London-headquartered learning and skills platform HowNow has announced a \u00a33.5 million extension to its Series A funding round, bringing the total to \u00a37.5 million. This follows an initial \u00a34 million investment from Mercia Ventures and FTSE 100 education firm Pearson in February 2023. Fuel Ventures also participated in this latest round. HowNow\u2019s total funding now stands at nearly \u00a311 million.<\/p>\n\n\n\n
The company, which serves customers in over 30 countries, is experiencing rapid growth, capitalising on its innovative \u201cskills-first\u201d approach to learning. HowNow maps skills gaps to relevant learning opportunities \u201cin the moment\u201d, gaining traction with forward-thinking mid-market and enterprise organisations. The recent launch of HowNow AI, a suite of advanced AI agents, allows customers to map and measure skills, identify gaps and connect employees with the most suitable learning.<\/p>\n\n\n\n
HowNow has seen revenue increase by more than 350% over the last two years, securing major clients including TomTom, MoneyBox, Bausch & Lomb, UKTV and Good Energy. The company is also partnering with Pearson to deliver the UK Government\u2019s Learning and Skills Platform.<\/p>\n\n\n\n
Nelson Sivalingam, co-founder & CEO, HowNow said: \u201cWith this funding, we\u2019re not just doubling down on our commitment to upskill 10m people by 2030 \u2013 we\u2019re making it happen. Learning isn\u2019t 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\u2019re here to change the way the world learns \u2013 connecting the dots between learning, skills, and real impact for people and organisations alike.\u201d<\/em><\/p>\n\n\n\n HowNow has more than doubled its workforce in the past year and now employs 75 people across its London and Mumbai offices. The platform fully integrates with leading HR technology providers such as HiBob, Lattice, Workday and Personio, and has recently partnered with Credly, the world\u2019s largest skill verification and digital credentialing network.<\/p>\n\n\n\n Image source: LinkedIn<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" London-headquartered learning and skills platform HowNow has announced a \u00a33.5 million extension to its Series A funding round, bringing the total to \u00a37.5 million. This follows an initial \u00a34 million investment from Mercia Ventures and FTSE 100 education firm Pearson in February 2023. Fuel Ventures also participated in this latest round. HowNow\u2019s total funding now […]<\/p>\n","protected":false},"author":1,"featured_media":1037,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,209],"tags":[119],"class_list":["post-1036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-funding","category-investment","tag-london"],"yoast_head":"\n