Stepful
About Stepful
Stepful is a EdTech startup based in New York, United States that has raised $111M in venture capital across 6 funding rounds since 2021. The company reached Series C stage in August 2021 with a $0.125M round led by institutional investors. Stepful's investor base includes 11 institutional funds, with Oak HC/FT leading the most recent equity round.
Stepful is a New York-based AI-powered healthcare workforce training platform that enables employer-sponsored, debt-free pathways from high school diploma to certified healthcare roles — including medical assistant, pharmacy technician, and dental assistant. Founded in 2021 and backed by Y Combinator, the company partners directly with 35+ major health systems including Mount Sinai, Ochsner, and Providence to place graduates into jobs. Stepful has trained 32,000+ graduates and was named a top US edtech company by TIME and Statista.
Stepful Funding Rounds Timeline
6 rounds · $111M raised · since 2021
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Pre-Seed | August 2021 | $0.125M | — | — | — |
| Venture Round | July 2022 | $4.9M | — | — | — |
| Seed | May 2023 | $7.5M | — | Reach Capital | Y Combinator |
| Series A | February 2024 | $12M | — | AlleyCorp Impact | SemperVirens, Reach Capital, Y Combinator, Green Sands Equity |
| Series B | November 2024 | $32M | — | Oak HC/FT | SemperVirens, Y Combinator, Intermountain Health, Company Ventures |
| Series C | June 2026 | $55M | — | Oak HC/FT | Foresite Capital, Hearst Ventures, Citi Impact Fund, SemperVirens, Y Combinator, Intermountain Health |
Investors in Stepful
11 institutional investors across 6 rounds
Lead investors
Co-investors
Recent news about Stepful
Questions about Stepful
How much has Stepful raised?
Stepful has raised $111M across 6 funding rounds since 2021.
Who are the investors of Stepful?
Stepful's investors include Oak HC/FT, AlleyCorp Impact, Reach Capital, Y Combinator, SemperVirens, Foresite Capital, Hearst Ventures, Intermountain Health, Citi Impact Fund, Company Ventures, Green Sands Equity.
When was Stepful's last funding round?
Stepful's most recent round was a $0.125M Pre-Seed in August 2021.
Where is Stepful headquartered?
Stepful is headquartered in New York, United States, and was founded in 2021 by Carl Madi, Tressia Hobeika, Edoardo Serra.