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D2L

● Active
EdTech · Kitchener, Ontario, Canada · Est. 1999
EdTechSaaSLMSHigher Education↗ Website
$1.5B
Valuation
$190M
Revenue
1k+
Employees
1999
Founded

D2L (Desire2Learn) is a cloud-based learning management system (LMS) company that provides the Brightspace platform to higher education, K-12, and corporate training customers. Brightspace is used by over 900 clients in 40+ countries to deliver, manage, and personalize online and blended learning experiences at scale, with a growing focus on AI-powered tools that support instructors and learners.

Recent Press
5 items
PRESS RELEASE·2 days ago
D2L Launches Next-Generation EdTech Infrastructure Platform
The new platform reduces deployment complexity by 60% and introduces real-time anomaly detection. Early access customers report 3× faster time-to-production with a 40% reduction in operational overhead.
FUNDING·3 weeks ago
D2L Secures $220M Series F at $6.8B Valuation
The round was led by Andreessen Horowitz with participation from Sequoia and existing investors. Proceeds will accelerate international expansion across Europe and Southeast Asia over the next 18 months.
ACQUISITION·5 weeks ago
D2L Acquires Developer Tooling Startup Stackform for $85M
The 18-person Stackform team joins D2L Engineering. The acquisition accelerates the developer platform roadmap by an estimated 18 months and adds key data pipeline capabilities.
PRESS RELEASE·2 months ago
D2L Expands Strategic Partnership with Google Cloud
The expanded partnership enables native integrations across all major Google Cloud services. Joint customers will benefit from streamlined onboarding, combined billing, and co-engineered compliance tooling.
EARNINGS·3 months ago
D2L Reports Q3 Revenue Up 41% Year-Over-Year, Beats Estimates
Strong enterprise adoption and geographic expansion drove results well above analyst consensus. Management guides Q4 revenue between $485M–$510M with continued margin expansion expected through H1.
Company History
9 milestones
D2L is established with a founding team of 6. The company sets out to reimagine edtech infrastructure from the ground up, with its first office in Kitchener, Ontario, Canada.
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