AirTree Ventures, Blue Cloud Ventures, Five Sigma, Madrona, Salesforce Ventures, and SoftBank Vision Fund 2 have invested $100 million in Go1, an Australian professional development platform.
The acquisition raises Go1’s valuation to above $2 billion and brings the company’s total funding to $400 million.
Andrew Barnes and Chris Eigeland founded Go1 in 2015 to provide firms with learning resources for their staff. It now has over five million members worldwide, with North America being its most important market.
The company bought Coorpacademy to join the European market, and it opened operations in Malaysia and Singapore to increase its reach to Southeast Asia. Education Changemakers, a professional workshop provider located in Australia, was also purchased by the platform.
Marc Havercroft was recently named president, Ashleigh Loughnan was named chief people officer, Ben Allen was named chief marketing officer, Antony Ugoni was named chief data officer, and Jared Goralnick was named senior vice president of product management.
The business secured $200 million in a fundraising round headed by SoftBank, AirTree Ventures, and Salesforce Ventures last year, bringing its worth to over $1 billion.
