Elucidat Raises £2M In Follow-On Funding
- Elucidat, a Brighton, UK-based provider of an elearning authoring platform, raised £2M in Follow-On funding
- The round was led by YFM Equity Partners
- The company intends to use the funds to continue building its global customer base of large enterprise organisations
- The company is an elearning authoring platform that enables its customers to enhance their learning and development goals by producing digital learning content faster
- Its international customer base includes Tesco, Kingfisher, Metro Bank and Decathlon
- YFM first invested £3.5m in Elu cidat in 2019 to accelerate product development and drive growth in North America