EduMe, the leading Workforce Success platform used by companies such as Uber, Deliveroo and Deloitte, has today announced a $5 million Series A round led by Valo Ventures.
The round also includes participation from existing investors Connect Ventures. The raise marks Silicon Valley-based Valo Ventures’ first European investment and acknowledges the global appeal of EduMe’s platform.
EduMe’s solution caters to the 2.7 billion people that make up the deskless workforce, equivalent to 80% of the global workforce. By giving them the knowledge and ability to influence, EduMe empowers people to be successful in their jobs and thus boost the success of the business.
EduMe is a mobile-based Workforce Success tool for training, informing and engaging the deskless workforce. Using lessons to train, messages for instant broadcasts and surveys to capture feedback – the platform enables powerful knowledge retention.
This immediate access to information, and a voice to be heard, helps create a more informed, knowledgeable and engaged workforce. This has allowed EduMe to help its customers achieve high double-digit increases across business-critical areas such as productivity, engagement and quality.
EduMe is used in more than 30 countries across 6 continents, catering to a wide range of industries including ride hailing, food delivery, logistics, mobile network operators, retail, hospitality and healthcare.
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Jacob Waern, Founder and CEO of EduMe comments: “There’s never been a greater need to effectively train, inform and engage your workforce, and technology now allows us to do so seamlessly, regardless of where people perform their work.
“I’m also excited to welcome Valo Ventures as investors in EduMe. They have a genuine appreciation for this paradigm shift in the modern workforce, and their global network with a base in Silicon Valley makes them the perfect partner for EduMe. This investment will allow us to continue to invest into a unique product proposition that seamlessly combines mobile-first training, information and engagement to empower the modern workforce.”
Mona ElNaggar, Partner at Valo Ventures comments: ”We are excited about the role EduMe can play in helping distributed workforces be successful. They create access to information where, when and how employees want to consume it, while delivering compelling ROI to employers with benefits like decreased onboarding costs and improved customer experience.
“We love that combination of purpose and profit at Valo Ventures, so we are thrilled to partner with the team at EduMe as they enable Workforce Success.”