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Top 247 Learning Management Systems SaaS Companies in May 2026

As of May 2026, there are 247 SaaS companies in Learning Management Systems. They have combined revenues of $2.2B and employ 17.1K people. They have raised $861.5M and serve 34.8M customers combined.

A Learning Management System (LMS) is a software application or web-based platform designed to facilitate the planning, delivery, and assessment of educational and training programs. These systems provide a structured environment where organizations can create, manage, and track learning materials and learner progress. Common use cases for LMS include corporate training, compliance training, academic courses, and onboarding processes. LMS typically includes features such as course creation tools, user enrollment management, progress tracking, assessment and testing capabilities, and reporting functionalities. The primary users of these systems range from HR professionals and training managers to educators and instructional designers, aiming to enhance the learning experience through facilitated online education and training initiatives.

Companies
247
Revenue
$2.2B
Funding
$861.5M
Employees
17.1K

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Top Learning Management Systems Companies

Showing 10 of 247 companies ranked by annual revenue.

1
KnowBox

Beijing, China

Knowbox is a China-based educational technology company offering artificial intelligence-assisted mobile applications for schools and consumers to help children manage their homework.

Revenue
$275M
Customers
-
Year founded
2014
Funding
$250M
Team size
2.5K
Growth
-
2
GoGuardian

Los Angeles, California, United States

Developer of a SaaS based education management software designed to maximize the learning potential of every student. The company's software offers cloud-based granular filtering and self-harm alerts to teacher and student chat, artificial intelligence-based monitoring to receive up to 100x fewer false positives in web, classroom management tools to assist learning and geolocation and serial information to discover lost or stolen devices, enabling educators to identify learning patterns, protect students from harmful and distracting content and support students who are at risk of self-harm

Revenue
$147M
Customers
10M
Year founded
2014
Funding
-
Team size
497
Growth
-
3
Illuminate-Education

Irvine, California, United States

education technology company

Revenue
$126M
Customers
500
Year founded
2009
Funding
-
Team size
153
Growth
-
4
SchoolAI

Lehi, UT, United States

SchoolAI is a Student Success Platform that makes school awesome for students by helping the people who support them understand how they're doing and why. It provides educators with the time, data, and tools to design a better, more personalized classroom experience using AI tools that adapt to how students learn best.

Revenue
$91.6M
Customers
-
Year founded
2021
Funding
-
Team size
1K
Growth
-
5
Ex Libris

London, London, United Kingdom

Ex Libris, part of Clarivate Inc., a leading global provider of cloud-based solutions for higher education and research, is at the forefront of innovation. With four decades of experience, we deliver advanced SaaS solutions for managing and discovering the full spectrum of academic library and scholarly materials, as well as mobile campus solutions that drive student engagement and success. With thousands of customers across 90+ countries, Ex Libris is committed to developing the market's most up-to-date and user-friendly portfolio of library solutions. We are trusted by more than 6,500 institutions worldwide, spanning academic research and teaching institutions, as well as academic, research, and national libraries. We provide services in more than 22 languages, reaching 97 countries across six continents. Headquartered in London United Kingdom, we have research, development, and support centers around the world. For more information, please contact us at [email protected].

Revenue
$88.8M
Customers
-
Year founded
1986
Funding
-
Team size
807
Growth
-
6
Top Hat

Toronto, Ontario, Canada

education technology company

Revenue
$68M
Customers
750
Year founded
2009
Funding
$179.4M
Team size
456
Growth
30.19%
7
SumTotal Systems, LLC

Gainesville, Florida, United States

SumTotal, part of Cornerstone OnDemand, offers a unified, comprehensive Learning and Talent Development suite that delivers measurable impact across the entire employee lifecycle. With SumTotal, organizations can build a culture of learning that is critical to growth, success, and business sustainability. SumTotal’s award-winning technology provides talent acquisition, onboarding, learning management, and talent management solutions across some of the most innovative, complex, and highly regulated industries, including technology, airlines, financial services, healthcare, manufacturing, and pharmaceuticals. As part of Cornerstone, SumTotal is delivering more power, more growth opportunities, more expertise and more choice to HR, learning and talent leaders worldwide.

Revenue
$65.7M
Customers
-
Year founded
1985
Funding
-
Team size
597
Growth
-
8
Sana Labs

Stockholm, Sweden

Developer of digital educator's learning platform designed to make personalized education accessible to everyone. The company's platform uses artificial intelligence to closely personalize content to the needs of each student and learns everything the student does in real time determining their optimal learning pattern and predicts how they will perform on future interactions, enabling students to have better learning experiences.

Revenue
$52.1M
Customers
-
Year founded
2016
Funding
$82M
Team size
286
Growth
108.52%
9
Wayground

Santa Monica, California, United States

Quizizz is a teaching platform that lets you deliver instruction that's relevant for every student with a boost from AI. With Quizizz, educators can plan engaging yet rigorous quizzes, lessons, or activities for any grade level or subject in minutes. With over 50 million users across 150 countries, our global platform has been empowering educators to motivate and engage learners around the globe since its inception. We started by building features to gamify learning and make different assessments engaging and fun. Today, educators can plan their content in seconds, not weekends, with Quizizz AI and our vast library of over 400 million questions while having the flexibility to accommodate every student's needs with read-aloud, audio responses, translation, and leveled text. Keeping our core of motivating every learner, we offer multiple gamified-for-growth elements such as Power-ups, Team Mode, Leadership Boards, etc. Our platform is secure, with multiple platform integrations, SSO, and relevant offerings available for schools and districts. We make it possible. Teachers make it personal. Join our mission at www.quizizz.com and use your ideas to shape the future of learning.

Revenue
$47.5M
Customers
-
Year founded
2021
Funding
$3M
Team size
430
Growth
-
10
Faria Systems

London, England, United Kingdom

Developer of integrated information systems. The company develops an online platform that helps in reducing the paper work procedure in the international education system.

Revenue
$45.5M
Customers
3M
Year founded
2006
Funding
-
Team size
431
Growth
55.58%

Inclusion Criteria

- Must enable the development and management of online educational content - Must provide tools for tracking learner progress and performance - Must allow for assessments and quizzes to evaluate learner understanding - Must support user enrollment and course management functionalities - Not just for content hosting; must also include interactive features for learner engagement - Should cater to organizations involved in employee training, education, or certification