Degreed Raises $3.5M in Series B

What does Degreed do?

Degreed, is an education tech company which has created beautiful, engaging and intuitive way of empowering and recognizing all forms of lifelong and professional learning. It leverages the total learning ecosystem. Individuals and organizations use this company for finding, tracking and recognizing all learning. The company scores and organizes users formal and informal enabling users in unlocking learning and employment opportunities.

How much Degreed was funded?

The company raised $3.5M in Series B on August 16, 2016 from Rethink Education, Jump Capital, Signal Peak Ventures and GSV Acceleration

Previous funding

• $900k on November 30, 2012
• $1.8M on January 21, 2014
• $7M in Series A on March 19, 2015 from Peak Ventures, Signal Peak Ventures and BYU Cougar Capital
• $21M in Series B on January 5, 2016 from Rethink Education, Jump Capital, Signal Peak Ventures and Deborah Quazzo

What is next for Degreed?

The company plans to use the latest funding raised for fueling its growth and enhancement of its comprehensive learning and skills verification platform. The company is changing how people learn and how organizations train and develop their people. The company is thrilled to carry forward its mission with the latest funding raised. The company has Kelly Palmer, Chief Learning Officer, Tim Ellinger, CSO. The company has recently introduced its 1^st native mobile app, to help users track, discover, use and share learning from any kind of source. It has increased employee base internationally, hiring from Europe, Asia, Canada.

More about Degreed

Degreed was founded on March 1^st, 2012 by Eric Sharp and David Blake. It has its headquarters in San Francisco, California. It also has offices in Amsterdam and Netherlands. The company was founded for making all career and lifelong learning matter, both for individuals and organizations. The company enables everybody in discovering, tracking and quantifying all forms of learning from any source.