EdTech Go1 has raised over $100m in its latest funding round, increasing the company’s valuation to more than $2bn.
Go1 has grown from being a garage startup in Brisbane to become the world’s largest corporate education content hub for on-demand training and resources.
The new capital will help Go1, which has a London office and a significant UK customer base, accelerate its journey to reach a billion learners.
The round brings Go1’s total funding to over $400M. Participants in the latest round include AirTree Ventures, Blue Cloud Ventures, Five Sigma, Madrona, Salesforce Ventures, and SoftBank Vision Fund 2.
GO1 CEO Andrew Barnes said: “Leading organisations are recognising the acute need to future-proof their workforces by providing comprehensive learning and development opportunities.
“The incredible team at Go1 has made huge strides in expanding our capabilities and offerings to ensure users have access to education that supports their growth. These recent investments allow Go1 to build on that momentum to explore new content and resources, enabling our platform to meet the needs of every organisation and employee, and brings us closer to our goal of supporting one billion learners globally.”
The new investment round also coincides with key appointments to the executive leadership team. In addition to recently welcoming Marc Havercroft, formerly of SAP SuccessFactors, as President, Go1 has recruited Ashleigh Loughnan as Chief People Officer; Ben Allen as Chief Marketing Officer; Antony Ugoni as Chief Data Officer; and Jared Goralnick, Senior Vice President, Product Management.
North America has recently emerged as Go1’s largest market, and the company has also announced a further step into the European market via the acquisition of Coorpacademy.