• Go1, an Australian EdTech platform, raised USD 100 million (~AUD 139 million) from investors such as AirTree Ventures, Blue Cloud Ventures, Five Sigma, and Madrona. This brings its total funding to USD 400 million, valuing Go1 at USD 2 billion (~AUD 2.8 billion).

• The company intends to use the funds for platform development, mainly focusing on new content and resources. 

• The company reported that it currently serves 5 million+ learners globally, with most users based in North America, but Go1 plans to expand further into Europe and Southeast Asia. Additionally, the company reported that it is offering content from Pluralsight (an online education platform) and Harvard Business Publishing (a publishing company) and that it has several initiatives planned for the year.

• The firm also reported that it expanded its leadership team, with the appointment of Marc Havercroft, former global chief customer officer of SAP SuccessFactors, as president. Additionally, Go1 stated that its headcount increased to 500 from 400 in March 2022. 

<ul><li> Analyst QuickTake: Investors believe that in order for enterprises to attract and retain the best employees, they must invest in EdTech partners that focus on high-quality content and address current workspace and career requirements. With enterprises transitioning to adopt the hybrid work model on a permanent basis, the focus on educational resource providers like Go1 has increased. As a result, the company expanded its product capabilities via acquisitions, such as Coorpacademy, a learning experience platform, to extend its French and German language content (acquired in April 2022), and Education Changemakers, an Australian provider of professional learning workshops and personalized support for teachers and school leaders (February 2022).</ul>