Austin-based Employee Mentoring Startup Verb Raises $6.4 Million to Accelerate Development of its Platform

Austin-based Employee Mentoring Startup Verb Raises $6.4 Million to Accelerate Development of its Platform

Austin-based edtech startup Verb has raised a seed funding of $6.4 million from angel investors including Brett Hurt, Nav Sooch, Andy Roddick, Leon Chen and Barshop Ventures.

Started in 2013, Verb is a learning and development platform that provides innovative online workplace leadership training that combines individual skill development, mentorship and regular peer learning for a whole person development. It teaches skills that empower employees to know themselves, how to improve themselves, know others, and how to improve others. The startup offers original content delivered in bite-sized activities.

Verb was started as a simple business plan competition for socially innovative entrepreneurs. According to its co-founder and CEO Suzi Sosa, the startup has transformed throughout its lifetime. When the startup first started out, it led social innovation competitions for big brands like Dell, MetLife and IBM. Today, Verb provides people all over the world with the skills they need to succeed, unlock and cultivate their potential.

Emphasizing the importance of better leadership training and building soft skills for employees, Suzi Sosa said,

“Millennial employees were aging into their first management positions, and companies needed better leadership training for them. Companies have discovered that the thing that’s holding back employees is not their technical skills, but actually soft skills – their leadership skills.”

“We’re in a moment in time where even the understanding of soft skills is changing. Once upon a time, soft skills were giving and receiving feedback or setting goals. And now, it’s the things like mindfulness, self-awareness and unconscious bias.”

Verb uses a blended learning model to teach both traditional leadership skills and modern ones. It offers individual micro-learning, paired learning, and group learning programs. Users learn through a series of bite-sized micro-lessons and group learning classes to practice new skills with a team. They are also paired with a mentor to discuss and review their progress and set future goals.

The company said that with the new funding, it plans to ramp up its brand and product teams by about 50 percent in the next year to accelerate the development of its B2B SaaS platform. Currently, Verb’s team is made up of about 30 entrepreneurs, educators and creatives.

Verb believes that employees developed as a whole person are more productive, adaptable, and loyal. It strives to help them get there. The company’s continuous learning cycle reinforces learning with experiential and collaborative activities helping employees feel more productive and fulfilled at work.

Img Src

About the Author
Author: Stephen Soulunii
Stephen Soulunii No more a student, but love to learn. Not a teacher, but care about how students are taught. Not an educator, but want everyone to be educated. Not a social worker, but desire to see change. Not a reformer, but always want to see a better world. The author believes that only sound education can bring a better future, better world and technology can help achieve a lot in this field.

Like what we do?

The Latest EdTech News To Your Inbox

Follow us:

   

 

Latest EdTech News To Your Inbox

About ETR Community

EdTechReview (ETR) is a community of and for everyone involved in education technology to connect and collaborate both online and offline to discover, learn, utilize and share about the best ways technology can improve learning, teaching, and leading in the 21st century.

EdTechReview spreads awareness on education technology and its role in 21st century education through best research and practices of using technology in education, and by facilitating events, training, professional development, and consultation in its adoption and implementation.

 

-> Read More

Join the EdTech Community

Subscribe and Join the 100,000+ members who trust us...

Testimonials
I find every news, reviews very informative and interesting. This site is indeed a great site for both teachers and learners. Thanks to EdTech for creating such an enriching site on education. Hats off!!
- Regin Brown, Educationist and Blogger, United Kingdom


My group likes this site because it's so up-to-date and has tons of relevant articles.
- Angela Giuliano, Teacher, New Mexico


Your write ups and articles ignites the minds making them receptive to the whole new wealth of EdTech.
- Jagat Rana, Parent, India


EdTechReview has some great resources for teachers who need to get some ideas about technology in the classroom.
- Loretta Wideman,Teacher, East Africa


EdTechReview keeps educators up to date with trending tech savvy terms relative to the discipline.
- Dr. Ingrid Rizzolo,Education Professional, Curriculum and Instruction Designer, New York City Area

-> Read More

Go to Our Client List

Adobe Avaya Bettasia Bonio Campus Management CK12 CKS Evernote IBM Intel IQPC Kidzania McGraw Hill Moodle Moot USC Rossier CMR University The British School Canadian International School Pathways Ridge Valley

Subscribe to our Newsletters...