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Funding
Go1 raises USD 200 million in Series D funding
EdTech: Corporate Learning
Jul 19, 2021
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EdTech: Corporate Learning

EdTech: Corporate Learning

Jul 19, 2021

Go1 raises USD 200 million in Series D funding

Funding

  • Australian firm Go1, a platform that aggregates and curates corporate learning content, raised USD 200 million in Series D funding that values the company at more than USD 1 billion. The round was led by SoftBank’s Vision Fund 2, AirTree Ventures, and Salesforce Ventures, with participation from Blue Cloud Ventures, Larsen Ventures, Madrona Venture Group, Microsoft’s M12, SEEK, TEN13, and Scott Shleifer and John Curtius of Tiger Global. 

  • The funding will be allocated toward expanding the company’s footprint beyond its home market of Australia, and deeper into the US, Europe, and Asia Pacific. Go1 also plans to expand its partnerships, and build on the services it currently provides in the form of personalizing content and providing analytics relating to content usage.

  • The company's previous funding round was a USD 40 million Series C in 2020.

  • Founded in 2015 by Andrew Barnes, Vu Tran, Chris Eigeland, and Chris Hood, Go1 aggregates and curates learning content for businesses. The platform’s library hosts about 150,000 pieces of content from around 1,000 sources including Pearson, EdX, Coursera, Skillsoft, Blinkist, and the Harvard Business Review. Content providers receive royalties based on the consumption of their content. Go1 also offers curated bundles of content called “playlists” created by the platform or by customers. 

  • The company aims to provide businesses with a single platform to access materials from different publishers and creators without requiring multiple subscriptions. It also seeks to integrate into businesses’ existing education or training platforms whether it be SAP, Workday, Salesforce, or a Microsoft-based platform. 

  • As of July 2021, about 3.5 million users across more than 1,600 businesses used Go1 with the company’s user base reportedly having grown by more than 300% over the past year.

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