IntelliBoard – a leading learning analytics provider – recently announced the completion of a financing round led by Advantage Capital (a new investor) and an existing investor, Connecticut Innovations (CI). This new funding round will be invested in the future market growth and innovation of IntelliBoard’s leading Learning Analytics platform.
IntelliBoard’s platform was designed to help organizations improve learning outcomes. And by analyzing data from various sources, such as learning management systems, student information systems, collaboration tools, and human resource systems combined with predictive models, organizations can achieve their retention, engagement, and compliance goals while gaining efficiencies.
Advantage Capital is a key player in venture capital, having invested over $4.1 billion in over 900 companies across various industry sectors and risk spectrums. And this vast experience and expertise make Advantage Capital an ideal partner to support IntelliBoard’s ambitious growth plans.
CI – Connecticut’s strategic venture capital arm and the leading source of financing and support for innovative and growing companies – brings invaluable resources and insights to this partnership. And CI’s commitment extends beyond financial support and includes delivering the strategic guidance that will enable IntelliBoard to continue leading the learning analytics market.
With over 400 clients globally in four verticals, IntelliBoard’s platform drives significant value for organizations, including increased retention, deeper engagement, higher course completion rates, increased employee satisfaction, and better adherence to compliance and regulation. And organizations using the platform see a 30% increase in efficiencies and better utilization of their existing learning tools.
KEY QUOTES:
“We’re excited to invest in IntelliBoard, a company that not only shows great market potential but also shares our commitment toward accelerating economic growth and innovation in the State of Connecticut.”
- Alexandra Twyman, Advantage Capital
“Our continued investment in IntelliBoard is a testament to our confidence in their strategy and belief in their potential to be the global leader in learning analytics.”
- Douglas Roth, Connecticut Innovations
“This investment represents a significant milestone for IntelliBoard and strengthens our commitment to our clients worldwide. With support from Advantage Capital and Connecticut Innovations, we look forward to scaling IntelliBoard, continuing to lead the industry, and providing greater value to our clients through innovation, talent, and the best user experience.”
- Anatoliy Kochnev, CEO of IntelliBoard
