platform and to grow their user base by 10X times more of it.
For this the company has already started its quest for hiring perfect individuals for their core team, in different categories like , tech, marketing, product development, and more.
However, after the latest funding round on February 8, 2023, the valuation amount of the company remains undisclosed.
BlueLearn Shareholders Pattern
Apart from having a good amount of investors, BlueLearn too holds a diverse group of shareholders like any other e-learning startup. Each of them reflects a different take on the company’s growth and success.
|SHAREHOLDERS NAME||PERCENTAGE OF SHARES OWNED|
Founders of the company hold the majority of the shares of 61.24%, however their net worth remains undisclosed. Their collective efforts and investments have taken the company to achieve new heights and success. Also contributed to become a recognized name in the e-learning industry.
At the end of this discussion, it’s been evident that BlueLearn has attracted and raised a good amount of money for its business, just within a short span of time. Their commitment to provide quality options to students, whether for work related or for learning purposes, has made them acquire the trust of the students and to emerge as one of the e-learning platforms in India.
BlueLearn is well-positioned to fuel its growth and innovation with their solid funding’s, valuation, and along with the diverse group of shareholders.