Paris-based collaborative learning platform 360 Learning Softbank, raises 200 million from others

360 Learning, a Paris-based collaborative education platform, has announced that it has raised 200 200 million from Sumeru Equity Partners, Softbank Vision Fund 2 and Silver Lake Waterman.

The round was attended by existing investors including Bpifrance, XAnge and Educapital. The company has not released its latest valuation.

With this new capital, the company plans to hire more people and expand into the US market.

Founded in 2013 by Nick Hernandez, 360 Learning Executives provides the tools necessary to create unique learning experiences and share knowledge among teams. Students collaborate in social environments, participate in learning communities, and actively engage in bite-sized, fun content.

With the 360 ​​Learning Engagement Platform, everyone can create a course, make it engaging, and share it with their learning community.

More than 1,500 global 360 corporate customers, including LVMH, Aircall, Toyota and Appen, are reshaping their learning cultures by learning combined learning with AI and data instead of top-down thinking. 360 learning courses achieve an average 95 percent relevance score and provide learners with exciting, evolving and always up-to-date learning experiences. The company takes advantage of AI to analyze important data set records collected from collaborative learning interactions and combines them with student feedback to ensure a custom-built, up-to-date and fast curriculum.

Commenting on funds, Nick Hernandez, founder and CEO of 360 LearningSaid

“Our commitment statistics show that with the right teaching methods and technology, L&D becomes a driver of growth. Students take control of their own learning and their companies thrive and lead new hybrid work environments. We are delighted to welcome a bright one. The set will help us make a transformative progress in the education market. “

Over the past few years, 360Learning has actively invested in education reform. The company is working to revolutionize the company’s approach to learning and development, making it up-and-down rather than top-down, and incorporating this into the company’s culture.

Responding to the latest fundraising, Sumeru Equity Partners said in a press statement, “We are thrilled to be partnering with Nick, the management team and a massive investor group as 360Learning illuminates the limitless possibilities of collaborative learning in the next era of corporate education.”

360 Learning plans to employ more than 500 people by the end of next year. The company plans to expand abroad to regions such as North America, Asia, Europe and South America.

In 2019, 360Learning received $ 41 million from Bpifrance, Hi Inov – Dentressangle, XAnge, Educapital and ISAI as part of its Series B funding. The startup’s latest funding has raised its total to $ 240 million (approximately 20 6,206 million).

About the author

Author: Shalini Pathak

Shalini Pathak is a Staff Writer at EdTechReview (ETR) – India’s leading edtech media and community. She has four years of experience in the media, covering various beats. Like all writers, she is first and foremost an avid reader with a passion for creating box outs and the ability to write on any topic. As part of the ETR team, it will include the latest in the Adtech industry.

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