HowNow, a London-based learning experience platform (LXP) that helps companies onboard, upskill and support employees faster everywhere they work, announced recently that it has raised £4m in its Series A funding round. The backers included Mercia Asset Management and Pearson.
HowNow has raised a total of $9.3M in funding over 3 rounds. Their latest funding was raised on Feb 6, 2023 from a Series A round.
According to HowNow, the fresh capital will be used for further international expansion, growth of the team, and development of features that scale knowledge sharing, make it easier to measure impact and connect learning and skills into the overall employee experience.
Founded in 2016 by Kuvera Sivalingam, Nelson Sivalingam, HowNow provides a learning experience platform for organisations to engage, retain and develop their best people, connecting every employee with learning opportunities, skills and knowledge in the flow of work.
HowNow claims that it has been used by over 100 organisations in over 150 countries worldwide including Depop, Vanmoof, Permutive, Checkout.com, Mercer, Telenor, Sanofi and Investec.
Its live online video classes mean that teachers and students can interact with one another as if they were in the same room. The company has more than 400 experts teaching in 33 countries.