Ethena, a modern compliance training platform, announced it raised a $30 million Series B, led by Lachy Groom, with participation from existing investors including Felicis, Neo, Homebrew, and others. They've also welcomed angel investors including Jack Altman, Mathilde Collin, William Hockey, Gretchen Howard, and Claire Johnson. It will use the capital to build out additional compliance product lines and expand its core training technology.
"Businesses are held to a much higher standard than ever before. Employees expect companies to build inclusive and ethical workplaces — and compliance, when done right, does exactly that," said Roxanne Petraeus, CEO and co-founder of Ethena. "Modern companies don't want to just 'check the box,' they want to use data-driven approaches to educate employees and spot issues proactively. This latest round of support allows us to continue building out a compliance operating system designed for today's teams."
Elphas, please join us and congratulate @roxanne and the entire Ethena team on this major milestone! CONGRATULATIONS!