Peoria-area startup, SparkLearn raises $800K to market and scale its SaaS platform

FOR IMMEDIATE RELEASE
November 16, 2023

MEDIA CONTACT
Chad Udell, Co-founder/Co-CEO, chadu@sparklearn.com

MORTON, IL – SparkLearn, a learning experience software-as-a-service platform for mobile and deskless workers, announced the closing of its initial pre-seed round, raising $800K. The pre-seed round allows the company to continue to market, develop and scale its operations.

SparkLearn is an adaptive microlearning platform for businesses or organizations that enables learners to get quick and easy access to training materials and performance support tools. SparkLearn offers a native mobile app experience and an easy-to-use web-based content management system. The data and analytics gathered by the product provide insights to companies for better decision making regarding talent development and skill gaps.

The company closed its round oversubscribed, doubling its original goal. It received $200K from Western Governors University Labs, $300K from a Peoria-area angel investor along with $100K from gener8tor as part of its acceptance into the OnRamp accelerator. Right Side Capital Management is leading the round with $200K.

The Morton-based tech startup is an alum of Distillery Labs’ free gBETA Distillery Labs accelerator, having completed the program Spring 2022. SparkLearn was later accepted into gener8tor’s OnRamp Education & Workforce Innovation accelerator program. The company completed the 12-week, equity-based accelerator late spring. SparkLearn later pitched its platform at the OnRamp Education & Workforce Innovation Conference in Minneapolis, MN, in June.

gener8tor's OnRamp Education & Workforce Innovation Accelerator is renowned for its commitment to nurturing and supporting scalable startups that are driving positive change in the education and workforce sectors. Over the course of the program, SparkLearn honed its groundbreaking workforce technology platform, empowering learners and employers alike with cutting-edge tools and resources. As part of the accelerator, SparkLearn was provided with invaluable mentorship, coaching and introductions to investors positioning the company for stronger growth and impact in the workforce technology industry.

To learn more about SparkLearn, visit www.sparklearn.com. For more information, contact SparkLearn Co-Founder & Co-CEO Chad Udell at chadu@sparklearn.com.

###

About gener8tor 
gener8tor is a global venture firm and accelerator network that supports startups, workers, employers, artists and musicians across race, place and gender. gener8tor partners with companies, governments, universities and nonprofits to operate programs and conferences in more than 41 communities across 22 states and two countries. Fast Company named gener8tor one of the Best Workplaces for Innovators in 2021 and 2022. The International Trade Council recognized gener8tor as the Global Venture Capital Firm of the Year in 2022.