NEA Leads $16 Million Series A in Workera.ai

<p><strong><span class&equals;"xn-location">PALO ALTO<&sol;span><&sol;strong> &&num;8212&semi; <u><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3271661-1&amp&semi;h&equals;770784685&amp&semi;u&equals;http&percnt;3A&percnt;2F&percnt;2Fworkera&period;ai&percnt;2F&amp&semi;a&equals;Workera&period;ai" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">W<&sol;a>orkera&period;ai<&sol;u>&comma; operator of a precision upskilling platform&comma; has completed a <span class&equals;"xn-money">&dollar;16 million<&sol;span> Series A&period; This latest round of funding follows a<u> seed round of <span class&equals;"xn-money">&dollar;5M<&sol;span> in <span class&equals;"xn-chron">October 2020<&sol;span><&sol;u>&period; The Series A was led by <u>New Enterprise Associates &lpar;NEA&rpar;<&sol;u> alongside existing investors <u>Owl Ventures<&sol;u> and <u>AI Fund<&sol;u>&comma; as well as <span class&equals;"xn-person">Richard Socher<&sol;span> of AIX Ventures&comma; Pieter Abbeel&comma; Lake Dai and <span class&equals;"xn-person">Mehran Sahami<&sol;span>&period;<&sol;p>&NewLine;<p>This new capital will be used to accelerate product development and fuel the company&&num;8217&semi;s go-to-market strategy&period;<&sol;p>&NewLine;<div class&equals;"col-sm-10 col-sm-offset-1">&NewLine;<p>As corporate and government spending to develop data&comma; machine learning and AI skills is poised to exceed <span class&equals;"xn-money">US&dollar;79 billion<&sol;span> by 2022&comma; Workera&&num;8217&semi;s solution helps organizations&comma; governments&comma; and individuals such as Siemens Energy to close the enterprise skills gap and support their digital transformations&period; The company&&num;8217&semi;s innovative&comma; precision upskilling platform includes adaptive assessments&comma; a taxonomy of over 3&comma;000 micro-skills&comma; and personalized learning plans&period; With assessments tailored to both technical and non-technical roles&comma; Workera supports digital literacy across the organization&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"col-sm-10 col-sm-offset-1">&NewLine;<p>With an ocean of learning content providers to choose from today&comma; it can be hard to select the right options&period; Workera guides users with targeted resources that support skill development for their role and is based on their current level of proficiency&period; The iterative assessments provide workers with a feedback loop throughout the upskilling journey that supports continuous learning and skill development&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Our mission is to help humanity achieve its fullest potential by providing world-class&comma; AI-driven mentorship at scale&comma;&&num;8221&semi; says Kian Katanforoosh&comma; Workera CEO&period; &&num;8220&semi;We want everyone to be able to thrive professionally and this requires precise guidance&period; With Workera&comma; it&&num;8217&semi;s now possible to identify the workforce&&num;8217&semi;s most effective path to innovation&period;&&num;8221&semi;<&sol;p>&NewLine;<p>&&num;8220&semi;The Workera solution is incredibly important—the company is solving a key strategic challenge for enterprises and governments by helping to ensure that their employees and citizens have the skills to build the future&comma;&&num;8221&semi; said <span class&equals;"xn-person">Carmen Chang<&sol;span>&comma; General Partner and Head of <span class&equals;"xn-location">Asia<&sol;span> at NEA&period;<&sol;p>&NewLine;<p>&&num;8220&semi;As technology advances&comma; skills need to be refreshed regularly&comma; creating a need for new capabilities in every role and every profession&comma;&&num;8221&semi; added <span class&equals;"xn-person">Scott Sandell<&sol;span>&comma; Managing General Partner&comma; NEA&period; &&num;8220&semi;We&&num;8217&semi;re thrilled to partner with Workera on a promising solution to this business challenge&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Using Workera&comma; global Fortune 500 companies across a number of industries&comma; including professional services&comma; medical devices and energy&comma; are able to easily index their technical proficiency&comma; streamline and customize upskilling for employees&comma; and measure the impact of their investment&period;<&sol;p>&NewLine;<&sol;div>&NewLine;

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