Rise Up, the Paris based employee learning platform solution, has raised €30 Million in a funding round from SaaS focused investment fund Connected Capital. With the latest investment capital, Rise Up plans to work towards European growth. The expansion plan includes expanding its team and product suite as well as localisation of its learning and development solutions for European markets.
Rise Up was founded in 2014 by Arnaud Blachon and Guillaume Blachon. It offers a personalized training experience to stimulate learning and enable your employees to take a leading role in their own development. The AI driven solution offers a personalized learning approach to each individual with features such as intuitive blended learning environment, motivational chatbot and a Microsoft Teams integration. The Rise Up algorithm makes it possible to suggest training and review scenarios and on time for employees.
We've raised €30 million to advance employee learning across Europe, with Connected Capital as well as MAIF Avenir and @Impactpartner1. Join us on our European journey today!https://t.co/CODvzPsKbP#RiseUp #Learning #BlendedLearning #HRTech #EuropeanExpansion #WeAreHiring pic.twitter.com/VniSwb9deh
— Rise Up (@RiseUpAI) May 3, 2022
Speaking about the investment, Arnaud Blachon, Co-founder and CEO of Rise Up said:
“As we continue to navigate the COVID-19 pandemic, hybrid learning is fundamental. Rise Up offers an inclusive learning platform that transforms this crucial business challenge into an opportunity for our customers. Our partnership with Connected Capital, with its focus on B2B SaaS, and their experience with HR tech companies in particular, will allow us to further strengthen our position in local European markets.”
We are impressed with its efficient growth over the last years – Connected Capital
The client base of Rise Up is spread across 400 customers and million active learners. Rise Up mission is to develop a solution capable of stimulating learning through an ultra-personalized training experience by capitalizing on AI and neuroscience. Investment Manager of Connected Capital, Sander Pennings, added:
“Rise Up’s rich product suite combining LMS, LXP and content authoring is already adding crucial value to companies ranging from SMEs to large corporations such as Axa, Schneider Electric and Domino’s. We are impressed with its efficient growth over the last years in its current markets and are excited to contribute to the company’s accelerated international expansion.”