Degreed Raises $7M in Series A Funding

Funding Rounds

Summary

Degreed, a San Francisco, CA and Salt Lake City, UT-based edtech startup, raised $7m in Series A funding.The round was led by Signal Peak Ventures with participation from Peak Ventures, Deborah Quazzo of GSV Advisors and other existing investors.The company intends to use the funds for product development and demand generation.Founded in 2012 by David Blake, CEO, Degreed provides individuals and organizations with a platform to track, measure and validate all academic, professional and informal learning and including libraries of curated learning content from thousands of different platforms and partners.Launched in January 2013, the company participated in the Kaplan EdTech Accelerator powered by TechStars in Summer 2013.

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Amount $9.0M Total raised
Date March 19, 2015 Announcement date
Investors Peak Ventures, Cougar Capital, Signal Peak Ventures, Degreed Lead investors
Company http://www.degreed.com Funded company

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AskAI Classifications

Labels
Learning Management System Enterprise Software SaaS

Linked Companies

Degreed
$10M to $25M