2024 Revenue
$15M(Est.)
Customers
6M
Funding
$28.2M
Avg ACV
$3
Team
67
Founded
2010
BenchPrep Revenue & Funding (2024)
BenchPrep generated an estimated $15M in annual revenue in 2024. Source: GetLatka estimate
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.
| Year | Milestone | Source |
|---|---|---|
| 2024 | BenchPrep Hit $15m revenue in June 2024 | Estimated |
| 2020 | BenchPrep Hit $12.8m revenue in August 2020 | Not recorded |
| 2010 | Launched with $0 revenue |
BenchPrep Valuation, Funding Rounds
BenchPrep has not publicly disclosed its valuation. The company has raised $28.2M in total funding to date.
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 | Source |
|---|---|---|---|---|---|
| 2019 | Series C | $20M | - | - | Not recorded |
| 2012 | Series B | $6M | - | - | Not recorded |
| 2010 | Series A | $2.2M | - | - | Not recorded |
Founders
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 | Source |
|---|---|---|
| 2024 | Reached 67 employees (December 2024) | Not recorded |
| 2024 | Reached 69 employees (October 2024) | Not recorded |
| 2023 | Reached 77 employees (September 2023) | Not recorded |
| 2023 | Reached 78 employees (January 2023) | Not recorded |
| 2022 | Reached 84 employees (January 2022) | Not recorded |
| 2021 | Reached 101 employees (August 2021) | Not recorded |
| 2020 | Reached 138 employees (December 2020) | Not recorded |
| 2020 | Reached 108 employees (June 2020) | Not recorded |
| 2019 | Reached 106 employees (December 2019) | Not recorded |
| 2018 | Reached 65 employees (December 2018) | Not recorded |
Frequently Asked Questions about BenchPrep
What is BenchPrep's revenue?
As of 2024, BenchPrep generated an estimated $15M in annual revenue.
Who founded BenchPrep?
BenchPrep was founded by Ujjwal Gupta.
When was BenchPrep founded?
BenchPrep was founded in 2010.
Who is the CEO of BenchPrep?
The CEO of BenchPrep is Ashish Rangnekar.
How much funding does BenchPrep have?
BenchPrep raised $28.2M across 3 rounds.
How many employees does BenchPrep have?
As of 2024, BenchPrep had 67 employees.
Where is BenchPrep headquartered?
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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