AI learning platform Esme Learning Solutions secured $7.5M in funding
Esme Learning Solutions, a London-based AI-powered digital learning platform, has now secured $7.5 million in a Series A funding round.
Esme Learning Solutions is founded by Beth Porter and David Shrier in the year 2019. It delivers online executive education in partnership with the leading universities.
The company uses an Artificial Intelligence (AI) enabled digital learning system and uses dozens of lessons from neuroscience and cognitive, to deliver an applied collaborative learning experience.
In a time span of one year, Esme Learning Solutions has already partnered and worked with top tier universities.
Its six-week online course offerings include the Oxford Cyber Security and Oxford Fintech Programme for executives. The company will also soon going to launch classes with MIT.
Executive Opinion
David Shrier, co-founder and managing director of Esme Learning Solutions, said, "Digital learning is growing at a rapid rate – 400% faster than the general education market – and the growth has only accelerated during the pandemic. Now, there's a sense of urgency to improve the effectiveness of online learning. With specialized AI, online learning can be highly customized and personalized. Esme Learning uses new kinds of AI systems to deliver tangible career impact, helping universities, corporations, and governments foster the workforce of the future".
Michael Block, Esme Learning board member and managing director at Adit Ventures, said, "Esme Learning has a clear pathway for success as the only digital learning company to implement an AI-enabled platform working in conjunction with top universities that create a better learning experience. Esme Learning’s rapidly growing portfolio of courses with the leading universities of the world creates a compelling investment opportunity for us, expanding on our thesis that AI brings real transformation to the future of digital learning. We’re particularly excited to back such experienced entrepreneurs with deep domain expertise in education, cognitive science, and AI."
Esme Learning Solutions' Latest Funding
The round was backed by the Adit Ventures.
The company, as of now, has plans to use the new funds to grow across its operations, from headcount to course offerings, and further develop its course methodology and core Artificial Intelligence technology.
Post funding, Lynn Hollen Lees from the University of Pennsylvania and Jon Cropper, the former president of Bad Boy Entertainment, will join the Esme Learning Board of Advisor.
PC: Pablo, Pixabay
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Udit Agarwal
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Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.
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