Degreed raises $21M in Series B

What does Degreed do?

Degreed, is a edtech company which has created a universal way of empowering and recognizing all forms of professional and lifelong learning. It leverages the entire learning ecosystem. Individuals and organization use this company for finding, tracking and recognizing all learning. The company scores and organizes users formal and informal allowing users in unlocking employment and learning opportunities. The company is free for individuals for using and its learner first approach has led to rapid corporate success after the launch of their consumer friendly, enterprise solution in fall 2014.

The company helps people in discovering, sharing,  tracking and value all kinds of learning from internal portals, external training vendors and more than 1,200 providers of free and low cost informal learning resources all in a single system.

How much Degreed was funded?

Degreed raised $21M in Series B on January 5, 2016 from Deborah Quazzo, Signal Peak Ventures, Rethink Education and Jump Capital.

Previous funding

• $900k on November 30, 2012
• $1.8M on January 21, 2014
• $7M in Series A on March 19, 2015 from BYU Cougar Capital and Peak Ventures

What is next for Degreed?

Degreed believes that there a lot of pathways to expertise. The company was built the only universal for everyone for measuring all learning and pursuing skills and knowledge from all avenues. This platform is changing the way companies think about learning and development. The company’s latest investment has enabled it a more aggressive sales strategy, robust product innovation and an expansion of marketing activities. The company has increase from 3 to nearly 100 clients this last year, including fortune 10, 20 and 50 clients from the tech and financial services industries.

More about Degreed

Degreed was founded on March 1, 2012 by David Blake and Eric Sharp. It has its headquarters in San Francisco, California. This company discovers, tracks and measures all learning.