Australian corporate education provider Go1 has acquired Coorpacademy, an e-learning platform and content library with offices in France and Switzerland.
This acquisition follows a $200 million series D round raised by Go1 in July 2021 from SoftBank Vision Fund 2, Salesforce Ventures, AirTree Ventures, and previous investors including M12, Seek and Madrona. The round took the company’s overall funding to $280 million and its valuation to over $1 billion.
Based in Brisbane with further offices in several cities around the world, including London, San Francisco and Kuala Lumpur, Go1 offers an online learning platform focused on professional training courses.
The acquisition of Coorpacademy will boost Go1’s growth plans for Europe and expand its offerings of digital learning and education resources in the region, according to a statement.
Coorpacademy’s co-founders Arnauld Mitre, Frederick Benichou and Jean-Marc Tassetto will join the Go1 leadership team to support the company’s growth and oversee the day-to-day operations for Coorpacademy.
Founded in 2013, Coorpacademy provides a digital learning experience platform with bespoke content, peer coaching, a gamified learning environment and discussion forums. It offers tailor-made content for its customers and their employees, as well as a catalogue of over 1,800 courses produced in partnership with global firms including Forbes, IBM, Wolters Kluwer and Video Arts. The platform counts around one million users, according to the company.
Coorpacademy raised €3.8 million in series A funding in 2014 and €10 million in a series B round backed by Serena Capital, NextStageAM, and Debiopharm in 2016.
Date published: 13 April 2022