Continuous, the World’s First Learning Amplification Platform™, Secures $13.5M in Funding

Content of the article

NEW YORK, Jan. 31, 2022 (GLOBE NEWSWIRE) — Continu.com, the world’s first Learning Amplification Platform™, announced the closing of a $13.5 million Series A investment led by Five Elms Capital, with participation from existing investors Reformation Partners and Geoffrey T. Barker, President of Smartsheet.

Continu plans to leverage this investment to expand its vision to reinvent the future of workplace learning by adapting its product offerings and expanding its global team.

Advertising

Content of the article

With the growing need for workplace learning, Continu is committed to innovating and transforming the way companies train and develop their teams, customers and partners. Continu’s modern Learning Amplification Platform™ empowers teams of all sizes to create a culture of learning, create content, integrate with modern tools, measure training effectiveness, and adapt to any audience.

“As the war for talent intensifies, it has never been more important for companies to develop and grow their teams as well as help their customers. With this new funding round, we are delighted to bring Continued to even more organizations as we expand both our product offerings and our teams. We have always designed products centered on the needs of our customers and this new investment will allow us to act even more quickly to respond to their growing needs. said Scott Burgess, CEO of Continu.

Advertising

Content of the article

Some of the world’s best-known brands use Continu, including Slack, GoPro, Impossible Foods, OneMedical, Upwork, and many more. Continuous saw 200% year-over-year revenue growth and its team grew by more than 400% in 2021.

“Continuu’s impressive growth – both in terms of revenue and team members – speaks volumes about its mission-critical product solving real problems for its customers,” added Stephanie Schneider, partner at Five Elms. “We are thrilled to partner with Continu and double down on the company’s commitment to delivering a high-quality product to its customers while attracting and retaining top-in-class talent.”

“Continu is so compelling because it enables learning both inside and outside of an organization,” added David Rogg, Partner at Reformation Partners . “Large enterprises sign up with Continu for an internal use case and, thanks to the robustness of the software, quickly scale to make Continu the learning record system for external stakeholders as well. to Continue to reach a large population of end users, far beyond the four walls of their customers.

Advertising

Content of the article

As Continu looks to scale its team, the company is focused on keeping its culture at bay. “Given our mission to be the single source of truth for learning within organizations, Continu is dedicated to attracting and developing world-class talent and continuing to grow our winning, highly collaborative culture,” said Scott Burgess.

About Continue

Continuous is the first in the world Learning Amplification Platform ™ helping companies take workplace learning to the next level. As a software-as-a-service (SaaS) platform, Continu helps companies train internal and external users, automate learning, create content, and measure training in real time.

About five elms

Five Elms Capital is a leading growth investor in world-class software companies that users love. Five Elms provides capital and resources to help companies accelerate their growth and further solidify their role as industry leaders. Five Elms has offices in North America and Europe and invests in the best software platforms globally.

[email protected]

This content was posted through the press release distribution service on Newswire.com.

Advertising

comments

Postmedia is committed to maintaining a lively yet civil discussion forum and encourages all readers to share their views on our articles. Comments can take up to an hour to be moderated before appearing on the site. We ask that you keep your comments relevant and respectful. We have enabled email notifications. You will now receive an email if you receive a reply to your comment, if there is an update to a comment thread you follow, or if a user follows you comments. See our Community Guidelines for more information and details on how to adjust your email settings.