Lesson.ly Closes $1.1M Funding

Funding Rounds

Summary

Lesson.ly, an Indianapolis, IN-based training software company, closed $1.1m in funding.The round was led by Allos Ventures, with participation from Peter McCormick and Scott Dorsey, who joined previous investor Chris Baggott.The company intends to use the funds to further accelerate customer acquisition and product development.It serves nearly 100 customers including Lyft, Angies list, and ModCloth.According to a note, revenue for the company has increased 25% month-over-month for the past 9 months.

$ Funding

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Amount $1.1M Total raised
Date January 11, 2015 Announcement date
Investors - Lead investors
Company http://www.lesson.ly Funded company

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EduTech - learning

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