360Learning Raises $200 Million for Corporate Learning Platform

360Learning Secures $200 Million in Funding

360Learning has successfully completed a $200 million funding round. Investors include Sumeru, SoftBank’s Vision Fund 2, and Silver Lake Waterman.

The startup’s name accurately reflects its core function. 360Learning provides a platform designed to facilitate peer-to-peer learning.

Platform Features and Capabilities

Existing investors, such as Bpifrance’s Large Venture fund, XAnge, and Educapital, also contributed to this funding round.

The platform empowers users to create and share courses with colleagues easily. Content creation is flexible, allowing for the integration of diverse media formats.

Teams can collaborate on course development, capturing video content and incorporating interactive elements. Questions can be added, and feedback provided when incorrect answers are selected.

Users can also upload existing files and embed videos from platforms like YouTube. The interface is designed for accessibility, requiring no specialized e-learning expertise.

Course Management and Distribution

Over time, organizations can build a comprehensive library of courses. These resources are valuable for onboarding new hires.

The platform also supports internal mobility, offering employees opportunities for skill development and career advancement within the company.

Courses can be distributed to all employees or targeted to specific groups. Administrators can monitor completion rates and gather feedback to assess the effectiveness of training programs.

AI-Powered Enhancements

360Learning leverages artificial intelligence to identify areas for course improvement. The AI can detect gaps in information and suggest enhancements.

Furthermore, the system assists in matching employees with the most relevant courses based on their needs and roles.

Current Usage and Future Plans

Currently, over 1,500 companies utilize 360Learning. Notable clients include LVMH, Aircall, Toyota, and Appen.

The platform is used for a variety of purposes, including employee onboarding, software training, and skill development in areas like sales, leadership, and general soft skills.

This funding round represents a substantial increase from the company’s previous $40 million in funding. The company intends to use the capital to expand its team, enter new markets, and pursue strategic acquisitions.