Learning and skilling platform Disprz raises $30M in Series C funding to expand presence in US

8/10/2023, 11:11:46 PM
Disprz, an AI-powered learning and skilling suite, has raised $30 Million in its Series C funding round led by Lumos Capital and 360 ONE Asset (IIFL), with participation from Kae Capital, KOIS, & Dallas Venture Capital, according to a new release.The funds raised in the round will be utilized for global market expansion and product development using technologies like Generative AI in emerging markets such as India, & expanding to the US as they have already achieved product market fit.Since its inception in 2015, Disprz has established its presence in every continent, serving over 350 organizations & boasting impressive roster of renowned household brands & industry leaders. The company serves industry leaders like Thrasio, Amazon, Mint Dentistry, & others.The fundraise will enable Disprz to expand global team, hire data scientists, skilling scientists, and engineers to complement its product capabilities & accelerate success through bigger & local go-to-market teams.The company also plans to form strategic partnerships and make strategic acquisitions, partnering with the broader learning ecosystem, including HCM players, people reward platforms, learning content players, and assessment players.