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Reading: Enterprise Learning Management System Intellum Raises $25M in Growth Funding
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Home > News > Enterprise Learning Management System Intellum Raises $25M in Growth Funding
News

Enterprise Learning Management System Intellum Raises $25M in Growth Funding

Shalini Pathak Published Aug 3, 2023
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Enterprise Learning Management System Intellum Raises $25m in Growth Funding
Enterprise Learning Management System Intellum Raises $25M in Growth Funding
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Intellum, a leading enterprise learning management system (“LMS”), has announced that it has raised $25 million in a minority growth investment from Guidepost Growth Equity. With this funding, the company will accelerate product development, go-to-market, and key hiring initiatives and enhance its ability to deliver a new product targeting the two most significant challenges facing business education initiatives today: scaled content and engagement.

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Headquartered in Atlanta, Georgia, Intellum provides the corporate education platform that large brands and fast-moving companies rely on to improve product utilization, customer retention, and revenue. The Intellum Platform includes all the tools an organization needs to create, manage, track and continuously improve highly personalized, engaging educational experiences.

Sharing about the company, Co-founder & CEO of Intellum, Chip Ramsey, said:

Intellum’s advanced education technology powers the world’s largest and most successful learning initiatives. From our vantage point, we see that every organization, large and small, faces the same two challenges: creating and managing content at scale and driving the engagement that leads to real business results. After forging our path for years, we finally found a true partner in Guidepost who shares our vision for Intellum’s future. With Guidepost’s support and rapid technology advancements like generative AI, long-held concepts have been made possible, paving the way for Intellum to introduce a new class of products that redefines how companies engage and educate their audiences.

Through its Gartner-recognized, award-winning LMS, Intellum helps the world’s leading brands across diverse industries, including technology, retail, manufacturing, healthcare, and financial services, significantly improve business outcomes by educating their customers, partners, and employees. To do so, clients combine formalized education curricula with informal and just-in-time learning through community, knowledge base, chat, on-demand video, live events, and certifications deployed and managed on the Intellum LMS.

The firm can uniquely address employee, customer, and partner education at scale within a unified environment, supporting the creation, delivery, management, and optimization of learning programs for sales enablement, customer support, customer success, marketing, product training, and compliance functions.

Gene Nogi, Guidepost General Partner, commented:

Intellum has revolutionized corporate education, helping the world’s largest and most sophisticated companies better engage and educate internal and external audiences, including customers, partners, and employees. They are poised to enhance their leadership position. As an entrepreneur-led, capital-efficient, rapidly growing, and highly differentiated technology business operating within a large, dynamic market, Intellum embodies everything we seek in a partner. We are thrilled to join forces with Intellum on this exciting journey as they advance the corporate education industry.

Intellum was advised on the investment by Lincoln International, Morris, Manning & Martin, LLP, and Taft Law as part of the transaction. Guidepost was advised by Choate Hall & Stewart LLP.

Boston-based Guidepost partners with entrepreneur-led application and infrastructure software and tech-enabled and data services companies. The company has over $1.6 billion of capital under management.

TAGGED: EdTech Funding, EdTech Investors, EdTech Startups/Companies, Enterprise Learning, Hiring, Learning Management System, Online Courses, Online Education
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By Shalini Pathak
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Shalini Pathak is a Staff Writer at EdTechReview (ETR) - India's leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she's an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.
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