Sunlight Closes £500K Seed Funding Round

Sunlight, a London, UK-based learning and development platform for businesses looking to develop the talent within their teams, closed a £500k seed funding round.

Backers included Speedinvest, Seedcamp and Annection and a group of angel investors such as Charles Wiles and X.

The company, which has raised £600K in total funding, including prior investment from Seedcamp and Annection, who have reinvested, Techstars and a previous loan from Virgin Startup, intends to use the capital for further expansion into new territories and sectors, growth of the team, and development of the offering.

Founded in 2016 by brothers Carlos and Juan Lagrange, Sunlight enables employers to create an engaging learning culture at work by empowering their staff to take ownership of their professional development. Through the platform, employers can control how much each team member is allowed to spend across the year, approve requests from their employees on everything from books to courses and events, and only get charged for what they use, in one monthly invoice.
The company is also able to use data from the platform to spot trends, suggest new courses, and flag when someone is looking at learning tools outside of their current job description.

The platform include features for staff to benefit from curated lists of books, courses and any type of learning resources, created by people inside their company or the Sunlight community, control how the budget can be spent per group, defining rules and approval flows for price limits, types of learning resources and more, order anything outside of the Sunlight marketplace or ask for recommendations through its friendly concierge and access to a list of third party HR platforms and tools.
Current customers of the Sunlight platform include Wonderbly, Skimlinks, TypeForm, Performance Horizon Group and The Girl Effect.



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