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DeepHow raises USD 14 million in Series A funding
EdTech: Corporate Learning
Apr 27, 2023
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EdTech: Corporate Learning

EdTech: Corporate Learning

Apr 27, 2023

DeepHow raises USD 14 million in Series A funding

Funding

  • DeepHow, an AI-based solution for workforce training, raised USD 14 million in a Series A funding round led by Owl Ventures, with participation from new investor LG Technology Ventures and existing investors Sierra Ventures, Qualcomm Ventures, and Osage Venture Partners.

  • The company plans to use the funds toward go-to-market initiatives and advancing its product, engineering, and generative AI innovation. 

  • DeepHow also reported that its AI-powered knowledge-capture and learning platform experienced 3x YoY growth since its launch. 

  • Analyst QuickTake: The oversubscribed Series A funding round will provide DeepHow with the resources required to execute its growth strategy, maintain its competitive edge in the market, and continue innovating. The investor confidence reflected in the oversubscription is a positive signal for the company's future prospects and its ability to drive long-term value for its stakeholders.

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