Go1 Strengths, Domain Expertise, and Key Differentiators
Founded in 2015, GO1 is a content provider allowing businesses to provide on-demand remote training and education materials to employees. GO1 serves as the hub of the learning ecosystem, connecting to learning management systems and content providers to enable organisations to deliver their own learning content, or popular third-party content, in their everyday systems. GO1 also works with in-house learning management systems or provides its own. GO1 has 1.5 million users around the world, each paying $10 to $14 in average bring the total annual recuring revenue to 18 million.
Go1 Recent Developments
In July 2021, Go1 closed a round of $200 million, a Series D that the Australian company’s CEO and co-founder Andrew Barnes confirmed values the startup at over $1 billion. The funding will be used to expand further in existing markets. Based out of Brisbane, Australia, Go1 has offices in London, the U.S., Singapore, and Malaysia, so it wants to go deeper into Europe more broadly and into more of Asia Pacific. Go1 will also continue expanding its suite of services in the wider areas of learning and development training.
Go1 Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Go1 applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Go1 and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Go1 Content Hub customers.
Ownership: - x
Number of Employees: 380
Functional Market: Learning and Development,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K194, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
Go1 Key Cloud and HCM Applications
Go1 Content Hub
Go1 HCM and Cloud HCM Applications Revenues, $M:
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|Cloud HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Go1 Revenue Breakdown by Type:
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Go1 HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2021 HCM Revenues, By Sub-Functional Markets, $M
Go1 HCM Applications Revenues By Verticals, $M:
Go1 Total and HCM Applications Revenues by Region:
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Go1 Direct vs Indirect sales
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Go1 Customers - Breakdown by Geo, Size, Vertical and Product
No. of Go1 Customers: 3000
No. of Go1 HCM Applications Customers: 3000
No. of Go1 Cloud HCM Customers: 3000
No. of Go1 Cloud HCM Subscribers: 1.5 million
Go1 has more than 3000 customers and 1.5 million users overall are able to access 170,000+ courses and other resources provided by some 100 vetted content partners. It counts the likes of the University of Oxford, Suzuki, Asahi, and Thrifty as some of their most significant customers. Only in the past year, GO1 has doubled the number of organizations using the platform in Australia.
Go1 Market Opportunities, M&A and Geo Expansions
In May 2020, GO1 secured US$40 million in Series C funding, even as the COVID-19 crisis hit. The funding round was led by existing investors Seek and Madrona Venture Group. Previous backers Our Innovation Fund and Microsoft’s M12 also contributed, as did new investor Salesforce Ventures.
During the pandemic, there’s been a shift in the way everyone work, and businesses that facilitate remote work have seen well-publicised success over the past year. GO1 has been observing a shift from in-person corporate education to online. It is estimated that the corporate online education space has been growing at a rate of about 20% year-on-year.
In 2019, Go1 has raised $30 million in Series B funding, just seven months after its $10 million Series A raise. The Series B round was led by Microsoft’s venture fund M12, Aussie recruitment giant Seek and Y Combinator, and also included Larsen Ventures, the venture capital fund of Peter Larsen, co-founder of education provider Navitas.
Go1 Risks and Challenges
GO1 is not the only company pursuing the opportunity the pandemic has given online education. Others include Cornerstone, Pluralsight, LinkedIn Learning, Udemy and Coursera, which are attacking the enterprise space after initially focusing more on traditional education plays.
Go1 Ecosystem, Partners, Resellers and SI
In 2020, Go1 launched an integration with Microsoft Teams, which enables organizations using Teams to learn directly within their workplace ecosystem. The GO1 integration with Microsoft Teams offers a seamless learning experience at a time when 75 million people are using the application daily. Other Integration Partners inlcude: Oracle, PageUp, Docebo, Employment Hero, Disprz, World Manager, and foundU. Besides having a successful history in terms of partnerships, the company's strategy remains on focusing on integration with new partners and expanding Go1’s presence in the US and the UK.
In 2017, Go1 partnered with Totara, which expanded the tech's user base by more than 2,000 percent to 10 million. Under the agreement, Totara’s 10 million users such as Sony, Tesco, Kmart, Coles, The Salvation Army, and 44 public hospitals across Australia, will have access to GO1.com’s content, which includes compliance training, soft skill training, and personal development courses, as well as the ability to book in-person training such as first aid or leadership courses.
Go1 Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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