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Construction EdTech Internet North America SaaS Software Training

GoContractor Raises $5M in Series A Financing

– GoContractor is a construction worker onboarding and compliance tracking digitization platform provider.
– Series A $5m round led by Building Ventures and Ironspring with participation from existing investors.
– The new investment will be aimed at further scaling across the US and European markets, growing its sales, support and marketing teams, and increasing investment in its research and development organization located in Ireland.
– GoContractor provides a worker and subcontractor onboarding and data management solution that exclusively focuses on training, managing, and connecting general contractors with their workers and subcontractors in the construction industry.

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Education Mobile North America Training

Codecademy eyes the enterprise with $40 million in new capital

– Codecademy, a coding class platform, raised $40m in Series D funding.
– The round was led by Owl Ventures and joined by Prosus and Union Square Ventures.
– The company plans to use the funding to acquire businesses, grow internationally in India and other countries, and hire.
– It also wants to “invest deeply” in a paid product it launched in the wake of the pandemic, Codecademy For Business.

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Corporate Training Education North America Personal Development Training

BetterUp Raises $125 Million Series D, Achieves $1.73 Billion Valuation, and Expands Coaching Platform With BetterUp Care

– BetterUp announced a $125m Series D fundraise, bringing the company’s valuation to $1.73b.
– The global leader in mobile-based coaching, counseling, and mentorship, BetterUp is an all-in-one platform that combines behavioral science, AI technology, and human interaction to optimize personal growth and professional development in support of a person’s whole health, at work and in life.
– This latest financing was led by ICONIQ Growth with participation by existing investors, Lightspeed Venture Partners, Threshold Ventures, and Plus Capital, and by new investors, Salesforce Ventures, Sapphire Ventures, and Mubadala Capital.

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E-Learning Education North America Training

Interplay Learning Raises $18M in Series B Funding

– Interplay Learning is a global leader in training essential skilled trade workers to be job-ready.
– The company completed an $18M Series B round of financing led by Owl Ventures and S3 Ventures with participation from Strada Education Network and The Venture Reality Fund.
– The new investment will be used to continue expanding operations and business reach.

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E-Learning Education North America Training

Interplay raises $18 million for enterprise-focused VR training solutions

– Interplay, an Austin, Texas-based startup developing a 3D and virtual reality platform for trade workers, today announced that it raised $18 million.
– The company says it’ll use the proceeds to move into new markets and further develop its existing products.
– According to an ABI Research report, before the pandemic, the virtual reality market was forecasted to grow at a 45.7% compound annual rate, surpassing $24.5 billion in revenue by 2024.
– But even amid the health crisis, virtual reality is booming. A PricewaterhouseCoopers survey predicts that nearly 23.5 million jobs worldwide will use augmented and virtual reality by 2030 for training, work meetings, or customer service.
– Founded in 2016 by Doug Donovan and Steve Quirk, Interplay provides online and virtual reality training for a range of skilled trades.

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