EdTech companies are on the rise as organizations and professionals strive to obtain the skills necessary to succeed in a rapidly changing world. Lepaya, an Amsterdam-based corporate upskilling provider, recently raised $38 million in a funding round led by Endeit, with participation from Educapital, Mars Growth Capital, and Liquidity Capital, as well as existing investors Target Global and Mediahuis Ventures.
With the new funding, Lepaya will accelerate the development and commercialization of its AI-driven capability development platform. This platform has the potential to revolutionize how global organizations like ING, Dell, Maersk, KPMG Freudenberg, and 2,000 other clients identify, close, and track skills gaps.
René Janssen and Peter Kuperus founded Lepaya in 2018 with the mission to increase organizational productivity and promote overall corporate success by providing the correct training at the right time, focusing on the right skill. The firm focuses on increasing talent retention and productivity through a blend of online, offline, and virtual reality training. Additionally, Lepaya puts the learner at the center of their training strategy with the goal of increasing, pushing the boundaries, and enabling talent reskilling and upskilling.
Lepaya combines artificial and human intelligence to ensure employees develop the skills to be competent and productive in their everyday work. With this latest round of funding, Lepaya will invest in AI technologies such as AI-coach, which will tailor learning content to each learner’s context and career level. Further investments will be made to expand skill data analysis, allowing organizations and their leaders to gain deeper skill information at the corporate and industry levels.
EdTech companies like Lepaya, which are dedicated to upskilling and reskilling, are incredibly valuable for teachers. By providing students with the skills necessary to succeed in their work, teachers can help them lead happier lives and ignite businesses. As EdTech continues to evolve, teachers should stay up to date on the latest technologies available to ensure their students have the resources to acquire the skills they need.
