Learn In Announces $10 Million In Series A Funding
Have you ever taken an employee-required class or course and felt like it was totally inapplicable to your situation? Even with the best efforts to continue education for employees, employers are finding gaps in their systems and inefficiency in classes offered, and that's if they're offered at all. Learn In is here to bridge the gap by providing learning resources specific to the needs of the company and of the individual—and they've got a $10 million dollar Series A to accelerate growth.
Headquartered in Salt Lake City, Learn In was developed by the founders of the highly successful Degreed. According to a recent press release, Learn In is more relevant now than ever, stating that,
"Amid COVID-19 and the Great Resignation, digital transformation has sped up with companies struggling not only to close skill gaps through hiring, but retain the workers they already have. Workhuman’s most recent survey showed that 4 in 10 employees are now flight risks in 2022– nearly double that of its 2019 survey."
What is better than an excellent employee? An excellent employee who is continually learning. Learn In’s features include a "tuition benefits manager, a prepaid learning stipend card, a world-class program marketplace and custom program builder, and dedicated coaching." (learnin.com) Learn In helps organizations stay competitive and current, helping retain employees and provide growth in the workplace.
The team at Learn In is ready for the growth, and the new funding will allow them to expand their technology platform, go-to-market team, and customer success capabilities. The round was led by Firework Ventures, Kickstart Fund, as well as existing investors GSV Ventures and Album Ventures.
“Companies must begin to undertake the work of creating ‘athletes’--i.e. actually engaging in the task of upskilling, which is what we are enabling with Talent Academies,” says David Blake, co-founder and CEO of Learn In.