Learnosity was founded in Dublin, Ireland in 2007 by CEO, Gavin Cooney and CTO, Mark Lynch. The company creates online education assessment and teaching software.[4] Learnosity initially focussed primarily on audio assessment and mobile-assisted language learning, notably the FÓN project – a joint collaboration between The National Council for Curriculum and Assessment (NCCA) and the National Centre for Technology in Education (NCTE).[5][6]
In 2011, Learnosity pivoted from a primarily B2C model to a B2B model.[citation needed] The company currently operates a Platform as a Service (PaaS) business model where its products, including a suite of embeddable technology-enhanced items.[7]
In 2016, the company formed the MathQuill Alliance together with Desmos and Sapient Docs to support the continued development of MathQuill, a cross-browser, JavaScript library that displays, and allows users to easily edit and create, mathematical notation in web browsers.[8]
Funding
In September 2015, Australian-based, company 3P Learning announced that it had acquired a 23.07% shareholding in Learnosity. In January 2016, 3P Learning acquired a further 16.93% interest in Learnosity for AUD$20.2million, taking its total shareholding in Learnosity to 40%.[9]
In May 2018, 3P Learning sold its 40% stake in Learnosity to Boston-based company Battery Ventures.[10]
In June 2021, Learnosity acquired the UK headquartered Questionmark.[11]
Awards
Number 16 on Time Magazine World's Top EdTech Companies of 2024[12]
2022 EdTech Breakthrough Award Winner - Remote Learning Solution Provider of the Year[13]
2022 SIIA CODiE Award Best Formative Assessment Solution (finalist)[14]
2021 EdTech Breakthrough Award Winner - Remote Learning Solution Provider of the Year[15]