Paris-based workforce engagement platform 360Learning allows leaders and learners to connect and collaborate. The startup aims to become the “Instagram of learning” – on its platform, anyone can create a course, make it look compelling, and share it with their communities of learners.
Founded in 2013, 360Learning has just raised €36.5 million in a Series B investment round from Bpifrance, Hi Inov – Dentressangle, XAnge, Educapital, and ISAI.
The platform promises to detect, reward and transform 5% of an organisation’s employees into leaders. It provides executives with the tools to deliver a decentralised model of course creation. Learners collaborate in social environments, participate in learning communities, and are actively engaged in the content, because it’s bite-size, collaborative, and fun.
“As we spend more time online, organizations are recognizing the power of collaborative learning. In fact, 75% of learners say collaboration is the most important way they learn,” said Josh Bersin, global industry analyst and founder of Bersin by Deloitte. “360Learning is a pioneering platform that delivers collaborative learning in a unique way and helps L&D teams embed collaboration into the flow of work.”
The startup has a growing base of 150 employees and serves more than 1,200 enterprises across 160 countries. It will use the new capital to consolidate its leadership position in France, while pursuing its growth strategy in the UK and North America, with new offices in New York and London. 360Learning also plans to acclerate product innovation, doubling the size of its current research and development investments.
“We’re in an aggressive market expansion phase, fueled by growing global demand for 360Learning solutions,” said 360Learning CEO Nicolas Hernandez. “Today’s financing accelerates 360Learning’s ability to carry out that growth strategy into major markets in the US and UK. Our focus remains on innovative learning and development (L&D) solutions, best-in-class customer experiences, and world-class leadership.”