HowNow Extends Series A to Amplify Learning Revolution
Deal News | Feb 13, 2025 | Business Cloud
London-based EdTech company HowNow has extended its Series A funding round to a total of £7.5 million, bolstered by additional investments from Mercia Ventures and Pearson, with participation from Fuel Ventures. This brings its total funding to almost £11 million. Specializing in AI-driven skills-first learning, HowNow aims to address skill gaps through contextualized learning opportunities. The firm has seen revenue growth of over 350% in two years and has expanded its workforce significantly. Established clients include TomTom, MoneyBox, and the UK Government's Learning and Skills Platform, with integration partnerships with leading HR tech firms.
Sectors
- EdTech
- Finance
- Human Resources Technology
Geography
- United Kingdom – HowNow is headquartered in London and operates significantly within the UK.
- India – HowNow has an office in Mumbai, indicating operational activities beyond the UK.
Industry
- EdTech – The article discusses an educational technology company, HowNow, which focuses on AI-driven learning solutions.
- Finance – The article involves a Series A funding round for HowNow, indicating the role of investment and venture capital firms.
- Human Resources Technology – HowNow integrates with HR technology providers, emphasizing its relevance to the HR tech sector.
Financials
- £7.5m – Extended Series A funding round total for HowNow.
- £11m – Total funding to date for HowNow.
- 350% – Revenue growth of HowNow over the past two years.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| HowNow | Target company | Company | An AI-powered learning and skills platform headquartered in London. |
| Mercia Ventures | Investor | Company | A venture capital firm that invested in HowNow's Series A funding. |
| Pearson | Investor | Company | A FTSE 100 education firm that co-invested in HowNow's Series A funding. |
| Fuel Ventures | Investor | Company | Participated as an investor in HowNow's extended Series A funding. |
| Nelson Sivalingam | CEO | Person | Co-founder and CEO of HowNow. |