| Founded | 2013 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Edtech |
| Total raised | $51M |
| Collapse type | Mass Layoff Spiral |
| Founder | Gautam Tambay |
Springboard
"The online tech bootcamp raised $51M promising job guarantees and laid off 70% when the tech hiring market collapsed"
Cascading layoffs that accelerated the decline
Key Events Timeline
Springboard was a San Francisco-based online skills training platform offering intensive bootcamps in data science, UX design, machine learning, and software engineering with income share agreements and job guarantees — if you didn't get a job within 6 months, tuition was refunded.
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