Leemons, a SaaS platform for data-driven learning, has recently raised $1.63 million (€1.5 million) in a funding round led by Swanlaab Venture Factory, Ship2b Ventures, Mexico’s Stella Maris Partners, business angels, and some previous investors, reaffirming their support for the startup that develops the LXP platform for universities, businesses, and schools. This new investment aims to consolidate the SaaS platform, implement a go-to-market strategy, and hire key business development personnel. This latest financial infusion marks the company’s third funding round.
Leemons, co-founded by Lula de León and Johan Sosa in 2021, originated to provide a global platform to schools hoping to digitize the learning experience and begin working with an advanced data model that allows instructors, students, and management to make evidence-based decisions. The Madrid-based company has been operating under a stealth approach to achieve rapid development while serving a rather saturated industry. The platform caters to the unique needs of each educational development. Using creative teaching methods like flipped classrooms, project-based learning, and design thinking, it easily integrates with existing systems such as Teams, Classroom, Zoom, Drive, and YouTube.
Speaking about the company, Co-founder of Leemons, Lula de León, said:
We sat at the top table with some of the most relevant VCs in Spain and Mexico; they saw the potential of Leemons to disrupt the sector and seize the moment.
In 2021, we launched the product in open source, and it has more than 14,000 downloads, of which approximately 10% have an active installation and are up and running.
The Leemons platform enables the digitization of training for universities and vocational training centres that implement online or blended programmes and corporate training in businesses. Without excluding people who work with face-to-face training, the firm emphasized that they are also willing to be a part of the day-to-day classroom in schools and other centres that provide face-to-face training.
Mark Kavelaars, Managing Partner of Swanlaab Venture Factory, stated:
From Swanlaab Tech Fund II, we expect to add to this investment from Leemons another 5 or 6 more representing €5-10 million during 2024.
Kavelaars further highlighted:
Leemons convinced us from the first day because of their human quality, technical quality and vision. They can be disruptive in a sector that has not evolved much, where technology is not yet a protagonist and where current solutions do not solve the problems of educators, trainers and their students in the learning process in an agile and effective way.
With this round, Leemons is focusing on expansion, with the aim of reaching out to other countries in Europe and the United Kingdom. In addition to operating the organization, this includes serving clients and adding essential members to the existing team.