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Singapore-based Tigerhall, a mobile SaaS platform for social learning, has secured US$7 million in a financing round led by Monk’s Hill Ventures.
The funding will be used to expand its footprint into the US and APAC markets. It also looks to double down on user personalisation 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.
Launched in March 2019, Tigerhall challenges desktop-first, video-based, outdated corporate development programmes.
It provides professionals with mobile-first upskilling through personalised content based on machine learning, user behaviour and a short assessment quiz. The user can then see personalised content and development areas based on a unique development plan. Trails are designed for depth, structure and time-based learning journeys.
The startup claims it increases engagement by leveraging busy business professionals’ short attention spans and behaviour with learning journeys from over 1,300 pieces of bite-sized content. 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.
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).
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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.
The social learning platform claims to have grown revenue by 10X in the last 12 months.
“Where you come from should never get in the way of where you want to go,” says Nellie Wartoft, CEO of Tigerhall. “From my experiences in recruitment, I’d see candidates struggle to 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 learnt much more from interacting with senior leaders and getting advice from experts than in university and corporate training programmes.
In April 2020, Tigerhall raised US$3.1 million from investors such as Sequoia Capital’s Surge, Taurus Ventures, and XA Network. A year earlier, it secured US$1.8 million in seed funding from WDHB, Paladigm Capital, and a private investor.
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