EdCastrevenue, acquisition & funding
AI & Machine Learning Operationalization (MLOps) SoftwareMountain View, CaliforniaFounded 2014
EdCast was acquired by Cornerstone OnDemand.
EdCast is an AI-powered knowledge cloud for unified discovery, knowledge management, and personalized learning.
EdCast revenue
EdCast's annual revenue was $35M in August 2021, its last figure before Cornerstone OnDemand bought it (source not recorded). That is up 2088% from $1.6M a year earlier.
All 2 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Aug 2020 | $1.6M | – |
| Aug 2021 | $35M | – |
– source not recorded
Who owns EdCast
Cornerstone OnDemand owns EdCast. The date and price of the deal are not on record.
EdCast funding rounds & investors
EdCast has raised $107.6M across seven rounds since 2014. The latest was a $6.1M funding round in August 2021.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Aug 2021 | Funding round | $6.1M | – |
| Dec 2019 | Series D | $35M | – |
| Oct 2019 | Pre-Seed | $300K | $3M |
| Dec 2018 | Series C | $33.6M | – |
| Apr 2018 | Venture | $10.6M | – |
| Apr 2016 | Series B | $16M | – |
| Sep 2014 | Series A | $6M | – |
| Total raised | $107.6M |
EdCast CEO, founders & employees
Karl Mehta founded EdCast in 2014 and led it as CEO. EdCast had 424 employees (August 2021), up from 100 a year earlier.
- Karl MehtaFounder & CEO
Team mix (Aug 2021): 167 engineers, 24 in sales, 8 in marketing
All 3 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Aug 2021 | 424 | – |
| Dec 2020 | 1 | – |
| Aug 2020 | 100 | – |
EdCast FAQ
What was EdCast's revenue?
Before Cornerstone OnDemand bought it, EdCast's annual revenue was $35M in August 2021 (source not recorded).
Who owns EdCast?
Cornerstone OnDemand owns EdCast.
How much funding has EdCast raised?
EdCast raised $107.6M across seven funding rounds before Cornerstone OnDemand bought it. The last was a $6.1M funding round in August 2021.
How many employees does EdCast have?
EdCast had 424 employees in August 2021.
Who founded EdCast?
Karl Mehta founded EdCast in 2014.
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How this page is sourced
Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Apr 19, 2022Data disclaimerReport a correctionClaim this profileRun EdCast? Join the podcast