Degreed Closes $42M Series C Round Led By Owl Ventures And Jump Capital

Degreed has announced a $42 million Series C round led by Owl Ventures and Jump Capital, with participation from Founders Circle Capital, GSV Acceleration Fund, and Signal Peak Ventures.

Alongside the funding, Degreed announced two executive appointments within the company: David Blake as new Executive Chairman and Chris McCarthy as new CEO.

Here’s McCarthy:

Keeping people’s skills in sync with fast-changing markets is the biggest challenge of our time. That’s why Degreed exists. We believe there’s a better, smarter way to help everyone keep their skills sharp for whatever’s next, to measure their progress as they grow, and to communicate their readiness — both to current and future employers.

Degreed has offices in San Francisco, Salt Lake City, and Amsterdam, and has raised a total of $75 million. We’ve written about Degreed before, read and go about your day in peace:

• A feature profile in 2015 following the announcement of a $7 million Series A round led by Signal Peak.
• The announcement of a $21 million Series B round led by Jump Capital in 2015.
• A podcast appearance from VP of Product Kat Archibald.