Degreed, an education technology platform that provides training and upskilling services to professionals, has raised $153M in Series D funding. The round was co-led by Sapphire Ventures and Riverwood Capital with participation from Signal Peak Ventures and Owl Ventures, among others.
How’s the company performing?
- California-based Degreed offers an online education platform to individuals and professionals, assisting users in learning, developing, and measuring their skills.
- The company recently announced that Chris McCarthy will be succeeded by Dan Levin, the former COO of Box, as the new CEO.
- In the last 3.5 years, Degreed has reported a 76% year-over-year growth in revenue and an 800% increase in enterprise value.
- Degreed presently has over 300 clients and extends its solutions to several Fortune 500 companies.
Want the full post? Become a CB Insights customer.
If you’re already a customer, log in here.
The post Sapphire Ventures-Backed Degreed Raises $153M To Digitally Transform Education appeared first on CB Insights Research.