InterviewBit Valuation, Funding & Investors

InterviewBit is valued at $710M as of December 2021.

Last InterviewBit valuation

$710M

Series B · Dec 2021

Last InterviewBit funding round

$45M

Series B · Dec 2021

Cumulative funding InterviewBit raised

$67M

across 3 funding rounds

Key investors in InterviewBit

  • Peak XV Partners
  • Tiger Global
  • Global Founders Capital
  • Lightrock

InterviewBit Overview

About InterviewBit

InterviewBit is a global online platform training software developers for technical roles at top tech firms. It offers coding practice problems, mock interviews, and company-specific preparation modules for Google, Amazon, Uber, and Flipkart. Founded in 2015 and headquartered in Bengaluru, India, InterviewBit connects users with hiring partners worldwide. The platform features referral programs and skill assessments used by enterprises in the United States and Asia.


Founded

2015

HQ

IndiaBangalore

Status

Privately held

Customer focus

B2C

Revenue model

Subscription

Valuation

$710M (Dec 2021)

InterviewBit Valuation

InterviewBit is currently valued at $710M, based on its Series B in December 2021.

The $45M round was led by Lightrock.

InterviewBit valuation by funding round

InterviewBit valuation by funding round
DateStageValuation
Dec 2021Series B$710M

InterviewBit Funding History

InterviewBit has raised a total of $67M across 3 funding rounds.

InterviewBit's first fundraising round was a $2M seed round in April 2019. The most recent completed round was a $45M Series B in December 2021.

InterviewBit funding rounds

InterviewBit funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Dec 2021Series BLightrock (lead)$45M$710MInterviewBit Technologies Pvt Ltd, operating as Scaler Academy, is an Indian edtech platform offering upskilling courses to college students and tech professionals, with partnerships for placements including Microsoft, Google, and Amazon. Seven out of every ten Indian unicorns reportedly have a Scaler Academy alumnus. Scaler Academy launched in 2019 and focuses on reskilling in tech domains. The company raised $55 million in its Series B funding round led by Lightrock (Lightrock India/Capital), with participation from Sequoia Capital India, Tiger Global Management, Global Founders Capital, and Rocket Internet; this brought total funding to over $76 million. The round closed around December 2021 (announced January 10, 2022), valuing the company post-money at $710 million USD. Funds are earmarked for global expansion, particularly in India and the US, new product offerings, business verticals, growing the customer base, and strategic acquisitions amid a wave of edtech M&A activity in 2021. The cumulative annual salary of 3,500 Scaler Academy graduates exceeded Rs 700 crore (approximately $85 million USD) as stated by founder Abhimanyu Saxena. This investment was advised by law firms including L&L Partners for InterviewBit and Collyer Law for Lightrock.
Jan 2020Series APeak XV Partners (lead); Tiger Global (lead); Global Founders Capital$20M-InterviewBit, a Bengaluru-based edtech platform focused on interview preparation for software engineers, raised $20 million in a Series A funding round on January 28, 2020, led by Sequoia India (now Peak XV Partners) and Tiger Global, with participation from Global Founders Capital. The company, a Surge 01 startup, operates InterviewBit as a popular website for coding interview prep and had recently launched Scaler Academy, a six-month online computer science program for college graduates and young professionals. Scaler Academy received over 200,000 applications since April 2019, with 2,000 students enrolled and several hundred graduates placed at top tech firms like Google, Amazon, Microsoft, and Samsung. InterviewBit reported over one million registered developers, 300,000 monthly active users, and partnerships with 600 global companies including Google, Amazon, Facebook, NetApp, and Myntra for hiring. The funding was intended to scale enrollment, expand into new markets, invest in curriculum development, and enhance the live teaching product to improve the student-teacher experience. At the time, InterviewBit highlighted the Indian engineering talent gap, noting that only 3.4% of over four million annual engineering graduates were employable for software roles, and 1-5% for specialized areas like AI, mobile, and web development. Total funding across two rounds reached $21.5 million by January 2020.
Apr 2019SeedPeak XV Partners (lead)$2M--

Who has invested in InterviewBit?

4 investors have backed InterviewBit across its funding rounds, including Peak XV Partners, Tiger Global, Global Founders Capital and Lightrock.

Lead investors include Lightrock, Peak XV Partners and Tiger Global.


InterviewBit Investors

Investors in InterviewBit by funding rounds participated
InvestorHQRoundsRoleFirst check
Peak XV PartnersIndiaBangalore2LeadApr 2019
Global Founders CapitalGermanyBerlin1ParticipantJan 2020

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InterviewBit Competitors

InterviewBit competitors include listed companies like DIP, Grupa Pracuj, Upwork and ZIGExN, and private ones like Passage and Apartment List.

Public and private companies comparable to InterviewBit
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
PassageCanadaTorontoPrivate--$657M-
DIPJapanJapanPublicly listed$353M$85M$623M1.5x
Grupa PracujPolandPolandPublicly listed$214M$95M$1B4.4x
UpworkUnited StatesUnited StatesPublicly listed$788M$180M$1.1B1.1x
ZIGExNJapanJapanPublicly listed$188M$38M$290M1.2x
Apartment ListUnited StatesSan Francisco, CAPrivate$37M-$600M16.2x

InterviewBit Public Comps

InterviewBit is still privately-owned, but its public comps include WeBuyCars, Hemnet, Ixigo, Groupon, DIP, EverQuote, American Public Education, Cars.com, Bengo4.com and Maoyan Entertainment.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
WeBuyCars$1.6B$90M0.5x0.5x9.7x8.6x
Hemnet$156M$78M4.8x5.2x9.6x11.1x
Ixigo$128M$8M5.0x4.5x83.7x57.8x
Groupon$498M($19M)1.7x1.7x(45.9x)11.4x
DIP$353M$85M1.5x1.5x6.1x7.4x
EverQuote$693M$62M0.9x0.8x9.9x5.5x
American Public Education$649M$64M1.1x1.1x11.6x7.8x
Cars.com$723M$157M1.4x1.4x6.5x4.8x

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Common questions about InterviewBit

When was InterviewBit founded?InterviewBit was founded in 2015.
Where is InterviewBit headquartered?InterviewBit is headquartered in Bangalore, India.
Is InterviewBit publicly listed?No, InterviewBit is a private, VC-backed company.
What is InterviewBit's valuation?InterviewBit was last valued at $710M in its Series B in December 2021.
How much funding has InterviewBit raised?InterviewBit has raised $67M across 3 funding rounds.
What was InterviewBit's last funding round?InterviewBit's last funding round was a $45M Series B in December 2021, led by Lightrock.
Who are InterviewBit's investors?InterviewBit's investors include Peak XV Partners, Global Founders Capital, Tiger Global and Lightrock.
Which companies are comparable to InterviewBit?Companies comparable to InterviewBit include Passage, DIP, Grupa Pracuj, Upwork, ZIGExN and Apartment List.

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