About Degreed
Degreed is a company based in Pleasanton (United States) founded in 2012 by David Blake. Degreed has raised $367.07 million across 23 funding rounds from investors including AllianceBernstein, Owl Ventures and Jump Capital. Degreed has completed 3 acquisitions, including Adepto, Gibbon and Pathgather. Degreed operates in a competitive market with competitors including Coursera, Udemy, D2L, MasterClass and Docebo, among others.
- Headquarter Pleasanton, United States
- Founders David Blake
- Stage Unicorn
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Sectors
EducationTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Degreed Apac Private Limited
- Date of Incorporation 04 Jan, 2019
- Jurisdiction Borivali West, Maharashtra, India
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Annual Revenue
$1.38 M (USD)27.49as on Mar 31, 2023
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Net Profit
$141.89 K (USD)27.49as on Mar 31, 2023
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EBITDA
$212.4 K (USD)35.7as on Mar 31, 2023
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Total Equity Funding
$367.07 M (USD)
in 23 rounds
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Latest Funding Round
$153 M (USD), Series D
Apr 13, 2021
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Investors
AllianceBernstein
& 14 more
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Employee Count
Not available
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Investments & Acquisitions
Adepto
& 2 more
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People of Degreed
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Software Development Team
59 people
Leadership Team
37 people
Sales and Marketing
15 people
Product Management Team
11 people
Operations Team
6 people
Senior Team
5 people
Finance and Accounting
5 people
Data Analysis and Operations Team
5 people
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Funding Insights of Degreed
Degreed has successfully raised a total of $367.07M across 23 strategic funding rounds. The most recent funding activity was a Series D round of $153 million completed in April 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Degreed
Degreed has secured backing from 15 investors, including venture fund and angel investors. Prominent investors backing the company include AllianceBernstein, Owl Ventures and Jump Capital.
| Investor | Description | Founded Year | Domain | Location |
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Investments in edtech companies are made by Owl Ventures.
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Private debt fund focused on multiple sectors
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Venture capital and funds of fund firm focused on multiple sectors
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Investor details for Degreed
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Investments & Acquisitions by Degreed
Degreed has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Adepto, Gibbon and Pathgather.
Investment portfolio details for Degreed
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Contingent workforce is managed via a cloud-based platform.
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Learning path creation and sharing tool for teams
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Social learning platform for enterprise
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Locked | Locked | 2012 | Locked |
Complete acquisition details for Degreed
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Financial Statements - Degreed
Detailed financials for Degreed
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Degreed Comparisons
Peer comparison for Degreed
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Competitors of Degreed
Degreed operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Coursera, Udemy, D2L, MasterClass and Docebo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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An online platform for multi-course education is operated.
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Online courses in diverse subjects are provided via a marketplace.
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Learning management systems are provided for multiple sectors.
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Online courses in creative fields are delivered by celebrity experts.
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Cloud-based learning management system for corporate employee training is provided.
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Detailed competitors of Degreed
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Latest news on Degreed
Complete news archive for Degreed
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Frequently Asked Questions about Degreed
Degreed was founded in 2012.
Degreed is headquartered in Pleasanton, United States. It is registered at Pleasanton, California, United States.
David Blake is the current CEO of Degreed. They have also founded this company.
Degreed is a funded company, having raised a total of $367.07M across 23 funding rounds to date.
Annual revenue of Degreed is $1.38M as on Mar 31, 2023.
Degreed was founded in 2012 and is headquartered in Pleasanton, United States. A cloud-based learning management system is offered for multi-industry use, focusing on skill development and tracking. Various learning forms, including degrees, conferences, online courses, work experiences, and subscriptions, are measured and validated to generate a unified score. An integrated library is provided for on-platform learning, with skill highlights available at individual and organizational levels.
Degreed's top competitors include Coursera, MasterClass and Great Learning.
Degreed has made 3 acquisitions, including Adepto, Gibbon, and Pathgather.
Degreed has 15 investors. Key investors include AllianceBernstein, Owl Ventures, Jump Capital, Signal Peak, and GSV Ventures.
The valuation of Degreed is $1.4B as of Apr 2021.