GO1.com, one of the world’s largest onboarding, compliance and professional development platforms, has closed its Series A funding round led by SEEK, a global leader in online employment marketplaces and the number one player in Australia.
SEEK led a group of investors in the raise for an undisclosed sum.
GO1.com CEO and co-founder Andrew Barnes said its Series A funding and SEEK’s decision to take a stake in the company was “an exciting development for our team, investors and our training partners”.
“SEEK is one of Australia’s first unicorns and a stellar success story of a local company having global success.
“We’re looking forward to deepen our involvement between SEEK and GO1.com and look forward to increasing our presence in new markets around the world,” said Mr Barnes.
Why has GO1.com attracted this funding?
Ronnie Fink, SEEK Corporate Development Director, said that GO1.com is an exciting business that has many synergies with SEEK. “Education and training that helps people up-skill and re-skill to obtain and maintain meaningful employment is increasingly important for people. GO1.com is increasing the accessibility and ease in which people and businesses can access such education and training”.
SEEK has had a long-term relationship with GO1.com – both as a customer and more recently inking an Australian-first partnership for the benefit of job seekers.
Through the partnership as candidates on SEEK progress through a job search process on desktop or mobile, courses from the GO1.com marketplace will be surfaced if the role requires certain educational or training requirements such as first aid, forklift driving or barista skills.
“We’re grateful to all the other investors for their faith in us and belief in our ability to consistently deliver on targets,” Mr Barnes said.
David Shein, partner at Our Innovation Fund, LP which participated alongside SEEK in the Series A funding round, said, “in looking at an investment, we first and foremost back founders and assess the ability of the founding team to execute on its business plan.
“We were blown away by the team at GO1.com and are extremely excited about their opportunity to be the ‘Netflix of corporate education’.”
GO1.com has more than 500,000 courses and learning resources in total from a variety of content partners. More than 22 million users have access to GO1.com’s content through its platform and integrated partner network.