What is D2L's business focus and history?
D2L is a publicly funded company based in Kitchener, Ontario, Canada, founded in 1999 by John Baker. It operates in the Educational Technology industry, providing cloud-based learning software for higher education institutions, K-12 schools, and private sector enterprises. D2L has raised $80 million in Series A funding. The company has over 1,200 employees and serves more than 1,430 customers in over 40 countries. Its flagship product, Brightspace, is a learning management system designed to deliver personalized, flexible, and modern learning experiences. D2L has received numerous awards, including being named one of the World’s Top EdTech Companies by TIME in April 2025.
D2L Corporate Details & Core Services
D2L is a global learning technology company that provides cloud-based learning software for higher education institutions, K-12 schools, and private sector enterprises. Their flagship product, Brightspace, is a learning management system designed to deliver personalized, flexible, and modern learning experiences.
D2L Contact Information & Official Links
What are D2L's Key Business Metrics & Stats?
No of employees 1200
Founded year 1999
Type public
SAICS CODE 7370
NAICS Code 511210
Industry Educational Technology
Location Kitchener, Ontario, Canada
Subsidiary Company
d2l.com.au, d2l.eu, d2l.com.br, d2l.com.sg
Stock Name DTOL (Toronto Stock Exchange)
Other website d2l.com.au, d2l.eu, d2l.com.br, d2l.com.sg
Pricing Strategy Subscription-based licensing, Per-user pricing
D2L
DTOL (Toronto Stock Exchange)
Firmographic Snapshot
2026
1999
Founded Year
1200
Global Employees
Canada
Headquarters
Educational Technology Industry
Public
Type
Verified by
DexterAgent.ai
How much funding has D2L raised to date?
Name
Description
Funding Amount
USD 80 Million
Stage
Series A
Latest Valuation
(USD)
Lead Investor
NEA
Investors
NEA, OMERS Ventures
What are D2L's Core Products?
Name
Description
Brightspace
A cloud-based learning management system for creating, delivering, and managing online and blended learning experiences.
D2L Lumi
An AI-powered tool designed to assist in building content, assessments, and activities.
D2L Creator+
A course authoring tool that enables the creation of engaging, interactive course content.
D2L Performance+
An advanced analytics package that provides insights into course and learner data.
D2L Achievement+
A tool that simplifies reporting and oversight of learning outcomes.
D2L Course Merchant
An e-commerce solution that enables institutions to sell and manage access to online courses.
What are the latest developments at D2L?
Date
Type
Description
April, 2025
Award
D2L named one of the World’s Top EdTech Companies by TIME.
May, 2023
Partnership
D2L deepens partnership with Ellucian to enhance data-driven integration.
July, 2024
Acquisition
D2L acquires H5P Group to enhance content creation capabilities.
What industry awards and recognitions has D2L received?
Date
Type
Description
April, 2025
Recognition
Named one of the World’s Top EdTech Companies by TIME.
January, 2025
Award
D2L Lumi received three Tech & Learning Awards of Excellence: Best of 2024.
February, 2025
Award
D2L Brightspace placed third in G2’s 2025 Best Software Awards for Best Education Software Products.
D2L VS Blackboard VS Canvas by Instructure VS Moodle : 2026 Comparison
Feature
D2L
Blackboard
Canvas by Instructure
Moodle
Core Strengths Brightspace, D2L Lumi, D2L Creator+, D2L Performance+, D2L Achievement+, D2L Course Merchant
Blackboard Learn, Anthology Ally
Canvas LMS, Canvas Studio, Canvas Catalog
Moodle LMS, Moodle Workplace, MoodleCloud, Moodle App
Founded Year 1999
1997
2008
2002
Stock Name/Ticker DTOL (Toronto Stock Exchange)
Type public
private
private
private
Global Employees 1200
3000
1466
35
Revenue (Annual) $76.3 Million(2025)
$700 Million(2018)
$475.2 Million(2022)
Headquarters Kitchener, Ontario, Canada
Reston, Virginia, United States
Salt Lake City, Utah, United States
Perth, Western Australia, Australia
Latest Valuation
$1.6 Billion
$0
$0
LATEST REVENUE (TRILLIONS USD)
EMPLOYEE COUNT (THOUSANDS)
INNOVATORS
VISIONARIES
DISRUPTORS
GIANTS
Blackboard
700 | 3000
Canvas by Instructure
475.2 | 1466
Competitive Landscape 2026
DexterAgent.ai
What are D2L's official legal and registration details?
Name
Description
Legal Name
D2L Inc.
Cin number
GST number
Registration number
Who is in D2L's executive leadership team?
Name
Designation
CEO
John Baker
Chief Financial Officer
Josh Huff
Chief Legal Officer
Anna Forgione
Chief Product Officer
Amy Clark
Chief Revenue Officer
Lee Poteck
Chief Marketing Officer
Brian Finnerty
Where are D2L's primary office locations?
City
Country
Kitchener
Canada
London
United Kingdom
Melbourne
Australia
SĂŁo Paulo
Brazil
Singapore
Singapore
What are the current business signals and market intelligence for D2L?
Spending next 3 months
Product development, Market expansion, Customer support enhancement
Pain points
Need for personalized learning experiences, Integration with existing systems, Scalability of learning platforms
Sales motion
Direct sales, Channel partners
Buyer Persona
Educational administrators, Corporate training managers, IT directors
Type of customer
Higher education institutions, K-12 schools, Corporate enterprises
Key customer domain
walmart.com, purdue.edu, yearup.org
Annual ACV
$50,000 - $500,000
What is D2L's annual revenue history?
Year
Revenue (USD)
2025
76.3 Million
What are D2L's risk management and compliance ratings?
GDPR RIsk
No
Privacy Risk
No
Company Ratings
4.2
Glassdoor Rating
4.2
Saas
Yes
Offline Stores
No
Service
Yes
Ecommerce
No
Exporter
Yes
Mobile App
Yes
Retail
No
B2B
Yes
B2C
No
Manufacturing
No
Wholesale
No
Importer
No
