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Top 28 Online Learning Platforms Companies With $1M–$5M Revenue (August 2026)

As of August 2026, Latka tracks 28 online learning platforms companies with $1M–$5M in annual revenue. They have combined revenues of $73.7M and employ 763 people. They have raised $40.9M and serve 22M customers combined.

Every company below sells online learning platforms 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 Online Learning Platforms Companies do

Online Learning Platforms (OLPs) are digital environments designed to deliver educational content and facilitate learning through technology. These platforms enable access to courses, tutorials, and instructional materials across various subjects, allowing learners to engage with educational content at their convenience. Typical features of OLPs include course management, multimedia content delivery, assessments, and progress tracking, enhancing the learning experience for users. The primary use cases for OLPs include online course delivery, corporate training, and skill development. They are widely used by educational institutions, businesses, and individuals looking to acquire new knowledge or enhance existing skills. Common buyer personas include educators, corporate training managers, and learners seeking flexible learning options, highlighting the diverse applications of these platforms in both formal and informal learning environments.

Companies
28
Revenue
$73.7M
Funding
$40.9M
Employees
763

Filters

Sorting: Highest -> Lowest

Filters

Top Online Learning Platforms Companies With $1M–$5M Revenue

Showing 10 of 28 companies ranked by annual revenue.

1Drops - a Kahoot! company logo
Drops - a Kahoot! company

United States

Language learning made easy. Drops is the new way to learn a language that is unlike anything you’ve seen. It has a cult following and became the fastest-growing language learning app on iOS and Android; and was chosen as Google Play's 2018 App of the Year. The short, visual games make language learning a fun part of your daily routine and not a chore, making it easy to learn one or more of Drops’ 45+ languages. Drops was founded in 2015 by Daniel Farkas and Mark Szulyovszky; language obsessives who were sick and tired of the old way language, was learned and believed in finding a better solution. With the mission to enrich your life through language, Drops is the language app of choice for learners of all ages and all levels. After many years of being a boot-strapped startup, Drops became a member of the Kahoot! family at the end of 2020.

Revenue
$4.4M
Year founded
2015
Team size
40
2SuperKalam logo
SuperKalam

Bengaluru, Karnataka, India

India's first personal mentor & discipline inducing learning ecosystem

Revenue
$4.4M
Year founded
2023
Team size
29
3Berkeleytime logo
Berkeleytime

Berkeley, California, United States

Berkeleytime is a software system for online course discovery for students. It is dedicated to simplifying the course discovery experience and improving access to educational resources, primarily for the higher education sector.

Revenue
$4.1M
Year founded
2012
Team size
26
4Cidi Labs logo
Cidi Labs

Salt Lake City, UT, United States

Cidi Labs provides tools for Canvas that help organizations scale their course design and delivery practices. Our model is to partner with institutions that have developed innovative tools that solve important instructional design problems and "SaaS-ify" those tools to make them broadly available and fully supported. With more than 300 higher education and K-12 organizations as customers, institutions of all sizes are improving their course design and development practices with Cidi Labs tools.

Revenue
$4M
Year founded
2016
Team size
36
5Magoosh logo
Magoosh

San Francisco, California, United States

Developer of an online test preparation platform designed to erase examination anxiety from students. The company's platform provides test-prep services to students preparing for standardized examinations with the use of short-form video snippets allowing them to practice real problems using mobile applications and online study material, enabling students to prepare for their examinations in fast and easy manner, with the help of mobile and computer devices.

Revenue
$3.9M
Customers
1.5M
Year founded
2009
Team size
58
6SigIQ.ai logo
SigIQ.ai

Berkeley, California, United States

SigIQ.ai is on a mission to make world-class, one-on-one tutoring available to every learner on the planet—powered not by costly human labor, but by the most advanced generative AI. Founded in 2023 in Berkeley by Dr. Karttikeya Mangalam and UC Berkeley’s Prof. Kurt Keutzer, we’re solving Bloom’s Two Sigma Problem—bringing the life-changing impact of elite tutors to billions, at infinite scale. Our AI tutors plan study paths, pinpoint knowledge gaps, adapt in real time, and coach learners to mastery—whether for India’s UPSC or the U.S. GRE. In 2024, we proved what’s possible: our AI aced the UPSC Prelims (175/200) in under 7 minutes, outperforming 1.3M human candidates. With PadhAI (200K+ learners, 4.9★) and EverTutor.ai (10K+ students in months) already transforming outcomes, and $9.5M in seed funding from The House Fund, GSV Ventures, Duolingo, and leading AI pioneers, we’re building the future of learning—where cutting-edge AI meets human potential. PS: In Stealth is our most exciting offering -- EverTutor Live, a zoom like 1:1 experience for math learning!

Revenue
$3.7M
Year founded
2023
Team size
34
7Yousician logo
Yousician

Helsinki, Finland

Developer of a mobile, desktop and web applications designed to offer interactive music instrument learning experience. The company's education platform offers anyone to learn, play, create and teach music, enabling users to shape the content themselves.

Revenue
$3.6M
Customers
20M
Year founded
2010
Funding
$32.8M
Team size
140
8Languatalk logo
Languatalk

Medford, Oregon, United States

Platform for learning languages online with talented tutors.

Revenue
$3.5M
Year founded
2021
Team size
30
9ByteByteGo logo
ByteByteGo

San Francisco, California, United States

Weekly system design newsletter you can read in 10 mins.

Revenue
$3.5M
Year founded
2019
Team size
26
10Habitate logo
Habitate

Chennai, Tamil Nadu, India

Habitate is a no-code community platform that helps brands build communities on both app and website. Our clientele is spread across ed-tech, SaaS, FinTech companies from India. Habitate is founded by Deepak and co-founded by Venkat and Naveen in Dec 2019. We are a Chennai based startup backed by the First cheque VC and other angel investors. Our vision is to help brands build happy and successful communities. We are also building a community of community enthusiasts and leaders at www.communitycoldcoffee.com and discussing community building every Saturday with #CMGRs and #CommunityLeaders https://calendly.com/habitateio/communitycoldcoffee Wanna learn about community building through our newsletter? Subscribe to https://www.getrevue.co/profile/CommunityColdCoffee

Revenue
$3.3M
Year founded
2016
Team size
30

Frequently asked questions about Online Learning Platforms Companies With $1M–$5M Revenue

How many online learning platforms companies with $1M–$5M in annual revenue are there?

Latka tracks 28 online learning platforms companies with $1M–$5M in annual revenue. Together they generate $73.7M in annual revenue and employ 763 people.

Which online learning platforms company with $1M–$5M in annual revenue is the largest?

Drops - a Kahoot! company is the largest, with $4.4M in annual revenue, founded in 2015.

How much revenue does a typical online learning platforms company with $1M–$5M in annual revenue make?

The average online learning platforms company in this list makes $2.6M a year, across 28 companies with reported revenue. They serve 22M customers combined.

Who are the leading Online Learning platforms vendors with $1M–$5M in annual revenue?

Ranked by annual revenue, the leaders are Drops - a Kahoot! company, SuperKalam, Berkeleytime, Cidi Labs and Magoosh.

How much funding have online learning platforms companies with $1M–$5M in annual revenue raised?

The 28 online learning platforms companies with $1M–$5M in annual revenue tracked here have raised $40.9M in disclosed funding between them.

Related Vertical Industry Software categories

Inclusion Criteria

- Must provide a structured environment for delivering educational content - Should support a variety of content types, including videos, quizzes, and interactive activities - Must include user engagement features such as forums or chat for learner interaction - Should offer progress tracking and reporting capabilities for both learners and administrators - Must cater to multiple learning paths and styles, accommodating diverse learner needs - Not just a repository of resources; must also facilitate course management and assessments