Lessonly

Training software for corporate team development

Indianapolis, Indiana, United States

About Lessonly

Lessonly provides training software that enhances team learning and performance for businesses. Its platform allows teams to learn and practice essential skills, particularly in customer service, sales, and learning and development departments. Companies can create, distribute, and track training materials, ensuring employees are well-prepared. Lessonly operates on a Software-as-a-Service (SaaS) model, where clients subscribe to the software for a fee, generating recurring revenue. A key differentiator for Lessonly is its focus on feedback and continuous improvement, making it a reliable partner for businesses aiming to enhance their training programs. The goal of Lessonly is to help organizations improve team performance through effective learning.

Indianapolis, IndianaHeadquarters
2018Year Founded
$28.3MTotal Funding
SERIES_CCompany Stage
Enterprise Software, EducationIndustries
51-200Employees

Benefits

Generous paid parental leave - Paid time off for moms and dads to spend time bonding with their new bundle of joy.
End-of-year paid recharge week - Our global offices shut down, allowing us all to unwind while we gear up for the new year ahead.
High performance bonus incentives - Employees are rewarded on a semi-annual basis for their awesome contributions to Seismic.
Global company meet-ups - An annual meet-up in sunny San Diego for a week of bonding, learning, and fun.

Risks

Integration challenges with Seismic's systems could lead to inefficiencies.
Brand confusion may arise from the rebranding of Obie as Lessonly Knowledge.
Intensifying competition in the corporate training software market poses a threat.

Differentiation

Lessonly offers a user-friendly platform for team learning and skill practice.
The company emphasizes feedback and continuous improvement in its training software.
Lessonly serves a diverse range of clients, from Fortune 100 to local businesses.

Upsides

Growing demand for microlearning modules aligns with Lessonly's platform capabilities.
Expansion of remote work policies increases demand for virtual training solutions.
Rising importance of soft skills training presents opportunities for specialized modules.

Funding

Total raised$28.31 M
Latest valuation$75.00 M
StageSERIES_C