Lessonly

Lessonly

SaaS training software for teams

Overview

Lessonly provides training software for teams to learn and practice essential skills, offered as a SaaS platform used by a range of clients from large enterprises to local businesses in the corporate training space (customer service, sales, and L&D). The platform is web-based and lets teams create, share, and track training content, distribute lessons to employees, and measure progress with analytics and feedback under a subscription model. It differentiates itself through a strong emphasis on structured feedback and continuous improvement, along with a user-friendly design tailored to team learning and customer satisfaction. Its goal is to help organizations boost team performance by delivering effective training and practice so employees are better prepared and more capable in their roles.

Significant Headcount Growth

About Lessonly

Simplify's Rating
Why Lessonly is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Education

Company Size

11-50

Company Stage

Series C

Total Funding

$29.1M

Headquarters

Indianapolis, Indiana

Founded

2018

Simplify Jobs

Simplify's Take

What believers are saying

  • Seismic's $170M funding post-August 2021 acquisition accelerates Lessonly product enhancements.
  • Salesscreen integration boosts sales performance tracking with Lessonly training.
  • Yellowship beta program launched September 19, 2021, tests frontline enablement features.

What critics are saying

  • Seismic integration erodes Lessonly brand, migrating 70-90% users in 0-6 months.
  • Gong.io captures market share from Lessonly using AI call data in 12-24 months.
  • Permira divests Seismic including Lessonly in distressed sale within 18-36 months.

What makes Lessonly unique

  • Lessonly delivers powerfully simple LMS for frontline teams with drag-and-drop authoring.
  • Seismic acquisition integrates Lessonly's training into comprehensive sales enablement platform.
  • Obie acquisition adds AI-powered knowledge capture, rebranded as Lessonly Knowledge.

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Funding

Total Funding

$29.1M

Below

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$15M
Lessonly
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Generous paid parental leave - Paid time off for moms and dads to spend time bonding with their new bundle of joy.

End-of-year paid recharge week - Our global offices shut down, allowing us all to unwind while we gear up for the new year ahead.

High performance bonus incentives - Employees are rewarded on a semi-annual basis for their awesome contributions to Seismic.

Global company meet-ups - An annual meet-up in sunny San Diego for a week of bonding, learning, and fun.

Growth & Insights and Company News

Headcount

6 month growth

23%

1 year growth

23%

2 year growth

23%
Lessonly
Oct 19th, 2021
Lessonly, Inc. launched beta program on Sep 19th 21'.

Lessonly, Inc. recently announced its new beta program at Yellowship—Lessonly customers can sign up here.

SalesScreen
Sep 15th, 2021
Salesscreen partners with Lessonly, Inc.

Salesscreen is excited to announce its integration with Lessonly.

Inside INdiana Business
Aug 23rd, 2021
Lessonly, Inc. received financing of $15M in Series C round of funding on Apr 1st 21'.

In April of last year, Lessonly closed on a $15 million Series C round of funding.

JMI Equity
Aug 16th, 2021
Seismic Software, Inc. acquired Lessonly, Inc. on Aug 16th 21'.

Seismic, the global leader in sales enablement, today announced it has acquired Lessonly, the training, coaching, and enablement solution, to deliver the world’s most powerful and comprehensive sales enablement platform.

VentureBeat
Aug 16th, 2021
Sales enablement platform Seismic acquires Lessonly, nabs $170M

Seismic, a sales enablement platform, acquired Indianapolis, Indiana-based Lessonly and raised $170 million in venture capital.Read More

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