The funding will accelerate the international growth of the preferred learning and development platform for many of Europe’s leading tech companies, including Hellofresh, King, and GoCardless. It will enable Learnerbly to strengthen its product development, scale its distributed workforce of more than 60 employees, and harness global demand for its services, particularly in the USA.
Learnerbly’s online marketplace guides and supports employees to access the most relevant resources including books, podcasts, conferences, courses, coaching and more from over 250 leading providers. This provides its clients with a platform that upskills, unlocks potential, and inspires a culture of growth in tech-focused businesses.
Digital Horizon’s venture capital fund observes a multi-stage approach — investing in companies at all stages of the startup cycle. Its funds have a particular focus on the European, Israeli and US corporate software and fintech sectors. Based in the UK, with global clients, SaaS company Learnerbly meets many of the criteria that has made Digital Horizon’s approach so successful to date.
Alan Vaksman, Founder and Managing Partner at Digital Horizon commented:
"The corporate software sector (SaaS) is one of the fastest growing segments in venture capital, and an area Digital Horizon has significant expertise in. Learnerbly is an exciting company addressing the challenge of learning and development amidst a landscape of remote and distributed working, the great resignation and changing employee expectations. It has real growth potential, and we are delighted to be investing at an important stage in its development."
Rajeeb Dey MBE, Founder and CEO of Learnerbly, commented:
"Businesses are struggling to navigate the new normal of hybrid and remote working and facilitating the personal and professional growth of employees has become even trickier.
Our approach at Learnerbly has always been one of empowering employees to own their development and as a result employers see a 3X increase in engagement in learning whilst minimising the administrative burden of having to manage relationships with multiple learning providers — saving time and money. Learnerbly streamlines learning in organisations enabling employees to access what they want to learn based on how they like to learn.
Our Series A funding will enable us to accelerate our growth and bring our novel approach to workplace learning to support employers in cultivating a culture of learning and supporting their upskilling efforts globally."
Digital Horizon recently launched its second venture fund with a target volume of $200 million. It will follow the same successful strategy as the first, with a multistage strategy and a focus on SaaS and fintech companies.
About Digital Horizon
Digital Horizon is an international investment company that runs a venture fund and a venture builder. Digital Horizon VC invests in startups with viable products and traction in fields like finance and enterprise software. Digital Horizon venture builder has built eight companies, among which are Factorin, the blockchain platform for trade finance, Aximetria, a cryptocurrency app with a Swiss license, open banking platform Apibank and, virtual marketer Max.
Learnerbly is a workplace learning platform supporting organisations ability to scale and compete through an attractive and effective Learning and Development offering that attracts, engages and retains top talent. Their marketplace of 250+ top learning providers upskills employees to give organisations a competitive edge while developing their people for the future.
Learnerbly serves businesses across more than 50 countries, making Learning and Development management seamless for People and Finance teams while creating genuine opportunities for growth and innovation in their people.
For more information head to www.learnerbly.com