Cognota Raises $5.5m Series A for LearnOps Platform
Summary
The funding will be used to meet accelerating demand from enterprise customers, drive product development, and launch the worlds first LearnOps certification program to its community members, free of charge.Measuring ROI in todays dynamic business landscape is absolutely vital for L&D leaders seeking to highlight the value and tangible impact of investments in relation to business objectives. In an industry that annually expends a staggering $320 billion, such endeavors have transitioned from being optional to becoming a necessity for every L&D team. Cognotas cutting-edge platform facilitates this process by seamlessly integrating workflows such as intake and program management with budget and resource allocation data, and then uses analytics to help customers make better decisions. By harnessing these capabilities, learning teams can foster a culture of accountability and drive better business outcomes.Raising Series A in the current environment is not easy for a startup. It recently launched partnerships with workplace software providers such as Schoox, ROI Institute, Bluewater Learning and Infopro Learning to offer more innovative solutions to L&D teams.With Cognota, what used to take months can now be done in days, said Steve Fredrick, General Partner at Grotech Ventures.
Funding
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