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· Posted on
July 1, 2021

Australia's next $1 billion 'unicorn' is here

See how a company started in a Queensland garage became the latest Aussie to reach 'unicorn' status

What's the key learning?

  • The e-learning market is skyrocketing at the moment and is expected to grow more than 21% over the next six years
  • The education and corporate sectors have taken a liking to e-Learning as it helps them engage and retain employees

WHO ACTUALLY IS GO1?

Go1, the Queensland based corporate training marketplace, is about to become Australia’s latest unicorn - joining the likes of Canva, Airwallex and SafetyCulture.

Go1 started in a Queensland garage (as all good startups do) back in 2015. Essentially, they provide online training courses to upskill employees.

  • We’re talking first aid courses
  • We’re talking coding courses
  • We’re even talking well-being courses

Go1 has doubled its revenue year-on-year for the past five years. And in a bold move, they're calling themselves "Spotify for corporate education" (minus the RapCaviar, of course).

So, what's the key learning?

The E-Learning market, which Go1 is focused on, grew to more than $331 billion last year. But wait, there's more... it's expected to grow at more than 21% over the next six years.

E-learning platforms have seen a HUGE uptake from the education and corporate sectors over the past few years. Why? It helps them better engage and retain employees.

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