Tigerhall, a Singapore-based mobile SaaS platform for social learning, announced raising $7 million in its latest financing round.
The round was led by Monk’s Hill Ventures and followed a $3.1 million investment last April 2020 from Sequoia Capital’s Surge, Taurus Ventures, and XA Network.
The new capital injection will help the Singapore-based company to expand its footprint into the US and APAC markets, according to the announcement.
It also looks to double down on user personalization and product development, such as a Tigerhall micro-podcast creative studio, where CEOs and business leaders can create short under 20-minute podcasts using Tigerhall templates on their mobiles at home or on the go.
To date, Tigerhall has expanded its reach to professionals across 32 countries with enterprise customers in tech, financial services, and consumer goods, including HP, New Relic, BNY Mellon, and others.
Nellie Wartoft, CEO of Tigerhall, said his experiences in recruitment allowed him to see the struggles of candidates who didn’t get their dream job because they didn’t get the relevant mindset or soft skills required by employers from their education investments.
“I’ve also personally learned much more from interacting with senior leaders and getting advice from experts than in university and corporate training programs,” Wartoft said in a statement.
Since it was launched in March 2019, the company claims it increases engagement by leveraging busy business professionals’ short attention spans and behavior with learning journeys from over 1,300 pieces of bite-sized content.
Tigerhall challenges desktop-first, video-based, outdated corporate development programs. Their content is under 20 minutes each in the form of micro-podcasts, live streams, videos, and power reads and is fuelled by a community of over 800 global Thinkfluencers with real-world successes.
Its Thinkfluencers include Karen Hopkins (global CMO, E&Y), Radha Subramanyam (president, chief research & analytics officer, CBS), Arielle Gross Samuels (head of global strategy & engagement, Facebook), and Anshul Sheopuri (VP and CTO – Data & AI at IBM).
Tigerhall also provides professionals with mobile-first upskilling through personalized content based on machine learning, user behavior, and a short assessment quiz. The user can then see personalized content and development areas based on a unique development plan. Trails are designed for depth, structure, and time-based learning journeys.
The social learning platform claims to have grown revenue by 10X in the last 12 months.