Learning management systems (LMS) companies focus on providing technology solutions that facilitate online education and training. These companies range from startups to established firms, offering platforms for course creation, tracking learner progress, and enhancing engagement. The industry is evolving with trends like microlearning and artificial intelligence, making learning more personalized and accessible. With the growing emphasis on remote training and soft skills development, LMS firms are expanding their features, emphasizing flexibility and user experience. As workplaces adapt, the demand for robust LMS solutions only increases, signifying a promising future for players in this space.

This list highlights 23 prominent companies in the LMS sector, varying in size from small teams to large organizations. Some, like Moodle and LearnUpon, were founded in the early 2000s and have since established themselves globally, while newer contenders like Tovuti LMS and EdApp focus on contemporary needs. Their headquarters span across multiple countries, showcasing geographic diversity. Each company offers tailored solutions aimed at enhancing corporate training, academic learning, and compliance training, thereby fulfilling a range of educational demands.

Continue reading to explore the top learning management systems companies.

Top 23 Learning Management Systems Companies

1. Moodle

• Website: moodle.com
• Ownership type: Private
• Headquarters: West Perth, Western Australia, Australia
• Employee distribution: India 24%, Australia 23%, Spain 21%, Other 32%
• Latest funding: $1.4M, August 2021
• Founded year: 2001
• Headcount: 51-200
• LinkedIn: moodle

Moodle is an education technology company based in West Perth, Australia, founded in 2001. It specializes in providing online learning solutions through its platforms, including Moodle LMS, Moodle Workplace, and MoodleCloud. These platforms are designed to support schools, universities, and businesses in creating effective online learning environments. Moodle operates on a Software as a Service (SaaS) model, allowing for scalable and customizable solutions tailored to various educational and training needs. The company has a strong commitment to open-source principles, which enhances its flexibility and security. With a workforce distributed across several countries, including India, Australia, and Spain, Moodle has built a global community of users and certified partners. The company has also received funding, with a notable amount reported in 2021, indicating its ongoing relevance and investment in the education technology sector.

2. LearnUpon

• Website: learnupon.com
• Ownership type: Private Equity
• Headquarters: Dublin, Dublin, Ireland
• Employee distribution: Ireland 55%, United States (USA) 25%, Serbia 15%, Other 5%
• Latest funding: $56.0M, October 2020
• Founded year: 2012
• Headcount: 201-500
• LinkedIn: learnupon

LearnUpon, based in Dublin, Ireland, is an education technology company that specializes in providing a robust Learning Management System (LMS). Founded in 2012, the company aims to enhance training experiences for a variety of audiences, including employees, customers, partners, and members. LearnUpon's platform is equipped with essential features such as course creation, training delivery, and user management, allowing organizations to efficiently manage their training processes. The company has made significant strides in the industry, evidenced by its receipt of $56 million in funding in 2020, which underscores its growth trajectory and market relevance. LearnUpon has also been recognized with multiple awards, reflecting its commitment to delivering effective training solutions. With a customer base that includes notable companies like Hootsuite and Twilio, LearnUpon continues to play a pivotal role in shaping the future of corporate training and education.

3. Tovuti LMS

• Website: tovutilms.com
• Ownership type: Venture Capital
• Headquarters: Eagle, Idaho, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: $6.0M, May 2023
• Founded year: 2017
• Headcount: 51-200
• LinkedIn: tovuti-software

Tovuti LMS, based in Eagle, Idaho, is a learning management system provider that specializes in creating, managing, and delivering training solutions tailored for various industries. Founded in 2017, Tovuti has quickly gained traction in the LMS market by focusing on user engagement and compliance through automated training processes and interactive content. The platform supports a wide range of use cases, from employee onboarding to compliance training, making it a versatile choice for organizations looking to enhance their training programs. Tovuti's recent funding of $6 million in May 2023 reflects its growth trajectory and the confidence investors have in its business model. The company prides itself on its adaptive, people-first approach, which is evident in its user-friendly interface and robust support services. Tovuti continues to innovate, incorporating features like AI-driven course creation to streamline the training process and improve learner outcomes.

4. Absorb Software

• Website: absorblms.com
• Ownership type: Private Equity
• Headquarters: Calgary, Alberta, Canada
• Employee distribution: Canada 70%, United States (USA) 17%, Poland 4%, Other 9%
• Latest funding: April 2021
• Founded year: 2003
• Headcount: 501-1000
• LinkedIn: absorb-software

Absorb Software Inc., based in Calgary, Alberta, Canada, specializes in providing a comprehensive Learning Management System (LMS) tailored for corporate training and development. Since its inception in 2003, the company has focused on delivering eLearning solutions that enhance learner engagement and compliance training. Absorb's offerings include a range of products such as Absorb LMS, Absorb Skills for AI-personalized learning paths, and tools for course creation and analytics. The company serves a wide array of businesses and organizations, helping them streamline their training processes and improve employee skills. Absorb Software has built a reputation for its user-friendly interface and strong customer support, which is available 24/7. Their LMS is utilized by over 2,700 companies, showcasing their impact in the industry and their ability to adapt to the evolving needs of corporate learning.

5. Litmos

• Website: litmos.com
• Ownership type: Private Equity
• Headquarters: San Francisco, California, United States (USA)
• Employee distribution: United States (USA) 47%, Australia 26%, United Kingdom (UK) 16%, Other 11%
• Latest funding: August 2022
• Founded year: 2007
• Headcount: 201-500
• LinkedIn: litmos

Litmos, based in San Francisco, California, is a corporate training provider that specializes in learning management systems and training content. Established in 2007, the company has carved out a niche in facilitating employee training, compliance, and onboarding across various industries. Litmos offers a comprehensive LMS designed to enhance learning experiences and improve organizational performance. Their platform is recognized for its ease of use and quick deployment, allowing businesses to implement training solutions efficiently. With a significant presence in the market, Litmos serves over 4,000 clients, providing access to a vast library of training courses and leveraging AI-driven features to automate learning tasks. The company is committed to empowering organizations through innovative software solutions that drive measurable results in employee development and compliance training.

6. Matrix Lms

• Website: matrixlms.com
• Ownership type: Private
• Headquarters: San Francisco, California, United States (USA)
• Founded year: 2009
• Headcount: 51-200
• LinkedIn: matrix-lms

Matrix Lms, part of CYPHER Learning, is an education technology firm based in San Francisco, California. Established in 2009, the company specializes in providing a comprehensive learning platform tailored for both businesses and educational institutions. Their offerings include a learning management system (LMS) and a learning experience platform (LXP), designed to facilitate training, skill development, and compliance. The platform is recognized for its user-friendly interface and advanced features such as AI-driven course creation, gamification, and detailed analytics. Matrix Lms has garnered over 100 awards, highlighting its commitment to innovation and effectiveness in enhancing learner engagement and tracking performance. The company serves a wide range of clients, from corporate training organizations to educational institutions, making it a significant player in the learning management systems sector.

7. Open LMS

• Website: openlms.net
• Ownership type: Corporate
• Headquarters: Raleigh, North Carolina, United States (USA)
• Employee distribution: Colombia 55%, Australia 31%, United States (USA) 11%, Other 4%
• Latest funding: April 2020
• Founded year: 2005
• Headcount: 51-200
• LinkedIn: blackboardopenlms

Open LMS, based in Raleigh, North Carolina, is an eLearning provider that specializes in customizable learning management systems for businesses and educational institutions. Since its inception in 2005, the company has focused on enhancing training and compliance through its robust analytics, content creation capabilities, and mobile access. Open LMS offers two primary platforms: one tailored for workforce learning and another for higher education. Their solutions are designed to streamline learning processes and improve learner engagement, catering to a wide range of clients across various sectors. The company prides itself on its open-source approach, allowing organizations to tailor their learning environments to meet specific needs without incurring excessive costs. Open LMS has built a reputation for exceptional customer support and a commitment to security, ensuring that clients can trust their learning management systems to deliver effective training and educational experiences.

8. Blackboard

• Website: blackboard.com
• Ownership type: Corporate
• Headquarters: Washington, D.C., District Of Columbia, United States (USA)
• Employee distribution: India 67%, Guatemala 33%
• Latest funding: September 2022
• Founded year: 1997
• Headcount: 1001-5000
• LinkedIn: angel-learning

Blackboard, now part of Anthology, is an educational technology company based in Washington, D.C. Founded in 1997, it has established itself as a key provider of software solutions that include Learning Management Systems (LMS), Student Information Systems (SIS), and Constituent Relationship Management (CRM) tools. Blackboard's LMS is particularly noted for its modern learning capabilities, which cater to a wide range of users, from K-12 institutions to higher education and corporate training environments. The company emphasizes accessibility and user engagement, ensuring that its platforms are designed to meet the needs of all learners. Blackboard has also made strides in integrating advanced analytics and data reporting features into its offerings, helping institutions make informed decisions based on actionable insights. With a workforce primarily located in India and Guatemala, Blackboard continues to innovate and adapt to the evolving educational landscape.

9. Olive Group

• Website: olivegroup.io
• Ownership type: Private
• Headquarters: Dublin, Dublin, Ireland
• Employee distribution: India 60%, Ireland 25%, Nepal 6%, Other 8%
• Founded year: 2006
• Headcount: 501-1000
• LinkedIn: theolivegroup

Olive Group, founded in 2006 and based in Dublin, Ireland, is an EdTech company that specializes in digital training solutions and learning technologies. The company offers a range of products, including Mykademy LMS, a training management system, and various bespoke content creation services aimed at enterprises and educational institutions. Olive Group's mission is to enhance skills and ensure compliance through effective training, making them a valuable partner for organizations looking to improve their training processes. With a workforce of around 300 dedicated professionals and a global reach that includes significant operations in India, Ireland, and Australia, Olive Group has successfully onboarded over 20,000 trainers and benefited more than 3 million learners. Their innovative approach to learning, including partnerships with major companies, showcases their commitment to providing practical and modern learning solutions.

10. Paradiso Learning

• Website: paradisosolutions.com
• Ownership type: Private
• Headquarters: Wilmington, Delaware, United States (USA)
• Employee distribution: India 79%, United States (USA) 16%, United Arab Emirates 3%, Other 3%
• Founded year: 2011
• Headcount: 501-1000
• LinkedIn: paradiso-solutions

Paradiso Learning, based in Wilmington, Delaware, is an eLearning solutions provider that specializes in customizable learning management systems and educational technology. Since its inception in 2011, the company has focused on delivering tools for corporate training, course development, and AI-driven learning solutions. Paradiso Learning serves a variety of sectors, including healthcare, finance, and retail, showcasing its adaptability to different organizational needs. The company offers a range of products, including its flagship LMS, a Learning Experience Platform (LXP), and various authoring tools. Their solutions are designed to enhance employee performance and engagement, making them a valuable partner for businesses looking to improve their training processes. Paradiso Learning has built a reputation for providing tailored eLearning solutions, ensuring that clients receive support that aligns with their specific requirements.

11. eThink Education by Open LMS

• Website: ethinkeducation.com
• Ownership type: Corporate
• Headquarters: Baltimore, Maryland, United States (USA)
• Latest funding: $20.0M, December 2020
• Founded year: 2008
• Headcount: 11-50
• LinkedIn: ethink-education

eThink Education by Open LMS, founded in 2008 and based in Baltimore, Maryland, is a provider of learning management solutions that cater to both corporate and educational institutions. The company offers customizable LMS platforms that are built on the open-source Moodle framework, allowing organizations to tailor their learning environments to meet specific needs. eThink Education focuses on enhancing training and educational programs through features such as compliance training, professional development courses, and advanced analytics tools. With a dedicated team of experts providing 24/7 support, the company aims to ensure that clients can effectively manage their learning initiatives. In December 2020, eThink Education secured $20 million in funding, which underscores its growth trajectory and commitment to expanding its offerings in the LMS market. The company is recognized for its ability to adapt to the evolving demands of the education and corporate training sectors, making it a relevant player in the learning management systems industry.

12. Articulate

• Website: articulate.com
• Ownership type: Private Equity
• Headquarters: New York, New York, United States (USA)
• Employee distribution: United States (USA) 85%, Philippines 4%, United Kingdom (UK) 3%, Other 8%
• Latest funding: Series A, $1.5B, July 2021
• Founded year: 2002
• Headcount: 201-500
• LinkedIn: articulate

Articulate, founded in 2002 and based in New York City, is a private equity-backed software company specializing in e-learning solutions. With a workforce of approximately 586 employees, Articulate has made a significant impact in the field of online training. The company offers a suite of products, including Articulate 360, Rise, and Storyline, which are designed to simplify the process of creating engaging and effective online training content. Articulate serves over 125,000 organizations and has reached 133 million learners across 187 countries. Their tools are particularly valued for their user-friendly interfaces and the ability to create interactive and visually appealing courses. In July 2021, Articulate secured $1.5 billion in Series A funding, reflecting strong market confidence in their business model and growth potential. This funding is likely to enhance their product offerings and expand their reach in the e-learning sector.

13. Thinking Cap

• Website: thinkingcap.com
• Ownership type: Private
• Headquarters: Toronto, Ontario, Canada
• Employee distribution: Canada 100%
• Founded year: 2001
• Headcount: 11-50
• LinkedIn: thinking-cap

Thinking Cap, based in Toronto, Ontario, is an education technology company that specializes in learning management systems. Established in 2001, the company has been providing innovative solutions to corporate, higher education, and not-for-profit sectors. Their LMS is designed to manage training programs effectively, offering features such as onboarding, certification, and detailed analytics. Thinking Cap has built a reputation for its customer-focused approach, regularly engaging with clients to gather feedback and improve its offerings. The company is also recognized for its compliance with industry standards, including SOC2 and FDA's Title 21 CFR Part 11, which underscores its commitment to security and quality. With a dedicated team and a focus on customization, Thinking Cap has successfully supported hundreds of thousands of learners across four continents, making it a notable player in the learning management systems industry.

14. WizIQ

• Website: wiziq.com
• Ownership type: Private Equity
• Headquarters: Gurugram, Haryana, India
• Employee distribution: India 77%, Turkey 6%, United States (USA) 6%, Other 10%
• Latest funding: Series B, $4.0M, January 2013
• Founded year: 2007
• Headcount: 201-500
• LinkedIn: wiziq

WizIQ, based in Gurugram, Haryana, India, is an education technology provider that specializes in online learning solutions. Since its inception in 2007, the company has focused on creating a platform that facilitates virtual classrooms and course management, catering to educational institutions, corporate training departments, and individual educators. WizIQ's offerings include features such as online course creation, tests and assessments, mobile learning, and eLearning analytics. The company operates on a Software as a Service (SaaS) model, which allows for scalable solutions tailored to various educational needs. With a significant presence in India and a growing footprint in countries like Turkey and the United States, WizIQ has garnered attention for its user-friendly interface and robust functionality. The company raised $4 million in Series B funding in 2013, which has likely contributed to its ongoing development and market presence. WizIQ's commitment to enhancing remote learning experiences makes it a noteworthy player in the education technology industry.

15. Bridge

• Website: getbridge.com
• Ownership type: Corporate
• Headquarters: Salt Lake City, Utah, United States (USA)
• Employee distribution: Hungary 43%, United States (USA) 35%, United Kingdom (UK) 17%, Other 6%
• Latest funding: $50.2M, February 2021
• Founded year: 2008
• Headcount: 51-200
• LinkedIn: get-bridge

Bridge, based in Salt Lake City, Utah, is a corporate training provider established in 2008. The company specializes in offering a comprehensive learning management system (LMS) that integrates performance management tools and employee engagement software. Bridge aims to enhance employee skills, ensure compliance, and improve overall performance through effective training solutions. Their platform allows organizations to create courses, manage performance reviews, and conduct engagement surveys, making it a versatile tool for businesses across various sectors. With a workforce of approximately 132 employees and a significant presence in Hungary, the United States, and the United Kingdom, Bridge has established itself as a notable player in the corporate training industry. The company secured funding of over $50 million in early 2021, reflecting investor confidence in its growth potential and innovative approach to employee development.

16. Thinqi

• Website: thinqi.com
• Ownership type: Venture Capital
• Headquarters: Swansea, Wales, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 100%
• Latest funding: $199,000, March 2008
• Founded year: 1998
• Headcount: 51-200
• LinkedIn: cdsm-interactive-solutions

Thinqi, founded in 1998 and based in Swansea, Wales, is a provider of learning management systems that focuses on digital learning solutions. The company aims to enhance training and development for various sectors, including businesses, educational institutions, and healthcare organizations. Thinqi's platform features personalized dashboards, talent management tools, and a digital library, allowing organizations to manage their learning and compliance needs effectively. Over the years, Thinqi has made significant strides in the industry, notably by implementing the national learning system for schools in Wales and expanding its reach to schools in Egypt. With a team of around 41 employees, Thinqi continues to innovate and adapt to the evolving needs of learners and organizations alike.

17. Think Learning

• Website: think-learning.com
• Ownership type: Corporate
• Headquarters: Brighton And Hove, England, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 100%
• Latest funding: November 2024
• Founded year: 2004
• Headcount: 51-200
• LinkedIn: thinklearning

Think Learning, based in Brighton and Hove, England, is a corporate entity founded in 2004. With a workforce of approximately 57 employees, the company has carved out a niche in the educational technology sector. Think Learning provides a range of learning management solutions, including the Totara LMS, which is recognized for its compliance and learning capabilities. Their products are designed to enhance learner engagement and streamline performance management processes. The company serves a variety of industries, such as healthcare, banking, and education, demonstrating its ability to address the unique needs of different sectors. Think Learning's commitment to creating customized solutions and its focus on continuous professional development further solidify its position in the learning management systems market.

18. aNewSpring

• Website: anewspring.com
• Ownership type: Private
• Headquarters: Rotterdam, South Holland, Netherlands
• Employee distribution: Netherlands 90%, Germany 5%, Other 5%
• Founded year: 2003
• Headcount: 51-200
• LinkedIn: anewspring

aNewSpring, based in Rotterdam, Netherlands, is an e-learning platform that specializes in providing training solutions tailored for organizations and individual trainers. Founded in 2003, the company has developed tools that facilitate blended learning, adaptive learning, and comprehensive course management. Their platform allows users to create engaging training programs that are effective and scalable. aNewSpring serves a wide range of clients, including training providers and educational institutions, all seeking to improve learner engagement and retention. The company has built a reputation for its user-friendly interface and robust support services, which include customer success management and training improvement engineering. With a focus on continuous improvement and community engagement, aNewSpring actively participates in industry discussions and shares insights through webinars and collaborative sessions. This involvement highlights their commitment to advancing the e-learning sector and supporting their clients' success.

19. CYPHER Learning

• Website: cypherlearning.com
• Ownership type: Venture Capital
• Headquarters: Plano, Texas, United States (USA)
• Employee distribution: United States (USA) 70%, United Kingdom (UK) 13%, Mexico 7%, Other 10%
• Latest funding: $40.0M, June 2021
• Founded year: 2009
• Headcount: 51-200
• LinkedIn: cypher-learning

CYPHER Learning, based in Plano, Texas, is an education technology company that specializes in providing an AI-powered learning platform. Founded in 2009, the company has developed solutions for both businesses and educational institutions, focusing on learning management systems, course development, and personalized training. With a workforce of around 108 employees, CYPHER Learning has expanded its reach internationally, with a significant presence in the United States, the United Kingdom, and other countries. The company has received $40 million in funding as of June 2021, reflecting its growth trajectory and the confidence of investors in its business model. CYPHER Learning's platform is designed to streamline training processes, offering features such as automated course creation, skills development, and compliance training, making it a valuable resource for organizations aiming to enhance their training and educational efforts.

20. Raccoon Gang

• Website: raccoongang.com
• Ownership type: Private
• Headquarters: Miami, Florida, United States (USA)
• Employee distribution: Ukraine 89%, Estonia 6%, United States (USA) 2%, Other 2%
• Founded year: 2015
• Headcount: 51-200
• LinkedIn: raccoon-gang

Raccoon Gang, based in Miami, Florida, is an eLearning solutions provider that has been active since 2015. The company specializes in the development of learning management systems (LMS) and offers a range of instructional design services. They serve a variety of clients, including educational institutions, corporations, and non-profit organizations. Raccoon Gang is recognized as an official Open edX service partner, which highlights their expertise in this platform. Their offerings include online training software, consulting, and custom software development tailored to meet the unique needs of their clients. With a workforce primarily located in Ukraine, Raccoon Gang has successfully deployed over 1,100 platforms, reaching millions of learners worldwide. Their commitment to maximizing course ROI and enhancing educational outcomes positions them as a significant player in the eLearning industry.

21. EdApp : Better Microlearning

• Website: edapp.com
• Ownership type: Corporate
• Headquarters: New York, New York, United States (USA)
• Latest funding: $40.0M, September 2020
• Founded year: 2015
• Headcount: 11-50
• LinkedIn: ed---micro-learning

EdApp: Better Microlearning, based in New York, is a training solutions company that has carved out a niche in mobile learning management systems since its inception in 2015. The company provides a suite of products designed to facilitate efficient training for businesses and organizations across various industries. Their offerings include a robust course creation tool, an analytics suite for tracking progress and compliance, and a library of over 1,000 ready-made courses. EdApp emphasizes the importance of microlearning, allowing users to access training anytime and anywhere, which is particularly beneficial for part-time and casual staff. The company has also received $40 million in funding, reflecting its growth potential and the increasing demand for innovative training solutions. With a focus on gamification and user engagement, EdApp aims to transform the training experience, making it more interactive and effective.

22. Anthology Inc

• Website: anthology.com
• Ownership type: Private Equity
• Headquarters: Boca Raton, Florida, United States (USA)
• Employee distribution: India 52%, United States (USA) 27%, Colombia 12%, Other 9%
• Latest funding: January 2023
• Founded year: 2020
• Headcount: 1001-5000
• LinkedIn: anthologyinc

Anthology Inc, based in Boca Raton, Florida, is an educational technology provider that specializes in a wide array of software solutions tailored for educational institutions, businesses, and government agencies. Founded in 2020, the company has quickly made its mark by offering a comprehensive suite that includes Learning Management Systems (LMS), Student Information Systems (SIS), and CRM solutions. Their flagship LMS, Blackboard, is designed to facilitate modern learning experiences, making it accessible and effective for users across various sectors. Anthology's products aim to enhance operational efficiency and improve learning outcomes, catering to the unique needs of higher education, K-12, and corporate training environments. The company employs a significant workforce, with a notable presence in India, the United States, and Colombia, reflecting its global reach and commitment to educational innovation.

23. GOLS EdTech Pvt. Ltd.(formerly GurukulOnline Learning Solutions Pvt. Ltd.)

• Website: gols.in
• Ownership type: Private
• Headquarters: Mumbai, Maharashtra, India
• Founded year: 2001
• Headcount: 51-200
• LinkedIn: gurukulonline-learning-solutions

GOLS EdTech Pvt. Ltd., formerly known as GurukulOnline Learning Solutions Pvt. Ltd., is an educational technology firm based in Mumbai, Maharashtra, India. Established in 2001, the company specializes in providing eLearning solutions that cater to a variety of training needs. Their product suite includes the GOLS LMS, a customizable learning management system, and a comprehensive course library that features a wide range of subjects. GOLS also offers custom course development services, allowing organizations to tailor content to their specific requirements. The company serves clients across multiple industries, including financial services, healthcare, IT, and manufacturing, focusing on enhancing training and compliance through innovative digital learning experiences. GOLS EdTech is dedicated to delivering effective training solutions that empower organizations to achieve their learning objectives efficiently.

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