Learnster, a Stockholm-based learning platform, has raised SEK 31M (€2.69M) to expand its presence in the edtech sector and enhance its global footprint. The funding will support the development of its Learning Management System (LMS) products, focusing on AI integration, and facilitate its international growth strategy. The investment round was led by Tom Nyman Holding, with participation from Söderberg & Partners and Subvenio Invest. Tom Nyman has also been appointed as chairman, reinforcing the company’s leadership team.
In the past, Learnster has achieved significant growth through its innovative solutions in the learning management space. The company has consistently focused on expanding its capabilities and improving user experiences. This recent funding follows a trend of previous investments aimed at bolstering its technological infrastructure and market reach. Historically, Learnster’s commitment to incorporating advanced technologies like AI has distinguished it from competitors. The new investment underscores the confidence investors have in the company’s strategic vision and technological advancements.
Strategic Leadership and Vision
Tom Nyman expressed his enthusiasm about leading the funding round, emphasizing the transformative potential of AI and new technologies in knowledge acquisition.
“I am delighted to be able to lead this funding round and really want to be involved in changing the way knowledge is acquired. I am convinced that individuals and organisations that use AI and new technology to constantly learn new things will be the winners of the future.”
Gustaf Rentzhog, CEO of Söderberg & Partners, also highlighted their ongoing support for Learnster’s growth and innovation efforts.
“We look forward to continuing to support Learnster in their impressive growth journey and innovation work. Their commitment to improving learning experiences fits perfectly with our own values and future visions.”
The strategic leadership changes aim to foster innovation and drive the company towards its ambitious goals.
Growth and Technological Integration
The newly acquired funds will be used primarily to further develop Learnster’s LMS products, emphasizing AI capabilities. The company plans to utilize these advancements to accelerate its international expansion efforts. Learnster’s CEO, Thomas Kraft, affirmed the importance of this investment in realizing their vision and strategy.
“This investment is proof of the confidence in our vision and strategy,” says Thomas Kraft. “My focus is always the customer’s best interest and with the help of this financing we will be able to deliver even greater value to customers and partners.”
Moreover, Learnster has experienced steady ARR growth over the years, achieving an average annual growth rate of 55%, with projections to reach SEK 100M in ARR by 2025.
Founded in 2017, Learnster offers modern learning platforms, including Learnster LMS and Learnster AI. These solutions improve communication and information sharing within organizations and provide constantly updated tools for individual learning. Boasting a Net Promoter Score (NPS) of 76, Learnster supports over 300,000 users across 30 countries and 13 languages. This widespread adoption highlights the platform’s effectiveness in streamlining learning and knowledge sharing.
The recent funding round reflects a growing confidence in Learnster’s ability to innovate and meet the evolving needs of the edtech sector. The company’s focus on integrating advanced technologies, such as AI, into its learning management solutions is likely to drive its future growth. By enhancing its products and expanding globally, Learnster aims to offer even greater value to its users and partners. The strategic leadership changes and substantial financial backing position Learnster well for achieving its ambitious growth targets.
