Learning platform HowNow has raised more than $3m in funding, following the close of its pre-series A funding round.
Founded by serial entrepreneur Nelson Sivalingam and co-founders Kuvera Sivalingam and Ashish Kumar in 2016, HowNow is an integrated learning platform that autonomously curates learning resources, business intelligence and market insights.
It does this by pulling through content from different internal and external sources, and makes it available everywhere employees work.
The AI-powered learning platform is used by SMEs and large Corporates during employee onboarding and training.
Its invesstors now include the likes of Mark Pearson, founder of MyVoucherCodes); Andy Murray OBE; Michael Whitfield and Chris Bruce, the founders of Thomsons Online Benefits), and Bernie Sinniah, the former managing director at Citi Bank.
The firm said the tech-enabled platform is designed to help businesses create a learning culture by embedding learning into existing workflows with a browser extension as we as integrations with the likes of popular apps Slack, Salesforce, Hubspot.
“On a macro level, not addressing the skills gaps fuelled by advances in technology and longer life expectancy will result in a growing segment of economically and socially Irrelevant people,” said Nelson Sivalingam, founder and CEO of HowNow.
“For businesses this translates into a gap in performance potential and the risk of staying relevant in a competitive market. Companies need to invest in building a continuous learning culture to futureproof their workforce.”
Michael Whitfield, an investor in HowNow, adds: “All through my career in HR Technology, employers have complained about the lack of software to join up, drive and measure their investments into learning managing systems.”