The corporate was declared one of many world’s main edtechs in 2024 by Time Journal.
Dublin-based edtech Learnosity has been acquired by US non-public fairness agency Leeds Fairness Companions for an undisclosed quantity.
Leeds Fairness’s acquisition of Learnosity builds on its area experience and funding monitor document in edtech software program and company coaching options, the corporate mentioned. Over the past three a long time, the agency has invested in a number of associated companies, together with Archer Assessment, a supplier of medical and nursing training; Edcentric, a US-based SaaS supplier for greater training institutes; and Huge Blue Marble Academy, a supplier of early childhood training within the US.
Learnosity, co-founded by Gavin Cooney and Mark Lynch in 2007, is a supplier of digital evaluation infrastructure to studying organisations, from colleges and better training to company settings. The corporate’s software program permits customers to construct assessments and administer them, whereas additionally providing a collection of AI-enabled authoring, grading and compliance options.
“We based Learnosity with the idea that training is the one most vital funding that we are able to make in our futures. This ethos stays core to the work that we do, and we have now discovered a like-minded and world-class associate in Leeds Fairness,” mentioned Cooney.
“Their expertise and monitor document of efficiently constructing training and vertical software software program companies can be pivotal in persevering with to steward our shoppers’ training, know-how and certification wants, and powering the corporate’s subsequent stage of progress.”
“The digital evaluation panorama is quickly evolving to deal with new and numerous studying, abilities measurement and accessibility wants,” mentioned David Neverson, the managing director at Leeds Fairness.
“Learnosity’s main evaluation know-how permits organisations to satisfy the calls for of recent training and coaching, offering learners with improved instruction and entry. We stay up for partnering with Gavin and his and group and serving to them advance their shoppers’ digital evaluation capabilities.”
In 2024, Learnosity was ranked at sixteenth in a Time Journal record on the world’s prime 250 edtech corporations primarily based on monetary energy and business affect. It was the one Irish firm to make it on the record.
Additionally final 12 months, the corporate launched a brand new AI Labs Initiative geared toward driving innovation within the house, saying 20 R&D roles in consequence.
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