We have advised Coorpacademy’s shareholders, a French digital corporate learning platform, on the sale to Go1, an Australian Edtech Unicorn.
Go1, an Australian Edtech Unicorn, backed by SoftBank, Salesforce Ventures, Tiger Global, and Microsoft Corp's Venture, acquired Coorpacademy from founders, NextStage, Serena Capital, Celeste Management, S.I.GN Partenaires, and employees. As part of the transaction, Arnauld Mitre, Jean-Marc Tassetto and Frédérick Benichou, who founded Coorpacademy in 2013, will reinvest and team up with Go1.
Incepted in 2013 as a pioneer in digital corporate learning, with a learner-centric digital learning pedagogy, dedicated to stimulate soft skills learning, via micro-learning and gamification.
Coorpacademy relies on a distinctive approach to co-create content with an ecosystem of branded partners, resulting in the most comprehensive catalogue of online courses, covering the most relevant soft skills dedicated to any industry including digital, management, organisation, culture and sustainability, as well as in a strong client satisfaction tied to a highly appealing value proposition.
Coorpacademy has built a highly scalable business model thanks to its international platform with 40% of users outside of Europe, its premium cross-cultural soft skills content library available in English, French and German, its SaaS subscriptions and cloud-based offering, and its robust IT framework able to increase the volume of connected users at marginal deployment cost. Coorpacademy serves approximately 100 blue-chip clients, with broad and balanced industrial coverage, resulting in a community of nearly 1.2m learners located in over 190 countries worldwide.
Coorpacademy is now in an ideal position to embark on the next phase of its development, leveraging on Go1’s content and marketing expertise. Go1, with a presence in Oceania, Asia and the US, is to leverage on Coorpacademy to build a strong and pan-European presence, making the combined entity a true global leader.
