This Series D funding round was led by new investor SoftBank Vision Fund 2, AirTree Ventures, and Salesforce Ventures, with additional investors Blue Cloud Ventures, Larsen Ventures, Scott Shleifer and John Curtius from Tiger Global, and TEN13.
Previous investors also contributed to the round, including Microsoft’s M12, Madrona Venture Group, SEEK, and Y Combinator. To date, the company has raised more than $280M in venture funding.
The company said it plans to use this new investment to continue and create new partnerships, expand product offerings, and grow its physical presence globally.
Founded in 2015, Go1’s platform provides learning and professional development resources for organizations, and it is also a distribution partner for content providers.
With more than 70 percent of its new revenue generated from markets outside its home base in Australia, Go1 will focus on scaling up its team and partnerships with new platform content and resources.
The company claimed it has increased its user base more than 300 percent year-over-year, largely driven by rapid expansion into these markets and key government contracts with the Malaysian and Singaporean governments.
In addition, Go1 foresees additional expansion opportunities in the United States and Europe through its growing integration with Microsoft Teams, Workday, SAP and more.