MobieTrain raises €4 million in new funding round

Funding Rounds

Summary

“Digitization accelerated at an incredible pace amidst the Covid pandemic, which explains the increased interest from VCs in HR Tech companies in Europe. Our mission of making learning accessible to all employees and thereby adding to their development has only just begun”, Guy Van Neck, CEO and founder of MobieTrain explains. “Not only can we further develop our platform with the new funding, but also offer it to an ever growing international audience.” Throughout the pandemic, MobieTrain was able to quadruple its company revenue and strengthen its solid position within the retail industry. The British-Belgian VC with its headquarters in London and an office in Antwerp, brings its experience of supporting rapidly growing businesses as well as an international network.“Through the combination of microlearning and gamification, MobieTrain achieves engagement rates and a level of knowledge retention that is seldom seen in digital training and communications”, says Wouter Volckaert, partner at Force Over Mass. “The strong international growth and enthusiasm of the great many blue-chip companies that work with MobieTrain confirm the need for better learning tools for the deskless workforce.

$ Funding

$
Amount $4.8M Total raised
Date May 12, 2021 Announcement date
Investors Force Over Mass Capital Lead investors
Company http://www.mobietrain.com Funded company

Classifications

industries
Entertainment
applications
Web and Content Management

AskAI Classifications

Labels
Employee Training Software SaaS AI-powered Learning Platform

Linked Companies

MobieTrain
$1M to $5M