eLearning Brothers, LLC

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eLearning Brothers, LLC - overview

Established

2009

Location

American Fork, UT, US

Primary Industry

Software

About

eLearning Brothers, LLC provides innovative eLearning solutions focused on corporate training development. Their offerings enhance learning engagement through customizable courses and immersive environments. Founded in 2009 in American Fork, US, eLearning Brothers, LLC specializes in eLearning solutions. The company has undergone strategic expansions, most recently raising USD 54.


00 mn in a GROWTH round on February 2, 2022, with investments from RLG Capital and Trinity Private Equity Group. The founders, Andrew Scivally, Brian Edelman, and David Connections, have contributed extensive experience to the company, with Andrew Scivally currently serving as the CEO. ELB Learning specializes in innovative eLearning solutions tailored for corporate training and development. The company’s core product offerings include customizable eLearning course development, gamified learning environments, and virtual reality training experiences, aimed at enhancing employee engagement and improving training outcomes.


ELB Learning serves a diverse client base that includes organizations across various industries such as manufacturing, finance, technology, and healthcare, facilitating effective learning experiences for employees. Its platforms, such as the Rockstar Learning Platform and CourseMill™, support automated learning management and blended learning strategies, ensuring accessible training solutions. The company markets its products primarily in North America and Europe, catering to organizations seeking to modernize their training approaches and leverage technology for enhanced employee development. ELB Learning generates revenue through a combination of subscription-based models and direct partnerships with corporate clients.


Clients typically engage ELB Learning for tailored training solutions, which may involve one-time fees for course development or ongoing subscription fees for access to their platforms and resources. Revenue streams include flagship products such as The Training Arcade® for gamified learning experiences and various authoring tools like Lectora™ and ReviewLink™. These offerings are sold directly to businesses, with structured pricing plans that reflect the complexity and customization of services provided. By focusing on delivering high-quality, scalable learning solutions, ELB Learning establishes long-term relationships with clients, contributing to a sustained revenue flow through recurring engagements and new projects.


In February 2022, RLG Capital and Trinity Private Equity Group invested USD 54. 00 mn in eLearning Brothers, LLC. This investment will support the company in continuing to expand and develop its product offerings and services. ELB Learning is focused on launching new innovative solutions and exploring expansion into additional markets, specifically targeting European regions by 2024.


Current Investors

HCAP Partners, Trinity Private Equity Group, RLG Capital

Primary Industry

Software

Sub Industries

Education & Training Services, Education & Training Website, Education & Training Software

Website

www.elearningbrothers.com

Verticals

Cloud Computing, EdTech, Mobile Apps

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

eLearning Brothers, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedCoreAxis-
GrowthCompletedeLearning Brothers, LLC-
Add-onCompletedOrigin Learning-
Add-on, Trade SaleCompletedRebellion Training, LLC-
Add-onCompletedThe Game Agency, LLC-

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