Amsterdam-based Lepaya, which mixes online and offline power skills training, raised $38 million (roughly €35 million) on Thursday, the largest round in 2023.
Endeit led the round, which included Educapital, Mars Growth Capital, Liquidity Capital, Target Global, and Mediahuis.
The Dutch edtech business will use the funding to accelerate AI-powered capability-building products.
AI-coach tailors learning content to each learner’s situation and career level. A Dutch edtech startup will deploy money to expand skills data analysis to enable organizations and leaders to gain deeper skills intelligence on organizational and industry levels.
The announcement was made four months after acquiring Krauthammer, a Dutch training company.
Endeit, Educapital, Target Global, Mediahuis Ventures, and Tablomonto have invested $80 million in the company.
Lepaya transforms corporate learning.
René Janssen and Peter Kuperus created Lepaya in 2018 with the belief that the appropriate training at the right time for the right talent boosts productivity and business growth.
The platform uses AI and human intelligence to teach employees how to operate efficiently.
Lepaya offers learning interventions and real-time statistics on learner behavior and impact in power skill development programs that mix soft and hard skill training modules.
The corporation has made four acquisitions:
1.SmartenUp (2020)
2. vCoach 2022
3. SpeakFirst (2022)
4. Krauthammer 2023
Janssen says, “The rapid developments in AI allow us to provide organizations and the world with what we always envisioned and individual employees with what they deserve: a deeply personal insight into skill gaps and a truly contextualized way to bridge them by combining the best artificial and human intelligence and taking care of all the complex operations surrounding global upskilling.
The Investor
European growth capital business Endeit Capital has supported European digital scale-up internationalization and innovation since 2006.
Endeit’s five segments include Future of Work, Fintech, Sales Enablement, Supply Chain and procurement, and Climate Tech, all centered on AI.
In addition to Germany, The Netherlands, and Sweden, the corporation invests €300M+ in other European countries.
Sastrify, ParcelLab, Sharpist, Stravito, Happeo, IPRally, Amberscript, Roamler, and Floryn are investments.
Endeit Capital’s Edwin Hengstmengel adds, “It’s impressive how Lepaya managed to engrain its platform as a core part of its client’s upskilling DNA, and we are very excited to be part of the continued
