LearnWorlds Raises $32M in Funding

LearnWorlds, a Limassol, Cyprus- and Chania, Greece-based platform for creating and selling online courses, raises $32M in funding.

Global venture capital and private equity firm Insight Partners made the minority investment.

The company intends to use the funds to advance its product roadmap, boost its customer success and accelerate marketing and sales focused on SMBs.

Led by CEO Panos Siozos, LearnWorlds is a cloud-based, no-code, white-label platform for creating and selling online courses. More than 4300 professional trainers, training organizations and corporations, in more than 120 countries, use the platform to sell online courses, train employees and associates, and educate their customers.

The company plans to more than double its staff from 80 to 170 full-time employees in the next year, expanding the team internationally, beyond its current headquarters in Greece and Cyprus.