Disprz, an AI-powered learning and skilling suite, has secured $30 million in Series C funding for global expansion and the development of skilling technologies. The funding round was led by Lumos Capital and 360 ONE Asset (IIFL), with participation from Kae Capital, KOIS, and Dallas Venture Capital. The funds will be used to expand into emerging markets such as the Middle East, India, and the US, and to develop new-age technologies like Generative AI.
Disprz, founded in 2015, has experienced significant growth and is considered one of the few HR tech startups in the Series C segment. Despite the challenges posed by the pandemic, the company has achieved consistent revenue growth, demonstrating that investing in people’s advancement is a recession-proof problem within the HR tech industry.
The company serves industry leaders such as Sharaf DG, Jumbo Electronics, NEOM, and Saudi Research, among others. Disprz aims to equip the global workforce for the rapidly changing world through its B2B SaaS approach. By providing a comprehensive learning and skilling platform, Disprz addresses the increasing need for upskilling and retraining in today’s evolving workforce.
With a presence on every continent, Disprz currently serves over 350 organizations, including renowned household brands and industry leaders. The newly raised funds will enable the company to expand its global team by hiring data scientists, skilling scientists, and engineers to enhance its product capabilities. Disprz also plans to establish strategic partnerships and make strategic acquisitions within the broader learning ecosystem.
Looking ahead, Disprz envisions itself as a people intelligence suite on a global scale. The company aims to go beyond employee skilling and support every stage of an employee’s lifecycle, empowering organizations worldwide to unleash their workforce’s potential through skills, data, and personalization.
For more information, please visit Disprz’s official website at [https://disprz.ai/].
In conclusion, Disprz’s successful Series C funding round will fuel its global expansion efforts and the development of innovative skilling technologies. As the demand for upskilling and retraining continues to grow, Disprz’s AI-powered learning and skilling suite is well-positioned to address the evolving needs of organizations and equip the global workforce for the future.