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Developer and provider of a cloud-based online training software. The company offers an online corporate training and testing platform to businesses and knowledge providers who want to train, test and manage their employees or clients.
Last updated
In 2024, SkyPrep's revenue reached $3.8M. The company previously reported $2.9M in 2024. Since its launch in 2011, SkyPrep has shown consistent revenue growth.
SkyPrep is a bootstrapped Other Collaboration Software startup. Founded in 2011, SkyPrep has grown to $3.8M in revenue without raising any venture capital or outside funding.
As a self-funded Other Collaboration Software SaaS company, SkyPrep has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
Co-founder and CEO at SkyPrep.com, an easy to use online training platform geared towards small to medium sized businesses. We help organizations decrease costs, increase knowledge retention within their company and automate their training. eLearning, SaaS, training platform, LMS services, Learning Management System, Skills gap,
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SkyPrep serves 1M customers.
SkyPrep employs approximately 21 people as of 2026, including 2 sales reps that carry a quota. It serves 1M customers that rely on its solutions.
SkyPrep generates $3.8M in revenue.
SkyPrep was founded by Babak Barkhodaei.
The CEO of SkyPrep is Babak Barkhodaei.
SkyPrep is bootstrapped and has not raised outside funding.
SkyPrep has 21 employees.
SkyPrep is headquartered in Toronto, Ontario, Canada.
SkyPrep operates across multiple industries. Browse revenue, funding, and growth data for SkyPrep in each sector below.
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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2024 Revenue
$3.8M
Customers
1M
Funding
$0
Avg ACV
$4
Team
21
Founded
2011
| Year | Milestone | Source |
|---|---|---|
| 2024 | SkyPrep Hit $3.8m revenue in November 2024 | konaequity.com |
| 2024 | SkyPrep Hit $2.9m revenue in October 2024 | Estimated |
| 2023 | SkyPrep Hit $2m revenue in December 2023 | Estimated |
| 2021 | SkyPrep Hit $1.5m revenue in April 2021 | |
| 2011 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 21 employees (October 2024) | |
| 2023 | Reached 21 employees (December 2023) | |
| 2022 | Reached 23 employees (December 2022) | |
| 2021 | Reached 19 employees (December 2021) | |
| 2021 | Reached 18 employees (April 2021) |
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