LearnUpon builds a cloud-based learning management system (LMS) for corporate training, onboarding, customer and partner education. The platform supports live and on-demand learning, imports content from external authoring tools, and integrates with live platforms such as Zoom. The company is focused on expanding analytics and product capabilities and plans to hire more engineering and product staff, plus additional salespeople to grow in fast markets like the U.S. LearnUpon has about 180 employees, serves roughly 1,000 customers globally, and the U.S. accounts for 70% of its sales. It was profitable prior to this raise and had previously raised $1.5 million. Annual recurring revenues have grown by more than 50% year-on-year for each of the last 12 quarters.

Total raised

$56M

Funding rounds

1

Latest round

Equity

Latest activity

Oct 2020