360Learning
French corporate learning platform where employees co-create training courses.
On the record
Checkpoint: Progress toward stated $100M ARR target and next NRR disclosure
The call
The customer base and integrations keep revenue flowing, but the original collaborative-authoring idea no longer stands apart from what Docebo and plain AI chatbots now do.
360Learning makes software that helps large companies train their workers by letting subject experts create courses together rather than relying on outside trainers. The company has real customers paying real money (about 2,300 big companies), and their software is woven into how companies handle compliance and training, which makes it sticky. But the core thing that made 360Learning special, helping groups of experts build courses together, is not hard for others to copy: Docebo is the same size and building the same features, HR giants like Workday and SAP could bundle this into their existing software with no real barrier, and free tools like ChatGPT now do much of the course-writing work automatically, turning 360Learning into just another training software option instead of something unique. The one number to watch is whether the company keeps its existing customers spending more money year to year (a metric called net revenue retention), because if that number stays high and grows, it means lock-in is real; if it drops, it means bigger rivals and AI tools are carving away their advantage.
Why
01
AI pressure: ChatGPT, Copilot, and Docebo's AI course generation. Generic AI now drafts training content directly, cutting into the SME-authoring workflow that used to require this platform. Could AI do the core job? Yes, likely.
02
Bigger players: Workday Learning, SAP SuccessFactors, Cornerstone OnDemand. These HR suites could bundle a collaborative learning module for free, though none has shipped one yet. Could a giant copy it? Yes, easily.
03
What protects it. 2,300+ customers already run compliance tracking and HR integrations through it, and switching LMS systems is a painful, slow project for buyers.
What would change this call
360Learning discloses NRR figure publicly or via reporting in next 12 months. Above 120% signals lock-in holding; below 110% signals moat eroding.
360Learning announces reaching $100M ARR milestone. Hitting the target shows growth is not stalling despite AI feature parity.
Workday, SAP SuccessFactors, or Cornerstone ship a collaborative course-authoring module. Would show HR-suite incumbents bundling 360Learning's core differentiator.
360Learning announces reaching $100M ARR milestone. Hitting the target shows growth is not stalling despite AI feature parity.
Workday, SAP SuccessFactors, or Cornerstone ship a collaborative course-authoring module. Would show HR-suite incumbents bundling 360Learning's core differentiator.
Key numbers
- ~$60M ARR in 2024, up from $51.1M
- 2,300+ enterprise customers
- NRR reported above 110%
Named risks
- Generic AI tools like ChatGPT compress the value of 360Learning's core SME course-authoring wedge.
- Docebo, a comparably resourced direct peer, ships equivalent AI features on the same timeline.
- HR-suite incumbents (Workday, SAP SuccessFactors, Cornerstone) could bundle collaborative learning and erode standalone LMS demand.
- Conflicting revenue, headcount, and HQ figures across sources reduce confidence in company's true scale.
- New CEO Benjamin Marchal, in role since January 2025, still settling in during a competitive AI transition.
Rivals, as read in July 2026
| Rival | Direction | Evidence |
|---|---|---|
| Docebo | contesting | Similarly sized rival shipping matching AI features on same timeline, per company comparison, May 2026 |
| Cornerstone OnDemand | contesting | Named as HR-suite incumbent that could bundle collaborative learning without structural barrier |
| SAP SuccessFactors | gaining on | Native HR suite positioned as alternative enterprises weigh against best-of-breed vendors, 2026 |
| Workday Learning | gaining on | HR-suite native learning module could bundle collaborative features without structural moat |
Questions people ask
- Is 360Learning profitable in 2026?
- 360Learning has not disclosed profitability. Latka estimated 2024 revenue at $60M, up from $51.1M in 2023, and the company says it is on track for $100M ARR (vendor claim, July 2025). No public profit or loss figures have been reported.
- Who is 360Learning's biggest competitor?
- Docebo is 360Learning's closest direct rival, a similarly sized LMS vendor shipping comparable AI features on the same timeline. As of a May 2026 comparison, 360Learning scored 4.6/5 on G2 versus Docebo's 4.4/5, though both companies host these comparisons themselves.
- Could AI replace 360Learning's product?
- Generic AI tools like ChatGPT compress 360Learning's original SME-authoring wedge, so the company is racing to rebuild differentiation with its own features, including AI Companion Action Mode launched May 13, 2026, for AI-driven catalog administration with human oversight.
- Who owns 360Learning?
- 360Learning is privately held, backed by investors including Sumeru Equity Partners, SoftBank Vision Fund 2, and Silver Lake Waterman, who led a $200M round in October 2021. Founder Nick Hernandez now serves as Executive Chairman after Marchal became CEO in 2025.
- What is 360Learning's revenue in 2024?
- Third-party tracker Latka estimated 360Learning's 2024 revenue at $60M, up from $51.1M in 2023, as of a December 18, 2024 report. The company has separately stated it is targeting $100M in annual recurring revenue in the coming years (vendor claim, July 2025).
- Is 360Learning growing its customer base?
- Customer counts rose from 2,300 reported in September 2024 to over 2,500 teams cited on the company's site in 2025-2026. Named enterprise logos include LVMH, Toyota, Michelin, Cisco, Biogen, and Duolingo, according to company and press materials.
Timeline
- 2026-05-13Launched AI Companion Action Mode for AI-driven catalog administration
- 2025-10-01Launched AI Companion with conversational Search Mode
- 2025-07-24Received EUR1.8M France 2030 grant for AI R&D in skills-based learning
- 2025-07-11Introduced AI-Powered Smart Review for open-ended learner answers in ~30 languages
- 2025-01-01Benjamin Marchal became CEO, founder Nick Hernandez moved to Executive Chairman
- 2024-09-18Reported 2,300 customers under new CEO announcement
- 2023-10Acquired eLamp, an AI-powered skills platform
- 2021-10Closed $200M growth round led by Sumeru Equity Partners, SoftBank Vision Fund 2, Silver Lake Waterman
- 2019-04-17Raised $41M Series B
- 2013-11-07Founded by Nick Hernandez, Guillaume Alary-Raisonnier, Sebastien Mignot
Revision history
22 July 2026
First assessed. Losing its protection. The text above is fixed as of this date and is not edited afterwards.
In the same band
Sources
- What is Brief History of 360Learning Company?
- 360Learning Stock Price, Funding, Valuation, Revenue & Financial Statements (2025-07-23)
- The deck that scored edtech 360Learning a $200m round (2022-10-04)
- 360Learning wins €1.8M French Government grant (2025-07-24)
- 360Learning Revenue, Funding & Growth History (2024) (2024-12-18)
- 360Learning powers Europe's fight against skills crisis with €1.8M AI boost (2025-07-24)
- AI-Powered LMS & Collaborative Learning Platform
- 360Learning Appoints Benjamin Marchal as CEO (2024-09-18)
- 360Learning Newsroom
- 360Learning 2026 Company Profile
- Former Docebo Sales Leader Chris Bondarenko Joins 360Learning (2024-02-08)
- Introducing AI-Driven Smart Review (2025-07-11)