Upduo, a San Francisco, CA-based provider of a peer-to-peer learning platform for data-driven teams, raised $4M in Seed funding.
The round was led by Impact Venture Capital with participation from Sky9 Capital and angels like Tim Crow.
The company intends to use the funds to address the training needs of even more industries and use ML to deliver intelligent personalized learning for teams, and expand its gamification features to improve employee retention.
Co-founded in 2020 by Wei Sun (CEO), Mike Mendelson (CLO), and Ben Chang (CPO), Upduo provides a workplace that uses education and peer-to-peer learning practices to empower sales and retail workers to be fast, prepared, and engaged. It identifies the ideal pairs in a company to practice skills and have intentional conversations around core business topics. Partners then connect on the mobile app to have guided one-on-one video conversations designed to boost confidence, practice new concepts, and ask questions. Sessions are meant to be short and engaging, utilizing gratification features to help workers feel recognized for their achievements while its team of licensed educators helps companies design the perfect conversations to maximize engagement, authenticity and impact.
Since 2020, over 500,000 learning sessions have happened on Upduo with teams located across more than 1,000 customer locations. The company works with notable clients like Amazon, Motorola, McKinsey, and Prime Communications.
FinSMEs
14/03/2023