Lesson.ly Closes $1.1M Funding

lesson.lyLesson.ly, an Indianapolis, IN-based training software company, closed $1.1m in funding.

The round was led by Allos Ventures, with participation from Peter McCormick and Scott Dorsey, who joined previous investor Chris Baggott.

The company intends to use the funds to further accelerate customer acquisition and product development.

Led by CEO and co-founder Max Yoder, Lesson.ly provides businesses with a corporate training application featuring onboarding and training tools.
It serves nearly 100 customers including Lyft, Angies list, and ModCloth. According to a note, revenue for the company has increased 25% month-over-month for the past 9 months.

FinSMEs

11/01/2015

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