Lepaya, an Amsterdam, Netherlands-based L&D Technology and power skill training provider, secured $38 million in funding.
The investment round was led by Endeit, with participation from Educapital, Mars Growth Capital, Liquidity Capital, as well as existing investors Target Global and Mediahuis Ventures.
Founded in 2006, Endeit Capital is a growth capital firm fueling internationalization and innovation. With AI as the overall denominator, Endeit focuses on 5 segments: Future of Work, Fintech, Sales Enablement, Supply Chain and Procurement, and Climate Tech. Headquartered in Amsterdam, Netherlands, the firm invests with its current €300M+ fund in multiple European countries.
Lepaya Use of Funds
With the fresh funding, Lepaya intends to invest in AI tools like an AI coach, which will personalize learning content based on individual learners' contexts and career levels.
Additionally, they plan to enhance skills data analysis to provide organizations and their leaders with deeper insights into skills on both organizational and industry levels.
Founded by René Janssen and Peter Kuperus in 2018, Lepaya is an upskilling solution that focuses on increasing talent retention and productivity through a blend of online, offline, and virtual reality training through an all-in-one capability platform. The platform combines AI and human intelligence to ensure that employees acquire the skills needed to remain effective and productive in their daily work. The company combines soft and hard skill training modules into power skill development programs, offering learning interventions and real-time data on learner behavior and impact. Lepaya counts many global enterprises as its customers including ING, Dell, Maersk, KPMG, and Freudenberg.
Funding Month: September 2023
Lead Investors: Endeit
Additional Investors: Educapital, Mars Growth Capital, Liquidity Capital, as well as existing investors Target Global and Mediahuis Ventures
Company Website: https://www.lepaya.com/
Software Category: Workforce Upskilling Platform