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Guild Education reaches $3.7 billion valuation amid labor shortage

Mount Equity Group Tokyo Japan > News > Tech > Guild Education reaches $3.7 billion valuation amid labor shortage

Guild Education’s Headquarters in Denver, ColoradoGuild Education

Guild Education has raised a $150 million Series E funding round, bringing the company’s valuation to $3.75 billion — more than triple its previous valuation of $1 billion.

The Denver-based edtech company, ranked No. 49 on this year’s CNBC Disruptor 50 list, helps companies including Disney, ChipotleWalmart, Taco Bell and Lowe’s offer debt-free degrees to their employees.

“If you talk to CEOs at nearly any large company, they’re focused on issues that hinge on getting the return to work right: safety protocols, culture, support for women and parents, and above all — recruitment and retention,” co-founder and CEO Rachel Carlson told CNBC.

On Guild’s platform, users can enroll in programs from high school to trades, associate’s, bachelor’s and master’s degrees. The courses are usually flexible, and don’t require a student to leave during the workday to complete a lesson or take an exam.

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