Technology Nashville, TN 215 employees
K-12 Cloud Learning Management Platform
K-12 education SaaS platform serving 2,400+ school districts with $26M ARR and 95% retention
About This Business
Learnova provides a cloud-based learning management and student assessment platform used by 2,400+ school districts across 38 states. The platform supports curriculum alignment, formative assessment, and data-driven instruction for 4.2 million students. The business benefits from multi-year district contracts, ESSA compliance features, and deep LMS integrations that create high switching costs.
Key Highlights
2,400+ school district customers across 38 states serving 4.2M students
95% annual net retention rate with average contract value of $10,800
Multi-year contracts with 78% of revenue under agreements of 2+ years
ESSA and FERPA compliant with state-specific assessment alignment in 38 states
LMS integrations with Canvas, Schoology, and Google Classroom driving platform stickiness
Financial Overview
Reason for Selling
Venture investors are seeking an exit after a successful growth phase. The product is well-positioned for a strategic acquirer in the K-12 education technology space.
Documents Available in Data Room
Financial Statements
Tax Returns
Legal Documents
Operational Documents
Marketing Materials
Estimated Value
$34.1M – $41.1M
Asking Price
$37.6M
Company name and seller contact revealed after purchase. One-time fee.