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StudyBits Raises $2M to Turn Company Knowledge Into Training People Finish

We've raised a $2M seed round. Here's the problem we're solving, some of the companies already using StudyBits, and what we're building next.

StudyBits Raises $2M to Turn Company Knowledge Into Training People Finish

Today we're announcing that StudyBits has raised a $2 million seed round.

We're proud of that number, but what we're proudest of is who's already using StudyBits to train their people. An aerospace company. A restaurant group. A biotech lab, a legal services firm, a solar energy company, a video game studio, a fast-casual falafel chain. Companies of roughly 30 to 200 people with almost nothing in common except this: they've written down how they work, and they need their people to actually know it.

The problem every one of them had

Every company already has its training material. It's the employee handbook, the sales playbook, the safety SOP, the security policy, the "how we do month-end" doc. The trouble is that almost nobody reads it — and turning it into real training, with lessons, examples, quiz questions and some way of knowing who understood, takes weeks of work that a 60-person company has nobody to do.

So the knowledge stays in the document. New hires ask the same questions in Slack. The same mistakes repeat. And the tools built to fix this usually start with book a demo, then an annual contract, then an implementation fee — before anyone has seen whether it works on their own material.

What StudyBits does

Drop in a document — a PDF, a Word file, a deck, a link, or just a topic — and StudyBits writes a course from it in about a minute: lessons, slides and quiz questions, grounded in your own material and using your own names, numbers and steps. Assign it to a person, a team or everyone who joins next month. Then see not just who finished, but who understood — and which ideas need another pass.

When people have follow-up questions, an assistant answers them from the same documents, with the source on every answer. When the policy changes, the course can be rebuilt from the new version instead of rewritten by hand.

And you can see all of this before you talk to anyone. Build a course from your own document on our homepage — no account, no card — and our prices are public, with a free plan.

Who's using it

A few of the teams training with StudyBits today:

  • Manufacturing & materials: Platform Aerospace, ACEMCO, Tek Pak, United States Stove Company, Vulcan Elements, Andari
  • Health & life sciences: Buoy Health, Spyre Therapeutics, Lumen Bioscience, Orbit Medical, FitOn Health
  • Hospitality & food: Maple & Ash, Posh Hospitality Group, I Dream of Falafel, Brand Castle
  • Finance, insurance & professional services: Capchase, Coterie Insurance, Level Legal, Accounting Resources, Interdependence
  • Technology & media: Buildout, Outbuild, Kudu Dynamics, WildWorks, MarketScale, Curious Plot
  • Energy, logistics & more: Nautilus Solar Energy, Eiger Operating Company, List Logistics, ILLCO, Solutions Travel, WorkMoney

What surprised us most is how little the industry matters. A restaurant group onboarding servers and a cybersecurity firm training engineers have the same problem: the knowledge is written down, and it isn't getting into people's heads.

What the round is for

Four things, in this order:

  1. A better first minute. The course you get from your messiest document should be one you'd send to your team without edits. That's the bar.
  2. Training that stays current. Your handbook changes; your training should change with it. We're deepening our connections to the places your documents already live.
  3. Proof that it worked. Completion rates are easy to game. We're investing in comprehension — what people got right, per lesson and per team — so you can show leadership real results.
  4. Being there for our customers. Every team on StudyBits can reach the people building it.

The team

The StudyBits team at lunch together

We're a small team that ships fast and takes customer feedback personally. We also take birthdays seriously:

The team in green alien masks and party hats for a birthday at the office

Thank you

To every team that trusted us with their training before we had a funding announcement to point to: thank you. Most of what StudyBits is today came from your feedback. And to our investors: thank you for backing a simple idea — that the knowledge companies already have should become training people actually finish.

If your team has a handbook nobody reads, turn it into a course in a minute. And if you'd rather talk first, we're easy to reach.

— Michael Kroll, Founder



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