Docebo has raised $3M in growth equity from Klass Capital to accelerate the growth of its SaaS enterprise E-Learning platform. This is Docebo’s second venture backed financing round, originally funded by a leading Italian Venture Capital firm Principia SGR.

Docebo (Latin for “I will teach”) provides a Corporate Learning Management System (LMS) that enables organizations of all sizes to plan, deliver, track and certify online and classroom training activities. Docebo plans to use the funds to invest in its North American expansion and finance the continued development of its e-Learning ecosystem.

The Company is an international SaaS provider. Over 800 B2B clients use the system in over 80 countries worldwide (including Bloomberg Institute, Thomson Reuters, FreshBooks, Autodesk amongst others) and it is available in over 30 languages. The Company has offices in the United States, Italy and Dubai. 

Claudio Erba, Chief Executive Officer of Docebo, attributes the Company’s success to two things: “ the ease-of-use and intuitive design of its platform, along with its proprietary sales and marketing process”.  According to Claudio, Docebo’s ‘secret-sauce’ consists of a “multi-channel customer relationship strategy and engine”.

The Company’s North American headquarters are located in Athens GA and led by Alessio Artuffo, Chief Operating Officer.  Artuffo explains that “Athens is an ideal fit for us, offers the potential for a highly educated workforce, a great life quality, and access to new talent annually from the University. As interesting as it may sound, it is currently from Athens that we coordinate and execute the Docebo’s  market expansion in the UK, North America, and Latin America, and grew the business at about 300% in 2014”.

Erba and Artuffo are incredibly thrilled for the company’s Global growth and its expansion in the North American market: “ We are extremely excited, and feel very fortunate to partner with Klass to further accelerate our global growth and ultimately continue building our teams and outstanding services for our customers.” 

Docebo North America is currently looking at creating more jobs in its Athens office, and shortly doubling its current staff, of currently 8 people, in various areas from Support, Sales, Project Management and Software Development.