LearnWorlds raises $1.1 Million to help instructors and businesses deliver effective learning experiences

LearnWorlds raises $1.1 Million to help instructors and businesses deliver effective learning experiences

LearnWorlds, a company helping professional trainers and businesses to launch their branded online schools and professional training centers, announces the completion of a $1.1 million seed round by Marathon Venture Capital.

Celebrating 1000 customers in over 70 countries, the company announced on July 23rd 2019, an investment by Marathon Venture Capital, to accelerate the growth of its innovative online training platform.

LearnWorlds’ SaaS e-learning platform allows trainers to create and monetize unique and enjoyable learning experiences, combining interactive video, ebook and social features. It’s a tool for the age of the knowledge economy, where anyone who has something to teach can launch a profitable online school.

LW course page
Photo credits: An example of an online academy

The investment will enable the company to enhance its product offerings and address the needs of large-scale online schools such as high-selling trainer, corporates that want to educate their customers and promote their brand, and organizations looking for an agile and lightweight training system for their staff.

LW course player
Photo credits: An example of an online academy

LW dashboard
Photo credits: Administrative dashboard of an online school

“LearnWorlds is a rare breed of company that has bootstrapped to profitability while enjoying fast growth, raving customer reviews, and a diverse customer base,” said Panos Papadopoulos, partner at Marathon Venture Capital. “We are excited to partner with an experienced team providing a market-leading solution for crafting new educational experiences. We see a future where learning is increasingly facilitated by a distributed pool of content creators building online, proprietary audiences, and we believe LearnWorlds is going to play a role towards it. We have been fascinated by the extent of use cases already at play in the platform, ranging across the spectrum of personal and professional skills, from hobbies to enterprise software academies.”, he added.

LearnWorlds has enjoyed rapid growth and already counts more than 1,000 customers in over 70 countries, ranging from solo edupreneurs to professional training organizations, large tech companies, and government agencies. More than half of those are based in the U.S., LearnWorlds’ largest market.

Countering the tendency for commoditization of online educational content, LearnWorlds’ platform helps content creators to distribute their content through branded online academies, to forge meaningful bonds with their audiences and capture value through sales of online courses and certifications, as well as through increased customer engagement and success.

Today, the company boasts 25 full-time employees with a strong R&D background and is currently expanding its team across roles. Its end-to-end solution encompasses all aspects of creating and running an online academy, starting with award-winning authoring tools for creating interactive online courses, all the way to monetization, marketing, certifications and analytics. LearnWorlds is highly rated at user review websites like G2 Crowd and Capterra, consistently being ranked among the top 5 course platforms worldwide.

“Learning is the most effective, guaranteed and fulfilling way to change a life, and the future of learning is online. LearnWorlds is a “Shopify for the knowledge economy”, helping instructors to monetize their skills by reaching vast new audiences and transforming the lives of millions of learners. Our team is laser-focused on the success of our customers. We decided to raise our first ever outside investment in order to move faster, increase our sales capacity and add features that will allow us to better serve large scale schools and enterprise customers”, said Panos Siozos, LearnWorlds CEO & co-founder.

*This is a press release announcement by LearnWorlds. 

DisruptEurope Team
Author: DisruptEurope TeamWebsite: http://disrupteurope.eu