Why we have continued to invest in 360Learning since 2018
We are proud to say that our portfolio company 360Learning is quickly evolving into the leading global player within the corporate EdTech SaaS market. This is further validated with the news of their new $200 million round being shared today.
With their intuitive and innovative platform, they are transforming the learning experience to make it more collaborative, engaging, and performing. For the past 7 years, they positioned themselves as the foremost collaborative learning platform globally, recognized by analysts such as Gartner and Bersin and their 1500 corporate customers including LVMH, Aircall, Toyota, and Appen bank. Through perfect execution and a strong culture, they have become best-in-class in growing a SaaS business efficiently and acquiring the necessary talents to support that growth.
But what stands out most in my mind is the dedication to their vision.
At the time I met Nick in 2014, the edtech market was new and emerging. It did not have the same dynamic as today. But already then, I could tell Nick had the ambition to revolutionize learning, with the goal of moving from traditional top-down, old school methods, towards more a peer-to-peer, advanced model. When we met Nick, Guillaume, and the team again early 2017, they had us sold on their mission to build the most collaborative learning platform worldwide. We can now confidently say that they are really doing it.
From day 1, they implemented efficiently their strong strategy and it is impressive to see how aligned and dedicated they have remained.
They have defined a new standard: collaborative learning.
Collaborative learning allows people to continuously learn and adapt to the fast-evolving technologies and job markets, with the aim of improving efficiency and reducing the skills gap. It also allows customers to increase leadership skills and engage people, while they share knowledge to their teams and collaborators.
Today is a new step, 360Learning has announced a $200 million new raise led by Sumeru and Softbank Vision Fund 2. Educapital is proud to participate again, alongside Bpifrance and XAnge. This round will help them to accelerate strongly in Europe and the US, to continue recruiting talented and motivated people, to grow the team to over 500 people, to invest in strategic M&A. It will also facilitate continued investment in their strong product and allow them to leverage the power of AI to personalize learning and make it even more efficient.
360Learning has already done a lot.
But this is still just the beginning.
And we totally trust them to become the number 1 player worldwide.
