Degreed, Inc.

Degreed, Inc. is a technology firm focused on delivering a comprehensive learning experience platform to help organizations develop and enhance workforce skills through personalized learning paths. Founded in 2012, Degreed, Inc. is headquartered in Pleasanton, US.

The company offers an integrated learning platform designed to bridge skill gaps in the workforce. The founders include Brahim Hamichan, Eric Sharp, Nagib Khater, Sarah Sharp, and Will MacNamara. David Blake and Joanna Chen currently serve as the company's CEOs. Degreed has successfully completed 21 funding deals, most recently raising USD 153.

00 mn in a Series D round on June 28, 2021, with investments from AllianceBernstein, GSV Ventures, OWL Ventures, Riverwood Capital, Sapphire Ventures, and Signal Peak Ventures. The total amount raised by the company stands at USD 153. 00 mn, with a current valuation of USD 1,205. 82 mn.

Degreed offers a learning experience platform that enables organizations to curate, manage, and track learning resources for employee development. The platform is designed to address workforce skill gaps by providing personalized learning paths tailored to individual career aspirations and organizational goals. It serves a diverse clientele, including corporations, educational institutions, and governmental bodies, and is operational in North America, Europe, and parts of Asia, where there is a growing demand for enhanced employee upskilling. Degreed generates revenue through a subscription-based model targeted at businesses and organizations focused on improving learning and development.

Clients engage with the platform via annual contracts, granting access to a range of tools and resources for employee training. The subscription model is scalable, with tiered pricing plans that align with the varying needs and sizes of organizations, equipped with flagship services to track and analyze learning engagement outcomes. Degreed plans to utilize its recent funding to expand into new and emerging markets, enhancing its market presence. While specific upcoming products have not been disclosed, the company is focused on growing its business capabilities and offerings.

The funding from the Series D round will facilitate this expansion strategy, aimed at reaching new customer segments and increasing their global footprint.