Opus Raises $6.8 Million in Series A

by Kay Aloha Villamor in May 25th, 2023

Opus, a New York-based training platform for businesses with a deskless workforce, raised $6.8 million in Series A funding.

The round was led by Stage 2 Capital, with participation from existing investors including Gutter Capital, NextView Ventures, and Bling Capital.

This Series A capital will help Opus confront the frontline worker shortage via the same AI technology that the majority of software companies are leveraging for desk workers.

The fund will also accelerate Opus' growth including the expansion of the engineering and go-to-market teams, the further development of the SaaS platform, and the integration into new industries.

"Training technology is not accessible to the majority of American workers, but we're changing that," said Rachael Nemeth, co-founder and CEO at Opus. "In today's labor market, Opus is an essential tool for businesses with frontline workers. We're building a world where employers are not just checking a box, they are getting frontline business intelligence so they can make better decisions about their majority workforce. What's next in the world of work is new knowledge, new growth and creating space for everyone. We're thrilled to partner with Stage 2 on our next chapter."

Opus is designed to help businesses with a large distributed workforce minimize labor costs and increase sales by offering accessible training technology that can reach 99% of employees. It automates every part of the employee training lifecycle in a single system and delivers all forms of training to employees' phones through a mobile application that is available in more than 100 languages.


Raised: $6.8M

Round: Series A

Funding Month: May 2023

Lead Investors: Stage 2 Capital

Additional Investors: Gutter Capital, NextView Ventures, and Bling Capital

Company Website: https://www.opus.so/

Software Category: Training Platform

About the Company: Opus is a mobile-first learning platform that helps businesses get their frontline teams up the productivity curve quickly. Opus unlocks human potential and strengthens employees' relationships with their coworkers. The company is leveraging AI through its translation technology and content builder and the translation technology helps reduce operating costs by automatically translating every course, message, and interaction on the platform into over 100 global languages. With accessible, AI-enabled technology for frontline workers, Opus helps businesses accelerate into the new era of work.

Source: https://www.prnewswire.com/news-releases/opus-secures-6-8m-series-a-funding-towards-ai-powered-training-technology-for-the-deskless-workforce-of-110-million-americans-301832900.html

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