Verb is a SaaS-based learning and development company focused on training employees in sought-after soft skills through a blended learning model. Led by co-founder and CEO Suzi Sosa and based in Austin, Texas, the platform reaches thousands of learners rather than a select few. The company raised $6.4M in seed funding to support growth. Verb intends to use the funds to expand its marketing and sales teams, add personalized learning and other product enhancements, grow its content library, and develop a new mobile app. Backers include angels Brett Hurt, Nav Sooch, Andy Roddick, Leon Chen, and Barshop Ventures. Verb is an Austin-based social enterprise that connects large corporations and foundations to thousands of social entrepreneurs worldwide through competitions and its digital platform. Founded in 2013 by Suzi Sosa and Tom Meredith, the company grew out of their work running the Dell Social Innovation Challenge for seven years. Verb has worked with clients such as IBM and Livestrong and recently partnered with the Everglades Foundation to run a $10 million science prize. The company raised $2.3 million in seed funding and plans to use the proceeds for global expansion, platform development, and hiring key employees. Investors in the round include Tom Meredith, John Thornton, Bobby Epstein, Matthew Dowd, David Hunt, Herbert Simon, the Tingari-Silverton Foundation, the Graham Family Foundation, and other angel investors and philanthropists. The platform and ecosystem aim to help entrepreneurs identify strategic partners, sources of capital, and mentors to replicate and scale innovations beyond local communities.

Total raised

$9M

Funding rounds

2

Latest round

Seed

Latest activity

Dec 2019