When was D2L founded?

D2L was founded in 1999 and raised its 1st funding round 13 years after it was founded.

Where is D2L located?

D2L is headquartered in Kitchener, Canada. It is registered at , .

Who is the current CEO of D2L?

John Baker of D2L. They have also founded 2 companies.

How many employees does D2L have?

As of Apr 30, 2026, the latest employee count at D2L is 1255.

Is D2L a funded company?

D2L is a funded company, having raised a total of $244M across 4 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Sep 04, 2012.

When was the latest funding round of D2L?

D2L's latest funding was a $***** Conventional Debt round on Aug 14, 2014, with participation from 1 investor.

Where does D2L rank among its competitors?

D2L ranks 15th amongst 7215 active competitors, of which 465 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was People Strong, which secured $4.32M in Jun, 2025.

Who are the top competitors of D2L?

D2L's top competitors include Workday, Cornerstone and People Strong. Among them, People Strong secured the most recent funding round in June, 2025.

D2L - 2026 Company Profile, Team, Funding & Competitors

D2L is a public company based in Kitchener (Canada), founded in 1999 by John Baker. It operates as a Provider of LMS systems for multiple sectors. D2L has raised $244M in funding from investors like New Enterprise Associates, OMERS and SVB. The company has 7215 active competitors, including 465 funded and 444 that have exited. Its top competitors include companies like Workday, Cornerstone and People Strong.

Company Details

Provider of LMS systems for multiple sectors. It offers virtual and professional learning solutions. It provides blended,virtual,professional,customer,employes and partner training for corporates. They also provides products with tools for the management of classroom learning and the workplace.

Website: d2l.com
Social
Email ID: *****@d2l.com
Phone Number: +1 **********
Registered Address: ,

Key Metrics

Founded Year

1999

Location

Kitchener, Canada

Stage

Public

Total Funding

$244M in 4 rounds

Latest Funding Round

Conventional Debt, Aug 14, 2014, $*****

Investors

New Enterprise Associates & 7 more

Ranked

15^th among 7215 active competitors

Employee Count

1,255 as on Apr 30, 2026

Investment & Acquisitions

H5P & 4 more

Similar Companies

Cornerstone & 4132 more

Exit Details

Public

View D2L's full profile

D2L is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
D2L LTD. CIN: 261163681 , United States, Active	Dec 26, 999	-	86 (As on Dec 31, 2024)	-
D2L Europe Ltd CIN: 0763.358.029 , Belgium, Active	Feb 01, 2021	-	-	-
D2L EUROPE LTD CIN: 7542144 , United Kingdom, Active	Feb 23, 2011	$19.7M (As on Jan 31, 2025)	59 (As on Jan 31, 2025)

D2L got listed on Nov 03, 2021.

Click here to take a look at D2L's IPO in detail

D2L has raised a total funding of $244M over 4 rounds. Its first funding round was on Sep 04, 2012. Its latest funding round was a Conventional Debt round on Aug 14, 2014 for $*****. 1 investor participated in its latest round. D2L has 8 institutional investors.

Here is the list of recent funding rounds of D2L:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 14, 2014	3314654	Conventional Debt	7716103	2236569	2328980	3136061
Aug 14, 2014	4344282	Series B	5440335	3821751	5768298	9637732
Aug 13, 2014	7325853	Series B	3249518	8286926	8228120	OMERS

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View details of D2L's funding rounds and investors

The founders of D2L is John Baker. John Baker is the CEO of D2L.

Here are the details of D2L's key team members:

John Baker: Founder, President and CEO of D2L and founder of 1 other company.

View details of D2L's Founder profiles and Board Members

D2L's employee count trend

D2L has 1,255 employees as of Apr 26. Here is D2L's employee count trend over the years:

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Top competitors of D2L include Workday, Cornerstone and People Strong. Here is the list of Top 10 competitors of D2L, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Workday 2005, Pleasanton (United States), Public	Developer of cloud software for human resources finance and operations	$352M	Greylock Partners, Bezos Expeditions & 10 others	88/100
2nd	Cornerstone 1999, Santa Monica (United States), Acquired	Provider of a platform for talent experience and workforce agility	$64.4M	Meritech, Luminous Ventures & 16 others	85/100
3rd	People Strong 2005, Gurugram (India), Acquired	Provider of human capital management platform offering integrated HR solutions	$30.7M	West Street AEP I Offshore Aggregator, HDFC Bank ... & 41 others	84/100
4th	Go1 1998, Brisbane (Australia), Series D	Cloud-based LMS platform for multi-industry	$430M	SEEK, Y Combinator & 33 others	80/100
5th	Factorial 2016, Barcelona (Spain), Series C	Provider of business management software for human resources and finance	$300M	Tiger Global Management, Atomico & 9 others	80/100
6th	Kronos 1977, Lowell (United States), Acquired	Provider of HCM software solutions for enterprises	$855M	GIC, Blackstone & 3 others	80/100
7th	Bob 2015, Tel Aviv (Israel), Series D	Provider of a platform for human resources, payroll, and finance	$574M	General Atlantic, Bessemer Venture Partners ... & 18 others	79/100
8th	PowerSchool 1997, Folsom (United States), Acquired	Provider of software and cloud-based solutions for K-12 education	$32M	Warburg Pincus, Snider Capital & 7 others	79/100
9th	GreytHR 1994, Bengaluru (India), Acquired	Provider of cloud based human resource management system and payroll software.	$47.4M	New Enterprise Associates, Info Edge & 14 others	79/100
10th	Dayforce 2008, Toronto (Canada), Acquired	Developer of human capital management software providing HR and talent solutions	$30M	Bridgescale, Ceridian & 1 others	78/100
15th	D2L 1999, Kitchener (Canada), Public	Provider of LMS systems for multiple sectors	$244M	Four Rivers Group, NewView Capital & 6 others	75/100

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D2L has not made any investments yet. D2L has made 5 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 09, 2024	Acquisition	H5P	2014	Tromso (Norway)
May 10, 2023	Acquisition	Course Merchant	2009	Thetford (United Kingdom)
Mar 05, 2014	Acquisition	The Achievement Standard Network	1988	New York City (United States)