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  • Queensland edtech unicorn Go1 gobbles up British rival Anders Pink

Queensland edtech unicorn Go1 gobbles up British rival Anders Pink

Brisbane-based workplace learning platform Go1 has acquired five-year-old rival UK content curation startup Anders Pink.

The deal went through late last year for an undisclosed sum as part of Go1’s push into the European market after also acquiring Swiss-French edtech Coorpacademy, which provides French and German language content.

It’s been a busy year for Go1, which doubled its valuation to A$2.8 billion after raising $100 million last July.

Anders Pink has partnered with multiple workplace learning content creators, including Go1, to provide automated recommendations to users on what to study next to improve their job skills.

North America is Go1’s largest market, but CEO Andrew Barnesm is now focusing on building out the European business.

“The acquisition accelerates our ability to deliver and discover the world’s best learning content for individuals, teams and organizations, helping them achieve their learning goals,” he said.

“Go1’s vision is to engage one billion learners and this is an important milestone on this journey”.

By 2022, the company signed more than 65 partnerships worldwide, reaching nearly 10 million learners. The number of customers has doubled year on year.

Anders Pink has around 1 million students using its platform, with a customer base that includes Spotify, Scania and Hitachi. It integrates with multiple learning platforms and learning management system vendors, including Degreed, Docebo, D2L Brightspace, Fuse, and Totara.

It was co-founded by serial entrepreneur Stephen Walsh, who previously founded Kineo, BuzzSumo. alongside his former Kineo MD, Steve Rayson. Anders Pink Managing Director Michelle Hazelton said the strategic focus of the two companies is aligned.

“Go1 and Anders Pink share a common goal of curating the world’s best learning content, on every learning platform, for the world’s leading organizations,” he said.

“The acquisition gives us the opportunity to generate greater market impact on a significant scale.”

Go1 backers include Sydney edtech investment fund Five Sigma, AirTree, Blue Cloud, Madrona, Salesforce Ventures, SoftBank Vision Fund 2, Larsen Ventures, Scott Shleifer and John Curtius of Tiger Global, Steve Baxter’s TEN13, Microsoft’s venture fund M12, SEEK and Y Combinator .

The Brisbane startup previously raised US$200 million (A$273 million) in a Series D in July 2021 and has now raised around US$400 million.

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