{"id":60665,"date":"2018-06-20T13:00:54","date_gmt":"2018-06-20T13:00:54","guid":{"rendered":"https:\/\/explore.local\/2018\/06\/20\/degreed-acquires-pathgather\/"},"modified":"2025-04-04T19:15:15","modified_gmt":"2025-04-04T19:15:15","slug":"degreed-acquires-pathgather","status":"publish","type":"post","link":"https:\/\/degreed.com\/experience\/es-419\/blog\/degreed-acquires-pathgather\/","title":{"rendered":"Degreed Acquires Pathgather"},"content":{"rendered":"

\"DEgreed+PG_5\"<\/p>\n

We chose the mission of creating a better way to develop and communicate skills not because it was easy but because we believe everyone deserves earning and career potential, regardless of their formal credentials.<\/p>\n

We\u2019re pleased with our progress, but there\u2019s clearly more to do. Which is why today, we are excited to announce we have combined forces with Pathgather.<\/p>\n

The acquisition immediately increases our ability to deliver our industry-leading learning experience in technology and services, and more importantly, to help you build and measure the skills of both your employees and your organization.<\/p>\n

A force to be reckoned with<\/b><\/p>\n

Founded in 2012, Pathgather is a fast-growing and highly-respected innovator in learning experience platforms. The company, which is based in New York City, brings another 30 smart, creative and dedicated people onto our team starting today. That means we\u2019ve now got the largest team in the industry \u2013 more than 230 people \u2013 dedicated exclusively to improving people\u2019s learning experiences, and linking career growth to business priorities.<\/p>\n

Together, we\u2019re a force to be reckoned with. This acquisition brings together the two real innovators in learning experience platforms \u2013 our two organizations literally created this market. It also solidifies Degreed\u2019s lead in the fast-growing learning experience platforms market, with a combined client base of more than 200 organizations, over 4 million licensed users, and nearly $100 million in funding.<\/p>\n

\u201cPathgather has always been dedicated to our customers\u2019 success, and this merger ensures that our users and clients will now enjoy an even better product and experience, with the same level of continued dedication,\u201d said Eric Duffy, CEO of Pathgather. \u201cJoining forces with Degreed plugs us into the biggest and most vibrant community of innovative learning and HR executives in the world. We\u2019re excited to tap into Degreed\u2019s experience, insights and resources.\u201d<\/p>\n

The future<\/b><\/p>\n

This is an exciting time for Degreed; it\u2019s been just four months since we raised $42 million in our Series C, and appointed our new CEO. More importantly, though, this is exciting news for our clients, partners, and users. Degreed has always been committed to innovation, ever since our start in 2012, and our creativity and drive have been a key attraction for many clients.<\/p>\n

\u201cThis combination makes us the unequivocal leader in learning experience platforms,\u201d said Chris McCarthy, CEO of Degreed. \u201cCorporate learning budgets are shifting fast, and LXPs have emerged as the new operating system for employees\u2019 training and development. Pathgather and Degreed defined this market. Now, together, we have the products, expertise, relationships and war chest we need to accelerate innovation, and dramatically accelerate our growth.\u201d<\/p>\n

With our expanded set of resources and capabilities, we are now planning to expand our functionality to further enhance both our clients\u2019 and users\u2019 experiences. To start, that will include:<\/p>\n