E-learning: Lecturio is profitable and plans expansion

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Lecturio, an e-learning startup which is based in Leipzig (Germany), has recently announced that it is profitable since the beginning of this year and now planning an international expansion. It’s not disclosed yet which additional markets are going to be entered. Right now, the platform is only available for German speaking users.

Lecturio was founded in 2009 by Tim Koschella (who left the company in the meantime) and Martin Schlichte. The young company created an online knowledge platform which provides the opportunity to share educational content. Using the Lecturio knowledge platform, companies and academics are able to digitize staff training and seminars. Lecturio provides individual platforms for businesses and for topics like law, medicine and economics. The startup has already over 3,000 educational presentations and a total of over 180,000 minutes of video-content on its platform. Lecturio has recently launched a mobile version of its e-learning platform and an app for smartphones.

The Leipzig based startup, which employes about 20 people right now, is currently talking to potential investors for a further round of funding. A new financing round would help Lecturio to internationalize and grow even faster.