California based Workforce Upskilling platform Degreed raises $32 million
PLEASANTON, Calif., June 18th, 2020 -- Upskilling platform, Degreed has raised $32 million in new funding in direct response to overwhelming demand for better skill insights, talent mobility, and a user-focused learning experience.
Owl Ventures led this latest round, bringing Degreed’s total funding to $182 million.
According to Human Resource Executive, 75% to 80% of workers don’t complete their HR system’s talent profile, leaving organizations without a critical data set needed to inform agile business decisions. Degreed helps companies overcome this gap by enabling 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. This round of funding will acceler...