Degreed Raises $32M in Funding


Degreed, a Pleasanton, CA-based upskilling platform, raised $32m in funding.

The round, which brought total funding raised to date to $182m, was led by Owl Ventures.

The company intends to use the funds to continue to expand operations and its business reach.

Led by Chris McCarthy, CEO, Degreed provides companies with a platform that enables employees to develop their skills and create skill profiles. Using that data, the platform can then promote career mobility by connecting users to project, gig, and job opportunities. Degreed integrates and curates all the resources people use to learn — including learning management systems and millions of courses, videos, articles, books, and podcasts.

The company has additional offices in Salt Lake City, New York, London, Amsterdam, and Brisbane.

Clients include Ford, Fidelity Investments, and South Africa’s Standard Bank.



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