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§ Private Profile · New York City, NY, USA
Learning Management System (LMS) for universities & organizations, powered by Open edX. Offers income share agreements for student tuition financing.
Edly is an educational technology and financial services company that provides a full-stack Learning Management System powered by Open edX and offers income-based repayment student loans. The organization develops scalable digital learning platforms that have collectively supported a user base of over 45 million global learners across the higher education and corporate training sectors. Its software infrastructure serves prominent academic institutions and universities, specifically including Harvard, Stanford, and MIT. Edly operates on a software-as-a-service business model for its enterprise learning products, with base subscription pricing starting at $300 per month. Additionally, the company functions as an educational fintech platform that connects social impact investors with underserved college students through flexible tuition financing and income share agreements. The company's specific founding year, primary headquarters location, and original founders are not publicly disclosed in available corporate records.
Edly has raised $180.0M across 2 funding rounds.
Edly has raised $180.0M in total across 2 funding rounds.
Edly has raised $180.0M in total across 2 funding rounds.
Edly's investors include Jim Regan, Robert Lee, Sfventures Group LLC.
Edly has raised $180.0M across 2 funding rounds. Most recently, it raised $175.0M Debt in March 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 9, 2022 | $175M Debt Financing | JIM Regan, Robert LEE | — | Announced |
| Jun 1, 2021 | $5M Series A | — | Sfventures Group LLC | Announced |
Edly is an ambiguous name that refers to at least two different organizations in education technology and student-finance; below I profile both commonly encountered entities so you can pick the correct one. The first profile (Edly — Open edX / LMS provider) is the clearer match if you meant an ed‑tech product company that builds learning platforms; the second (Edly — U.S. student‑loan / income‑share–style lender) describes a different firm focused on financing higher education. Each profile follows your requested sections.
Edly (Open edX–based Learning Management System — LMS provider)
High‑Level OverviewEdly is a full‑stack learning management and training platform built on the Open edX stack that offers hosted, white‑label LMS solutions for universities, corporations, nonprofits and training providers; it emphasizes large‑scale learner engagement and e‑commerce capabilities for paid course programs[3][1]. Edly’s product is positioned as an enterprise LMS + learning experience platform (LXP) that serves course creators, institutions and corporate training teams by enabling course authoring, multi‑site deployments, localization, mobile learner apps, assessments and analytics; the company has been referenced as serving millions of learners through platforms it helped build[3][1]. Growth signals include commercial listings, product pages describing enterprise features, and third‑party software review listings that show published pricing and customer reviews[3][1].
Origin StoryEdly’s public-facing product site and listings present it as an Open edX‑specialist provider that packages and supports Open edX for customers (the site emphasizes Open edX as the underlying engine and white‑label delivery capabilities)[3]. Available vendor profiles and software marketplaces show Edly operating as a cloud ed‑tech business with a team offering implementation, hosting and managed services for clients[2][1]. Specific founder names and a narrow founding‑year story are not prominent on the vendor site and summary directories I found[3][2]; those details are not available in the sources cited here.
Core Differentiators
Role in the Broader Tech LandscapeEdly rides the long‑term trend of institutions and corporates moving toward scalable, branded online learning experiences and monetized course offerings; Open edX powers many large deployments, and vendors that package Open edX for enterprise customers are positioned to capture demand for hosted, customizable learning platforms[3][1]. Market forces helping Edly include continued corporate upskilling demand, lifelong learning subscription models, and growth in remote and hybrid learning implementations that need enterprise features (ecommerce, multi‑tenant sites, mobile apps)[3][1].
Quick Take & Future OutlookIf Edly continues to focus on Open edX enterprise deployments, its near‑term opportunities are in corporate L&D, professional credentialing, and higher‑education digitization where institutions want branded, scalable platforms; success will hinge on product differentiation (ease of use and integrations), reliable managed hosting and continued evidence of large deployments. Public materials lack full leadership/founding transparency, so for vendor diligence you should request executive and customer case details directly from the company[3][1].
Edly (U.S. student‑finance / income‑based tuition funding platform)
High‑Level OverviewA different company named Edly operates as a U.S. platform connecting students seeking tuition financing with investors interested in social‑impact education investments; this Edly focuses on income‑based repayment loan products (IBR Loans) and related student‑finance solutions, reportedly positioning itself as an alternative tuition‑funding mechanism in the U.S.[5]. The platform serves prospective students, educational institutions and impact investors by structuring tuition financing tied to income‑based repayment terms and, according to business listings, has pursued acquisitions in specialized verticals such as nursing education financing[5].
Origin StoryPublic business profiles list Edly as a small U.S. firm with headquarters information and outline its focus on income‑based repayment loan products for tuition financing; specific founding year and founder biographies are not clearly presented in the directory summaries I found[5]. Coverage of a corporate action (acquisition of Avenify to expand income‑based nursing student loans) is cited in industry reporting, indicating strategic moves to broaden product reach in healthcare education financing[5].
Core Differentiators
Role in the Broader Tech LandscapeThis Edly operates at the intersection of fintech, student‑finance reform and social‑impact investing; timing matters because rising tuition, student‑debt policy debates, and workforce shortages (e.g., healthcare) increase demand for alternative tuition models. Market forces favor platforms that can combine investor capital with repayment models aligned to graduate earnings, but regulatory, credit and servicing complexity also present obstacles[5].
Quick Take & Future OutlookIf regulatory acceptance and investor appetite for education‑tied repayment instruments continue, this Edly can grow by verticalizing into fields with strong job prospects (nursing, tech bootcamps) and by demonstrating loan performance and impact metrics; conversely, outcomes depend on underwriting, borrower protections, and how well the company scales servicing and investor relations[5].
Notes, limits and recommended next steps
Which Edly should I deep‑dive into (the Open edX/LMS provider or the U.S. student‑finance platform)?