Northpass, a modern learning solution for driving business performance, has secured $4 million in Series A funding led by Edison Partners, a New Jersey-based growth equity investor. The funds will be used to accelerate product development and adoption.
2018 was a breakout year for Northpass. The company achieved 100% revenue growth and has plans to double again this year. Currently, Northpass is relied on by over 200 companies, including some of the world’s most innovative and disruptive brands such as Uber, Lyft, Airbnb, Shopify, and Square.
“Modern learning tools have become essential for enabling today’s front-line teams,” says Steve Cornwell, founder and CEO of Northpass. “It’s all about enablement. High-growth companies need seamless onboarding, increased retention, and improved customer satisfaction. Northpass gives stakeholders the skills needed to truly drive business success.”
While traditional learning management systems help with compliance training and off-the-shelf course delivery, Northpass is focused on serving the unique needs of high-growth companies in the on-demand and SaaS space. Such companies are expanding quickly and need to develop custom onboarding, training, or performance support programs, but often lack prior experience with such initiatives.
The Northpass platform was built for scale, flexibility, and ease-of-use, and was recognized by Capterra as one of the Top 20 most user-friendly LMS platforms in 2018. Everything, from Northpass’ product features to its customer success program, is designed to help modern organizations easily create, deliver, and measure proprietary learning programs.
“By aligning learning with business performance, Northpass is setting itself apart from competition,” says Tom Vander Schaaff, General Partner of Edison Partners. “Northpass has a clear vision, relentless work ethic, and a culture built on strong values. We’re proud to partner with Northpass and offer the Edison Edge platform to accelerate their already exponential growth.”
Northpass is able to excel in the markets it serves because it’s mobile-friendly, fully white-labeled, and easily integrates with existing technology stacks. All of these features help provide a seamless learning experience for partners, customers, and employees, regardless of where or when they prefer to learn.
Because of its relentless focus on the challenges faced by today’s high-growth companies and deep understanding of the modern workforce, Northpass is ideally positioned to help organizations meet their learners where they are in order to drive better business outcomes.
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