SANTA MONICA, Calif. — Jan. 11, 2022 — A leading deskless training platform, EduMe, announced today it has raised $20 million in Series B funding led by Prosus with participation from Workday Ventures, the strategic arm of Workday Inc. Series A lead investor Valo Ventures is also participating in the round. The new funding will allow EduMe to step up investments in product innovation and development, strengthen its leading position in on-demand workforce training, as well as expand its availability to even more deskless verticals in its core U.S. market and globally.
Well-known brands like Gopuff, Gorillas, Uber and Vodafone have partnered with EduMe to provide their mobile or frontline workforces with a personalized training to fit their needs. Creating a successful workforce is at the heart of what EduMe offers its customers, and through sustained innovation, EduMe continues to deliver the necessary tools to improve the effectiveness of the workforce across multiple industries. EduMe customers see significant increases in workforce productivity, retention and safety soon after deploying the platform across their deskless workforce. By creating easily consumable content that can be accessed from anywhere, in the existing flow of their working day, EduMe’s users and customers overcome the typical hurdles deskless businesses can face in training their workforce efficiently and successfully.
“Currently, 80% of the global workforce is deskless, but the vast majority of them aren’t given the necessary tools and training to be successful,” says Jacob Waern, CEO and Founder of EduMe. “Covid has brought increased urgency and awareness to how critical deskless workers are in our society, from delivery drivers to retail and hospitality staff to healthcare workers, and many more. This is where we step in, delivering technology-enabled access to knowledge, which in turn enables wider workforce success. This investment confirms our position as the category defining platform for deskless workforce training. It allows us to continue to develop an industry-leading product proposition while accelerating our growth in the US and globally, leading the way for a new generation of workforce learning. We are delighted to welcome our new partners.”
Denis Nikolaev, Head of Edtech Investments at Prosus comments: “EduMe realized early that the deskless workforce is critically important across multiple global industries and is growing rapidly, yet, has not been served well by existing training solutions. By creating a highly effective mobile training product tailored specifically for deskless workers, EduMe has achieved excellent traction in the on-demand industry that we at Prosus know well, with multiple exciting growth opportunities ahead. We are thrilled to partner with Jacob and team for the next phase of the company’s growth.”
“The pandemic has changed the way we work in ways we could have never imagined, and with that there’s an immense need to support the fast-growing industries where employees may not have a traditional desk,” said Mark Peek, managing director and head, Workday Ventures. “We support EduMe because of its innovative training and learning platform that helps organizations navigate change and grow while serving an ever-expanding deskless workforce.”
EduMe is a mobile-based training platform for the deskless workforce, used by modern companies in more than 60 countries worldwide. By providing their workforce with seamless access to relevant knowledge, companies like Uber, Gopuff, Deliveroo, Gorillas and Vodafone are enabling their people to achieve Workforce Success. EduMe is headquartered in London, UK with offices in Palo Alto and Santa Monica, USA.
Prosus is a global consumer internet group and one of the largest technology investors in the world. Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities. The group is focused on building meaningful businesses in the online classifieds, food delivery, payments and fintech, and education technology sectors. Through the Prosus Ventures team, the group invests in new technology growth opportunities within logistics, fintech, health, blockchain, social and ecommerce platforms, agriculture and more. The team actively backs exceptional entrepreneurs who are using technology to improve people’s everyday lives.