Accel and SoftBank Vision Fund 2 led a $650m funding round in Eruditus.

Accel, an early and growth-stage venture capital firm, and SoftBank Vision Fund 2, a fund with a goal to invest in AI-based technology, led a $650m funding round in Eruditus, a provider of executive education programs intended for mid-career professionals. Canada Pension Plan Investment Board also participated in the new round. The startup would deploy the fresh funds to develop more courses and build new products. “With this fundraise, we’re excited to scale our unique business model, continue to deliver strong learning outcomes, and grow our global impact at a rapid rate,” Ashwin Damera, Eruditus Co-Founder and CEO.