Overview

Trainual provides a platform for businesses to create and manage their training materials and processes. It allows users to build a centralized playbook that organizes knowledge and automates training for employees. The platform enables business owners and team leaders to categorize content based on different roles within the organization, assign training materials to specific individuals, and monitor their progress. This approach is more efficient than traditional methods like Google Docs or Dropbox, making it easier for teams to stay informed and trained. Trainual stands out from competitors by offering a more affordable and user-friendly alternative to complex enterprise Learning Management Systems (LMS). The goal of Trainual is to support the scalable growth of businesses by simplifying the onboarding and training process.

Simplify's Take

What believers are saying

• Growing demand for remote training solutions boosts Trainual's market potential.
• AI-driven training tools align with Trainual's recent AI-powered documentation engine launch.
• Increased focus on employee retention supports Trainual's onboarding and training platform.

What critics are saying

• Increased competition from AI-driven platforms threatens Trainual's market share.
• Economic downturns may lead to budget cuts affecting Trainual's subscription renewals.
• Data privacy concerns could damage Trainual's reputation if mishandled.

What makes Trainual unique

• Trainual offers a more affordable solution than traditional enterprise LMS systems.
• The platform allows role-based content grouping and progress tracking for efficient training.
• Trainual's AI-powered documentation engine enhances outlining roles and responsibilities.

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Funding

Total Funding

$33.8M

Below

Industry Average

Funded Over

2 Rounds

$27,000,000

Series B

Jun 2021

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.

Series B Funding Comparison

Below Average

Industry standards

Ind Avg. $35M

$4M

$27M

$30M

$45M

$65M

$100M

View all funding stages