DeepHow Secures $14 Million in Series A Funding to Accelerate AI-Powered Skilled Workforce Training.
May 1, 2023
Detroit, Michigan - DeepHow, a leading AI-powered, video-centric platform for skilled workforce training, announced today the successful completion of its Series A funding round, raising $14 million. The funding round was led by Qualcomm Ventures, Sierra Ventures, LG Technology Ventures, Owl Ventures, Foothill Ventures, and Osage Venture Partners.
DeepHow is an award-winning platform that uses AI to digitize and transfer knowledge up to 10 times faster and 40% more effective than traditional training methods. The company bridges the gap between process documentation and skills management and up-skilling, helping enterprise organizations meet future workforce readiness goals.
"We are excited to have the support of such strong investors who recognize the potential of our AI-powered platform to transform how companies train their workforce," said Sam Zheng, Co-founder of DeepHow. "This funding will enable us to accelerate the development of our platform, expand our team, and continue our mission to revolutionize skilled workforce training."