Valuation
$38.5M
2024 Revenue
$15M
Customers
6M
Funding
$28.2M
Avg ACV
$3
Team
67
Founded
2010
How BenchPrep CEO Ashish Rangnekar grew to $15M revenue and 6M customers in 2024.
BenchPrep offers a learner success platform to improve engagement and outcomes for learners around the globe. A recognized expert in learner success, BenchPrep partners with organizations that administer certification, credentialing, test prep, and continuing education programs to deliver customized enterprise SaaS solutions. Many of the worlds largest assessment companies use BenchPrep's platform to provide a personalized, omni-channel learning experience to their own users within a single ecosystem. By leveraging the power of technology, data, UX expertise, and innovative instructional design, BenchPrep has helped to make learning more effective, efficient, and enjoyable for more than 3 million learners worldwide.
Last updated
BenchPrep Revenue
In 2024, BenchPrep's revenue reached $15M. The company previously reported $12.8M in 2020. Since its launch in 2010, BenchPrep has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | BenchPrep Hit $15m revenue in June 2024 | |
| 2020 | BenchPrep Hit $12.8m revenue in August 2020 | |
| 2010 | Launched with $0 revenue |
BenchPrep Valuation, Funding Rounds
BenchPrep's most recent disclosed valuation is $38.5M.
BenchPrep has raised $28.2M in total funding across 3 rounds, most recently a $20M Series C round in 2019.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2019 | Series C | $20M | - | - | |
| 2012 | Series B | $6M | - | - | |
| 2010 | Series A | $2.2M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
BenchPrep serves 6M customers.
BenchPrep Employees & Team Size
BenchPrep employs approximately 67 people as of 2026, down from 77 in 2023, including 22 sales reps that carry a quota. It serves 6M customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 67 employees (December 2024) |
| 2024 | Reached 69 employees (October 2024) |
| 2023 | Reached 77 employees (September 2023) |
| 2023 | Reached 78 employees (January 2023) |
| 2022 | Reached 84 employees (January 2022) |
| 2021 | Reached 101 employees (August 2021) |
| 2020 | Reached 138 employees (December 2020) |
| 2020 | Reached 108 employees (June 2020) |
| 2019 | Reached 106 employees (December 2019) |
| 2018 | Reached 65 employees (December 2018) |
Frequently Asked Questions about BenchPrep
What is BenchPrep's revenue?
BenchPrep generates $15M in revenue.
Who is the CEO of BenchPrep?
The CEO of BenchPrep is Ashish Rangnekar.
How much funding does BenchPrep have?
BenchPrep raised $28.2M.
How many employees does BenchPrep have?
BenchPrep has 67 employees.
Where is BenchPrep headquarters?
BenchPrep is headquartered in Chicago, Illinois, United States.
Compare BenchPrep to the industry
BenchPrep operates across multiple industries. Browse revenue, funding, and growth data for BenchPrep in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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