$56m Equity Fundraising for LearnUpon Ltd. from Summit Partners
LearnUpon Ltd. is a cloud-based, SaaS platform, that enables organisations to manage and track learning goals across employee development, customer onboarding and more.
Organisations can use LearnUpon’s LMS platform to manage, track and achieve learning goals, as well as employee development, customer onboarding, partner education and compliance training.
LearnUpon currently employs 180 people across its offices in Dublin, Philadelphia, Sydney and Belgrade and has more than 1,000 customers, including Twilio, USA Football, Zendesk and Booking.com.
The Summit Partners funding will be used to boost hiring, meet customer demand and support the continued roll-out of its products.
“Deal execution matters. Pegasus had the experience we were looking for when it came to closing LearnUpon’s first major funding round. Their hands-on approach minimised our workload and maximised management impact throughout the deal. Mark, David and team were on hand whenever we needed them and helped the process run smoothly from start to finish.”
Brendan Noud
CEO & Founder LearnUpon
Year: 2020
Sector: Technology
Terms: USD 56,000,000
