D2L

Kitchener, Canada Founded: 1999 • Age: 27 yrs
Learning management systems are provided for multiple sectors.
Annual revenue $196.6M Latest available
Total funding $243.8M 4 rounds
Employees 1000 Tracked headcount
Investors 7 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About D2L

D2L is a company based in Kitchener (Canada) founded in 1999 by John Baker. D2L has raised $243.82 million across 4 funding rounds from investors including SVB, Graham Holdings Co and Aurion Capital Management. The company has 1,000 employees as of January 31, 2024. D2L has completed 5 acquisitions, including Course Merchant, H5P and Knowillage. D2L offers products and services including Brightspace, D2L Lumi, D2L Creator+, and D2L Performance+. D2L operates in a competitive market with competitors including Degreed, Instructure, Docebo, CoachHub and Skillsoft, among others.

  • Headquarter Kitchener, Canada
  • Employees 1000 as on 31 Jan, 2024
  • Founders John Baker
  • Stage Public
  • Sectors
    Technology
    Education
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name D2l, Inc.
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Education → Education Technology (EdTech) Unlock Sub-Sector Unlock Segment
Education → Education Technology (EdTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $196.63 M (USD)
    14.93
    as on Jan 31, 2024
  • Net Profit
    $24.64 M (USD)
    841.63
    as on Jan 31, 2024
  • EBITDA
    $13.47 M (USD)
    438.81
    as on Jan 31, 2024
  • Total Equity Funding
    $243.82 M (USD)

    in 4 rounds

  • Latest Funding Round
    $77.72 M (USD), Series B

    Aug 14, 2014

  • Investors
    SVB

    & 6 more

  • Employee Count
    1000

    as on Jan 31, 2024

  • Investments & Acquisitions
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IPO & Listings of D2L

D2L is a publicly listed company on the TSX with ticker symbol DTOL in Canada, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: TSX · Ticker: DTOL · Sector: Technology services · Canada

Products & Services of D2L

D2L offers a comprehensive portfolio of products and services, including Brightspace, D2L Lumi, D2L Creator+, and D2L Performance+.

Product name locked
Category locked
Primary

Platform for personalized learning and content delivery

Product name locked
Category locked
Locked

AI tool for efficient course creation and insights

Product name locked
Category locked
Locked

Tool to build interactive content for engagement

Product name locked
Category locked
Locked

Software for tracking learner data and decisions

People of D2L

Headcount 50-200
Employee Profiles 47
Board Members and Advisors 6
Employee Profiles
People
Ira Stuchberry
SVP & Deputy General Counsel
People
Puneet Arora
Chief Revenue Officer
People
John Baker
CEO & Board Chair
People
Nick Oddson
Chief Technology Officer

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Board Members and Advisors
people
Tim Connor
Director
people
Tracy Edkins
Director
people
David Johnston
Director
people
Robert Courteau
Director

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Funding Insights of D2L

D2L has successfully raised a total of $243.82M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $77.72 million completed in August 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in D2L

D2L has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include SVB, Graham Holdings Co and Aurion Capital Management.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Stage-agnostic tech-focused VC firm investing in geographies such as the US
Locked Locked Locked
Tech focused expansion stage VC firm in the US
Locked Locked Locked
Venture capital investments are offered to startups by NEA.
Locked Locked Locked
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Investor details for D2L

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  • Investor locations
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Investments & Acquisitions by D2L

D2L has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Course Merchant, H5P and Knowillage.

Investments
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Investment portfolio details for D2L

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Interactive content publishing systems are offered for creation and sharing.
Locked Locked 2014 Locked
Adaptive learning platform for personalized student pathways is offered.
Locked Locked 2011 Locked
Courses are sold, marketed, and managed on an online platform.
Locked Locked 2009 Locked
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Complete acquisition details for D2L

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  • Domains and locations

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Financial Statements - D2L

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Detailed financials for D2L

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D2l Comparisons

D2L Primary company
Description
Learning management systems are provided for multiple sector...
Location
Kitchener, Canada
Founded Year
1999
Annual Revenue
$196.63 M (USD)
Net Profit
$24.64 M (USD)
EBITDA
$13.47 M (USD)
Employees
1,000
As of 2024
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Peer comparison for D2L

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Competitors of D2L

D2L operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Degreed, Instructure, Docebo, CoachHub and Skillsoft, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud-based LMS platform tracks skills across industries.
Locked Locked Locked
Cloud-based learning management systems are provided for educational courses.
Locked Locked Locked
Cloud-based learning management system for corporate employee training is provided.
Locked Locked Locked
Provider of online coaching and professional development solutions
Locked Locked Locked
E-learning platforms are provided for professional skills and compliance training.
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Detailed competitors of D2L

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on D2l

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Complete news archive for D2L

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Frequently Asked Questions about D2L

D2L was founded in 1999 and raised its 1st funding round 13 years after it was founded.

D2L is headquartered in Kitchener, Canada. It is registered at Kitchener, Ontario, Canada.

John Baker is the current CEO of D2L. They have also founded this company.

D2L is a funded company, having raised a total of $243.82M across 4 funding rounds to date.

As of Jan 31, 2024, the latest employee count at D2L is 1,000.

Annual revenue of D2L is $196.63M as on Jan 31, 2024.

D2L was founded in 1999 in Kitchener, Canada, as a provider of learning management systems across education and corporate sectors. Virtual and professional learning solutions are offered, including tools for blended, virtual, and workplace training. Services encompass customer, employee, and partner development programs for organizations. Classroom learning management and corporate training tools are also supported through its product suite.

D2L's top competitors include Instructure, CoachHub and Docebo.

D2L offers Brightspace, D2L Lumi, D2L Creator+, and D2L Performance+.

Yes, D2L is publicly traded on TSX under the ticker symbol DTOL.

D2L has made 5 acquisitions, including Course Merchant, H5P, and Knowillage.

The ticker symbol of D2L is DTOL on TSX.

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