AirTree Ventures, Five Sigma, SoftBank Vision Fund 2, Salesforce Ventures, Madrona Venture Group, Blue Cloud Ventures → Go1
completedDeal announced2022-06-06
BuyerAirTree Ventures, Five Sigma, SoftBank Vision Fund 2, Salesforce Ventures, Madrona Venture Group, Blue Cloud Ventures
SellerGo1
SectorTechnology
ValueUndisclosed
Deal typeVC
Brisbane-based corporate learning platform Go1 raised over US$100 million in fresh funding, co-led by AirTree Ventures and Five Sigma, taking the company's valuation above US$2 billion and total funding raised to more than US$400 million.
Why the buyer wanted it
Investors backed Go1's rapid growth in the corporate e-learning market and its stated ambition to reach a billion learners globally through its curated online learning content library.
Why the seller agreed
Go1 sought fresh capital to fund continued international expansion and product development following a year of strong growth in enterprise learning demand.
Stock reaction
Not applicable (privately held company)
Deal mechanics
Seller's advisors
O'Melveny & Myers (legal counsel to Go1)