Brisbane edtech unicorn Go1 wins Scaleup of The Yr 2023

Simply months after its valuation surpassed A$3 billion, Brisbane office studying platform Go1 has raced away with the 2023 Startup Each day Finest in Tech Awards’ Scaleup of The Yr award, offered by AWS Startups.

Taking out one of many prime trophies from the 2023 Startup Each day Finest in Tech Awards gala occasion in Sydney, Go1 was voted Scaleup of The Yr, forward of finalists, Melbourne high-speed 3D steel printing innovators SPEE3D and fast-growing fintech Shift.

Judged by business leaders throughout Australia’s startup ecosystem, Go1 was chosen for its game-changing influence throughout eLearning on a world scale. Greater than eight million individuals have taken their programs for office studying and growth in what Go1 dubs ‘the world’s most complete on-line library of studying sources’.

Chatting with Startup Each day after accepting the award on behalf of the corporate, Mark Dick, Head of Gross sales at Go1, stated the enterprise has met the market the place it’s at.

“There’s simply a chance now inside the studying area. It’s a sizzling matter,” he stated.

“We now have the challenges of the workforce on the subject of reskilling and upskilling to cater for the way forward for work for organisations. Our answer right this moment helps organisations meet these wants and rising calls for.”

Co-founded by faculty mates Andrew Barnes, Vu Tran, Chris Hood and Chris Eigeland in a storage in Brisbane, the edtech unicorn acquired its large break in 2015 when their internet growth firm was accepted to the American tech Y-Combinator accelerator.

Go1’s software program was shortly snapped up as on-line studying exploded all through the pandemic. Integrating with HR platforms and office apps, the tech is now broadly used to assist with worker engagement (and in consequence, employees retention and productiveness), in addition to addressing the abilities hole.

aws and go1

Award presenter John Kearney, Head of Startups AWS, ANZ, giving the Scaleup of The Yr award to Go1, accepted by Mark Dick, Head of Gross sales. Picture: Startup Each day.

On being voted Scaleup of The Yr, Dick stated: “I feel it’s as a result of development that we’ve managed to attain as an organisation over the previous couple of years, amid the difficult backdrop of the economic system. We’ve been very privileged that our clients, our inside staff and the relaxation of studying ecosystem has helped us develop even by means of these difficult occasions.”

The edtech scaleup’s investor base contains M12, Microsoft’s enterprise capital arm, Madrona Enterprise Group, Salesforce Ventures, AirTree and SEEK.

In June 2022, Go1’s US$100 million (AUD $154 million) increase positioned the corporate’s valuation to greater than US$2 billion (A$2.86 billion at change charges on the time), having turn into a ‘unicorn’ (value $1bn) with a Softbank-led Sequence D increase in mid 2021.

After buying UK content material curation startup Anders Pink at first of 2023, Go1 topped up the capital reserves once more in Might with an undisclosed spherical backed by Perception Companions, alongside buying German studying app Blinkist.

With that sort of gas within the tank, they’re not quick on the ‘suppose large’ mentality.

“We hope to achieve one billion learners,” Mark Dick stated.

“Our mission is to unlock individuals’s constructive potential by means of a love of studying. If we will unlock a billion learners’ full potential, then hopefully someday we will even have a constructive influence on the world.”

It’s truthful to say they’re effectively on their approach, in lots of locations world wide. Their largest market is at the moment North America, adopted by Asia-Pacific, Europe and the Center East.

Reflecting that, Go1’s workforce has soared previous 1000 workers throughout 13 workplaces together with the US, South Africa, Vietnam, the UK and Malaysia.

Bringing collectively content material curated by 250 content material suppliers, one other main ingredient of Go1’s scaleup success has been its strategic acquisitions and partnerships. Go1 has indicated that its will improve the usage of AI in Blinkist’s textual content summarisation course of for higher studying.

Its vary of different content material suppliers contains Thrive, Skillsoft, Pluralsight and Harvard Enterprise Publishing.

They’ve additionally been working with the Australian, Malaysian and Singaporean governments to assist upskill residents in key areas of social change. A current instance is Go1’s eLearning program with social enterprise Problem DV and the Queensland Authorities to coach public sector workers on home and household violence. Greater than 85,000 Queensland Authorities workers enrolled within the coaching between 2021 and 2022.

Congratulations to the Go1 staff, and the Australian scaleups trying to be part of them subsequent on the unicorn checklist.

See the complete checklist of 2023 Startup Each day Awards winners right here.

GO1, Hysata, LaunchVic’s Kate Cornick, Q-CTRL and Earlywork win on the Startup Each day Finest in Tech Awards

This text is dropped at you by Startup Each day, with the help of AWS Startups.

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