How Much Did iLearningEngines Raise?
Funding & Key Investors

iLearningEngines has secured $20M in total capital, with a recent strategic investment of $20M announced on July 16, 2024. This major enterprise-level funding round underscores the company's significant traction in the AI-driven learning automation sector.

What is iLearningEngines?

iLearningEngines
SoftwareContent & Collaboration Software

iLearningEngines, Inc. is an innovator in artificial intelligence (AI) for learning automation, offering a comprehensive cloud-based platform. This AI learning and engagement solution provides personalized learning modules with mobile, offline, and multimedia capabilities. The company's offerings are segmented into its Learning Experience Platform, targeting the corporate learning market, and its Information Intelligence Platform, which addresses information management, analytics, and automation needs. iLearningEngines also develops an in-process learning platform designed to integrate educational content directly into daily workflows, enhancing continuous learning for organizations. Founded in 2010 and headquartered in Bethesda, Maryland, the company is positioned to capitalize on the growing demand for intelligent, adaptive educational technologies.

How much funding has iLearningEngines raised?

iLearningEngines has raised a total of $20M across 1 funding round:

2024

Debt

$20M

Debt (2024): $20M with participation from Ile Holdings

Key Investors in iLearningEngines

Ile Holdings

Ile Holdings LLC is a holding company based in Chicago, Illinois, operating within the broader financial services sector. Its participation in this funding round suggests a strategic interest in technology-enabled growth opportunities.

What's next for iLearningEngines?

The substantial enterprise-level backing for iLearningEngines signals a strategic phase of scaling and market expansion. This infusion of capital is expected to accelerate product development, enhance AI capabilities, and broaden the company's reach within both the corporate learning and information management sectors. The focus on 'major strategic investment' suggests a potential for deeper integration with partners or a significant push into new markets, leveraging its advanced AI platform to solidify its competitive advantage in the rapidly evolving EdTech landscape.

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Frequently Asked Questions Regarding iLearningEngines Financial Insights

What are the most recent funding rounds that iLearningEngines has completed, and what were the funding rounds?
iLearningEngines has recently completed 1 funding rounds: Debt on Jul 16, 2024.
What is the total amount of funding iLearningEngines has raised to date?
iLearningEngines has raised a total of $20M in funding to date.
How many funding rounds has iLearningEngines completed?
iLearningEngines has completed 1 funding rounds.
How much funding did iLearningEngines raise in its most recent funding round?
iLearningEngines raised $20M in its most recent funding round.
Who are the lead investors in iLearningEngines's latest funding round?
The lead investor in iLearningEngines's latest funding round was Ile Holdings. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in iLearningEngines's history?
The largest funding round in iLearningEngines's history was $20M.
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