About Degreed
Degreed is an Education company based in Pleasanton (United States) founded in 2012 by David Blake and David Wiley. Cloud-based LMS platform tracks skills across industries. It operates in the Education and Technology sectors. Degreed has raised $367.07 million across 23 funding rounds from investors including AllianceBernstein, Techstars and Owl Ventures. The company has 543 employees. Degreed has completed 3 acquisitions, including Adepto, Pathgather and Gibbon. Degreed was last valued at $1.4 billion in December 2023. Its chief executive, as recorded, is David Blake. Its website degreed.com draws about 670 thousand monthly visits. Its Indian entity Degreed Apac Private Limited reported revenue of ₹18.80 Cr. Its focus areas include EdTech, Continued Learning, Professional and Online Learning. Its competitors include Coursera, Udemy and MasterClass; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Pleasanton, United States
- Employees 543
- Founders David Blake, David Wiley
- Stage Unicorn
- SectorsEducationTechnology
- Website category Computers Electronics and Technology
- Email••••••••
- Phone•••• ••••
- Website degreed.com
- Social LinkedIn X Facebook
- Legal Name Degreed Apac Private Limited
- Date of Incorporation 04 Jan, 2019
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹18.80 Cr
FY 2024 · +64% YoY
- Indian entity net profit₹1.92 Cr
FY 2024 · 10% margin
- Indian entity EBITDA₹2.99 Cr
FY 2024 · 16% margin
- Total Equity Funding$367.07M (USD)
in 23 rounds
- Latest Funding Round$153M (USD), Series D
Apr 2021
- InvestorsAllianceBernstein
& 32 more
- Employee Count543
- Investments & AcquisitionsAdepto
& 2 more
Associated legal entities of Degreed
Degreed operates through Degreed Apac Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Degreed Apac Private Limited CIN U74999MH2019FTC319055 | Active | 04 Jan 2019 | Mumbai, Maharashtra | ₹18.8 Cr | 30 | 3 | View details |
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 $367.07M
- Total Rounds 23
- Last Round Series D — $153M
- First Round $50,000
(Aug 2012)
- Investors Count 33
Latest 10 of 23 funding rounds of Degreed with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2021 | $30M | Debt – Conventional | – | – | – |
| Apr 2021 | $153M | Series D | $1.4B | Sapphire Ventures, Riverwood Capital | |
| Nov 2020 | $47.6M | Series D | – | – | – |
| Jun 2020 | $32M | Series C | – | Owl Ventures | – |
| Jun 2019 | $35M | Series C | – | AllianceBernstein | |
| Jun 2019 | $40M | Debt – Venture | – | – | |
| May 2019 | $13.92M | Series C | – | – | – |
| Mar 2018 | $42M | Series C | – | Owl Ventures, Jump Capital | |
| Aug 2016 | $3.5M | Series B | – | – | |
| Jan 2016 | $21M | Series B | – | Jump Capital |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2021 | $1.4B | •••••••• |
Last known valuation $1.4B (Dec 2023). 33 investors in total: 32 institutional and 1 angel.
Investors in Degreed
Degreed has secured backing from 33 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include AllianceBernstein, Techstars and Owl Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in edtech companies are made by Owl Ventures. | owlvc.com | Menlo Park, United States | ||
Private debt fund focused on multiple sectors | 1967 | alliancebernstein.com | New York, United States | |
Venture capital and funds of fund firm focused on multiple sectors | jumpcap.com | Chicago, United States | ||
Early-stage investments in US tech and life sciences are targeted. | spv.com | Salt Lake City, United States | ||
Ed-tech startups are funded by GSV Ventures through venture capital. | gsv.ventures | San Francisco, United States | ||
Investment management firm focusing on venture capital and direct secondary transactions | founderscircle.com | Campbell, United States | ||
Real estate, venture capital investments, and financial services are provided. | rethink-capital.com | White Plains, United States | ||
Education startups are accelerated via a 3-month New York program. | kaplanedtechaccelerator.com | New York, United States | ||
Venture capital firm partnering with enterprise software companies and early-stage funds. | sapphireventures.com | |||
Carveout investments are managed by Riverwood Capital in private equity. | riverwoodcapital.com | Menlo Park, United States |
Investor details for Degreed
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Degreed Apac Private Limited (Degreed)
Degreed Apac Private Limited is the primary company behind Degreed. The board of Degreed Apac Private Limited currently have 3 directors; the longest-serving is Rhett Jensen Weller, appointed in 2022. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rhett Jensen Weller DIN 09563370 | Director | 14 Apr 2022 | 4 yrs 6 mo | Degreed Apac Private Limited |
| Sandeep Beotra DIN 10266744 | Director | 07 Aug 2023 | 3 yrs 3 mo | Degreed Apac Private Limited |
| Ashu Jindal DIN 10688284 | Additional Director | 06 Jan 2025 | 1 yr 10 mo | Degreed Apac Private Limited |
People of Degreed
172 people are tracked at Degreed (68 in leadership, 104 in team); the tracked headcount is 543.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Co-CEO | Leadership | |
David Wiley | Founder | Leadership |
Meghan Turjanica | Product Director Of Skills | Leadership |
John O'Neill | Director Of Professional Services - EMEA Sales | Leadership |
Shaun Rodnick | Director of Key Accounts | Leadership |
George Bryant | Client Success Director - Strategic Accounts | Leadership |
Devlin Janssens | Regional Vice President EMEA | Leadership |
Colby Cabral | Vp, Corporate Controller | Leadership |
Carolyn Freeman | Senior Director, Client Success, Emea, APAC | Leadership |
Jenna Rinehart | Client Success Director | Leadership |
Chris Whitchurch | Vp, Engineering - Applications | Leadership |
Susie M. Lee | Advisor & Chief Learning Officer In Residence | Leadership |
Sanjay Parmar | CTO | Leadership |
Vince Penkala | Vice President Global Professional Services | Leadership |
Eva María Raimondo | Vice President Of Sales Latin America & Caribbean | Leadership |
Emma Moran | Senior Director Of GTM Operations | Leadership |
Valerie McDonough | Director, Sales | Leadership |
Nag Chandrashekar | Chief Product And Platform Officer | Leadership |
Alex Burns | Director, Professional Services | Leadership |
Nicole Helmer | Chief Product Officer | Leadership |
152 more people are available in the full profile.
Complete people profiles for Degreed
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Financials of Degreed
Figures of Degreed Apac Private Limited, the primary company behind Degreed, for FY 2024. Revenue was ₹18.80 Cr (+64% year on year). Net profit was ₹1.92 Cr (10% margin). EBITDA was ₹2.99 Cr (16% margin). Revenue has grown at a compounded annual rate of +34% over three years.
- ₹18.80 CrRevenue · FY 2024 · +64% YoY
- ₹1.92 CrNet profit · 10% margin
- ₹2.99 CrEBITDA · 16% margin
- ₹1 LakhPaid-up capital
- 30Employees (provident fund records)
- +34%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Degreed Apac Private Limited are on its company page.
Detailed financial statements 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, Pathgather and Gibbon.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Contingent workforce is managed via a cloud-based platform. | adepto.com | London, United Kingdom | 2013 | Dec 2019 | •••• | |
Social learning platform for enterprise | pathgather.com | New York, United States | 2012 | Jun 2018 | •••• | |
Learning path creation and sharing tool for teams | gibbon.co | Leiden, Netherlands | 2013 | Mar 2016 | •••• |
Complete acquisition details for Degreed
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Degreed
7 dated milestones of Degreed across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Degreed is founded.
- Funding First funding round of $50K.
- Acquisition Acquires Gibbon.
- Acquisition Acquires Pathgather.
- Acquisition Acquires Adepto.
- Funding Latest funding round, Series D, of $153.0M.
- Milestone Reaches Unicorn status.
Competitors of Degreed
Degreed has 3 listed competitors in our database, 3 of them funded. They include Coursera, Udemy and MasterClass.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| coursera.org | 2012 | Mountain View, United States | $443.17M | 443 | An online platform for multi-course education is operated. | |
| udemy.com | 2010 | San Francisco, United States | $273.59M | 883 | Online courses in diverse subjects are provided via a marketplace. | |
| masterclass.com | 2012 | San Francisco, United States | $461.4M | 623 | Online courses in creative fields are delivered by celebrity experts. |
Detailed competitors of Degreed
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Web traffic of Degreed
The website of Degreed (degreed.com) receives about 670.1K visits a month and ranks #61,060 among all websites worldwide, #7,284 in Computers Electronics and Technology.
- Monthly visits670.1K
▼ 19.3% vs previous month
- Unique visitors293K
per month
- Global rank#61,060
among all websites
- Category rank#7,284
Computers Electronics and Technology · Computers Electronics and Technology
- Bounce rate46%
- Pages per visit3.3
- Average visit2 min 30 sec
- DevicesDesktop 47% · Mobile 53%
Websites whose visitors overlap most with Degreed. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| figma.com | 100% | 84.7M | #221 | View details | |
| accredible.com | 95% | 437.8K | #95,054 | View details | |
teachyourselftocode.com | teachyourselftocode.com | 94% | – | ||
| nycda.com | 94% | View details | |||
| cypherlearning.com | 92% | 61.5K | #602,197 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 32 similar websites and full traffic analytics for Degreed
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- 32 similar websites
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Top companies in Corporate & Professional Learning Platforms
3 companies that operate in the same segment as Degreed (Corporate & Professional Learning Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a platform providing gamified language learning through interactive exercises | 2011 | Pittsburgh, Pennsylvania, United States | USD 183.3 M | USD 748.02 M | 900 | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Professional certification programs are delivered through a mobile platform. | 2010 | San Francisco, California, United States | USD 80.82 M | USD 69.48 M | 1,207 |
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Related news about 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 CEO of Degreed, as recorded in our data. They have also founded this 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 B of $21M, raised on Aug 2012.
Degreed has 543 employees.
The primary company behind Degreed, Degreed Apac Private Limited, reported revenue of ₹18.80 Cr for FY 2024, up 64% year on year.
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 Udemy.
Degreed has made 3 acquisitions, including Adepto, Pathgather, and Gibbon.
Degreed has 33 investors. Key investors include AllianceBernstein, Techstars, Owl Ventures, Jump Capital, and Signal Peak.
The valuation of Degreed is $1.4B as of Dec 2023.
Degreed operates through Degreed Apac Private Limited.