LMS365 Raises $20M in Growth Funding

LMS365 an Aarhus, Denmark-based provider of a learning management system, raised $20M in Growth funding.

The round was led by Blue Cloud Ventures with participation from Kamet Capital and existing investors. As part of the funding, Mir Arif and Eric Guardiola of Blue Cloud Ventures will be joining the LMS365 board and Victor Yaw will be joining as a board observer.

The company intends to use the funds to further its continued global expansion.

Led by CEO Rasmus Holst, and Chief Strategy Officer Henrik Jeberg, LMS365 provides an integrated learning platform in Microsoft 365 & Teams that helps organizations to access at the digital workplace. With millions of users in 60+ countries, LMS365 enables some of the world’s leading organizations to effectively manage employee learning and training.

The company plans to continue growing geographically after expanding its market access through the acquisition of distribution partners in the United States, Germany and Australia. By focusing on adjacencies, LMS365 aims to offer additional functionality to customers and users.

The company has offices in Europe, Australia, and the US.

FinSMEs

17/04/2023