Madrid-based Ironhack secures €16.5 million to advice remote tech education and enterprise training

Today Spanish company Ironhack has announced securing around €16.5 million Series B funding, in a round led by Lumos Capital, with participation from Endeavor’s Catalyst Fund, as well as existing investors, including Brighteye and Creas.

Founded in 2013, Ironhack is a globally facing Tech School, ranked top 2 worldwide. Its mission is to help people transform their careers and join a thriving community of tech professionals that love what they do. How do they do this? Via intensive courses and bootcamps in Web Development, UX/UI Design, data analytics and cybersecurity, as well as holding a ‘Career Week’ to support students to be prepared to look for a job after the course.

So far, Ironhack is present across 3 continents, across 8 countries, in 9 locations – Madrid, Barcelona, Miami, Paris, Mexico City, Berlin, Amsterdam, Sao Paulo and Lisbon. 

The company intends to use the new capital to expand its corporate training and development programmes for enterprises, including on-ramps for junior talent and re-skilling, so that it may become their preferred partner to solve tech skills gaps and to accelerate their digital transformation. In addition, it will invest in its remote learning capabilities, providing students of all backgrounds and social circumstances with greater access to a world-class education in tech.

Co-founders Ariel Quinones and Gonzalo Manrique commented: “When we started Ironhack in 2013, we knew we wanted to make a difference. Our goal was to create an outcomes-focused educational model that was inclusive of as many people as possible, particularly in underserved markets. But, we weren’t sure how big this could get…. We’ve become one of the premier tech bootcamps in the world, and a clear leader in Europe and Latin America.”

“While 2020 was a profoundly challenging year for everyone, we’re optimistic as we look forward to what the future holds for education. We’re eager for the journey of growth and impact ahead at Ironhack. Most of all, we’re renewed in our commitment to helping people transform their careers and their lives through technology.”