E-Learning
Postgraduate and corporate digital education for professionals.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | €1.0m | Seed | |
| Total Funding | 000k | ||
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ELG E-Learning Group, founded in 2012, is a Vienna-based international education group specializing in digital academic education and training for working professionals. The company is managed by CEO Mag. PhDr. Klaus Volcic. ELG operates its own private universities and maintains a network of partner institutions. The group includes the German University for Applied Sciences (DHAW) in Potsdam and holds a stake in the Brand University of Applied Sciences in Hamburg.
The company's business model focuses on two main segments: business-to-consumer (B2C) through ELC E-Learning Consulting and business-to-business (B2B) via ELT E-Learning Trainings. For corporate clients, ELG offers a subscription-based service, ELG GROW, which provides access to a library of over 150 courses for employee upskilling. For individual professionals, the company provides a range of postgraduate programs, primarily flexible MBA and Executive MBA degrees, in partnership with universities like the Fachhochschule des BFI Wien. Revenue is generated from these corporate subscriptions and individual tuition fees. In August 2024, the firm secured a seven-figure revenue-based financing investment from Round2 Capital to expand its digital offerings, particularly in AI and sustainability, and to grow internationally.
ELG serves over 15,000 educational clients globally, with more than 10,000 MBA students in the DACH region (Germany, Austria, Switzerland). The portfolio includes over 160 courses, MBA programs, and micro-certificates in fields such as management, data science, AI, sustainability, and business administration. The programs are designed for flexibility, allowing part-time study, and are delivered through a proprietary Learning Management System (LMS). The company also offers services like the digitization of content and online proctoring for exams.
Keywords: digital education, postgraduate studies, corporate training, MBA programs, professional development, upskilling, flexible learning, online degrees, executive education, continuing education, e-learning solutions, learning management system, DACH market, academic partnerships, corporate e-learning, digital transformation training, sustainability education, AI in education, leadership development, management training