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 Sep 30, 2026, the latest employee count at D2L is 1269.

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 $***** Series B round on Aug 14, 2014, with participation from 7 investors.

What is the annual revenue of D2L?

Annual revenue of D2L is between $100M and $500M as on Jan 31, 2026

Where does D2L rank among its competitors?

D2L ranks 15th amongst 7252 active competitors, of which 446 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Factorial, which secured $150M in Jun, 2026.

Who are the top competitors of D2L?

D2L's top competitors include Workday, Cornerstone and Kronos. Among them, Factorial secured the most recent funding round in June, 2026.

D2L - 2026 Company Profile, Team, Funding & Competitors

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

Series B, Aug 14, 2014, $*****

Investors

New Enterprise Associates & 7 more

Ranked

15^th among 7252 active competitors

Annual Revenue

$100M - $500M as on Jan 31, 2026

Employee Count

1,269 as on Sep 30, 2026

Investment & Acquisitions

H5P & 4 more

Similar Companies

Cornerstone & 4172 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 Europe Ltd CIN: 0763.358.029 , Belgium, Active	Feb 01, 2021	-	-	-
D2L Inc. CIN: 893073-2 , Canada, Active	Jun 20, 2014	$100M - $500M (As on Jan 31, 2026)	-	-
D2L LTD. CIN: 261163681 , United States, Active	Dec 26, 999	-	86 (As on Dec 31, 2024)	-

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 Series B round on Aug 14, 2014 for $*****. 7 investors 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	6730054	Series B	1532598	6601086	8821229	2697327
Aug 14, 2014	8512374	Conventional Debt	2113803	7974297	4071019	SVB
Aug 13, 2014	4644725	Series B	4310467	2822721	7607283	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 1,269 employees as of Sep 26. Here is D2L's employee count trend over the years:

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Top competitors of D2L include Workday, Cornerstone and Kronos. 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, T. Rowe Price & 11 others	88/100
2nd	Cornerstone 1999, Santa Monica (United States), Acquired	Provider of a platform for talent experience and workforce agility	$64.4M	Meritech, Bessemer Venture Partners & 16 others	85/100
3rd	Kronos 1977, Lowell (United States), Acquired	Provider of HCM software solutions for enterprises	$855M	GIC, Blackstone & 3 others	81/100
4th	Go1 1998, Brisbane (Australia), Series D	Cloud-based LMS platform for multi-industry	$430M	Seek, AirTree & 33 others	80/100
5th	Deel 2019, San Francisco (United States), Series E	Provider of human resources and international payroll compliance software tools	$986M	Spark Capital, Andreessen Horowitz & 55 others	79/100
6th	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
7th	PowerSchool 1997, Folsom (United States), Acquired	Provider of software and cloud-based solutions for K-12 education	$32M	Warburg Pincus, Snider Capital & 7 others	78/100
8th	Factorial 2016, Barcelona (Spain), Series D	Provider of business management software for human resources and finance	$369M	Atomico, Tiger Global Management & 10 others	78/100
9th	PeopleStrong 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	78/100
10th	Remote 2019, Amsterdam (Netherlands), Series C	Provider of employment infrastructure for payroll compliance and contractor management	$506M	SoftBank Vision Fund, Two Sigma Ventures ... & 27 others	77/100
15th	D2L 1999, Kitchener (Canada), Public	Provider of LMS systems for multiple sectors	$244M	Four Rivers Group, NewView Capital & 6 others	76/100

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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	Jesandco	1988	New York City (United States)