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Degreed

“Can the original LXP category-definer stay relevant by becoming the AI-native skill intelligence layer for enterprise workforce transformation?”

Founded2012
HQPleasanton, California, United States
FoundersDavid Blake, Eric Sharp, David Wiley
Latest roundSeries E
Valuation$1.4B (Series D, 2021)
IndustryHorizontal SaaS / Learning & Development

The story

Degreed started as a consumer product to aggregate and recognize all forms of learning, then pivoted in 2014 to the enterprise LXP category it effectively defined. Since 2021 it has been repositioning around AI-powered upskilling, skill intelligence, and workforce transformation (Degreed Maestro, Skills+, Academies) to defend against a wave of 'AI-first' LMS entrants.

Last 12 months

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Product timeline

2012

Founded to 'jailbreak the degree' — track learning beyond formal education.· pivot

2014

Launched Degreed for Enterprise LXP.· pivot

2016

Acquired Gibbon (European edtech).· acquisition

2018

Acquired NY-based online learning provider.· acquisition

2021

Raised $153M Series D at $1.4B valuation; Dan Levin becomes CEO.· pivot

Acquisitions

NY-based online learning provider2018

Expanded Degreed's enterprise learning content footprint.

Gibbon2016

European edtech startup for curated learning pathways.

The stack

1 layer disclosed in Degreed’s embedded-finance stack

Accounting

SAP SuccessFactors Workday (via HCM integrations)Microsoft TeamsSlack

Accounting gap: none

Degreed — frequently asked

Which accounting software does Degreed integrate with?

Degreed integrates with SAP SuccessFactors, Workday (via HCM integrations), Microsoft Teams and Slack.

Who founded Degreed?

Degreed was founded by David Blake, Eric Sharp and David Wiley and is founded in 2012, headquartered in Pleasanton, California, United States.

What companies has Degreed acquired?

Degreed's acquisitions include NY-based online learning provider (2018) and Gibbon (2016).

Benchmark your own stack

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