Learnerbly

Learnerbly operates a learning and development (L&D) marketplace for employers. Organisations allocate personal learning budgets (or team budget pots) to employees, who then choose resources from a curated marketplace of more than 200 providers spanning courses, books, coaching, conferences, e-learning subscriptions, apps, podcasts and articles. Named providers include Pluralsight, Skillshare, Perlego, Blinkist, Masterclass, Amazon Books, New York Times and Headspace. Learners select interests and preferred learning formats, and the platform curates and recommends relevant multi-modal resources; requests are submitted, approved by an admin, and fulfilled by Learnerbly.

For administrators, the platform provides request management and approval workflows, budget tracking per user and in aggregate, filters and an analytics dashboard for engagement and spend analysis, and consolidation of purchases from multiple providers into a single monthly invoice. It offers workplace integrations including Slack, HRIS-based automatic user provisioning and SSO, plus social features such as a live feed of requests and learning trends and a recommendation function. A Customer Success team supports onboarding and account reviews, with implementation stated as possible in as little as two weeks.

The company positions itself as distinct from an LMS, LXP or e-learning library, describing those as tools for top-down mandatory learning while Learnerbly supports self-directed, bottom-up learning; it states that clients use it either alongside or in place of an LMS/LXP. It has been recognised on G2 as a Mid-Market Leader for eLearning Content and Learning Experience Platforms.

Founding story

Founder and CEO Rajeeb Dey MBE founded Learnerbly in 2016 after running Enternships, a jobs marketplace for interns and graduates, where he had helped employers hire talent and then turned to how employers develop and retain staff. He identified that many businesses lack an L&D team or the expertise to evaluate the available content, and that professional development lacked quality control, which led to the idea of a curated marketplace for professional development. Dey has described himself as a non-technical, solo founder who prioritised hiring a CTO and COO to complement his sales and marketing background.

Business model

B2B SaaS-style marketplace sold to employers, principally HR and L&D teams. Employers fund learning budgets that employees spend in the marketplace; Learnerbly handles purchasing and fulfilment from providers and bills the employer through a single consolidated monthly invoice, so that employers pay for content actually consumed rather than enterprise-wide subscriptions. Support tiers are differentiated for Strategic and Enterprise clients.

Revenue is tied to employer learning budgets spent through the marketplace, with consolidated monthly invoicing; Learnerbly recommends an annual budget of around £400 per learner, with customers offering between £150 and £1,500 per learner annually.

Traction

The company reports 200+ client companies, a 95% employee activation rate, a 3x boost in learning engagement (elsewhere 3-4x versus other platforms and 40-60% monthly engagement), learners across 50+ countries with budgets in GBP, EUR and USD, and 450+ G2 reviews averaging 4.4/5. Customer-reported outcomes include 200+ hours of L&D admin time saved, a 12-point increase in a growth and development driver, and a 400% increase in learning budget utilisation. The team grew to 60+ people in 2021, and the US accounted for approximately 20% of revenue at the time of the Series A.

Latest developments

The platform markets AI-driven personalised learning pathways alongside its 200+ provider marketplace, advanced learning analytics for tying L&D to business priorities, and HRIS, SSO and workplace integrations, with US expansion including a listed Delaware office and the founder spending more time in the US market.