• GrowthSpace, a learning and development platform, secured USD 25 million in a Series B funding round led by Zeev Ventures, with participation from existing investors M12 (Microsoft's venture fund) and Vertex Ventures. The round follows its USD 15 million Series A fundraiser in September 2021, bringing its total funding to USD 44 million.

• It plans to use the funds to scale its global operations to meet the increasing demand for G2 category leaders. 

• The company reported a 5x growth in annual recurring revenue (ARR) within 12 months of its Series A funding. It currently has a network of 1,500 experts across 50 countries.   

Analyst QuickTake: GrowthSpace investors stated that during this period of high inflation, rate hikes, and overall economic downturn they would only consider investing in businesses that had a high potential of success. This is reaffirmed by its users: more than 95% of employees who have undergone a GrowthSpace program and 90% of their direct managers have reported an improvement in business performance. Additionally, the platform’s performance analytics measure the impact on the organizational KPIs.