Go1 turns unicorn raising $200M in Series D at $1B valuation

SaaS News -Go1-raises-$200M-at-a-$1B+-valuation-to-boost-its-curated-enterprise-learning-platform (source: SaaS Industry)
At a Glance

Go1 has attained unicorn status, raising $200 million in its Series D. The company’s total funding raised to date crossed $283 million now and it aims to expand internally, scale and build partnerships using the proceeds from the funding

Go1, a platform helping companies upscale their workforce via on-demand training, has turned unicorn, raising $200 million in Series D at a valuation of $1B in a round co-led by SoftBank Vision Fund 2, AirTree Ventures and Salesforce Ventures.

Go1’s Series C funding round came last year where it netted $40 million from Madrona Venture Group. The total funding raised by Go1 crosses $283 million as per Crunchbase. Other and existing investors – Blue Cloud Ventures, Larsen Ventures, Scott Shleifer and John Curtius from Tiger Global, TEN13, Microsoft’s venture fund M12, Madrona Venture Group, SEEK, and Y Combinator participated in the funding round.

Andrew Barnes, co-founder and CEO, stated that the funding Go1 had received thus far was instrumental to its growth and stressed that expanding in the US would allow it to engage, communicate and support customers better, especially when new hybrid work models are considered.

As society transitions out of the pandemic, ensuring that employees have opportunities to explore learning and development resources will be essential for team retention and encouraging employee growth within the organization

Andrew Barnes, co-founder and CEO

According to Mr. Barnes, Go1 would use the funding to expand internally with new global offices, hire and turn hyper-focused towards growing its user base, advancing its product features for its customers.

Nagraj Kashyap, a managing partner at SoftBank Investment Advisers, stated that Go1 has emerged as a category leader in providing corporate learning and enunciated that. Go1’s AI and machine learning-powered platform provided an intuitive experience, creating opportunities for individuals to expand their professional development goals.

With premier education providers such as EdX, Coursera, Skillsoft, and Harvard as part of Go1’s subscription, organizations can curate learning content to fit the needs and interests of its workforce. We are delighted to partner with Andrew and the Go1 team to help advance their vision of reaching one billion learners,

Nagraj Kashyap, a managing partner at SoftBank Investment Advisers
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