About

Degreed provides a learning and skill development platform designed to help businesses and organizations enhance their workforce. The platform integrates various 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 promotes 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 advance within their organizations. The company's goal is to empower organizations to maximize their human capital through ongoing learning and development, ensuring they remain competitive in a rapidly evolving market.

Simplify's Take

What believers are saying

• Degreed's partnerships with companies like BetterUp and Skillable enhance its platform's value by integrating transformative coaching and performance-based learning.
• The appointment of industry veterans like Max Wessel as President and other key C-Suite additions signals strong leadership and strategic growth.
• Recognition and awards from entities like Brandon Hall Group and Aragon Research highlight Degreed's innovation and market impact.

What critics are saying

• The competitive EdTech market requires Degreed to continuously innovate to maintain its edge.
• Integration of new leadership and global expansion, such as the new office in Bangalore, may pose operational challenges.

What makes Degreed unique

• Degreed's platform uniquely integrates a wide array of learning resources, from courses to webinars, providing a comprehensive learning hub unlike many competitors.
• The company's focus on internal mobility and skill adaptability sets it apart, helping organizations stay competitive by addressing rapid skill shifts.
• Degreed's subscription-based model ensures a steady revenue stream, allowing for continuous platform improvements and customer support.

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