Mentorly
Mentorly is a Montréal-based B2B SaaS platform that uses AI-powered matching to help organizations run mentorship programs at scale, serving HR and L&D teams with participant-based subscriptions and SOC 2-compliant enterprise integrations.
- Company typePrivate
- Founded2017
- HeadquartersMontréal, Canada
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Mentorly does
Mentorly is a Montréal-based B2B SaaS company that sells an algorithm-driven mentorship platform to organizations operating structured mentoring programs. Founded in 2017, the company targets HR and Learning & Development buyers, positioning the platform as a way to demonstrate measurable ROI on employee development, retention, and engagement initiatives. The platform serves organizations ranging from 50 to 50,000 participants and supports use cases spanning corporate employee development, startup and entrepreneur support, government workforce programs, sports association mentorship, arts professional development, and university alumni networks.
The core product is the Mentorly Platform, centered on an AI-powered matching engine that pairs mentors with mentees based on stated goals, skills, and compatibility factors, with the company claiming a 95% match satisfaction rate. Surrounding capabilities include real-time analytics dashboards for engagement and ROI reporting, automated communications (invitations, reminders, follow-ups), smart scheduling with calendar sync, and a fully customizable white-label portal. A Marketplace add-on extends functionality beyond core matching. The platform integrates with enterprise identity systems via SSO, SAML, and HRIS connectors and is SOC 2 Type 2 compliant.
Mentorly operates a participant-based SaaS subscription model priced on organization scale, with annual billing cadence and a Request a Demo sales motion for enterprise buyers alongside self-serve pricing exploration for mid-market customers. Go-to-market is primarily direct, supported by content marketing, SEO, industry event presence (including SXSW), and customer testimonials. The company has raised approximately $798,963 across two disclosed rounds (Dispatch Ventures in July 2021 and Backbone Angels in March 2022) and operates with a team of 11-50 employees, led by CEO Ashley Werhun.
Mentorly firmographics
Firmographics- Name
- Mentorly
- Legal name
- Mentorly
- Website
- https://mentorly.co
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Mentorly is a Montréal-based B2B SaaS platform that uses AI-powered matching to help organizations run mentorship programs at scale, serving HR and L&D teams with participant-based subscriptions and SOC 2-compliant enterprise integrations.
- Ownership category
- akta.pro rank
Mentorly industry classification
Industry- Product category
- Employee Mentorship Software
- NAICS
- Educational Support Services (611710), Professional and Management Development Training (611430), Human Resources Consulting Services (541612)
- SIC
- Services-Educational Services (8200), Services-Prepackaged Software (7372)
- akta.pro primary industry
- Mentoring, Coaching, Alumni Networking & Peer Support Platforms (EDAFAMAN)
- akta.pro secondary industries
- Coaching, Mentoring & Facilitation Services (BPACANAI), Coaching Leadership & Mentoring Skills (EDABAAAG)
Keywords
Where Mentorly is headquartered
LocationHeadquarters
- HQ city
- Montréal
- HQ country
- Canada
- HQ region
- North America
Markets served
Mentorly business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Subscription: Organization-based subscription model with pricing based on number of participants/users. Platform handles matching, communications, scheduling, and analytics for corporate mentorship programs.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Organization-based subscription with participant scaling |
Distribution channels2 records
Marketing channels5 records
Mentorly product offering
Product offeringCore offering
Mentorly is a SaaS mentorship platform that enables organizations to launch and manage corporate mentorship programs at scale. The platform uses an AI-powered matching algorithm to pair mentors and mentees based on goals, skills, and compatibility, and includes real-time analytics, automated communications, smart scheduling, and a fully customizable white-label portal for HR and L&D teams.
Product overview
Mentorly offers a single unified mentorship platform built for organizations. The core product is the Mentorly Platform, which combines AI-powered smart matching, real-time analytics, automated communications, and customizable white-label portals. The platform is complemented by the Marketplace, an add-on offering that extends functionality. The platform is designed for HR leaders and scales from 50 to 50,000 participants.
Differentiator
Problem solved
Functional benefit
Products and services
- Mentorly Platform An AI-powered SaaS mentorship platform for organizations that uses an algorithm to pair mentors and mentees based on goals, skills, and compatibility. Includes real-time analytics dashboards, automated communications, smart scheduling with calendar sync, white-label customization, SOC 2 compliant security with SSO/SAML/HRIS integrations, and scales from 50 to 50,000 participants. Designed for HR and L&D teams running corporate mentorship programs.
- Mentorly Marketplace
Quantifiable outcome
- 87% higher retention for mentored employees
- +6 more outcomes
Companies that use Mentorly
Customer profileNamed customers14 records
Segments2 records
Ideal customer profiles3 records
Mentorly technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature7 records
Mentorly partnerships and signals
Strategic signalScale indicators8 records
Recent moves6 records
Expansion highlights4 records
Mentorly competitors and assessment
Company assessmentDirect peers
- Everwise: Everwise is an enterprise mentoring and development platform with human-supported matching and analytics — directly competing with Mentorly for corporate L&D and DEI program dollars.
- Chronus: Chronus is a long-established mentorship software platform serving higher-ed, government, nonprofits, and enterprises with matching, reporting, and program management — directly competitive with Mentorly's product and go-to-market.
- Together Software: Together is a peer mentoring and cohort-based platform for communities, education, and corporate programs with matching and analytics — overlapping strongly with Mentorly's HR/L&D and association customer base.
- Mentorloop: Mentorloop is an end-to-end mentoring platform built for organizations with automated matching and engagement analytics — directly competing with Mentorly in mid-market and enterprise L&D deals.
- Qooper: Qooper is a mentorship platform offering matching, sessions, and reporting for organizations — a direct alternative to Mentorly for L&D and HR buyers, often competing in mid-market and SMB deals.
- River: River is a mentorship and coaching platform with matching, content, and program management — a direct competitor to Mentorly with a similar focus on employee engagement and development outcomes.
- MentorcliQ: MentorcliQ is a leading enterprise mentorship software platform with AI-driven matching, analytics, and integrations sold into HR/L&D buyers — directly competing with Mentorly across the same core use cases and customer segments.
Broad incumbents
- Workplace Options: Workplace Options is a broader employee wellbeing and development provider with coaching, mentoring, and learning capabilities that compete with Mentorly for L&D budget at large employers.
- Insala: Insala is an established talent development vendor offering mentoring plus career and leadership development suites — overlapping with Mentorly but at broader HR-tech scale and longer tenure.
Emerging players
- Art of Mentoring: Art of Mentoring blends advisory services with platform tooling for corporate mentorship programs — intersecting with Mentorly's offering for HR/L&D buyers, though with more emphasis on consulting-style delivery.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Mentorly social profiles
Digital presenceMentorly compliance and trust
Trust signalCompliance1 record
Mentorly financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mentorly leadership team
Management profileNumber of profiles
Profiles1 record
Mentorly funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mentorly M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mentorly
What does Mentorly do?
Mentorly is a SaaS mentorship platform that enables organizations to launch and manage corporate mentorship programs at scale. The platform uses an AI-powered matching algorithm to pair mentors and mentees based on goals, skills, and compatibility, and includes real-time analytics, automated communications, smart scheduling, and a fully customizable white-label portal for HR and L&D teams.
Is Mentorly a public or private company?
Mentorly is a private company. It is classified as venture growth investor backed and is currently operating.
When was Mentorly founded?
Mentorly was founded in 2017. It employs 11 to 50 people.
Where is Mentorly based?
Mentorly is headquartered in Montréal, Canada, in the North America region.
How does Mentorly make money?
One revenue line is on record: saaS Subscription.
Who are Mentorly's main competitors?
Direct peers on record are Everwise, Chronus, Together Software, Mentorloop, Qooper, River and MentorcliQ. Broad incumbents are Workplace Options and Insala. Art of Mentoring is listed as an emerging player.
Does Mentorly have an API?
No public API is recorded for Mentorly.
What industry is Mentorly in?
Mentorly's product category is Employee Mentorship Software. Its primary akta.pro industry code is EDAFAMAN, Mentoring, Coaching, Alumni Networking & Peer Support Platforms, with a secondary code of BPACANAI, Coaching, Mentoring & Facilitation Services. Its NAICS code is 611710 and its SIC code is 8200.