fbpx
Global HR News & Updates
  • Features
  • Magazine
  • News
    • Asia
    • Europe
    • Africa
    • South America
    • OCEANIA
    • India
    • NORTH AMERICA
  • Insights
  • Leaders Speak
  • Book Reviews
  • Events
  • Advertising
  • Editorial Team
No Result
View All Result
SUBSCRIBE
Login
Global HR News & Updates
  • Features
  • Magazine
  • News
    • Asia
    • Europe
    • Africa
    • South America
    • OCEANIA
    • India
    • NORTH AMERICA
  • Insights
  • Leaders Speak
  • Book Reviews
  • Events
  • Advertising
  • Editorial Team
No Result
View All Result
Global HR News & Updates
No Result
View All Result
Home Business

Modal Secures $25 Million in Series A Funding to Revolutionize Data and AI Skills Development

Smita SinghbySmita Singh
in Business, News, NORTH AMERICA
0 0
A A
0
Modal Secures $25 Million in Series A Funding to Revolutionize Data and AI Skills Development

Modal Secures $25 Million in Series A Funding to Revolutionize Data and AI Skills Development

TweetPostShareWhatsapp

Modal, an innovator in skills development for data and analytics professionals, has successfully closed a $25 million Series A funding round, marking a significant milestone in the company’s journey. The investment round, led by Left Lane Capital and Ensemble VC, with contributions from Signalfire and Learn Capital, underscores the robust demand for AI skills in the marketplace and Modal’s effective approach to meeting this demand.

You might also like

Verra Mobility appoints Stacey Moser to lead its Commercial Services business

Shimona Chadha Joins Persistent as Chief Marketing Officer

Daniella G. Appointed as Head of Talent Acquisition at Weatherford

Founded by Darren Shimkus and Dennis Yang, former executives at Udemy, Modal aims to transform the landscape of technical and AI skills training. Leveraging their extensive experience in scaling Udemy to an IPO, Shimkus and Yang have designed Modal to offer personalized learning experiences through one-on-one expert coaching and practical, job-simulated projects. This method has proven to yield a remarkable 75% graduation rate among participants, significantly higher than the industry average.

Get Your Organization Happy Place To Work (HPTW) Certified : Why Workplace Happiness Matters Now More Than Ever

HAPPY PLACE TO WORK INSTITUTE (www.happyplacetowork.org)

Modal’s innovative pricing model is another area where it sets itself apart. Unlike traditional subscription-based services with low engagement rates, Modal introduces a success-based model. This approach ensures that companies invest in tangible outcomes, paying for the platform only when employees successfully complete their courses and demonstrate their newfound skills through comprehensive capstone projects.

In the past year, Modal has shown impressive growth, attracting over 100 large enterprises to its customer base, including names like Dentaquest and Casey’s. The platform’s focus on generative AI training and productivity enhancements through AI has seen substantial engagement, with learner engagement rates 15 times higher than the industry standard.

The fresh infusion of capital from the Series A round will be instrumental in further developing Modal’s platform, expanding market reach, and attracting top talent to join the team. Modal’s future plans include the introduction of Organizational Development Plans (ODP), aimed at aligning company objectives with specific skill development needs, thereby fostering a more data-driven organizational culture.

About Modal:

Modal stands as the preeminent learning platform for data and analytics professionals worldwide, distinguished by its ability to deliver impactful, real-world skills training. By combining expert-led courses, practical projects and labs, and a supportive learning community, Modal democratizes the learning experience for technical teams. The platform’s unique approach ensures that learners not only acquire technical skills but also gain a deeper understanding of the context and application of their new capabilities, leading to meaningful workplace improvements.

Tags: AI skills demandAI traininganalytics professionalsdata skills developmentEnsemble VCLearn CapitalLeft Lane CapitalModal fundingSeries A investmentSignalfiresuccess-based learning modeltechnical skills trainingworkforce upskilling
Tweet19Share30Share5Send
Previous Post

Chris Walters Named President & CEO of Pluralsight

Next Post

Lexicon Tech Solutions Appoints Jenny Taylor as Vice President of Channel Development

Smita Singh

Smita Singh

Recommended For You

Verra Mobility appoints Stacey Moser to lead its Commercial Services business

bySmita Singh
July 7, 2025
0
Verra Mobility appoints Stacey Moser to lead its Commercial Services business

Verra Mobility appoints Stacey Moser as Executive Vice President and GM of Commercial Services, leveraging her 25+ years of experience to drive growth and innovation in mobility solutions...

Read moreDetails

Shimona Chadha Joins Persistent as Chief Marketing Officer

bySmita Singh
July 7, 2025
0
Shimona Chadha Joins Persistent as Chief Marketing Officer

Shimona Chadha joins Persistent Systems as Chief Marketing Officer, bringing 20+ years of experience in enterprise marketing across HCLTech, Vodafone Idea, and Abbott.

Read moreDetails

Daniella G. Appointed as Head of Talent Acquisition at Weatherford

bySmita Singh
July 7, 2025
0
Daniella G. Appointed as Head of Talent Acquisition at Weatherford

Daniella G. has been appointed as Head of Talent Acquisition at Weatherford, bringing over 20 years of experience in global HR, talent strategy, and leadership roles across the...

Read moreDetails

Rakhee Sharma Appointed as Head – Global Talent Management & Organization Development at Centrient Pharmaceuticals

bySmita Singh
July 7, 2025
0
Rakhee Sharma Appointed as Head – Global Talent Management & Organization Development at Centrient Pharmaceuticals

Rakhee Sharma has been appointed as Head – Global Talent Management & Organization Development at Centrient Pharmaceuticals, bringing over a decade of leadership experience in L&D, HR, and...

Read moreDetails

Loren Eggleston Promoted to Head of Talent Acquisition and TP People Projects at Travis Perkins plc

bySmita Singh
July 7, 2025
0
Loren Eggleston Promoted to Head of Talent Acquisition and TP People Projects at Travis Perkins plc

Loren Eggleston has been promoted to Head of Talent Acquisition and TP People Projects at Travis Perkins plc, where she will lead strategic talent and HR initiatives across...

Read moreDetails
Next Post
Lexicon Tech Solutions Appoints Jenny Taylor as Vice President of Channel Development

Lexicon Tech Solutions Appoints Jenny Taylor as Vice President of Channel Development

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Sapir Arie Appointed as Head of Human Resources at Edikted

Sapir Arie Appointed as Head of Human Resources at Edikted

September 12, 2024
Ajay Bhasin Joins STEER as Group Chief Human Resources Officer

Ajay Bhasin Joins STEER as Group Chief Human Resources Officer

April 9, 2024
Kelly Ashline Appointed as Chief People & Culture Officer at Paul Smith’s College

Kelly Ashline Appointed as Chief People & Culture Officer at Paul Smith’s College

March 13, 2025

Browse by Category

  • Academia
  • Africa
  • AI
  • Asia
  • Blog
  • Book Reviews
  • Business
  • Compliances
  • Conflict Resolution
  • Corporate University
  • CXO
  • DEI
  • Employee Engagemnet
  • Employee Relation
  • Employee Wellbeing
  • ESG
  • Europe
  • Events
  • Features
  • Future of Work
  • Gen Z
  • Government
  • Green HRM
  • HR Analytics
  • HR PARTNERS
  • HR Technology
  • HR TODAY EXCLUSIVE FEATURE
  • India
  • Industrial Relations
  • International HR DAY 2025
  • January–February 2024
  • Leadership
  • Learning
  • MAGAZINE
  • Management Thought
  • May – june 2024
  • middle east
  • News
  • NGO
  • Non-Profit
  • NORTH AMERICA
  • OCEANIA
  • Organizational Culture
  • Performance
  • Performance Metrics
  • Recruitment
  • Rewards
  • Self Development
  • South America
  • Start-Up HR
  • Sustainable HR
  • Talent
  • Team Cohesion
  • Topic
  • Toxic Leadership
  • Trends & Forecast
  • UN Organizations
  • Women Leadership
Global HR News & Updates

"HR Today" aspires to be more than just a publication; it aims to be a platform where the brightest minds in HR come together to share knowledge, insights, and foresight that can shape the future of our profession. We aim to offer a unique blend of academic rigour and practical wisdom, addressing the most pressing challenges and opportunities in the HR landscape today.

USEFUL LINKS

  • Features
  • Magazine
  • News
    • Asia
    • Europe
    • Africa
    • South America
    • OCEANIA
    • India
    • NORTH AMERICA
  • Insights
  • Leaders Speak
  • Book Reviews
  • Events
  • Advertising
  • Editorial Team

RECENT POSTS

  • Verra Mobility appoints Stacey Moser to lead its Commercial Services business
  • Shimona Chadha Joins Persistent as Chief Marketing Officer
  • Daniella G. Appointed as Head of Talent Acquisition at Weatherford

SIGNUP FOR NEWSLETTER

Name*

Email Address*

© Copyright 2024 HR TODAY. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Features
  • Magazine
  • News
    • Asia
    • Europe
    • Africa
    • South America
    • OCEANIA
    • India
    • NORTH AMERICA
  • Insights
  • Leaders Speak
  • Book Reviews
  • Events
  • Advertising
  • Editorial Team
  • Subscribe
  • Login
  • Sign Up

© Copyright 2024 HR TODAY. All rights reserved.