CareerFoundry
Mentors clients on how to become a designer, web developers, data analysts, and digital marketers.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $5.3m | Early VC | |
| Total Funding | 000k | ||
| EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 295 % | 64 % | 50 % | - | - | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (380 %) | (56 %) | (10 %) | (7 %) | - | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Founded in 2013 by Raffaela Rein and Martin Ramsin, CareerFoundry is a Berlin-based online education provider focused on reskilling and upskilling individuals for careers in the technology sector. Ramsin, currently the CEO, brought his experience as a developer and product manager for companies like Nokia and various Berlin startups to the venture. The company has secured $12 million in total funding across four rounds, with its latest Series A round in December 2022 raising $5.29 million.
CareerFoundry operates on a direct-to-consumer and business-to-business model, serving individuals seeking a career change, as well as corporate clients, employment agencies, and job centers looking to qualify and train people. Revenue is generated from tuition fees for its portfolio of courses. The company's core offering consists of flexibly-paced, online programs in high-demand fields such as UX design, UI design, web development, data analytics, digital marketing, and product management. These programs are designed to take a beginner to a job-ready professional in five to ten months, requiring about 15-20 hours of study per week.
A key feature of the CareerFoundry model is its dual-mentorship system, which pairs each student with both an expert industry mentor for guidance and a personal tutor for feedback on practical exercises and real-world projects. This personalized support structure is complemented by access to an active online community and one-on-one coaching from a career specialist to assist with job preparation, including interview coaching and resume building. A significant unique selling point is the company's job guarantee, which offers a full tuition refund to graduates who do not secure a job in their new field within six months of completion. The curriculum is project-based, enabling students to build a professional portfolio, and is regularly updated to include current industry trends.
Keywords: online education, tech skills, career change, UX design, web development, data analytics, digital marketing, job guarantee, mentored learning, product management