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BenchPrep - About the company

BenchPrep is a series C company based in Chicago (United States), founded in 2009 by Ashish Rangnekar. It operates as a Learning management system empowering organizations to deliver impactful learning experiences. BenchPrep has raised $30.7M in funding from investors like New Enterprise Associates, Lightbank and Owl Ventures. The company has 5720 active competitors, including 337 funded and 329 that have exited. Its top competitors include companies like Workday, Cornerstone and Kronos.

Company Details

Learning management system empowering organizations to deliver impactful learning experiences. The platform provides solutions for certification training, exam preparation, and continuing education. It offers a comprehensive suite of products including learning technology, administrative tools, reporting and data analytics, and content management. Professional services and integrations are also available. The platform caters to associations, credentialing bodies, and training companies, supporting personalized learning paths and real-time data insights. It facilitates exam prep, practice exams, microcredentials, and more, driving revenue, program growth, and learner engagement. The system focuses on delivering value through an intuitive and engaging experience, ensuring learners are well-prepared for exams and ongoing professional development. It leverages data analytics to optimize content and provide targeted support. The platform offers features like login, request a demo, pricing, and subscription options. It is a cloud-based software solution.
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Email ID
*****@benchprep.com
Phone Number
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Key Metrics
Founded Year
2009
Location
Chicago, United States
Stage
Series C
Total Funding
$30.7M in 5 rounds
Latest Funding Round
Ranked
Employee Count
51 as on Aug 31, 2026
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BenchPrep's funding and investors

BenchPrep has raised a total funding of $30.7M over 5 rounds. Its first funding round was on Sep 18, 2011. BenchPrep has 7 institutional investors.

Here is the list of recent funding rounds of BenchPrep:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 08, 2025
2115515
Series C
3209057
8515038
4122353
3389325
Jan 15, 2019
7254501
Venture Debt
1778816
6844271
1809278
8994980
Jan 15, 2019
7702981
Series C
9754572
1838769
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BenchPrep's founders and board of directors

Founder? Claim Profile
The founders of BenchPrep is Ashish Rangnekar.
Here are the details of BenchPrep's key team members:

BenchPrep's employee count trend

BenchPrep has 51 employees as of Aug 26. Here is BenchPrep's employee count trend over the years:
Employee count trend for BenchPrep
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BenchPrep's Competitors and alternates

Top competitors of BenchPrep include Workday, Cornerstone and Kronos. Here is the list of Top 10 competitors of BenchPrep, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Workday
Workday
2005, Pleasanton (United States), Public
Developer of cloud software for human resources finance and operations
$352M
88/100
2nd
Logo for Cornerstone
Cornerstone
1999, Santa Monica (United States), Acquired
Provider of a platform for talent experience and workforce agility
$64.4M
85/100
3rd
Logo for Kronos
Kronos
1977, Lowell (United States), Acquired
Provider of HCM software solutions for enterprises
$855M
81/100
4th
Logo for Go1
Go1
1998, Brisbane (Australia), Series D
Cloud-based LMS platform for multi-industry
$430M
80/100
5th
Logo for Deel
Deel
2019, San Francisco (United States), Series E
Provider of human resources and international payroll compliance software tools
$986M
79/100
6th
Logo for GreytHR
GreytHR
1994, Bengaluru (India), Acquired
Provider of cloud based human resource management system and payroll software.
$47.4M
79/100
7th
Logo for Factorial
Factorial
2016, Barcelona (Spain), Series D
Provider of business management software for human resources and finance
$369M
78/100
8th
Logo for PeopleStrong
PeopleStrong
2005, Gurugram (India), Acquired
Provider of human capital management platform offering integrated HR solutions
$30.7M
78/100
9th
Logo for Remote
Remote
2019, Amsterdam (Netherlands), Series C
Provider of employment infrastructure for payroll compliance and contractor management
$506M
77/100
10th
Logo for Dayforce
Dayforce
2008, Toronto (Canada), Acquired
Developer of human capital management software providing HR and talent solutions
$30M
77/100
67th
Logo for BenchPrep
BenchPrep
2009, Chicago (United States), Series C
Learning management system empowering organizations to deliver impactful learning experiences
$30.7M
59/100
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BenchPrep's Investments and acquisitions

BenchPrep has made no investments or acquisitions yet.

Reports related to BenchPrep

Here is the latest report on BenchPrep's sector:

News related to BenchPrep

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