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UNQUOTE
  • Expansion

Lumos Capital leads €16.5m series-B round for Ironhack

  • Eliza Punshi
  • Eliza Punshi
  • 21 January 2021
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Madrid-based education service Ironhack has raised €16.5m in a series-B funding round led by Lumos Capital Fund.

Other investors included Endeavor Catalyst and existing investors Brighteye and Creas.

The company, which has so far raised $27m, will use the latest funding to expand its online and corporate training programmes, as well as to hire more staff.

Previous funding
In 2017, Ironhack raised $3m in seed funding from All Iron Ventures and JME Ventures. Two years later, it raised $4m in series-A funding from All Iron Ventures, JME Ventures and Brighteye. 

Company
Founded in 2013 and based in Madrid, Ironhack runs a technology school that offers courses in web development, UX/UI design, data analytics and cybersecurity.

It is present in eight countries and has campuses in nine locations: Madrid, Barcelona, Miami, Paris, Mexico City, Berlin, Amsterdam, Sao Paulo and Lisbon. The company has around 400 employees, according to its LinkedIn page.

People
Ironhack – Gonzalo Manrique, Ariel Quinones (co-founders).
Lumos Capital – James Tieng (managing partner).  

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