Prairie Village, KS-based Five Elms Capital has invested $4 million in GoReact. Five Elms invests in business-to-business companies, providing capital, strategy, business development, recruiting, and business development advisory.
GoReact provides a video-based skills training platform that is used in classrooms. The company is based in Orem, Utah.
“GoReact has built an amazing platform, assembled a fantastic team, and has executed at scale,” Joe Onofrio, partner at Five Elms Capital, said in a statement. “We could not be more excited to support them as they continue to grow rapidly.”
GoReact has spent the last three years perfecting their online video feedback platform, originally created for student/teacher presentations and expanded to encompass everything from sales training to law enforcement to sign language. A $4 million growth investment represents a major vote of confidence as they continue to expand options for video-based skill development.
“GoReact is changing how teachers and mentors are able to coach and assess performance-based skills,” said GoReact CEO Ken Meyers. “Our platform streamlines the learning process and allows users to improve their performance skills faster than ever before.”
Terms were not disclosed.