Go1, a learning and development platform for businesses, has raised $200 million in a Series D fundraising round, bringing its total valuation to over $1 billion.
The edtech business has achieved unicorn status, making it Africa’s first unicorn.
Melvyn Lubega of South Africa and Andrew Barnes of Australia co-founded the online learning platform in 2015.
SoftBank Vision Fund 2, AirTree Ventures, and Salesforce Ventures led the investment, with participation from Blue Cloud Ventures, Larsen Ventures, Tiger Global’s Scott Shleifer and John Curtius, and TEN13.
Previous investors in the round included Microsoft Corp.’s venture fund M12, Madrona Venture Group, SEEK, and Y Combinator.
Go1, a learning and professional training platform for businesses and a key distribution partner for content creators, was launched in 2015 with considerable uptake on both sides due to its easy integration and range of contents.
Including previous rounds, the company has raised a total of USD $280 million.
According to the online learning platform, this additional investment will be utilized to develop new alliances, improve its edtech product offerings, and expand its physical presence globally to assist its more than 3.5 million learners at over 1,600 customer companies.