Esme Learning Solutions, a leading digital learning platform, today announced the close of a $7.5 million Series A financing round led by Adit Ventures, a venture capital firm with a technology thematic investment focus.
“Digital learning is growing at a rapid rate – 400% faster than the general education market – and the growth has only accelerated during the pandemic. Now, there’s a sense of urgency to improve the effectiveness of online learning. With specialized AI, online learning can be highly customized and personalized. Esme Learning uses new kinds of AI systems to deliver tangible career impact, helping universities, corporations, and governments foster the workforce of the future,” said David Shrier, co-founder and managing director of Esme Learning Solutions.
The funds will support company growth across all facets of its operations, from headcount to course offerings. The new funding will also be dedicated to further developing Esme Learning’s course methodology and core artificial intelligence technology, which includes developing more tools underpinned by AI to reinvent remote learning for increased student engagement and success.