LMS365: The only learning management system built into Teams
“Can a Microsoft 365-native learning and human-success platform become the default HR operating model for Microsoft-first enterprises?”
Founded2009
HQAarhus, Denmark
Total raised$20M+ (institutional)
Latest roundSeries A, 2023 ($20.2M)
IndustryHorizontal SaaS / HR & Learning
The story
Founded 2009 as ELEARNINGFORCE, a SharePoint/Microsoft-native LMS out of Denmark. Grew organically until first institutional round in 2023 (Blue Cloud Ventures, $20M). Rebranded to Zensai in 2024 to reposition from single-product LMS to a broader 'Human Success Platform' spanning learning (Learn365), engagement (Engage365), and performance (Perform365) — all natively embedded in Microsoft 365 / Teams. No embedded finance products; monetization is pure B2B SaaS subscriptions.
Product timeline
2009
Founded as ELEARNINGFORCE in Denmark, building SharePoint-based LMS· pivot
2023
Raised $20M Series A led by Blue Cloud Ventures· pivot
2024
Listed on Microsoft Azure Marketplace· pivot
2024
Rebranded from LMS365 to Zensai, expanded platform to include Learn365, Engage365, Perform365· pivot
The stack
0 layers disclosed in LMS365: The only learning management system built into Teams’s embedded-finance stack
Accounting gap: none