Learnster has acquired learning technology company Learnify Tools. Together with the customer relationships in Contento and InsureEd, the combined group strengthens its foothold in banking, finance and insurance, reaching a total of more than 600,000 users. The ambition is to become a clear challenger in digital competence and compliance training for these sectors.
The acquisition brings Learnify Tools' learning platform, authoring tools and customer base into Learnster. Learnify Tools has long held a strong position in digital learning for the financial sector, including through partnerships with Contento and InsureEd – two organizations with deep industry expertise in compliance, regulatory requirements and competence development across banking, finance and insurance.
Together, the combined group reaches more than 600,000 users across more than 300 organizations, with a particularly strong foothold in banking, finance and insurance. By combining Learnster's modern, AI-driven learning platform with the customer bases and content of Learnify Tools, Contento and InsureEd, the group is well positioned to become a clear challenger to established players in digital competence development for these sectors.
Beyond the core segment, Learnify Tools also remains available through reseller Learnify EdTech AB for customers in areas such as civil society, the public sector and non-profit organizations.
Learnster recently reached SEK 50 million in annual recurring revenue (ARR). In its next phase, the ambition is to significantly increase revenue through a combination of continued profitable growth and further acquisitions.
Per Brahm, CEO of Learnify Tools, will continue in an operational role during the integration phase to ensure a smooth transition for customers.
“The acquisition of Learnify Tools is a strategic move for Learnster. We are strengthening our position in a segment where the demands on security, scalability and regulatory compliance are high. Together with customers such as Contento and InsureEd, we can offer a more powerful end-to-end solution for competence development and compliance, while accelerating our AI and product development,” says Erik Almenberg, acting CEO of Learnster.
“Learnify Tools and Learnster complement each other well. By becoming part of Learnster, we can accelerate the development of our offering, especially within AI and modern learning experiences, while continuing to deliver the close customer focus that characterizes Learnify Tools. I look forward to taking the next step together with the Learnster team for the benefit of our customers,” says Per Brahm, CEO of Learnify Tools.
“The combination of Learnster and Learnify Tools together with Contento and InsureEd creates a unique position, particularly in banking, finance and insurance. Our view is that more industry players and adjacent companies are facing the challenges and opportunities that AI brings to B2B software. Learnster has a well-invested platform, a strong cash position and the ability to execute acquisitions quickly. We are convinced that Learnster will be the best home for further acquisition candidates, and we look forward to deepening additional dialogues in the near term,” says Tom Nyman, Chairman of the Board, Learnster.
For more information, please contact:
Tom Nyman, Chairman of the Board, Learnster
tom.nyman@nymanholding.com | +46 707 47 25 19
About Learnster
Learnster helps business and knowledge leaders orchestrate knowledge and turn competence into measurable results. With learning technologies and AI tools built to scale competence development, Learnster is today used by more than 400,000 users in over 200 organizations across 50+ markets worldwide. Through the recent acquisition of Learnify Tools, Learnster strengthens its position in banking, finance and insurance.
