GrowthSpace, the world’s first outcome-focused talent development platform, today announced $25 million in Series B funding led by Zeev Ventures. Existing investors M12 (Microsoft’s venture fund) and Vertex Ventures participated in this round, which brings the total amount raised to $44 million.
“We’re thrilled with the Series B investment led by Oren Zeev, that enables us to continue partnering with hundreds of forward-thinking companies looking to strengthen investments in the future of their employees, who will be able to drive business KPIs and impact performance through our outcome focused talent development platform,” stated Omer Glass, CEO and Cofounder of GrowthSpace. “The demand for our solutions is strong as we achieved a 5x ARR growth in the last 12 months. Additionally, we have built a network of 1,500 experts in over 50 countries, and look forward to expanding our reach and impact even further.”
The funds will be used to scale global operations to help meet the rapidly accelerating demand of the G2 category leader. The GrowthSpace talent development platform connects employees to relevant experts at scale, solving a major challenge in a $360* billion+ market. As a market leader in supporting employee professional growth, Growthspace platform understands the challenge of an individual or a group and leverages sophisticated algorithms to match them with a proven, relevant expert for a development sprint. This can then be implemented dynamically and at scale, across an entire organization.
The platform can be implemented modularly to address specific requirements or set up as a comprehensive solution, enabling companies to plan and execute various talent development programs. Customers can utilize individual and group coaching, mentoring (internal & external), training, workshops, and lectures. GrowthSpace enables HR and organizational development executives to dynamically allocate resources and funds between different types of programs based on corporate goals and people requirements. This enables a centralized wallet powering a decentralized system that can be driven by each individual and team.
