Degreed Raises $153M in Series D Funding

Funding Rounds

▤ Summary

The round, which valued the company at $1.4 billion, was co-led by Sapphire Ventures and Riverwood Capital. Technology enhancements will focus on upgrading Degreed’s reporting and analytics and integrations. Led by new CEO Dan Levin, former COO of Box (NYSE:BOX), and who will succeed Chris McCarthy, and Kat Kennedy, President and Chief Experience Officer, Degreed is a workforce upskilling platform that connects learning, talent development, and internal mobility opportunities to intelligence on the skills a business needs next. McCarthy will remain in a strategic advisory capacity and sit on Degreed’s Board of Directors. Founded in 2012, the company is headquartered in Pleasanton, California, with additional offices in Salt Lake City, New York, London, Amsterdam, and Brisbane.

$ Funding

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Amount $153.0M Total raised
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Date April 13, 2021 Announcement date
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Investors Degreed Lead investors
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Company http://www.degreed.com Funded company

▥ Classifications

industries
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applications
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◇ AskAI Classifications

Labels
Learning Management System Enterprise Software SaaS

▦ Linked Companies

Degreed
$10M to $25M