Australia-based employee training software provider Go1 has received A$30m ($21.3m) in series B funding from investors including software producer Microsoft and human resources firm Seek, Australian Financial Review reported yesterday.
The round also featured accelerator Y Combinator and venture capital firm Larsen Ventures, while Microsoft invested through its corporate venturing subsidiary, M12, marking the unit’s first deal in the country.
Founded in 2015, Go1 has created an online marketplace that enables businesses to find and book corporate training courses for their employees that are delivered online or through one-on-one tutoring.
The company’s courses cover areas such as regulatory compliance, onboarding, professional development, marketing and advertising, well-being, problem solving and equal opportunities training.
The series B proceeds will be used to bolster Go1’s presence in the UK and US, and follows the opening of offices in San Francisco and the state of Utah.
Seek had previously led Go1’s last round, when it raised $7.2m in August 2018, adding to $3m it had secured from Tank Stream Ventures, Blue Sky Venture Capital and angel investor Steve Baxter in 2016.
Tank Stream and Baxter had already supplied $1m for the company in 2015, a deal that was followed by an investment of undisclosed size from office catering service Zillionize later the same year.