As of August 2026, Latka tracks 3 learning management systems companies with $100M+ in annual revenue. They have combined revenues of $548M and employ 3.2K people. They have raised $250M and serve 10M 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.
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.
Sorting: Highest -> Lowest
Showing 3 of 3 companies ranked by annual revenue.
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.
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
Latka tracks 3 learning management systems companies with $100M+ in annual revenue. Together they generate $548M in annual revenue and employ 3.2K people.
KnowBox is the largest, with $275M in annual revenue, founded in 2014.
The average learning management systems company in this list makes $182.7M a year, across 3 companies with reported revenue. They serve 10M customers combined.
Ranked by annual revenue, the leaders are KnowBox, GoGuardian and Illuminate-Education.
The 3 learning management systems companies with $100M+ in annual revenue tracked here have raised $250M in disclosed funding between them.
- 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
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