- Round2 Capital has made a 7-figure revenue-based financing investment to E-Learning Group
- ELG E-Learning Group GmbH provides flexible, high-quality digital education tailored to working professionals, ensuring accessibility and customization in learning through its modular course offerings
- The funding will enable ELG E-Learning Group GmbH to simultaneously grow its core operations, launch cutting-edge programs in AI and sustainability, and enter new international markets with the backing of Round2 Capital
Vienna, August 07th, 2024 – Round2 Capital is investing a 7-figure sum in ELG E-Learning Group GmbH to boost its digital education offerings, advance pioneering programs in AI and sustainability, and extend its reach into international markets.
ELG E-Learning Group GmbH (ELG), a leader in digital academic education and training, continues to innovate and expand its offerings to meet the growing demand for flexible and high-quality educational programs. Headquarted in Vienna, ELG serves a diverse client base, including 15,000 educational clients worldwide and 10,000 MBA students in the DACH region (Germany, Austria, Switzerland). The company has been recognized as the most popular distance learning provider in the DACH region, boasting a 96% recommendation rate.
E-Learning Group is active in the fast-growing online university education segment of the broader online education market. Customer preferences for flexible and accessible learning options, combined with advancements in technology, have contributed to this trend. ELG has proven to be a leader in this space by continuously evolving its offerings to meet the demands of modern learners. With a focus on digital and modular learning content, the company provides a diverse range of programs in business, management, economics, law, IT, health, and social sciences.
As an higher education group, ELG identified megatrends like digital transformation, sustainability, and AI early on and developed tailored study programs for working professionals. These programs are now set to be expanded to meet the growing demand and strengthen our market leadership with a broader course offering. To leverage further opportunities, E-Learning Group has now partnered with Round2 Capital.
The revenue-based finance investment and its flexible refinancing profile align perfectly with E-Learning Group’s business model. This non-dilutive funding enables the shareholders to retain control of the company while simultaneously seizing new growth opportunities.
Klaus Volcic, CEO of E-Learning Group, said: “As an education group, we have been the market leader in the highly competitive MBA segment for some time. We do not want to rest on our laurels. Instead, we now want to take the next steps and tap into new growth potential from a position of strength. We identified three areas for growth: Expansion of the core business for a stable liquidity foundation, differentiation through the development and establishment of study programmes for future skills such as AI and sustainability, as well as targeted internationalization and the development of entirely new markets. In Round2, we have found a partner that enables us to leverage these growth potentials simultaneously rather than one after the other.”
Gerd Sumah, Partner at Round2, added, “E-Learning Group has shown impressive performance as a leader in the fast-growing online university education market. Their foresight in identifying trends at an early stage has solidified their market position. We are confident that with Round2’s flexible and strategic growth capital, E-Learning Group is well-positioned to expand its core business, innovate further, and pursue targeted international growth, thereby strengthening its market leadership.”
About E-Learning Group
Founded in 2012, E-Learning Group GmbH is an education group with HQ in Vienna. The company focuses on digital and flexible academic education and training for working professionals. ELG counts 15,000 educational clients worldwide and 10,000 MBA students in the DACH region. Its education portfolio includes more than 160 courses in high-demand areas such as business administration, leadership, data science, artificial intelligence and sustainability.
ELGs customer-oriented online study format allows students to complete academic courses full-itme or part-time. Digital learning tools, personal study coaching and innovative exam technologies make sure that education fits perfectly in the students’ individual lives and preferences.
Above all, ELG is proud to offer high-quality education in an affordable way and, therefore, making it accessible to as many peaple as possible. Due to economies of scale and scope, ELG established cost leadership as a competitive advantage.
For more information about E-Learning, please visit: Website | LinkedIn
About Round2
Round2 Capital is a fast-growing pan-European growth investment firm with EUR 180m under management. Based in London and Vienna, the firm is a strong partner for European scale-ups and companies with digital and sustainable business models. Since its foundation in 2017, Round2 Capital has been pioneering revenue-based finance in Europe and is active in several European countries with both revenue-based finance and growth equity investments. To date, Round2 Capital has invested in 37 different software and technology scale-ups across 9 jurisdictions.
Round2 Capital is backed by the European Investment Fund (EIF) to support technology companies in the European Union. Round2 Capital Partners II is partially funded under the so-called “Mezzanin Dachfonds für Deutschland Fazilität 2”, a facility managed by EIF for the ERP Sondervermögen, represented by the German Federal Ministry for Economic Affairs and Energy (“Bundesministerium für Wirtschaft und Energie”), LfA-Gesellschaft für Vermögensverwaltung mbH and NRW.Bank Anstalt des öffentlichen Rechts.
For more information about Round2 Capital, please visit: Website | LinkedIn
Press contact for Round2:
Julian Bejer | jb@round2cap.com | +43 150 300 34
Press contact for E-Learning Group:
Manuel Fink | fink@e-learning-group.com
