Elearning platform Go1 has achieved a valuation of more than US$2 billion ($2.78 billion) following a $100m capital raise .
Elearning , upskilling and reskilling is a hot space both in Australia and Globally.
The investors
AirTree Ventures, Blue Cloud Ventures, Five Sigma, Madrona, Salesforce Ventures, and SoftBank Vision Fund 2.
What it Does
GO1 is one of the world’s largest corporate education content hubs for on-demand training and resources, expanding its reach in Southeast Asia with offices in Malaysia and Singapore, and in April acquired Swiss-French group Coorpacademy .
The five million-plus learners worldwide in the Go1 database have access to a wide range of content from partners including Pluralsight, EdX, Harvard Business Publishing Corporate Learning and Coursera.
What the Investors Say
Madrona managing director S. Somasegar is excited that GO1 is uniquely suited for the far flung remote workforces of the next decade.
Five Sigma founding partner Peter Mobbs said that in order for corporations to retain and grow their teams they need to invest in their people and 'upskill ' their capabilities.
The CEOs BHAG
Go1 CEO and co-founder Andrew Barnes says the funds will be used to expanding its capabilities and offerings to ensure users have access to education that supports their growth with a BHAG of supporting one billion learners globally.
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