Esme Learning Solutions, a Boston-based global leader in online professional development announced a further $15 million in new funding to support the edtech company's rapid global expansion.
Previous investors, Adit Ventures are committing a further $10 million with leading edtech solution providers, ThriveDX making a strategic investment of $5 million.
The new round of funding will support an expanding marketing footprint, accelerating product innovation, and enhancing research & development on new formats of courses to meet the demands of the time-poor executives as well as new modes of learning to build better learner outcomes.
Company: Esme Learning Solutions Inc.
Funding Month: December 2021
Lead Investors: Adit Ventures
Additional Investors: ThriveDX
Company Website: https://esmelearning.com/
Software Category: AI-powered digital learning platform
About the Company: Esme Learning Solutions is transforming the future of digital learning through AI. Esme Learning Solutions courses leverage over 15 years of cognitive science research on group collaboration, and they deliver an immersive executive education experience with some of the top universities in the world. Each course blends high-quality video, live simulations, interactive media, and small group exercises with top learning design principles that contribute to Esme Learning's industry-leading 97% course pass rate. Executives gain soft and hard skills to advance their careers, instructed by leading luminaries and experts in frontier fields, such as fintech, cybersecurity, AI leadership, and health ventures. In 2021 they acquired a collaboration platform, Riff Platform, combining forces to meet the learning needs of the next generation of business leaders. Backed by Adit Ventures, Esme Learning Solutions is what's next for education.