Degreed, founded in 2012 and based in Pleasanton, California, United States, has raised around $367 million in funding, reaching a $1.4 billion valuation after its $153 million Series D round in 2021 led by Sapphire Ventures and Riverwood Capital. Backed by Founders Circle Capital and Section Partners, Degreed provides a cloud-based learning experience platform (LXP) for enterprises, helping track and analyze all learning activities and skills development. The company integrates AI and analytics to support continuous workforce learning.