# Tovuti, LLC.

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

- Industry: Education/Training
- Headquarters: Eagle, US
- Website: www.tovutilms.com
- Total disclosed funding: $8M
- Latest round: Series A (Jun 26, 2021)
- Investors on record: 2

## About

Tovuti, LLC. is a US-based company specializing in providing a comprehensive learning management system that facilitates the creation, delivery, and analysis of training programs across various industries.Founded in 2017 and headquartered in Eagle, US, Tovuti, LLC. operates a Learning Management System designed for training management. The company successfully raised USD 8 mn in Series A funding in June 2021, co-led by Blueprint Equity and ScOp Venture Capital LLC. The CEO, Troy Mcclain, has a history of leadership in innovative education technology sectors.Tovuti LMS offers an extensive learning management platform equipped with robust course creation tools, including AI-driven capabilities for quick course generation with interactive elements. The system promotes engagement through gamified content and personalized learning paths, serving clients in healthcare, manufacturing, nonprofit, and software development industries. Their products are marketed in North America, Europe, and select regions in Asia, catering to both corporate and educational training needs.Tovuti LMS generates revenue through subscription-based models, offering annual or monthly access to its tools for training management. Their pricing structure includes tiered options to meet diverse organizational requirements, integrating flagship services like course authoring and analytics. Partnerships with various sectors enhance the firm’s revenue through tailored training solutions, designed for business-to-business engagement.Following the Series A funding of USD 8 mn raised in June 2021, Tovuti, LLC. plans to expand its engineering, development, and client support teams. The company aims to introduce new product features and enhancements in the upcoming quarters and explore market opportunities in regions beyond its current focus. This strategic investment will support their initiatives to improve their platform’s offerings and broaden their market reach.

## Funding rounds

- Series A, Jun 26, 2021, $8M — Blueprint Equity, ScOp Venture Capital

## Investors

- Blueprint Equity (https://capitalatlas.ai/funds/blueprint-equity) — Series A
- ScOp Venture Capital (https://capitalatlas.ai/funds/scop-venture-capital) — Series A