LearnWorlds in a $32M deal backed by Insight Partners.

LearnWorlds, a Limassol, Cyprus-based SAAS startup operating an all-in-one platform for creating and selling online courses, announced closing in a $32 million funding round.

The money was raised from investors led by Insight Partners and joined by existing shareholders from Marathon VC.

Proceeds will be used to advance its product roadmap, boost its customer success and accelerate marketing and sales focused on SMBs. LearnWorlds expects that the company will more than double its staff from 80 to 170 full-time employees in the next year, expanding the team internationally, beyond its current headquarters in Greece and Cyprus.

LearnWorlds, founded in 2014 by Fanis Despotakis, George Palegeorgiou and CEO Panos Siozos, provides a no-code, white-label, all-in-one platform where educators and content creators can create, host, market, and sell highly interactive and engaging online courses. The company says it has over 4,300 customers in more than 120 countries, including solo "edupreneurs", SMBs and large-training corporate sellers of online educational courses, as well as startups and corporations that provide online training for their customers and employees.

LearnWorlds previously raised $1.1 million in 2019.