Jolt Overview
Jolt is a business school designed specifically for self-made professionals. The company operates a network of campuses offering professional video courses to tech workers at every career stage. The courses are presented by internationally acclaimed experts and executives from leading tech companies, including Amazon, Google, Linkedin, and Netflix. Jolts mission is to give each of its students a competitive advantage.
Cumulative Funding Raised Over Time ($)
$14.0MJan 2020
$16.0MJul 2016
$23.2MOct 2018
Latest News
Not applicable
גלובס זירת העסקים של ישראל
The text appears to be a list of headlines and snippets from various articles, possibly from a news website. The topics range from finance, real estate, health, and technology. However, it does not provide any specific information about a particular company, investment, or business event.
Not applicable
growth-negative
חברת האד-טק הישראלית ג'ולט נמכרה במחיר נמוך מהערכת השווי | כלכליסט
Jolt, an education company that offers tech bootcamps and alternative business degree programs, is being sold to one of the largest education groups in the world. The sale is expected to have a relatively low impact on the companys valuation. Jolt has recently faced internal issues and a significant number of layoffs. The company was founded in 2015 and has raised $23 million in funding. The founder and former CEO, Roi Deutsch, left the company following the cancellation of an acquisition deal. The acquiring companys identity has not been disclosed. Jolt is expected to rehire some of the previously laid-off employees.
Management ChangesLayoffsExpand
growth-negative
Online business school Jolt shaken up after exit deal falls through, founders leave, 40% of staff fired CTech
Jolt, a company that provides training courses for high tech companies, is undergoing an organizational restructuring. The company plans to lay off 20 of its 50 employees and its founders and CEO are leaving after a deal to be acquired by an international company fell through. Jolt has raised $23 million to date and its investors include Octopus Ventures, Hillsven Capital, and Balderton Capital.
Layoffs
growth-positive
"אנשים בוחרים קריירה מכל הסיבות הלא נכונות"
In an interview, Lior Frenkel, co-founder of the New World People community and the startup Jolt, discusses his journey from being an employee to an independent entrepreneur and then a startup founder. He emphasizes the importance of understanding the difference between who you think you want to be and who you really want to be. Frenkel is a partner and product manager at Jolt, a startup that prepares thousands of people each year for the new world of work and various high-tech professions. The company has raised about $23 million and was founded in 2015.
CustomersExpand
growth-positive
Jolt and TALMA launch new program to close Israeli techies' English language gap
Israeli startup Jolt is launching a new program in collaboration with TALMA to improve English language skills required for employment in the high-tech industry. The program aims to address the language gap that is preventing job seekers from securing high-quality positions and employers from finding qualified candidates. The survey conducted by Jolt revealed that 3,000 applicants in Israel miss out on job opportunities due to insufficient English language skills. The collaboration with Jolt will help individuals who lost their jobs during the pandemic integrate into the global high-tech market. TALMA, established in 2014, works to provide equal educational opportunities for students from all sectors in Israel. Jolt, founded in 2015, offers professional video courses to tech workers.
Expand
| Sector | Education & Knowledge Technologies |
Funding
| Total funding | $23.2M |
| Last funding | $14M |
| Stage | Acquired |
| Rounds | 3 |
| Investors | 7 |
Team Members
5
Employees: 51-200
Web & Social Links
| Website | www.jolt.io |
| App Store | App Store |
Locations
Shvil ha-Merets 2, Tel Aviv-Yafo, Israel
550 S California Ave, Palo Alto, CA, USA
34-37 Liverpool Street, London, England, UK
Photos & Videos
6 item(s)
Jolt Business
Business models
B2B, B2C
Product stage
Released
Employees
51-200
Sector
Education & Knowledge TechnologiesAssessment & VerificationRetail PlatformsDigital ProductsTarget Customer
EducationHigher EducationConsumersEnterprise & Professional ServicesSMBs & SMEsHuman Resource & Employment ServicesTrainingCore Technology
Platforms & InterfacesSoftwareMobileWebTags (14)
knowledge-sharingtrainingknowledge-technologymarketplaceenterprise-solutionse-learningconsumerssmbenterpriseshrengagementedtechstudentsself-learningGeographic Markets
IsraelUnited KingdomJolt Financials
$23.2M
Total funding
Undisclosed
Capital raised
$14M
Last funding
Acquired
Funding stage
3
Total rounds
7
Investors
Cumulative Funding Raised Over Time ($)
$14.0MJan 2020
$16.0MJul 2016
$23.2MOct 2018
Private Equity Funding
A Round
Jan 2020
$14M
Hillsven Capital, Octopus Ventures, Balderton Capital
Seed
Oct 2018
$7.2M
Hillsven Capital, PICO Venture Partners
Seed
Jul 2016
$2M
Hillsven Capital, at.inc/, Gil Hirsch, UpWest
Public Offering / Exit
MNAEvent
Sep 2022
Undisclosed
Jolt Lifecycle
Cumulative Funding Raised Over Time
$14.0MJan 2020
$16.0MJul 2016
$23.2MOct 2018
All Events
A Round
Jan 2020
$14M
Hillsven Capital, Octopus Ventures, Balderton Capital
Seed
Oct 2018
$7.2M
Hillsven Capital, PICO Venture Partners
Seed
Jul 2016
$2M
Hillsven Capital, at.inc/, Gil Hirsch, UpWest
MNAEvent
Sep 2022
Undisclosed
Jolt News
15 articles
Not applicable
גלובס זירת העסקים של ישראל
The text appears to be a list of headlines and snippets from various articles, possibly from a news website. The topics range from finance, real estate, health, and technology. However, it does not provide any specific information about a particular company, investment, or business event.
Not applicable
growth-negative
חברת האד-טק הישראלית ג'ולט נמכרה במחיר נמוך מהערכת השווי | כלכליסט
Jolt, an education company that offers tech bootcamps and alternative business degree programs, is being sold to one of the largest education groups in the world. The sale is expected to have a relatively low impact on the companys valuation. Jolt has recently faced internal issues and a significant number of layoffs. The company was founded in 2015 and has raised $23 million in funding. The founder and former CEO, Roi Deutsch, left the company following the cancellation of an acquisition deal. The acquiring companys identity has not been disclosed. Jolt is expected to rehire some of the previously laid-off employees.
Management ChangesLayoffsExpand
growth-negative
Online business school Jolt shaken up after exit deal falls through, founders leave, 40% of staff fired CTech
Jolt, a company that provides training courses for high tech companies, is undergoing an organizational restructuring. The company plans to lay off 20 of its 50 employees and its founders and CEO are leaving after a deal to be acquired by an international company fell through. Jolt has raised $23 million to date and its investors include Octopus Ventures, Hillsven Capital, and Balderton Capital.
Layoffs
growth-positive
"אנשים בוחרים קריירה מכל הסיבות הלא נכונות"
In an interview, Lior Frenkel, co-founder of the New World People community and the startup Jolt, discusses his journey from being an employee to an independent entrepreneur and then a startup founder. He emphasizes the importance of understanding the difference between who you think you want to be and who you really want to be. Frenkel is a partner and product manager at Jolt, a startup that prepares thousands of people each year for the new world of work and various high-tech professions. The company has raised about $23 million and was founded in 2015.
CustomersExpand
growth-positive
Jolt and TALMA launch new program to close Israeli techies' English language gap
Israeli startup Jolt is launching a new program in collaboration with TALMA to improve English language skills required for employment in the high-tech industry. The program aims to address the language gap that is preventing job seekers from securing high-quality positions and employers from finding qualified candidates. The survey conducted by Jolt revealed that 3,000 applicants in Israel miss out on job opportunities due to insufficient English language skills. The collaboration with Jolt will help individuals who lost their jobs during the pandemic integrate into the global high-tech market. TALMA, established in 2014, works to provide equal educational opportunities for students from all sectors in Israel. Jolt, founded in 2015, offers professional video courses to tech workers.
Expand
growth-positive
Office Tour: Jolt Offices - Tel Aviv
SwitchUP designed the collaborative office space for Jolt, an educational technology company in Tel Aviv, Israel. The design focuses on growth, both in learning and in career, and provides spaces for collaborative learning. The central lounge area features a living wall with a sign made of purple florals, symbolizing the planting of ideas and watching them bloom. The design also includes cafeteria-style long tables for meetings and dining, and meeting rooms accented by greenery. The article does not mention any specific partners, customers, valuation amount, acquisition amount, investment amount, layoffs, or date of the event.
Partners
growth-positive
Israel's Jolt is set to help UK citizens with training program for high-tech jobs
Israel-based startup Jolt has partnered with the British employment scheme Kickstart to help address the employment crisis faced by young people due to the Covid-19 pandemic. The UK government plans to spend £2 billion on helping 250,000 people aged 16-24 obtain jobs in the high-tech sector. Jolt will provide an online training course for young British people, followed by a practical internship at a high-tech company. The Kickstart Scheme will be funded by the British government, and trainees will receive a salary of approximately £4,500 during the internship period. The partnership aims to reintegrate young people affected by the pandemic into the labor market and close the skills gap.
CustomersPartnersInvestment
growth-positive
"The pandemic created an opportunity for startups to create an alternative to higher education"
Roei Deutsch, the co-founder and CEO of Jolt Inc., discussed the impact of the COVID-19 crisis on higher education during a talk. He mentioned that the crisis has exposed the inefficiency and high cost of obtaining a degree, leading to a potential bubble burst in the industry. Deutsch believes that startups like Jolt can provide an alternative to traditional higher education by offering a better remote learning experience. He mentioned the development of a hybrid model where people can choose between online classes and physical campuses. While he doesnt think the entire higher education industry will fail, he emphasized the need for change and innovation in academia. Deutsch also connected the fight against racism and protests to the issues of inequality and unequal opportunities in education and the business world.
CustomersPartners
growth-positive
Jolt raises $14 million to disrupt higher education with its pay-as-you-go MBA program - Tech.eu
London-based edtech company Jolt has raised $14.1 million in a Series A funding round led by Balderton Capital. Jolt offers a flexible and affordable alternative to traditional business school programs, with a modular, self-designed, pay-as-you-go curriculum. The companys enrollment is growing at a rate of 25 percent month over month. Jolt plans to use the funding to expand its program across the UK, Israel, and the US. The company has already gained market share in Israel and the UK since launching its NAMBA program. Jolt aims to provide networking opportunities, credentials, and life skills to its students, similar to traditional programs. The investors believe that Jolt has the potential to help millions of students gain new skills and meet new people.
InvestmentExpand
growth-positive
https://www.jpost.com/Israel-News/Jolt-aims-to-go-head-to-head-with-higher-education-588842
Jolt, a professional learning experience company, is planning to challenge major educational institutions by offering alternatives to higher education. The company, which has already raised $9 million in funding, offers video conference-style lectures on 21st-century work skills, business methodologies, and the latest know-how on digital tools. Jolts campuses are located in Tel Aviv and London, and the company plans to open a second campus in London soon. The companys CEO, Roei Deutsch, said Jolt not only teaches the most relevant and current methodologies available, but also the most effective business methodology on the planet, the start-up method.
CustomersInvestmentExpand
growth-positive
WORLD'S FIRST SCHOOL FOR YOUR CAREER, JOLT, LAUNCHES IN LONDON - FE News
Jolt, a co-learning space for professionals to future-proof their careers, has launched in London. The company offers practical classes taught by international experts and aims to fill a gap in the market for adult education. Jolt provides a tailored solution for individuals who want to acquire or strengthen skills to benefit their careers. The company has already received over 1,000 applications for its first batch of 100 seats. Jolts first campus has opened in Liverpool Street, with a second campus set to open in Soho in the summer of 2019.
CustomersExpand
growth-positive
Live Video Courses Marketplace Jolt Raises $7.2 Million
Jolt Inc. has completed a $7.2 million funding round led by Octopus Ventures, with participation from Hillsven Capital LLC and Pico Partners LLC. The company, which offers professional live video courses to tech workers, plans to use the funding to expand its services to London in January 2019. Jolt currently operates in Tel Aviv and New York. The funding brings Jolts total raised amount to $9 million.
InvestmentExpand
growth-positive
Where Freelancers (And Other Professionals) Go To Learn: Meet JOLT
The article discusses the challenges faced by freelancers in terms of career development and access to training and learning opportunities. It highlights the importance of both hard and soft skills for freelancers and the lack of support and resources available to them compared to traditional employees. The emergence of startups like JOLT is seen as a positive development for freelancers, as it fills the learning and development void by offering curated learning experiences in small group settings. JOLT provides a subscription-based model where freelancers and professionals can access unlimited learning sessions taught by experts. The article emphasizes the importance of interactive and intimate learning experiences for freelancers and the enthusiasm of participants in the JOLT program.
Customers
growth-positive
This startup is 6 months into an employment experiment - no perks, lower pay, and you're free after 2 years
Jolt, a San Francisco startup that connects professionals with companies for videoconferenced lectures, has implemented a new concept of employment called chapterships. After two years, employees can either leave the company or find a new two-year mission within the company. Jolt invests in employee success by helping them achieve their personal learning goals. The company has grown to 14 employees and plans to expand its Silicon Valley presence with the $2 million in venture capital it raised. The chaptership model aims to attract top talent by offering opportunities for personal and professional growth. Jolts CEO, Roei Deutsch, believes that learning is more valuable than traditional startup perks. The company acknowledges that the chaptership concept is still experimental.
Expand
growth-positive
Jolt picks up $2M seed for marketplace of speakers
Jolt, a marketplace for professional speakers, has raised $2 million in a seed round led by UpWest Labs and Hillsven. The platform allows businesses to easily book professional speakers for various purposes. The service works by businesses purchasing credits that can be used to book talks. Jolt features speakers from companies like Google, Oracle, Facebook, and Salesforce. Speakers can earn $300 for a live video talk or $600 for an in-person talk, while Jolt takes a significant portion of the fee. The platform aims to be a network of professionals giving and receiving business talks across different topics.
Investment
Jolt Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 52 |
| Team members | 5 |
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
This entity has 16 classification IDs that could be used for matching.
Jolt Internal
Recent Updates
No update log entries.
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 102/100 |
| Missing | markets |
| BI Verification | Natalia Golczar |
| Registrar ID | 515291805 |
| Crunchbase | jolt-c1ab |
| Phone | +972772231374 |
| Creator | Roei Hamani |
| Creator email | roei.hamani@mail.huji.ac.il |
| Last updater | Matan Eblagon |
| Updater email | matane@sncentral.org |
| Last update | 2023-07-24T00:00:00.000Z |
| Created | 2015-12-09T00:00:00.000Z |
| Claimed | Yes |
| Status detail | Acquired by undisclosed on Sep, 2022 |