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Top 25 Learning Management Systems Companies With $5M–$10M Revenue (August 2026)

As of August 2026, Latka tracks 25 learning management systems companies with $5M–$10M in annual revenue. They have combined revenues of $182.4M and employ 1.7K people. They have raised $56.7M and serve 3.5M customers combined.

Every company below sells learning management systems to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Learning Management Systems Companies do

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
25
Revenue
$182.4M
Funding
$56.7M
Employees
1.7K

Filters

Sorting: Highest -> Lowest

Filters

Top Learning Management Systems Companies With $5M–$10M Revenue

Showing 10 of 25 companies ranked by annual revenue.

1Classpro logo
Classpro

Mumbai, Maharashtra, India

Classpro is a simple online software for managing Coaching Classes, Coaching Institute and Tuition Classes. Manage student admissions, payments, performance, attendance and conduct live classes on your institutes banded app.

Revenue
$9.7M
Customers
7.6K
Year founded
2011
Team size
10
2TeachTown logo
TeachTown

Woburn, Massachusetts, United States

Developer of computer aided instruction and new media products. The company offers autism software and video modeling-based programs. It provides TeachTown Basics, a computer-assisted instructional program that allows engaging on computer lessons along with motivational off computer activities for students.

Revenue
$8.9M
Year founded
2003
Funding
$5.6M
Team size
160
3Cogna logo
Cogna

London, England, United Kingdom

Cogna is a company that develops custom AI-powered software applications for critical industries, including manufacturing and logistics. It also operates as a private educational organization in Brazil under various brand names.

Revenue
$8.8M
Year founded
2023
Team size
69
4Sibme logo
Sibme

Houston, Texas, United States

Sibme improves the way professionals learn at work. We help teams build cultures of continuous improvement. Sibme’s AI-Enhanced Professional Learning and Coaching Platform powers self-reflection, virtual-and hybrid-coaching, peer-to-peer collaboration, cohort-based professional learning communities, and micro-credentials. Sibme works with more than 1,000 innovative schools, districts, and institutions–including Scholastic, the University of Texas, Gwinnett County Public Schools, and Cypress-Fairbanks ISD Sibme is designed by teachers. From K-12 and higher education to corporate learning & development, educators trust us to encourage critical conversations about real work, using real tools, with real people -- from anywhere at any time. Sibme’s Learning Engagement Platform embeds practice and collaboration in every workday, engaging employees while building a stronger community of learners. Sibme encourages teams to more frequently and authentically discuss the work, the challenges and, ultimately, the opportunities to maximize capacity through real-world experience. Here's what some of our partners have to say: ------------------------------------------------------ "In my 15 years as an administrator, nothing has been more impactful for improving classroom instruction than video coaching. Sibme improves what happens in the classroom by providing teachers the opportunity to see classroom practices through the same lens as the instructional coach. The results of this process benefit the academic performance of all students" ___ Dr. Tonya Goree | Assistant Superintendent for School Improvement and Transformation @ Cypress Fairbanks ISD "Sibme is a wonderful platform for our Educational Service District to use, for coaching elementary teachers on early literacy practices! The Sibme software makes virtual coaching organized and efficient. This is a GREAT way to collaborate asynchronously!" - Kimberly Blumke | Early Literacy Coach

Revenue
$8.5M
Year founded
2013
Team size
77
5Portia International logo
Portia International

Kanata, Ontario, Canada

Provider of SaaS Learning Management tools intended to treat autistic diseases. The company's software is designed to run on ABA clinic combining curriculum, electronic medical records and data collection, enabling autism and developmental delay clinical-care market to deploy best practices in their businesses to improve productivity, consistency of care, and clinic capacity.

Revenue
$8.4M
Year founded
2012
Team size
16
6Administrate logo
Administrate

Edinburgh, Scotland, United Kingdom

Developer of a training and learning management software designed to manage entire training operation. The company's platform is created specifically for training providers to manage their entire operation from one place, enabling organizations to help manage and automate the entire process of delivering education.

Revenue
$8.4M
Customers
1M
Year founded
2007
Funding
$12.3M
Team size
226
7Eduphoria! logo
Eduphoria!

Austin, Texas, United States

K-12 educational software

Revenue
$8.4M
Year founded
2004
Team size
76
8Eagle Point Software logo
Eagle Point Software

Dubuque, IA, United States

Eagle Point Software Corporation was founded in 1983 with its focus on helping AEC and manufacturing firms improve productivity. More than 40 years later, our passion remains the same. Eagle Point offers award-winning learning management software that drives productivity in technology users, helping organizations realize the full value of their Autodesk software and other business applications. With over 600,000 global registered users, our flagship solution, Pinnacle Series, has become the leader in Autodesk learning, knowledge capture and sharing, and productivity improvement.

Revenue
$8.4M
Year founded
1983
Team size
76
9BoodleBox logo
BoodleBox

Tysons, Virginia, United States

BoodleBox is a collaborative GenAI platform for higher education that enables professors and students to work together responsibly with top AI tools like GPT-4o, Claude, Gemini, and Perplexity, offering features like efficient class preparation, custom AI bots, and academic assessment.

Revenue
$8.2M
Team size
57
10Ready Education logo
Ready Education

Montreal, Canada

Ready Education is building the mobile OS for higher education. We…

Revenue
$8.1M
Team size
138

Frequently asked questions about Learning Management Systems Companies With $5M–$10M Revenue

How many learning management systems companies with $5M–$10M in annual revenue are there?

Latka tracks 25 learning management systems companies with $5M–$10M in annual revenue. Together they generate $182.4M in annual revenue and employ 1.7K people.

Which learning management systems company with $5M–$10M in annual revenue is the largest?

Classpro is the largest, with $9.7M in annual revenue, founded in 2011.

How much revenue does a typical learning management systems company with $5M–$10M in annual revenue make?

The average learning management systems company in this list makes $7.3M a year, across 25 companies with reported revenue. They serve 3.5M customers combined.

Who are the leading Learning Management systems vendors with $5M–$10M in annual revenue?

Ranked by annual revenue, the leaders are Classpro, TeachTown, Cogna, Sibme and Portia International.

How much funding have learning management systems companies with $5M–$10M in annual revenue raised?

The 25 learning management systems companies with $5M–$10M in annual revenue tracked here have raised $56.7M in disclosed funding between them.

Related Vertical Industry Software categories

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