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Foundry College

Full company profile

uuid0003lli

Namestring
Foundry College
Legal namestring
Foundry College
Company typeenum
Private
Founded yearint
2018
Descriptiontext

Foundry College is a San Francisco-based, for-profit edtech company founded in 2018 that delivers skills training to working adults seeking roles not being displaced by automation. The company's stated mission centers on equipping learners with practical, durable competencies, and it is led by CEO and President Akiba Covitz alongside Founder and Chief Academic Officer Stephen Kosslyn, with Karen Adams heading marketing. The organization operates with a small team of 11-50 employees and has no public app, API, or platform integrations documented in the source material.

The company has raised approximately $8 million in aggregate disclosed funding across three venture rounds between October 2018 and March 2021. Learn Capital led the initial $6 million round in 2018 and participated in a $1 million follow-on in December 2019 alongside LearnStart and Ulu Ventures; a further $1 million was raised in March 2021 led by Zanichelli Venture, with Brahma AG also participating. The capital is described as supporting ongoing growth and development, with no specific product, pricing, or enrollment details disclosed in available sources.

No detailed information on curriculum structure, delivery modality (online, in-person, hybrid), credentialing, employer partnerships, tuition pricing, or learner outcomes is present in the input data. The company's geographic footprint is anchored in California, and there is no indication of international expansion beyond the involvement of European investors in the 2021 round. Revenue, profitability, and post-2021 operating metrics are not disclosed.

Short descriptiontext

Foundry College is a San Francisco-based edtech company founded in 2018 that delivers skills training to working adults seeking roles not being displaced by automation. It operates with 11-50 employees under CEO Akiba Covitz and Founder/CAO Stephen Kosslyn.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersSan Francisco, United States
HQ citystring
San Francisco
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
adult online education, workforce skills training, career advancement programs, automation-resistant careers, professional reskilling courses
Industry4 codes
1CNC Plasma/Laser Cutting & Automated Fabrication Training
CodeEDAOADAHPrimaryYes
2Sheet Metal Fabrication & Light-Gauge Metalwork Training
CodeEDAOADADPrimaryNo
3Makerspaces & Fab Labs (Open Build Studios)
CodeEDAMADACPrimaryNo
4Additive Manufacturing Education & Academic Programs
CodeIMAAAJABPrimaryNo
NAICS code2 codes
  • Apprenticeship Training611513
  • Technical and Trade Schools6115
SIC code1 code
  • Metalworkg Machinery & Equipment3540
Product category
Adult & Workforce Education
No data
Cost components4 values
Personnel, Technology or R&D, Marketing or Sales, Operations
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Foundry College is an education and training company that equips working adults with the skills and knowledge needed to excel in jobs not being displaced by automation. It operates as an online adult-education platform serving individual career-oriented learners in the United States.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Foundry College is described as a California-based edtech startup that secured $1 million in venture capital funding. No specific products, modules, or service offerings are detailed in available sources.

Product and service1 record
1Foundry College Adult Education Programs
Scale indicator1 record

Each record includes

Type, Value, Description, Source

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight1 record

Each record includes

Type, Description

Peers10 records
TypeEmerging player
Description

Year Up is a workforce-development nonprofit providing training and corporate internships to young adults and career-changers entering tech and business roles. It is comparable as a mission-driven adult-training organization competing for employer partnerships and workforce-development funding.

TypeDirect peer
Description

Springboard offers online mentor-guided career tracks in tech and data for adult learners seeking job-ready skills. It overlaps with Foundry College on adult learner, online-delivery, and outcomes-oriented workforce training.

TypeBroad incumbent
Description

Coursera's enterprise business sells online certificate and degree content from universities to employer L&D buyers for workforce upskilling. It is a broad incumbent in the same adult upskilling category and competes for employer training budget that Foundry College targets.

TypeBroad incumbent
Description

2U partners with universities to deliver online degree and short-course programs and sells them to working adults and employer-sponsored learners. It is a broad incumbent in the same online adult-learning category.

TypeDirect peer
Description

BloomTech runs online skills bootcamps and short-form programs aimed at adult learners seeking to enter or advance in tech careers. It is comparable as a workforce-training operator targeting working adults with employer and income-share agreement revenue models.

TypeRegional player
Description

Galvanize (now part of Kyndryl) historically ran immersive tech bootcamps and coworking campuses for adult learners, primarily US-based. It is comparable as an adult-tech training provider targeting career-changers, though its current operating footprint is narrower than Foundry College's stated mission.

TypeDirect peer
Description

Merit America provides short-duration, employer-aligned training programs that move working adults into higher-wage jobs in tech-adjacent and digital-economy roles. It is comparable because it targets working adults, sells through employer and workforce-development buyers, and competes for the same reskilling dollars.

TypeDirect peer
Description

Pathstream partners with universities and employers to deliver online certificate programs designed for working adults seeking job-relevant skills. Its employer-sponsored, adult-learner model and outcomes-driven positioning closely mirror Foundry College's working-adult, automation-resistance thesis.

TypeDirect peer
Description

General Assembly is a workforce-training provider offering short-format courses and bootcamps in tech, data, and business skills to working adults and employer-sponsored learners. It is directly comparable to Foundry College in target learner, employer-buyer channel, and adult-reskilling thesis.

TypeEmerging player
Description

NPower delivers free tech training and job-placement programs to underserved adults, funded through employer partnerships and government workforce grants. It competes for the same working-adult, employer-buyer, and grant-funded reskilling dollars that Foundry College targets.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat2 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors5 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Foundry College

Adult & Workforce Educationfoundrycollege.org

Foundry College is a San Francisco-based edtech company founded in 2018 that delivers skills training to working adults seeking roles not being displaced by automation. It operates with 11-50 employees under CEO Akiba Covitz and Founder/CAO Stephen Kosslyn.

What Foundry College does

Foundry College is a San Francisco-based, for-profit edtech company founded in 2018 that delivers skills training to working adults seeking roles not being displaced by automation. The company's stated mission centers on equipping learners with practical, durable competencies, and it is led by CEO and President Akiba Covitz alongside Founder and Chief Academic Officer Stephen Kosslyn, with Karen Adams heading marketing. The organization operates with a small team of 11-50 employees and has no public app, API, or platform integrations documented in the source material.

The company has raised approximately $8 million in aggregate disclosed funding across three venture rounds between October 2018 and March 2021. Learn Capital led the initial $6 million round in 2018 and participated in a $1 million follow-on in December 2019 alongside LearnStart and Ulu Ventures; a further $1 million was raised in March 2021 led by Zanichelli Venture, with Brahma AG also participating. The capital is described as supporting ongoing growth and development, with no specific product, pricing, or enrollment details disclosed in available sources.

No detailed information on curriculum structure, delivery modality (online, in-person, hybrid), credentialing, employer partnerships, tuition pricing, or learner outcomes is present in the input data. The company's geographic footprint is anchored in California, and there is no indication of international expansion beyond the involvement of European investors in the 2021 round. Revenue, profitability, and post-2021 operating metrics are not disclosed.

Foundry College firmographics

Firmographics
Name
Foundry College
Legal name
Foundry College
Website
https://foundrycollege.org
Company type
Private
Founded year
2018
Operating status
Operating
Headcount range
11–50 employees
Short description
Foundry College is a San Francisco-based edtech company founded in 2018 that delivers skills training to working adults seeking roles not being displaced by automation. It operates with 11-50 employees under CEO Akiba Covitz and Founder/CAO Stephen Kosslyn.
Ownership category
akta.pro rank

Foundry College industry classification

Industry
Product category
Adult & Workforce Education
NAICS
Apprenticeship Training (611513), Technical and Trade Schools (6115)
SIC
Metalworkg Machinery & Equipment (3540)
akta.pro primary industry
CNC Plasma/Laser Cutting & Automated Fabrication Training (EDAOADAH)
akta.pro secondary industries
Sheet Metal Fabrication & Light-Gauge Metalwork Training (EDAOADAD), Makerspaces & Fab Labs (Open Build Studios) (EDAMADAC), Additive Manufacturing Education & Academic Programs (IMAAAJAB)

Keywords

  • Adult online education
  • Workforce skills training
  • Career advancement programs
  • Automation-resistant careers
  • Professional reskilling courses

Where Foundry College is headquartered

Location

Headquarters

HQ city
San Francisco
HQ country
United States
HQ region
North America

Markets served

Foundry College business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations

Foundry College product offering

Product offering

Core offering

Foundry College is an education and training company that equips working adults with the skills and knowledge needed to excel in jobs not being displaced by automation. It operates as an online adult-education platform serving individual career-oriented learners in the United States.

Product overview

Foundry College is described as a California-based edtech startup that secured $1 million in venture capital funding. No specific products, modules, or service offerings are detailed in available sources.

Differentiator

Problem solved

Functional benefit

Products and services

  • Foundry College Adult Education Programs

Companies that use Foundry College

Customer profile

Ideal customer profiles1 record

Foundry College technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Foundry College partnerships and signals

Strategic signal

Scale indicators1 record

Recent moves5 records

Expansion highlights1 record

Foundry College competitors and assessment

Company assessment

Emerging players

  • Year Up: Year Up is a workforce-development nonprofit providing training and corporate internships to young adults and career-changers entering tech and business roles. It is comparable as a mission-driven adult-training organization competing for employer partnerships and workforce-development funding.
  • NPower: NPower delivers free tech training and job-placement programs to underserved adults, funded through employer partnerships and government workforce grants. It competes for the same working-adult, employer-buyer, and grant-funded reskilling dollars that Foundry College targets.

Direct peers

  • Springboard: Springboard offers online mentor-guided career tracks in tech and data for adult learners seeking job-ready skills. It overlaps with Foundry College on adult learner, online-delivery, and outcomes-oriented workforce training.
  • BloomTech (formerly Lambda School): BloomTech runs online skills bootcamps and short-form programs aimed at adult learners seeking to enter or advance in tech careers. It is comparable as a workforce-training operator targeting working adults with employer and income-share agreement revenue models.
  • Merit America: Merit America provides short-duration, employer-aligned training programs that move working adults into higher-wage jobs in tech-adjacent and digital-economy roles. It is comparable because it targets working adults, sells through employer and workforce-development buyers, and competes for the same reskilling dollars.
  • Pathstream: Pathstream partners with universities and employers to deliver online certificate programs designed for working adults seeking job-relevant skills. Its employer-sponsored, adult-learner model and outcomes-driven positioning closely mirror Foundry College's working-adult, automation-resistance thesis.
  • General Assembly: General Assembly is a workforce-training provider offering short-format courses and bootcamps in tech, data, and business skills to working adults and employer-sponsored learners. It is directly comparable to Foundry College in target learner, employer-buyer channel, and adult-reskilling thesis.

Broad incumbents

  • Coursera for Business: Coursera's enterprise business sells online certificate and degree content from universities to employer L&D buyers for workforce upskilling. It is a broad incumbent in the same adult upskilling category and competes for employer training budget that Foundry College targets.
  • 2U: 2U partners with universities to deliver online degree and short-course programs and sells them to working adults and employer-sponsored learners. It is a broad incumbent in the same online adult-learning category.

Regional players

  • Galvanize: Galvanize (now part of Kyndryl) historically ran immersive tech bootcamps and coworking campuses for adult learners, primarily US-based. It is comparable as an adult-tech training provider targeting career-changers, though its current operating footprint is narrower than Foundry College's stated mission.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

Foundry College financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Foundry College leadership team

Management profile

Number of profiles

Profiles3 records

Foundry College funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Foundry College M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Foundry College

What does Foundry College do?

Foundry College is an education and training company that equips working adults with the skills and knowledge needed to excel in jobs not being displaced by automation. It operates as an online adult-education platform serving individual career-oriented learners in the United States.

Is Foundry College a public or private company?

Foundry College is a private company. It is classified as venture growth investor backed and is currently operating.

When was Foundry College founded?

Foundry College was founded in 2018. It employs 11 to 50 people.

Where is Foundry College based?

Foundry College is headquartered in San Francisco, United States, in the North America region.

Who are Foundry College's main competitors?

Emerging players on record are Year Up and NPower. Direct peers are Springboard, BloomTech (formerly Lambda School), Merit America, Pathstream and General Assembly. Broad incumbents are Coursera for Business and 2U. Galvanize is listed as a regional player.

Does Foundry College have an API?

No public API is recorded for Foundry College.

What industry is Foundry College in?

Foundry College's product category is Adult & Workforce Education. Its primary akta.pro industry code is EDAOADAH, CNC Plasma/Laser Cutting & Automated Fabrication Training, with a secondary code of EDAOADAD, Sheet Metal Fabrication & Light-Gauge Metalwork Training. Its NAICS code is 611513 and its SIC code is 3540.

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Live signals
FinSMEsFoundry College Raises $1M in FundingFoundry College, based in San Francisco, CA, raised $1M in funding, led by Zanichelli Venture through an open convertible note. The funds will be used to expand the college's reach nationwide, enhancing its offering of face-to-face classes in an online environment. This funding aims to align the college's programs with the skills demanded in today's job market.GlobeNewswireFoundry College Offers Deferred Tuition on Salesforce, Project Management Credentialed Certificate ProgramsFoundry College announced an interest-free deferred tuition plan for its Salesforce Admin and Project Management certificate programs, requiring only a $250 deposit. The plan also extends program discounts to $400 per course, with applications due April 17 for the May 2020 cohort.GlobeNewswireNew Foundry College Certificate Programs Feature Salesforce and Project Management CredentialsFoundry College launched two credentialed certificate programs: Salesforce Admin Super Set and Project Management, each combining professional skills courses with industry certifications. The programs target entry-level Salesforce admin and project management roles, with reduced pricing starting May 2020 at $400 per course.GlobeNewswireFoundry College Offers Forge Learning Platform to Educational InstitutionsFoundry College announced it will offer its Forge learning management platform as a managed service to educational institutions. The platform replicates a physical classroom with live video, active learning, and real-time data, and can host up to 200 students. It was created by Dr. Stephen M. Kosslyn and launched in 2018.FinSMEsFoundry College Secures $6M in FundingFoundry College, a San Francisco-based online two-year college for working adults, raised $6M in funding from Learn Capital. The company, founded in 2018 by Dr. Stephen M. Kosslyn, will launch its first class in January 2019. The curriculum integrates practical training with broad education to ensure job-relevant skills.GlobeNewswireFormer Harvard Dean Starts Foundry College To Educate Working Adults for Middle-Skills JobsFoundry College, founded by former Harvard Dean Stephen Kosslyn, announced its first class in January 2019 after raising $6 million from Learn Capital. The online two-year college targets working adults for middle-skills jobs, with tuition waived for the first class. It plans to apply for accreditation and award an Associate's Degree in Business Management.