HowNow, an AI-powered learning and skills platform, has extended its Series A funding round to £7.5m.
Following an initial £4m Series A investment from Mercia Ventures and FTSE 100 education firm Pearson in February 2023, HowNow recently secured a further £3.5m from the same two investors, along with Fuel Ventures.
Its total funding to date sits at almost £11m.
Headquartered in London, HowNow serves customers in more than 30 countries and is gaining rapid market share for its innovative approach to skills-first learning.
The company maps skills gaps to contextualised learning opportunities ‘in the moment’ and says it is creating traction with progressive mid-market and enterprise organisations.
It recently introduced HowNow AI, a suite of advanced AI agents that enable customers to map and measure skills, identify gaps and connect employees with the most relevant learning opportunities.
HowNow’s revenue has increased by more than 350% over the past two years. Recent customer wins include notable brands such as TomTom, MoneyBox, Bausch & Lomb, UKTV and Good Energy, as well as partnering with Pearson to deliver the UK Government’s Learning and Skills Platform.
“With this funding, we’re not just doubling down on our commitment to upskill 10m people by 2030 – we’re making it happen,” said Nelson Sivalingam, co-founder & CEO.
“Learning isn’t about endless courses and hours logged; it is about the progress you can see, the skills you can use, and the growth you can measure. We’re here to change the way the world learns – connecting the dots between learning, skills, and real impact for people and organisations alike.”
Having more than doubled its workforce over the past 12 months, HowNow employs 75 people across its London and Mumbai offices.
The firm offers full integration with leading HR technology providers including HiBob, Lattice, Workday and Personio, and recently went live with Credly, the world’s largest skill verification and digital credentialing network.