# Open Learning funding: rounds and investors

> Open Learning has raised $5.9M across 3 rounds since 2014. Investors include Regal Funds Management, SYD Ventures and ICU Global. Every round with its source.

Source: https://millionrounds.com/company/open-learning (Millionrounds; every figure on the page links to its filing or article)

Australia · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Open Learning*

3 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Edtech

Funding summary Updated 26 Oct 2026

**$5.9M** raised across 3 rounds since 2014, from 3 sources

**$47K** Seed **$1.7M** Seed **$4.2M** Round

- **Latest round:** Round, $4.2M Oct 2020
- **Step-up i:** 2.5×
- **Investors:** 3

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2016 2017 2018 2019 2020

**$47K** Seed

**$1.7M** Seed

**$4.2M** Round

- **First round:** Seed, $47K
- **Biggest round:** $4.2M
- **Usual gap between rounds:** 5.7 years

## The rounds

- **Oct 2020** Round **$4.2M** *1 new* [Regal Funds Management](https://millionrounds.com/fund/regal-funds-management) Source recorded
- **Feb 2015** Seed **$1.7M** *1 new* ICU Global From a historical funding record
- **Aug 2014** Seed **$47K** *1 new* [SYD Ventures](https://millionrounds.com/fund/syd-ventures) From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2014 **Seed** 2015 **Round** 2020 [Regal Funds Management](https://millionrounds.com/fund/regal-funds-management) [SYD Ventures](https://millionrounds.com/fund/syd-ventures) ICU Global

## Everyone who backed them

[Regal Funds Management](https://millionrounds.com/fund/regal-funds-management) VC firm **1** round

[SYD Ventures](https://millionrounds.com/fund/syd-ventures) VC firm **1** round

ICU Global no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=open-learning).

## Also claim to have backed them

These 2 firms list Open Learning as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[One Planet VC](https://millionrounds.com/fund/one-planet-vc) VC firm 2024, per its site

[One Planet Group](https://millionrounds.com/fund/one-planet-group) Angel network 2024, per its site

## Quick answers about Open Learning

### Who invested in Open Learning?

Open Learning's investors include Regal Funds Management, SYD Ventures and ICU Global.

### How much has Open Learning raised?

Open Learning has raised $5.9M across 3 rounds since 2014.

### When did Open Learning last raise?

Open Learning's most recent round was an Undisclosed round of $4.2M in Oct 2020.

### What was Open Learning's biggest round?

Its most recent round, $4.2M in Oct 2020, is also its largest on record.

### Who backed Open Learning first?

Open Learning's first round on record, in Aug 2014, was backed by SYD Ventures.

### What stage is Open Learning at?

Open Learning's latest named round is an Undisclosed round, in Oct 2020.

### Where is Open Learning based?

Open Learning is based in Australia.

## Companies like Open Learning

In the same sector, and raised in the last eighteen months.

[**Enrola** $2.9M · Aug 2026](https://millionrounds.com/company/enrola)[**Teacher's Buddy** $1.2M · Nov 2025](https://millionrounds.com/company/teacher-s-buddy)[**Coursebox** $487K · Aug 2025](https://millionrounds.com/company/coursebox)[**Intuitivo** $58K · Oct 2026](https://millionrounds.com/company/intuitivo)[**Coding Giants** $16M · Oct 2026](https://millionrounds.com/company/coding-giants)[**Stride** $16M · Oct 2026](https://millionrounds.com/company/stride)

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