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Overview
Ethena provides online compliance training on a subscription basis for small US businesses. The platform includes engaging modules on ethics, inclusivity, and workplace behavior, with automated reminders to boost completion. It also includes a built-in case management portal with a digital hotline to report concerns and manage investigations. Ethena differentiates itself by combining practical training with the integrated case management system and an affiliate program, targeting companies with under 50 employees, with the goal of fostering ethical and inclusive workplaces.
About Ethena
Industries
Enterprise Software
Education
Company Size
51-200
Company Stage
Series B
Total Funding
$50.4M
Headquarters
New York City, New York
Founded
2019
Simplify's Take
What believers are saying
- WorkRamp partnership integrates Ethena into LMS content libraries.
- $30M Series B by Lachy Groom funds DEI and anti-bribery expansions.
- Training Campaigns automate personalized course assignments for admins.
What critics are saying
- Crypto Ethena brand confusion diverts traffic since 2023.
- WorkRamp adds rivals like Traliant, displacing Ethena in 12 months.
- EEOC mandates free harassment training, obsoleting subscriptions in 6 months.
What makes Ethena unique
- Ethena delivers bite-sized, AI-personalized microlearning for compliance training.
- High-production scenarios address nuanced, contemporary issues like AI-bias.
- Case management portal integrates reporting with training for end-to-end ethics.
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Funding
Total Funding
$50.4M
Below
Industry Average
Funded Over
5 Rounds
Industry standards
Benefits
Health plans, including medical, dental, and vision
Health FSA, HSA, dependent FSA, and commuter benefits
12 weeks of paid parental leave for all our parents
401(k) options — both pre-tax and ROTH
$500 Office Stipend
20 days of paid time off per year
Growth & Insights and Company News
6 month growth
↓ -4%1 year growth
↓ -1%2 year growth
↑ 0%Notable investment cases include a $300,000 investment in Ethena and a rapid $10 million funding in MegaETH.
Ethena introduces monthly custodian attestations for USDe.
SAN FRANCISCO--(BUSINESS WIRE)--WorkRamp, the pioneer of the Learning Cloud, in the Learning Management System (LMS) category, announces its latest partner for its WorkRamp Content offering, Ethena, a leading global provider of engaging compliance training for the modern workplace. Compliance training is required for organizations to mitigate legal and regulatory risks and cultivate a culture of ethical conduct. Traditional compliance is often ineffective due to its dull and unengaging nature, leading to low employee engagement and reduced retention. Ethena: workplace compliance training
Ethena raises $6.5 million to develop crypto-native yield-bearing stablecoin on Ethereum blockchain.
Crypto startup Ethena has raised $6 million in seed funding led by Dragonfly for its new stablecoin, USDe.
Ethena is Hiring for 5 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Ethena
Industries
Enterprise Software
Education
Company Size
51-200
Company Stage
Series B
Total Funding
$50.4M
Headquarters
New York City, New York
Founded
2019
Ethena is Hiring for 5 Jobs on Simplify!
Find jobs on Simplify and start your career today