Degreed Raises $21M in Series B Funding

Degreed, a San Francisco, CA and Salt Lake City, UT-based edtech company that provides individuals and organizations with a platform to discover, track, and measure all learning, raised $21m in Series B funding.

The round was led by Jump Capital with participation from Signal Peak Ventures, Rethink Education, Deborah Quazzo and other existing investors.

The company intends to use the funds to accelerate further expansion.

Led by David Blake, Co-Founder & CEO, Degreed provides individuals and organizations with a platform to discover, curate, share, track and value all kinds of learning–from internal portals, external training vendors and over 1,200 providers of free and low-cost informal learning resources–all in a unified system.

Founded in 2012 and first launched in January 2013, the company participated in the Kaplan EdTech Accelerator powered by TechStars in Summer 2013. Previous investments include a $7m Series A funded by Signal Peak Ventures and Peak Ventures and a $1.8m seed round from angels including Mark Cuban and Deborah Quazzo, among others.

FinSMEs

05/01/2015