Though their IRL Unicorn Smash has been put on pause, Corporate training online marketplace, Go1, recently celebrated their Series C funding round of $40M.
The company opened their Utah hub just early last year, but has quickly scaled from 2 team members to almost 35. Go1 is a great addition to the Kiln community as they work towards transforming professional learning on a global scale.
Andrew Barnes and his founding team started Go1 a few years ago in an Australian suburb and have quickly grown to open offices in the United States, South Africa, Vietnam, the United Kingdom, and Malaysia. Their rapid expansion has has been met with strong fundraising efforts starting with a Series A raise of $10M backed by Seek in August 2018. GO1 has now become the first Australian start-up to be backed by M12, Microsoft’s global venture capital arm. In April of last year, the team raised another $30M in their Series B, but they are just getting started.
Over the course of the last year, Go1 has seen a 5x increase in their user base. Their engagement tripling in the last few months as the markets experienced slump. This raise will help continue Go1’s set a course for even faster growth, especially in the NA market.
“GO1’s growth over the last couple of months has been unprecedented and the use of online tools for training is now undergoing a structural shift,” said Andrew Barnes, CEO of GO1, in a statement. “It is gratifying to fill an important void right now as workers embrace online solutions. We are inspired about the future that we are building as we expand our platform with new mediums that reach millions of people every day with the content they need.”
Go1 is committed to fostering strategic and ongoing learning for all users. Their most recent move toward this includes providing all of their COVID-19 related learning sources complimentary for all.
Kiln congratulates GO1 with their success in a $40M Series C raise and the growth they have found at Kiln and beyond.