# LearnWorlds

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

- Industry: Education/Training
- Headquarters: Limassol, Cyprus
- Website: www.learnworlds.com
- Total disclosed funding: $1.1M
- Latest round: Seed (Jul 23, 2019)
- Investors on record: 1

## About

LearnWorlds Ltd. is an innovative provider of an AI-powered Learning Management System (LMS) that empowers course creators and educational institutions to develop and manage online education effectively.LearnWorlds Ltd. specializes in creating a Learning Management System that allows users to build and sell online courses. The company was founded in 2014 and is headquartered in Limassol, Cyprus. The founder, Fanis Despotakis, has a background in technology and entrepreneurship. LearnWorlds has successfully raised USD 32.00 mn in its most recent funding round in July 2021, led by Insight Partners with participation from Marathon Venture Capital. The total amount raised by the company stands at USD 32.00 mn across 2 deals.LearnWorlds offers a comprehensive, AI-powered Learning Management System designed for course creators and educational institutions. The platform includes features such as course creation tools, interactive video capabilities, assessment builders, and analytics reporting, which enhance the online learning experience for a diverse clientele, including independent course creators and enterprises in sectors like fitness and healthcare.In the fiscal year 2021, LearnWorlds reported a revenue of USD 6,136,195.50 and an EBITDA of USD 1,326,904.90, reflecting the company's successful engagement in the online education market.Following its growth capital funding of USD 32.00 mn in July 2021, LearnWorlds plans to utilize these resources to advance its product roadmap, enhance customer success initiatives, and accelerate its marketing and sales efforts, particularly targeting small and medium-sized businesses (SMBs). The company aims to expand into new geographical regions, although specific markets for this expansion have not been disclosed. LearnWorlds is actively working on new product features, with detailed timelines yet to be announced.

## Funding rounds

- Seed, Jul 23, 2019, $1.1M — Marathon Venture Capital

## Investors

- Marathon Venture Capital (https://capitalatlas.ai/funds/marathon-venture-capital) — Seed
