Esme Learning Solutions Secures $7.5 Million in Series A Funding
BOSTON, MA / ACCESSWIRE / January 26, 2021 / Esme Learning Solutions, a leading digital learning platform, today announced the close of a $7.5 million Series A financing round led by Adit Ventures, a venture capital firm with a technology thematic investment focus. The funds will support company growth across all facets of its operations, from headcount to course offerings. The new funding will also be dedicated to further developing Esme Learning s course methodology and core artificial intelligence technology, which includes developing more tools underpinned by AI to reinvent remote learning for increased student engagement and success.
Edtech start-up Esme Learning Solutions raises $7.5m
The start-up will use the Series A funding to support growth across all facets of its operations, from headcount to course offerings.
Digital learning platform Esme Learning Solutions has closed a $7.5m Series A funding round, led by Adit Ventures.
The edtech company was founded in 2019 by Beth Porter, formerly of edX and Pearson Education, and David Shrier, who has worked at University of Oxford, MIT and Imperial College Business School.
As digital transformation continues to accelerate, the need to for professionals to upskill will become critical. Esme Learning Solutions uses an AI-enabled digital learning system and leverages dozens of lessons from cognitive and neuroscience to deliver online course offerings.
The demand for innovative digital learning technology has never been higher. And investment continues to flow into the edtech space. But companies looking to differentiate themselves in this increasingly competitive sector have to bring something new to the table.
Esme Learning Solutions is banking on artificial intelligence (AI), collaborative learning experiences and relationships with some of the biggest universities in the world to set them apart from the crowd. The Boston-based company today announced the close of a $7.5 million Series A that will expand its range of intensive executive-level courses and digital learning tools.
âOur vision is to be the premier digital learning company for working professionals,â said co-founder and CEO, David Shrier.