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OpenSesame

opensesame.com

Founded Year

2011

Stage

Series D | Alive

Total Raised

$103.73M

Last Raised

$50M | 2 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+60 points in the past 30 days

About OpenSesame

OpenSesame helps develop productive workforces by offering a comprehensive catalog of elearning courses. The company supports companies in finding courses, mapping them to core competencies, syncing them with a learning management system (LMS) to increase utilization and improve learning & development (L&D) programs.

Headquarters Location

1629 SW Salmon Street

Portland, Oregon, 97205,

United States

503-808-1268

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ESPs containing OpenSesame

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Emerging Tech / ERP

Learning and development companies offer clients technology to train employees on business-related topics.

OpenSesame named as Leader among 12 other companies, including Go1, Guild Education, and BetterUp.

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Research containing OpenSesame

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned OpenSesame in 2 CB Insights research briefs, most recently on Jul 29, 2021.

Expert Collections containing OpenSesame

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

OpenSesame is included in 3 Expert Collections, including Education Technology (Edtech).

E

Education Technology (Edtech)

2,709 items

These companies offer tech-enabled solutions that facilitate education and learning for people of all ages, from pre-K to adult and professional education.

H

HR Tech

4,153 items

S

Store management tech (In-store retail tech)

385 items

OpenSesame Patents

OpenSesame has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/24/2014

Virtual learning environments, Content delivery network, Learning management systems, Educational technology, Distance education

Application

Application Date

4/24/2014

Grant Date

Title

Related Topics

Virtual learning environments, Content delivery network, Learning management systems, Educational technology, Distance education

Status

Application

Latest OpenSesame News

Learnsoft Momentum Continues: Mobile App Launch, Hiring, Customer Expansion

Feb 14, 2023

Share Learnsoft announced its continuing commitment to solving learning and development issues for organizations in highly-regulated industries with the release of a new mobile app. With the support of investor funding in 2022, the launch of the mobile app deeply enhances Learnsoft’s ability to make learning as easy and accessible as possible to workers wherever they need to learn. Additionally, the company has offered new product features, enhanced platform usability, announced partnerships and closed an exciting new sector expansion all within the past few months. In order to deliver the highest quality of Learning Management System (LMS) and Training Management System (TMS) software, Learnsoft has brought on new members of the team to help drive business forward. Committed to Increasing Learner Mobility Learnsoft is branching into the mobile application space in early 2023. Their cloud-based LMS will soon be available to any learner via the GooglePlay or App store. This will offer flexibility for any team member regardless of location, tech-savviness or job title. The saas-based technology ensures progress is easily transferred between devices and progress is saved in real time, creating a more comfortable user experience. Continuing to Improve Learner Engagement From conversations with customers throughout the last few months, the Learnsoft team has learned that struggles with engagement span beyond usability of the platform. Many customers struggle with offering engaging content modules. Learnsoft has partnered with OpenSesame to offer customers access to their library of industry-relevant content and training modules. The content library paired with the easy-to-use LMS will be able to help maximize learner productivity and worker efficiency. Business is Expanding Learnsoft strives to provide the best LMS and TMS solutions for any organization regardless of unique needs. The flexibility of the platform has allowed for the recent expansion into the hospitality industry. Cherokee Nation Casino will be implementing Learnsoft’s LMS across their 10 locations. “As we all have seen during the pandemic and the ‘Great Resignation’ there is a tremendous need for employers to continue to develop, train, and enable their employees. Employers are facing failed compliance efforts, ineffective training practices, and lack of content availability when trying to upskill their workforces,” shared  Robbie Abt , CEO. “Meeting employees where they are, and how they want to learn, is a challenge that organizations of all sizes continue to face,” Abt continued, “maintaining a highly-skilled and compliant workforce is possible with the right tools and technology.” Learnsoft is combating the challenges faced by employers by continually optimizing their LMS and TMS platforms, including improvements in the product’s interface to provide a more seamless user experience, as well as enhanced modules and features. The Team is Growing Learnsoft’s rapid growth has called for several new hires across marketing, customer success and technology. The most recent hire being Craig Connell, SVP of Technology and Engineering to lead technology and engineering teams as the organization continues to build a scalable and process-oriented technology and engineering strategy. His experience in venture capital as well as SaaS-based complex enterprise technologies will help Learnsoft deliver the best cloud-based LMS technology to highly regulated industries.

OpenSesame Frequently Asked Questions (FAQ)

  • When was OpenSesame founded?

    OpenSesame was founded in 2011.

  • Where is OpenSesame's headquarters?

    OpenSesame's headquarters is located at 1629 SW Salmon Street, Portland.

  • What is OpenSesame's latest funding round?

    OpenSesame's latest funding round is Series D.

  • How much did OpenSesame raise?

    OpenSesame raised a total of $103.73M.

  • Who are the investors of OpenSesame?

    Investors of OpenSesame include Altos Ventures, FTV Capital, JMI Equity, Paycheck Protection Program and Partech Partners.

  • Who are OpenSesame's competitors?

    Competitors of OpenSesame include Udemy and 1 more.

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