Phoenix Business Journal: EY Entrepreneur Of The Year 2020 Finalist - Trainual Raises The Stakes After Raising Capital

Trainual completed one of the biggest Phoenix-area capital raises last year.

Talk to us about that success and how you might be approaching raising capital differently in the current environment.

I think it’s important to mention that raising capital doesn’t feel like a success. It just feels like we’ve raised the stakes.

We quite literally sold off a chunk of the business to new investors with the intention of using that money to grow the value of the company, but we’re definitely putting the money to good use. In the last year, we’ve tripled the size of both our engineering teams (the people that build the product) and our customer experience teams (the people that support the product) and added over 1,000 new customers...

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