Tuesday, July 2, 2024
HomeEdTech MarketWorkplace Knowledge & Experience Platform Talkout Raises $1.2M to expand

Workplace Knowledge & Experience Platform Talkout Raises $1.2M to expand

-

Talkout, a Birmingham-based startup that aims to improve learning and communication within companies, has raised £1 million ($1.2 million) to develop and expand its platform. Founded in 2020, Talkout provides cutting-edge software and training to promote workplace wellness. It centralises a firm’s knowledge, democratises the creation of training, and improves productivity, learning & development through an AI-powered learning assistant.

The funding, which the startup received from the Midlands Engine Investment Fund (MEIF) will create up to 40 jobs in sales, engineering, finance, and business development, and enable rebrand of the firm this year, according to a press statement.

The platform solves the challenges of communication, knowledge retention, learning, and well-being. It allows employees to connect with employees of other departments and share their issues, providing organisations to retain, develop, and support their employees.

Commenting on the development, Ian Fairclough, Investment Director at Midven, said,

We are backing a proven management who have developed a disruptive mobile-first learning platform, addressing the large and growing L&D market. Talkout has already won several blue-chip customers, and this investment will allow for further product market fit refinement to win new business.

Paul Putman, CEO of Talkout, said,

The whole team at Talkout is extremely proud that both Midven and Mercia have recognised our innovation, the market opportunity the platform creates, and the amazing team that has built the company this far. We believe this new approach to knowledge creation and learning is truly disruptive and will allow Talkout to become a UK tech company that can compete and win globally.

For regular updates about eLearning and edtech industry, please visit us regularly at https://lmsdaily.com. You can also like us on Facebook or follow us on Twitter.

How to use Moodle Book

 
Jaswinder Singh
Jaswinder Singhhttps://lmsdaily.com
I am an experienced Moodle Professional with experience in Moodle Course Creation, Moodle Setup, Moodle Integration, Moodle Training, Moodle Support & troubleshooting. YI am the author of popular books - "How to use Moodle 4.1" and "how to use Moodle 2.7". I work with one goal in mind “CUSTOMER SATISFACTION” – whether this means working to achieve results within a specific deadline (or beating the deadline), or with a focus on solid quality, if my client requires the job to be done I will go out of my way to achieving whatever it is that is necessary to do so. Basically, I can take care of your all Moodle requirements so that you can focus on your core job and I will manage your Moodle LMS.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Popular Posts

Authentica Solutions Raises $6.2M in New Funding to Expand Its Operations

Authentica Solutions, a leader in data integration and intelligence management solutions for the education sector, has recently announced the successful completion of a $6.2...

Moodle Admins – Create custom reports in Moodle using Configurable reports plugin

Moodle LMS is the most popular open source learning management system with more than 420+ million users in the world. Wherever elearning is used...

Moodle Teachers – How to use the Ordering Question type in Moodle

Moodle 4.4 - the latest major version of the Moodle LMS is packed with a lot of exciting new features. One of such is...