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
Employee Count
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Investments & Acquisitions
Adepto
& 2 more
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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
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 23
- Last Round Series D — $153.0M
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First Round
First Round
(27 Aug 2012)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Debt – Conventional - Degreed | Valuation |
investors |
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| Apr, 2021 | Amount | Series D - Degreed | Valuation | Sapphire Ventures , Riverwood Capital | |
| Nov, 2020 | Amount | Series D - Degreed | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments in edtech companies are made by Owl Ventures.
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Founded Year | Domain | Location | |
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Private debt fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture capital and funds of fund firm focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Degreed
Degreed has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Adepto, Gibbon and Pathgather. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| 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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2013 | ||||
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Learning path creation and sharing tool for teams
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2013 | ||||
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Social learning platform for enterprise
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Degreed
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Degreed Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
An online platform for multi-course education is operated.
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| domain | founded_year | HQ Location |
Online courses in diverse subjects are provided via a marketplace.
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| domain | founded_year | HQ Location |
Learning management systems are provided for multiple sectors.
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| domain | founded_year | HQ Location |
Online courses in creative fields are delivered by celebrity experts.
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| domain | founded_year | HQ Location |
Cloud-based learning management system for corporate employee training is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Degreed
Frequently Asked Questions about Degreed
When was Degreed founded?
Degreed was founded in 2012.
Where is Degreed located?
Degreed is headquartered in Pleasanton, United States. It is registered at Pleasanton, California, United States.
Who is the current CEO of Degreed?
David Blake is the current CEO of Degreed. They have also founded this company.
Is Degreed a funded company?
Degreed is a funded company, having raised a total of $367.07M across 23 funding rounds to date. The company's 1st funding round was a Series D of $47.6M, raised on Aug 27, 2012.
What is the annual revenue of Degreed?
Annual revenue of Degreed is $1.38M as on Mar 31, 2023.
What does Degreed do?
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.
Who are the top competitors of Degreed?
Degreed's top competitors include Coursera, MasterClass and Great Learning.
How many acquisitions has Degreed made?
Degreed has made 3 acquisitions, including Adepto, Gibbon, and Pathgather.
Who are Degreed's investors?
Degreed has 15 investors. Key investors include AllianceBernstein, Owl Ventures, Jump Capital, Signal Peak, and GSV Ventures.
What is Degreed's valuation?
The valuation of Degreed is $1.4B as of Apr 2021.