AI-powered learning and skills platform HowNow has completed its Series A funding having raised a total of £7.5M. The round was led by Mercia Ventures and Pearson in February 2023, following previous investment from the two in 2023.
Headquartered in London, the learning and knowledge management system is designed to help businesses and teams upskill, share knowledge, and access relevant learning resources efficiently. Essentially, it helps organizations create a smarter, more accessible way for teams to learn and share knowledge while improving productivity.
Its total funding to date is over £10M, with the majority of this investment being used to drive product development and continued AI integration. Clients include TomTom, MoneyBox, Bausch & Lomb, UKTV, and Good Energy, as well as partnering with Pearson to deliver the UK Government's Learning and Skills Platform.
Nelson Sivalingam, Co-Founder & CEO at HowNow, commented: “With this funding, we’re not just doubling down on our commitment to upskill 10 million people by 2030 - we’re making it happen. Learning isn't about endless courses and hours logged; it is about the progress you can see, the skills you can use, and the growth you can measure.
"We’re here to change the way the world learns - connecting the dots between learning, skills, and real impact for people and organisations alike.”
In 2023, the UK's EdTech market was valued at approximately $6.73B and is projected to grow at a compound annual growth rate (CAGR) exceeding 10 percent from 2023 to 2028.
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