OpenView Invests in Lesson.ly to Fuel Growth of Its Employee Learning Automation Software
Today we are very pleased to announce our investment in Lesson.ly, the leading provider of learning automation software. This investment marks our strong belief in the growing need for learning products like those the company provides. To date, Lesson.ly serves more than 250 customers and 200,000 employees across brands including Intuit Workforce, Trunk Club, Gusto, Thumbtack, NBC News and MSNBC.
Lesson.ly’s software plays a crucial part in the centralization and dissemination of “tribal knowledge” employees accrue and depend on over the course of their careers. Lesson.ly turns this knowledge and other vital information — like product overviews and workplace training — into bite-size courses. Quizzes and feedback loops built into the software measure engagement and promote retention. And, unlike traditional learning software, Lesson.ly’s easy-to-use platform does not require a dedicated learning or development department to create lessons. In fact, more than 80% of all lessons are created by employees without backgrounds in learning and / or development.
By 2020, the global corporate eLearning market is expected to reach more than $31 billion. Lesson.ly is well-positioned to own this growing market and we couldn’t be more excited to see what Max Yoder and the entire team are able to accomplish next.
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