# LearnPlatform

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/learnplatform

- Industry: Software
- Headquarters: Raleigh, US
- Website: www.learnplatform.com
- Total disclosed funding: $4M
- Latest round: Series A (Jan 26, 2018)
- Investors on record: 8

## About

LearnPlatform, Inc. is a technology company specializing in the management and optimization of educational technology resources for K-12 schools, enhancing compliance and data-driven decision-making in education.LearnPlatform, Inc. was founded in 2014 and is headquartered in Raleigh, US. The company focuses on improving educational technology management for K-12 institutions. Karl Rectanus serves as both the CEO and founder. In December 2022, LearnPlatform was acquired by Instructure Holdings, Inc. for an undisclosed sum, marking a significant step in its growth strategy. The company has completed 5 deals, with its most recent funding round being in December 2022, raising USD 2.00 mn, which is also its total amount raised.LearnPlatform by Instructure is a comprehensive technology platform designed to enhance the management and effectiveness of educational technology (edtech) in K-12 schools. The platform provides tools that enable schools to evaluate, manage, and optimize their edtech usage, ensuring compliance with privacy standards and facilitating data-driven decision-making. Key features include centralized product evaluations, streamlined communication with providers, and AI-powered insights that deliver actionable information regarding the impact of educational tools. The end users of LearnPlatform are primarily educators, students, and administrative staff from K-12 institutions across various geographical markets, including the United States, Canada, and parts of Europe.LearnPlatform's revenue model is primarily based on subscription services, where educational institutions pay for access to their suite of tools and analytics. This involves a yearly subscription fee that provides clients with the ability to utilize various features, including data insights, product vetting processes, and usage tracking capabilities. The transactions occur directly between LearnPlatform and educational institutions, establishing a B2B model focused on enhancing operational functionalities for schools. Clients benefit from tailored pricing plans based on the specific needs and size of their institutions, allowing for flexibility in product and service deployment.Following the acquisition by Instructure Holdings, Inc. in December 2022, LearnPlatform aims to enhance its offerings by integrating evidence-based insights into inventory, compliance, procurement, and usage, thereby accelerating its impact on educational institutions. The company is focused on expanding its market reach, emphasizing further growth within the United States and exploring opportunities in Canada and parts of Europe to enhance educational outcomes. Recent funding will support these initiatives by facilitating the development of new features and expansion into targeted markets.

## Funding rounds

- Series A, Jan 26, 2018, $3.2M — New Markets Venture Partners, Emerson Collective
- Seed, Jul 30, 2015, $0.8M — AT&T Inc., Techstars, Kaplan Ventures, Inception Micro Angel Fund, Edovate Capital
- Seed, Jul 24, 2014, $0M — Techstars, Kaplan EdTech

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Kaplan EdTech — Seed
- AT&T Inc. — Seed
- Kaplan Ventures (https://capitalatlas.ai/funds/kaplan-ventures) — Seed
- Inception Micro Angel Fund — Seed
- Edovate Capital (https://capitalatlas.ai/funds/edovate-capital) — Seed
- New Markets Venture Partners (https://capitalatlas.ai/funds/new-markets-venture-partners) — Series A
- Emerson Collective — Series A