Why We Invested · Endeit
Investment thesis
Endeit's core investment thesis for Sharpist focuses on solving a major enterprise learning problem in a simple way.
That’s our core investment thesis for Sharpist: solving a big enterprise problem in a simple way.
Sharpist's solution reinforces Endeit's broader investment thesis around Intelligent Empowerment.
At Endeit, this reinforces our thesis around Intelligent Empowerment.
Why the firm invested
Endeit selected Sharpist due to the massive size of the incumbent L&D market undergoing rapid digital transformation.
The investment in Sharpist is attractive due to the sheer size of the incumbent Learning & Development market that is being rapidly transformed digitally.
Product
Sharpist uses artificial intelligence and automation to reduce the time and cost burden of professional coaching.
The Sharpist team uses artificial intelligence and automation to reduce the time and cost burden of engaging with professional coaches.
Sharpist provides HR managers with aggregated analytics and insights across 32 focus areas.
Sharpist enables HR managers to gain aggregated insights and analytics across 32 focus areas and into team development progress.
Over 70% of Sharpist's coaches have more than 15 years of coaching experience, requiring at least 1,000 hours to join.
More than 70% of its coaches have over 15 years of relevant coaching experience and it takes at least 1,000 hours of coaching to join the Sharpist network.
Traction
Sharpist has major corporate clients including Zalando, Otto, Franke, Porsche, Metro, and BASF.
Sharpist has top-end corporate clients like Zalando, Otto, Franke, Porsche, Metro and BASF that are increasingly subscribing new employees to the platform.
Sharpist achieves over 90% engagement among learners on its platform.
Sharpist has more than 90% engagement among its learners.
What founders can learn
- What actually moved the decision: Endeit wrote that Endeit selected Sharpist due to the massive size of the incumbent L&D market undergoing rapid digital transformation.
- The traction evidence that carried weight: Endeit wrote that Sharpist has major corporate clients including Zalando, Otto, Franke, Porsche, Metro, and BASF.
Source and provenance
Why We Invested published by Endeit on endeit.com (first-party source). Read the original