BenchPrep Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Private

  • Employees
  • 77

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 7

BenchPrep General Information

Description

Developer of an online learning platform designed to simplify and optimize learning experiences and outcomes. The company's platform offers a comprehensive preparatory course bundle with multiple practice questions, instructional videos on key topics, interactive flashcards, fun games, and full-length practice exams, enabling corporations, schools, and training companies to improve learner engagement and retention and reduce dropout rates.

Contact Information

Website
www.benchprep.com
Formerly Known As
Watermelon Express
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 111 South Wacker Drive
  • Suite 1200
  • Chicago, IL 60606
  • United States
+1 (855) 000-0000
Primary Industry
Educational Software
Other Industries
Human Capital Services
Educational and Training Services (B2C)
Vertical(s)
HR Tech, SaaS, EdTech
Corporate Office
  • 111 South Wacker Drive
  • Suite 1200
  • Chicago, IL 60606
  • United States
+1 (855) 000-0000

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BenchPrep Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC 12-Jan-2022 000.00 Completed Generating Revenue
6. Debt - PPP 08-Apr-2020 00.000 000.00 Completed Generating Revenue
5. Later Stage VC (Series C) 15-Jan-2019 0000 000.00 00000 Completed Generating Revenue
4. Secondary Transaction - Private 03-Dec-2018 00.000 Completed Generating Revenue
3. Early Stage VC (Series B) 03-Jul-2012 000 00.000 0000 Completed Startup
2. Early Stage VC (Series A1) 02-Nov-2011 $990K $2.09M 000.00 Completed Startup
1. Early Stage VC (Series A) 02-Jun-2011 $1.1M $1.1M 000 Completed Startup
To view BenchPrep’s complete valuation and funding history, request access »

BenchPrep Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series C 0,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series B 0,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series A1 1,624,891 $0.000100 $0.61 $0.61 1x $0.61 3.83%
Series A 5,185,903 $0.000100 $0.21 $0.21 1x $0.21 12.24%
To view BenchPrep’s complete cap table history, request access »

BenchPrep Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an online learning platform designed to simplify and optimize learning experiences and outcomes. The compan
Educational Software
Chicago, IL
77 As of 2024
000.00
0000000000 0 000.00

000000

commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit ess
00000000000 00000000
Waltham, MA
00 As of 0000
00.000
0000000000 00.000

000000

te irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat
00000000000 00000000
West Lafayette, IN
00 As of 0000
00.000
00000000000 00.000
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BenchPrep Competitors (69)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
MindEdge Venture Capital-Backed Waltham, MA 00 00.000 0000000000 00.000
Skyepack Venture Capital-Backed West Lafayette, IN 00 00.000 00000000000 00.000
Quizlet Venture Capital-Backed San Francisco, CA 000 0000 00000 00000 0000
Academy Xi Venture Capital-Backed Sydney, Australia 000 000.00 00000 00000 000.00
Edureka Formerly VC-backed Bengaluru, India 000 00.00 000000&0 00.00
You’re viewing 5 of 69 competitors. Get the full list »

BenchPrep Executive Team (5)

Name Title Board Seat
Ashish Rangnekar Co-Founder & Chief Executive Officer
Nickolay Schwarz Chief Technology Officer
Nick Desteffen Director of Engineering, Lead Software Engineer
Ujjwal Gupta Ph.D Co-Founder & Chief Product Officer
You’re viewing 4 of 5 executive team members. Get the full list »

BenchPrep Board Members (7)

Name Representing Role Since
Bradley Keywell JD Lightbank Board Member 000 0000
David Golden JD Revolution (Washington DC) Board Observer 000 0000
David Hall Revolution (Washington DC) Board Member 000 0000
Michael McMahon Jump Capital Board Member 000 0000
Saurabh Sharma Jump Capital Board Observer 000 0000
You’re viewing 5 of 7 board members. Get the full list »

BenchPrep Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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BenchPrep Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds
ETS Strategic Capital Venture Capital Minority 000 0000 000000 0
Jump Capital Venture Capital Minority 000 0000 000000 0
Owl Ventures Venture Capital Minority 000 0000 000000 0
NewView Capital Venture Capital Minority 000 0000 000000 0
Paul Lee Angel (individual) Minority 000 0000 000000 0
You’re viewing 5 of 7 investors. Get the full list »

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BenchPrep FAQs

  • When was BenchPrep founded?

    BenchPrep was founded in 2009.

  • Who is the founder of BenchPrep?

    Ashish Rangnekar and Ujjwal Gupta Ph.D are the founders of BenchPrep.

  • Who is the CEO of BenchPrep?

    Ashish Rangnekar is the CEO of BenchPrep.

  • Where is BenchPrep headquartered?

    BenchPrep is headquartered in Chicago, IL.

  • What is the size of BenchPrep?

    BenchPrep has 77 total employees.

  • What industry is BenchPrep in?

    BenchPrep’s primary industry is Educational Software.

  • Is BenchPrep a private or public company?

    BenchPrep is a Private company.

  • What is BenchPrep’s current revenue?

    The current revenue for BenchPrep is 00000.

  • How much funding has BenchPrep raised over time?

    BenchPrep has raised $28.1M.

  • Who are BenchPrep’s investors?

    ETS Strategic Capital, Jump Capital, Owl Ventures, NewView Capital, and Paul Lee are 5 of 7 investors who have invested in BenchPrep.

  • Who are BenchPrep’s competitors?

    MindEdge, Skyepack, Quizlet, Academy Xi, and Edureka are some of the 69 competitors of BenchPrep.

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