Swedish learning platform Learnster bags €2.6M to grow its LMS and AI products

Stockholm-based learning platform Learnster has announced that it has secured SEK 31M (approximately €2.69M) in a new share issue to enhance its position in the edtech sector and broaden its global reach.

The investment was led by Tom Nyman Holding, with additional backing from Söderberg & Partners and Subvenio Invest. As part of the deal, Tom Nyman has been appointed as chairman, marking a strategic move to bolster the company’s leadership.

Tom Nyman says, “I am delighted to be able to lead this funding round and really want to be involved in changing the way knowledge is acquired. I am convinced that individuals and organisations that use AI and new technology to constantly learn new things will be the winners of the future.”

Gustaf Rentzhog, CEO of Söderberg & Partners, says, “We look forward to continuing to support Learnster in their impressive growth journey and innovation work. Their commitment to improving learning experiences fits perfectly with our own values ​​and future visions.”

Capital utilisation

The funds will be directed towards the continued development of Learnster’s Learning Management System (LMS) products, focusing on integrating AI capabilities. 

Additionally, the proceeds will support the company’s plans for accelerated growth through international expansion.

Learnster’s CEO, Thomas Kraft, says, “This investment is proof of the confidence in our vision and strategy, says Thomas Kraft. My focus is always the customer’s best interest and with the help of this financing we will be able to deliver even greater value to customers and partners.”

“Financially, we have had a steady ARR growth over the past few years (55 per cent average annual growth) and is today at about SEK 40M in ARR. The next goal is SEK 100M in ARR, which we can very well achieve already in 2025 with continued strong organic growth and complementary acquisitions, concludes Kraft.”

Building a learning culture & decentralise training

Founded in 2017 Learnster is a provider of modern learning platforms, offering advanced solutions like Learnster LMS and Learnster AI. 

Learnster LMS enhances communication and information sharing across organisations, while Learnster AI provides a constantly available and updated tool for individual learning. 

With a Net Promoter Score (NPS) of 76, Learnster serves over 300,000 users across 30 countries and supports 13 languages, helping both individuals and organisations streamline learning and knowledge sharing.