Max here! You may have heard that we shared some good news today: Lessonly raised $5 million in Series A financing. The round was led by Boston-based OpenView, with participation from High Alpha Capital and Allos Ventures. We are honored to add OpenView’s brilliance to the team and welcome partner Ricky Pelletier to our board.
Now, let’s talk about two important things:
WHY WE RAISED CAPITAL AND WHAT WE PLAN TO DO WITH IT
We are on a mission to help people do better work so they can live better lives. Our vision is to create learning software that millions of employees demand. This capital allows us to make investments in teams and technology that will rapidly accelerate our mission and vision.
As you saw with our enhanced My Assignments page and Learning Library announcements last week, the future is bright, and we are rocketing toward it. We are beyond fortunate to spend our days working on such an important problem.
In case you don’t yet know, here is a 58-second primer on Lessonly
For too long, employees have been subjugated to compliance-based learning systems. These offerings were designed to protect the company from its people, not to help the company empower its people. This distinction is the fundamental difference between what we do and what they do.
Lessonly is focused on the learner’s experience, and we will not compromise our offering with functionality that is not in the learner’s best interest. Our new capital will help us design more impactful learner experiences, offer richer data and system-of-record integrations, and continue to optimize the workflows for capturing, sharing, and measuring company knowledge, best practices, and team policies.
We started 2015 with a seven-person team. That team grew to 18 over the course of the year, and it has already beanstalked to 30 in 2016. Over the coming months, we will add even more great people to bolster our product, sales, and service departments; the more sharp minds and tenacious souls we can work with, the better. If you want to join us, check out our job listings.
OKAY, TIME TO GET BACK TO WORK
Thanks for reading this, and thank you for supporting the Lessonly team.
This business would not be what it is if so many of you had not been there to help us along the way. It takes a village to make a positive, lasting impact, and we are so grateful for the village that continues to help us flourish.