Unlocking Learning Potential: HowNow Secures $5 Million Funding for Expansion
February 6, 2023
HowNow, a pioneering learning experience platform (LXP), has recently secured a significant Series A funding round of $5 million from investors Mercia and Pearson. This funding marks a pivotal moment for the company, propelling its mission to integrate meaningful learning seamlessly into the daily routines of workers worldwide.
Since its inception, HowNow has been dedicated to revolutionising how people learn and grow within their professional environments. With this latest injection of capital, the company is poised to expand its reach and impact, bringing its innovative approach to millions more individuals across the globe.
The success of HowNow stems from its commitment to addressing the critical issue of employee engagement in learning. Despite substantial investments in corporate learning, many organisations struggle to provide relevant and accessible development opportunities for their staff. HowNow aims to bridge this gap by offering a comprehensive learning experience platform that caters to the needs of modern workers.
One of the key features of HowNow's platform is its ability to deliver personalised learning content directly within the flow of work. By leveraging advanced technology, including Generative AI, the platform ensures that employees receive the right information at the right time, empowering them to enhance their skills and knowledge continuously.
Moreover, HowNow's platform goes beyond traditional Learning Management Systems (LMS) by offering a seamless integration with popular workplace tools such as Slack and Microsoft Teams. This integration enables learning and knowledge sharing to occur organically, fostering a culture of continuous improvement within organisations.
The significance of HowNow's approach is underscored by the support it has garnered from industry leaders like Pearson. Pedro Vasconcellos of Pearson Ventures expressed excitement about the company's potential to reshape the future of workforce learning. He noted HowNow's innovative use of data to empower employees in managing their own learning journey, highlighting its relevance in an era of rapid technological change.
Daniela Tsoneva of Mercia echoed this sentiment, emphasising HowNow's position as a pioneer in the fast-growing learning experience sector. With its dynamic matching technology and focus on user engagement, HowNow has demonstrated its ability to drive tangible results for its customers.
Looking ahead, HowNow is poised to embark on its next chapter of growth and innovation. The company plans to use the funding to further expand its global footprint and enhance its product offerings. By enabling organisations to cultivate a culture of continuous learning, HowNow is poised to play a significant role in shaping the future of work.
In conclusion, HowNow's recent funding milestone is not just a testament to its success thus far but also a harbinger of exciting developments to come in the realm of workplace learning. With its innovative approach and unwavering commitment to empowering individuals, HowNow is poised to make a meaningful impact on the way we learn and grow in the modern workforce.