D2L

Online learning platform for education sectors

Kitchener, Ontario, Canada

About D2L

D2L specializes in online teaching and learning solutions, primarily through its Brightspace Learning Management System (LMS). This platform is designed to enhance the delivery of education across various sectors, including K-12 schools, higher education institutions, and corporate organizations, with over 15 million users worldwide. Brightspace offers features such as course management, performance tracking, and tools for student engagement, all accessible through a subscription-based model. Clients pay a recurring fee to utilize the platform, with options for additional services to customize their learning environments. D2L differentiates itself in the educational technology (EdTech) sector by focusing on continuous updates and improvements to its platform, ensuring that clients receive ongoing value. The company's goal is to transform education through technology, making learning more effective and accessible.

Kitchener, CanadaHeadquarters
1999Year Founded
$163.9MTotal Funding
IPOCompany Stage
EducationIndustries
1,001-5,000Employees

Benefits

Flexible Work Hours
Tuition Reimbursement
Paid Vacation
Mental Health Support
401(k) Retirement Plan
Paid Volunteer Days
Phone/Internet Stipend
Wellness Program

Risks

Emerging EdTech startups may erode D2L's market share.
Rapid tech advancements could outpace D2L's integration capabilities.
Data privacy concerns may increase operational costs for D2L.

Differentiation

D2L's Brightspace ranked first for usability and innovation in 2024 StarChart.
D2L acquired H5P to enhance interactive content creation capabilities.
D2L's Accessibility Bundle supports diverse learners with AI-powered tools.

Upsides

D2L's AI package, Lumi, enhances learning personalization and efficiency.
Partnerships with ReadSpeaker and YuJa improve Brightspace's accessibility features.
Growing demand for personalized learning boosts D2L's market potential.

Funding

Total raised$163.90 M
Latest valuation$425.00 M
StageIPO
IPO
10/31/2021
$150
$85
$425.00 M
GRANT
9/30/2012
$4
$80
$400.00 M