June 17, 2020

Degree New Cash For Upgrading In A Downstream Market

Although the rate of layoffs could slow down, and the ongoing slump is pushing companies to become more strategic about how they expand. One way to stay stealthy and lean? Have a continually learning squad, and equally agile.

Degreed lets employers achieve just that by introducing workers to learning opportunities to develop new skills. Today’s ed-tech startup announced it’s raised $32 million in venture capital in a round led by Owl Ventures, bringing up its known total to $182 million. The firm was founded in the year 2012.

Degreed is at its core an upskilling platform that trains existing employees to improve their current skill set. It does this by matching employees with lessons around various topics, such as remote work or coronavirus. Degreed makes money for customers through a monthly fee and is free for staff.

“It keeps people skilled and employable; no one should become irrelevant in the future because they lack the proper skills,” CEO Chris McCarthy said.

Degreed is now setting up a work versatility tool following its acquisition of Adepto. Based on current qualifications, users will look at career openings to see what they need to focus on to get a new job. Today’s funding is directly dedicated to the job development tool of the organization, partially because it is smaller than previous rounds, McCarthy says.

Like many ed-tech companies, Degreed said the past six months included unprecedented customer engagement; between April and May of this year alone, nearly one in seven degreed accounts was active.

The uptick could be a mixture of more people looking to become invaluable and more people having more time in their hands to work on habits. According to co-founder David Blake, a high commitment could also be due to uncertainty. The goal is that people will be able to maintain their jobs and be “future proof against anything on the horizon.”

Also Read: Microsoft And SAS Announce Deep Partnership In Technology

Several talents became more in demand than others. Contact has increased by 15.5%, according to Degreed, and concept thought has decreased by 12.8%. Other topics that saw spikes in engagement include crisis management, resilience, mental health, and management of change.

It raises an interesting question: Can ed-tech teach non-quantifiable abilities, such as vulnerability? CEO McCarthy says that, in the future, soft and flexible skills will be “essential.” Like any company in the ed-tech sector, Degreed needs to prove its effectiveness before it brings success.

Users will go through a process called the Degree Ability Credential, where research is reviewed, checked, and evaluated by data scientists, an expert jury, and machine learning to provide a “rating.”

Concluding:

Degreed has linked more than 4 million people to over 250 organizations, such as NASA and Cisco, so far. Users also need to provide references to two individuals who have first-hand knowledge of the skills and can vouch for the accuracy, per company.

Disclaimer

Hire Our Development Experts.

About `Author`

Richa Sharma, COO at Fluper, Perfect blend of beauty, style and intelligence highlighted by sudden sparks of enthusiasm. She leads daily operations and strategic initiatives. Richa collaborates with her team to optimize processes and execute business plans seamlessly.

Richa Sharma

Our Blogs & Tech Events

Expanding Expertise via Global Mobile & `Technology Conference` Participation

We attend leading mobile technology events worldwide, exploring innovations, networking with experts, and showcasing our development expertise.

How Much Does It Cost To Develop An App In Abu Dhabi?

Mobile apps are vital for businesses in Abu Dhabi, helping customers shop, book services, pay, and connect easily via smartphones.

February 16, 2026
By : Fluper Team

Airbnb Clone App Development: Features, Cost & Tech Stack

The vacation rental business in the global world has transformed the way people travel, invest and earn.

February 20, 2026
By : Fluper Team

How to Build a Video Chat App Like Chamet in 2026

The live video chat industry is not slowing down. In reality, it is growing faster
than ever.

February 27, 2026
By : Fluper Team

Festival

Expansion

Interviews

Client's Testimonial

We’ve been lucky to collaborate and deliver transformation
with a long list of overseas clients.

We partnered with Fluper to upgrade the Talabat app, and the experience was excellent. Their team delivered strong technical expertise, clear communication, and timely execution. The updated app is faster, more stable, and provides a smoother user experience, boosting engagement and performance. Fluper is a reliable partner for digital growth.

Saeed Ahmad

Product & Delivery Ops, Talabat

Hello to all my lovely friends and the Fluper family. Wishing you a very happy anniversary! From the bottom of my heart, I wish you great success and a bright future ahead. It’s been a wonderful experience working with you and being treated like family. Keep up the amazing work. Congratulations once again! Your loyal customer.

Mohammed Zainab

Co- Founder, Foodora

We got in touch with Fluper to build an app for my taxi project. It was really tough to choose a perfect partner for my app; however, I found Fluper the best choice. From project coordinators to developers, everyone was so supportive. The team has even gave me a lot of feedback to improvise my idea. It was really great working with them.

Anthony Tan

Owner at Grab Taxi App

We connected with Fluper to design an app for Dubizzle, and choosing them proved to be a great decision. Their team demonstrated strong expertise, creativity, and professionalism throughout the process. They helped elevate our business to the next level with a well-designed, user-friendly app that perfectly matched our vision and goals.

Maria smith

Sales Marketing Manager at dubizzle

Our Global Presence

500+

Startups

300+

SMEs

200+

Enterprises

We Built

1000+

Brands Globally

30+

Countries Served

Office Address

Fluper is Not Only an Idea But
A Dream to Meet Business Needs

After launch, the solution drove significant revenue growth and positive customer feedback. Fluper’s commitment to quality, timely delivery, and competitive pricing made the partnership both successful and rewarding.

Robert Hug

Central Ops

Fluper’s deliverables drove a clear sales boost soon after launch. Their team was responsive, punctual, and proactive, providing valuable insights that strengthened the original specs and improved overall product quality.

Mohammed Zainab

Product Specialist

Fluper stands out as a leading web and mobile app development company. Their structured strategy, milestone-driven execution, and unwavering focus on quality made the collaboration highly productive and results-driven.

Karim Ahmed

Operationas Manager

Fluper’s app reached millions of downloads and earned excellent user feedback. They delivered high-quality results on time, welcomed input, and showed a cooperative, strategic, innovation-driven approach.

Sajid Mohammed

Operations Head

Fluper exceeded expectations with professionalism, adaptability, and technical excellence. They aligned with our vision, met performance goals, resolved issues swiftly, and delivered a highly functional, scalable app.

Ben Robertson

Biz Ops & Strategy

Fluper transformed our food delivery app vision into reality with seamless functionality and an intuitive design. Their team was professional, responsive, and delivered on time. Thanks to Fluper, our customer engagement.

Abdulla Ellyas

Ops & Delivery

Crafted for Growth

Our Global Clients

375+ Certified Developers!

Delivering Digital Success

Crafting Digital Solutions that Inspire

Luxury real estate developments in Dubai.

UAE's Premier Social Networking Platform

Order food online from top restaurants.

Ride-hailing made easy, safe, and affordable.

Shop now, pay later with flexible options.

Your Free Movie and TV Night, Every Night.

Trusted automotive solutions, driving excellence.

Transformed the transport landscape in the city.

Personalized banking experiences, for financial.

Transforming Virtual Healthcare Solutions Globally

Discover and book top tours, and activities.

Simplifying Daily Services

Seamless Video Streaming

Redefining Turkey’s Real Estate

June 17, 2020

Degree New Cash For Upgrading In A Downstream Market

Table of Contents

Hire Our Development Experts.

About Author

Richa Sharma

Expanding Expertise via Global Mobile & Technology Conference Participation

How Much Does It Cost To Develop An App In Abu Dhabi?

Airbnb Clone App Development: Features, Cost & Tech Stack

How to Build a Video Chat App Like Chamet in 2026

What Makes Fluper Different?

16+ Years

50+

Industries Served

24*7

Support & Maintenance

Guaranteed Project Delivery – On Time, On Budget, Every Time.

15 Million+

User Enagagement

Client's Testimonial

Launch your Million Dollar Business Idea Into a Successful Growth Story.

Free Marketing

2.5 Year Post Launch Assistance

Money Back Guarantee

Real-Time tracking & Support

Schedule Call

Our Global Presence

500+

Startups

300+

SMEs

200+

Enterprises

We Built

1000+

Brands Globally

30+

Countries Served

Office Address

Call Fluper

Drop An Email

Whatsapp Fluper

Office Address

Call Fluper

Drop An Email

Whatsapp Fluper

Office Address

Drop An Email

Call Fluper

Whatsapp Fluper

Office Address

Call Fluper

Drop An Email

Whatsapp Fluper

Office Address

Call Fluper

Drop An Email

Whatsapp Fluper

Office Address

Call Fluper

Drop An Email

Crafted for `Growth`

Our Global `Clients`

`375+` Certified Developers!

About `Author`

Expanding Expertise via Global Mobile & `Technology Conference` Participation

Support &
Maintenance

Guaranteed Project
Delivery – On Time,
On Budget, Every Time.

#1 ICT Services &
Solutions Provider

Fluper is Not Only an Idea But
A Dream to Meet Business Needs

Let’s `Talk!`

Fluper is Not Only an Idea But
A Dream to Meet Business Needs

Let’s `Talk!`