Welcoming GrowthSpace to the M12 portfolioPosted on
I’m excited to welcome GrowthSpace—personalized talent development at-scale—to the M12 portfolio as co-lead of their Series A round, alongside Vertex Ventures.
I’ve been following the GrowthSpace team for years now, and have been impressed by their vision to make every employee great—an aspiration that emerged from their personal experiences as managers and servant leaders. While the eLearning market is relatively mature, expert-led employee development is ready for disruption. In discussions with Learning & Development leaders, managers, and coaches, we learned that the GrowthSpace team has managed to identify and elegantly address three market failures in employee development:
The unmet appetite for personalized, human-delivered learning experiences shared by employees at all levels, regardless of seniority. Unfortunately, bespoke personal development, like coaching, is largely reserved for senior-level executives, leaving junior employees underserved by sporadic mentorship.
The challenge of delivering personalized professional development at-scale, and the inability of HR leaders to capitalize on the correlation of 1-on-1 learning with employee skill-building, satisfaction, and retention.
The lack of an effective digital platform to supply experts like coaches and trainers with a steady stream of clients.