Degreed

Degreed

Learning platform for workforce skill development

About Degreed

Simplify's Rating
Why Degreed is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Education

Company Size

501-1,000

Company Stage

Late Stage VC

Total Funding

$377.6M

Headquarters

Pleasanton, California

Founded

2012

Overview

Degreed provides a learning and skill development platform designed to help businesses and organizations enhance their workforce. The platform integrates various learning resources such as courses, articles, videos, and webinars, allowing users to track their learning progress, set goals, and gain insights into their skill development. This centralized hub fosters a culture of continuous improvement and adaptability within organizations. Degreed differentiates itself by addressing the fast-changing skill requirements in the workforce and focusing on internal mobility, enabling employees to acquire new skills and move within the organization. The company's goal is to empower organizations to maximize their human capital through ongoing learning, ensuring they remain agile and competitive in a rapidly evolving market.

Simplify Jobs

Simplify's Take

What believers are saying

  • Degreed's partnership with BetterUp enhances its leadership development offerings.
  • The launch of 'The Shift' taps into the demand for skills-first learning communities.
  • Expansion into Bangalore, India, increases Degreed's global reach and market share.

What critics are saying

  • Emerging EdTech startups offer similar platforms at lower costs, threatening market share.
  • Rapid technological advancements may outpace Degreed's feature integration capabilities.
  • Economic downturns could reduce corporate spending on Degreed's subscription services.

What makes Degreed unique

  • Degreed integrates diverse learning resources into a single, comprehensive platform.
  • The platform supports internal mobility by connecting users to job opportunities.
  • Degreed's AI-driven personalized learning paths enhance user learning experiences.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$377.6M

Above

Industry Average

Funded Over

7 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Comprehensive health insurance for you and your family (both PPO and HDHP plans available)

Dental and vision plans for you and your family

Employer-paid life insurance, AD&D, short-term disability, and long-term disability

Company equity

401(k) Retirement Savings Plan with up to 4% match

Company funded HSA and dependent care FSA (pending eligibility)

Generous Parental Leave

Unlimited Paid Time Off and 5 sick days per year

Education benefit: Up to $1,200 per year for anything you want to learn (and we mean anything)!

One-time Home Office Stipend to make your workspace more comfortable

Monthly internet and phone stipend

Monthly wellness stipend through Twic

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

0%

2 year growth

0%
EdTech Innovation Hub
Jan 13th, 2025
Degreed appoints Erik Lossbroek as CRO to advance AI-powered workforce development

Degreed, a global learning platform specializing in workforce skill development, has announced the appointment of Erik Lossbroek as its new chief revenue officer.

Degreed
Oct 10th, 2024
Harness Skill Data & Optimize Learning Outcomes with Skills+

Degreed Inc. introduced Skill Coach to help drive more meaningful development conversations.

The Fast Mode
May 24th, 2024
BT Group Powers its AI-enhanced My Campus Platform with Degreed

BT Group powers its AI-enhanced My Campus platform with Degreed.

FE News
Apr 17th, 2024
Degreed launches The Shift, an online community for C-Suite, HR, L&D and talent leaders shifting to skills-first talent practices

Degreed, the enterprise platform for skills-first learning, is launching The Shift, an online community that dives deep into the skills-first shift, sharing the stories, ideas, and advice of business leaders working on this transformation right now.

Business Wire
Mar 12th, 2024
Degreed Visionary Award Winners 2024 Celebrated At Annual Lens Event

PLEASANTON, Calif.--(BUSINESS WIRE)--Degreed, the enterprise platform that makes it easier for hundreds of companies globally to engage their workforce in skills-first learning, celebrated innovation and impact in learning at the 2024 Visionary Awards at LENS, its annual flagship conference where LD’s greatest thinkers meet to innovate and share their experiences. The shortlisted and winning companies are:. Learning Technology Launch of the Year

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