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About Ethena
Industries
Enterprise Software
Social Impact
Education
Company Size
51-200
Company Stage
Series B
Total Funding
$49M
Headquarters
New York City, New York
Founded
2019
Overview
Ethena offers online compliance training that is engaging and effective, focusing on small to medium-sized businesses in the U.S. Its subscription-based platform includes various training modules on ethics, inclusivity, and workplace behavior, along with automated reminders to boost completion rates. A key feature is the built-in case management portal, which allows employees to report concerns and helps companies manage investigations. Ethena aims to create ethical and inclusive workplaces by promoting empathy, continuous learning, and organizational health.
Simplify's Take
What believers are saying
- Ethena raised $30M Series B to enhance compliance training software.
- Growing demand for remote compliance training supports Ethena's business model.
- Expansion of e-learning market offers growth opportunities for Ethena.
What critics are saying
- Increased competition from LMS providers like WorkRamp could dilute Ethena's value.
- Focus on crypto projects may divert resources from core compliance training.
- $30M equity investment may pressure Ethena to deliver rapid growth.
What makes Ethena unique
- Ethena offers engaging, bite-sized compliance training, unlike traditional tedious methods.
- The platform includes a case management portal for reporting workplace concerns.
- Ethena's subscription model and affiliate program broaden its market reach.
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Funding
Total Funding
$49M
Meets
Industry Average
Funded Over
3 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
↑ 0%1 year growth
↑ 1%2 year growth
↓ -1%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.
In addition to the stablecoin project, Ethena will also be using the funding to further develop their internet bond platform.
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About Ethena
Industries
Enterprise Software
Social Impact
Education
Company Size
51-200
Company Stage
Series B
Total Funding
$49M
Headquarters
New York City, New York
Founded
2019
Ethena is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today