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Sales Impact Academy raises USD 22 million in funding
EdTech: Corporate Learning
Mar 30, 2022
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EdTech: Corporate Learning

EdTech: Corporate Learning

Mar 30, 2022

Sales Impact Academy raises USD 22 million in funding

Funding

<ul><li>Sales Impact Academy, a UK provider of a go-to-market learning platform, raised USD 22 million in a funding round co-led by new investors HubSpot Ventures and MIT Investment Management Company with participation from existing investors Stage 2 Capital and Emerge Education. The round follows its USD 4 million seed and debt funding round in July 2021, bringing the company’s total funding to USD 26.4 million.</ul>

  • The company intends to use the funds for platform development. 

  • The company reported revenue growth of 500% YoY, while its customer base grew to more than 260 from 82. It also stated that its learning community had grown to 14,560 from 3,330 professionals over the past year, and claims to be the largest go-to-market learning community in the world. It increased its headcount to 125 from 25 a year ago, which includes the addition of three executive board members: Ryan Scheuermann (former VP of product and engineering, Process Street) who joined as chief technology officer in September 2021; Tony Jackson (former Tableau, MongoDB, and Snowflake) who joined as chief revenue officer in February 2022; and Katie Landaal (former ZoomInfo) who joined as senior VP of corporate strategy and business development.

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